M&A Deal Summary |
|
---|---|
Date | 2007-03-02 |
Target | Currenex |
Sector | Financial Services |
Buyer(s) | State Street |
Sellers(s) | TH Lee Putnam Ventures |
Deal Type | Add-on Acquisition |
Deal Value | 564M USD |
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Category | Company |
---|---|
Founded | 1792 |
Sector | Financial Services |
Employees | 39,439 |
Revenue | 11.9B USD (2023) |
State Street is a specialist in providing institutional investors with investment servicing, investment management and investment research and trading services. State Street was founded in 1792 and is based in Boston, Massachusetts.
DEAL STATS | # |
---|---|
Overall | 3 of 11 |
Sector (Financial Services) | 3 of 8 |
Type (Add-on Acquisition) | 2 of 7 |
State (New York) | 2 of 3 |
Country (United States) | 3 of 9 |
Year (2007) | 2 of 2 |
Size (of disclosed) | 5 of 7 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2007-02-12 |
International Fund Services
New York, New York, United States International Fund Services (IFS) is a division of State Street Alternative Investment Solutions which provides a complete suite of fund accounting, fund administration and risk services to hedge funds and private equity funds. The breadth and scope of our offerings allows State Street to develop individual solutions that can meet virtually any level of asset servicing requirements for clients with a range of size and complexity. |
Buy | $4.5B |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2008-02-05 |
CitiStreet
North Quincy, Massachusetts, United States CitiStreet LLC is a US-based retirement plan and benefit service and administration company, with additional operations in Australia for more than 16,000 plans and 12 million participants. |
Sell | $900M |
Category | Growth Capital Firm |
---|---|
Founded | 1999 |
PE ASSETS | 1.1B USD |
Size | Large |
Type | Sector Focused |
TH Lee Putnam Ventures (THLPV) is a technology-focused private equity firm affiliated with Thomas H. Lee Partners and Putnam Investments. THLPV's primary focus is on later-stage venture investments, but the firm will also consider public entities, middle market buyouts, recapitalizations and spinouts of corporate divisions. A typical investment is between $20 and $50 million. TH Lee Putnam Ventures was formed in 1999 and is based in New York City.
DEAL STATS | # |
---|---|
Overall | 5 of 9 |
Sector (Financial Services) | 3 of 3 |
Type (Add-on Acquisition) | 2 of 6 |
State (New York) | 2 of 2 |
Country (United States) | 4 of 8 |
Year (2007) | 2 of 2 |
Size (of disclosed) | 1 of 3 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2007-02-13 |
ResMAE Fiancial
Pasadena, California, United States ResMAE Financial Corporation provides technoogy enabled originator and services subprime mortgages. |
Sell | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2008-04-01 |
Click Tactics
Duluth, Georgia, United States Click Tactics, Inc. provides marketing programs with communications when, where and how your customers want them. Click Tactics streamlines complex processes enabling you to create perfectly timed and personalized communications within and across channels. The results are 3X to 10X better than traditional methods. |
Sell | - |