Add-on Acquisition • Financial Services

RBC Acquires RBTT Financial Holdings

On October 2, 2007, RBC acquired financial services company RBTT Financial Holdings for 2.2B USD

Acquisition Context

This is RBC’s 4th transaction in the Financial Services sector.
This is RBC’s 3rd largest (disclosed) transaction.
This is RBC’s 1st transaction in Trinidad and Tobago.

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M&A Deal Summary
Date	October 2, 2007
Target	RBTT Financial Holdings
Sector	Financial Services
Buyer(s)	RBC
Deal Type	Add-on Acquisition
Deal Value	2.2B USD

Target Company

RBTT Financial Holdings

Port of Spain, Trinidad and Tobago

RBTT Financial Group is a Caribbean-owned banking and financial services group which offers a complete range of banking and financial intermediation services to customers in Trinidad & Tobago and the Caribbean.

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Buyer Overview 1

Buyer

RBC

Toronto, Ontario, Canada

Category	Company
Founded	1864
Sector	Financial Services
Employees	94,480
Revenue	57.5B CAD (2024)

DESCRIPTION

RBC provides personal and commercial banking, wealth management services, insurance, investor services and capital markets products and services on a global basis. RBC was formed in 1864 and is based in Toronto.

Deal Context for Buyer	#
Overall	4 of 7
Sector: Financial Services	4 of 6
Type: Add-on Acquisition	4 of 7
Country: Trinidad and Tobago	1 of 1
Year: 2007	3 of 4
Size (of disclosed)	3 of 3

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2007-04-30	Seasongood & Mayer Cincinnati, Ohio, United States Seasongood & Mayer LLC is a public finance firm and leading underwriter of municipal debt.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2007-04-30

Seasongood & Mayer

Cincinnati, Ohio, United States

Seasongood & Mayer LLC is a public finance firm and leading underwriter of municipal debt.

Buy

FOLLOWING DEAL

DATE	TARGET	DEAL TYPE	VALUE
2007-11-05	ResMor Trust Co. Toronto, Ontario, Canada ResMor Trust Co., Inc. is a provider of residential mortgage products and services across Canada.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2007-11-05

ResMor Trust Co.

Toronto, Ontario, Canada

ResMor Trust Co., Inc. is a provider of residential mortgage products and services across Canada.

Buy

Explore Related M&A Activity

Financial Services M&A - Add-on Acquisition M&A Deals - Trinidad and Tobago M&A - 2007 M&A