M&A Deal Summary |
|
|---|---|
| Date | 2020-12-01 |
| Target | IBERIABANK’s Wealth Business |
| Sector | Financial Services |
| Buyer(s) | SEI Investments |
| Sellers(s) | IBERIABANK |
| Deal Type | Divestiture |
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| Category | Company |
|---|---|
| Founded | 1968 |
| Sector | Financial Services |
| Employees | 5,061 |
| Revenue | 1.9B USD (2023) |
SEI Investments is an entity which provides investment processing, fund processing, and investment management business outsourcing solutions that help corporations, financial institutions, financial advisers, and ultra-high-net-worth families create and manage wealth. As of December 31, SEI manages or administers $404 billion in mutual fund and pooled or separately managed assets, including $172 billion in assets under management and $232 billion in client assets under administration. SEI Investments was founded in 1968 and is based in Oaks, Pennsylvania.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 5 |
| Sector (Financial Services) | 1 of 1 |
| Type (Divestiture) | 1 of 3 |
| State (Louisiana) | 1 of 1 |
| Country (United States) | 1 of 4 |
| Year (2020) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-03-31 |
Oranj - Cloud Native Technology Platform
Chicago, Illinois, United States Oranj's Cloud Native Technology Platform provides digital collaboration tools to financial advisors and their clients. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1887 |
| Sector | Financial Services |
| Employees | 3,384 |
| Revenue | 1.2B USD (2018) |
IBERIABANK Corp. is a financial holding company with 280 combined offices, including 188 bank branch offices and three loan production offices in Louisiana, Arkansas, Tennessee, Alabama, Texas, and Florida, 23 title insurance offices in Arkansas and Louisiana, mortgage representatives in 57 locations in 10 states. IBERIABANK was founded in 1887 and is based in Lafayette, Louisiana.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Financial Services) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Louisiana) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2020) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-10-19 |
Gibraltar Private Bank & Trust
Coral Gables, Florida, United States Gibraltar Private Bank & Trust Co. is a boutique firm providing comprehensive wealth management and private banking services tailored to meet the needs of wealthy individuals and their families, successful businesses, foundations and nonprofit organizations. |
Buy | $223M |
