Explore All 1208 Divestiture Business Services Deals - Search the Database Free
M&A Deal Summary |
|
|---|---|
| Date | May 8, 2015 |
| Target | First Capital Holdings - Factoring Portfolio |
| Sector | Business Services |
| Buyer(s) | Sterling Bank |
| Sellers(s) | First Harrison Bank |
| Deal Type | Divestiture |
FILTER BY
| Category | Company |
|---|---|
| Founded | 1888 |
| Sector | Financial Services |
| Employees | 1,457 |
| Revenue | 990M USD (2020) |
Sterling Bank is a financial services firm that specializes in the delivery of service and solutions to business owners, their families, and consumers in communities within the greater New York City area through teams of dedicated and experienced relationship managers. Sterling Bank was founded in 1888 and is based in Pearl River, New York.
| Deal Context for Buyer | # |
|---|---|
| Overall | 4 of 5 |
| Sector: Business Services | 1 of 1 |
| Type: Divestiture | 1 of 1 |
| Country: United States | 4 of 5 |
| Year: 2015 | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-11-05 |
Hudson Valley Holding
Yonkers, New York, United States Hudson Valley Holding Corp. is the holding company for Hudson Valley Bank. Hudson Valley Bank is a commercial bank that offers many highly customized business banking products. Hudson Valley Holding Corp. was formed in 1972 and is headquartered in Yonkers, New York. |
Buy | $539M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-03-07 |
Astoria Financial
Lake Success, New York, United States Astoria Financial Corporation is the holding company for Astoria Bank. Established in 1888, Astoria Bank is the second largest thrift depository in New York and provides its retail and business customers and local communities it serves with quality financial products and services through 88 convenient banking branch locations, a business banking office in Manhattan, and multiple delivery channels, including its flexible mobile banking app. Astoria Bank commands a significant deposit market share in the attractive Long Island market, which includes Brooklyn, Queens, Nassau, and Suffolk counties with a population exceeding that of 38 individual states. Astoria Bank originates multi-family and commercial real estate loans, primarily on rent controlled and rent stabilized apartment buildings, located in New York City and the surrounding metropolitan area and originates residential mortgage loans through its banking and loan production offices in New York, a broker network in four states, primarily along the East Coast, and correspondent relationships covering 13 states and the District of Columbia. |
Buy | $2.2B |
| Category | Company |
|---|---|
| Founded | 1891 |
| Sector | Financial Services |
| Employees | 173 |
| Revenue | 43M USD (2024) |
First Harrison Bank is a provider of customized and timely working capital financing solutions primarily to small and middle-market companies engaged mainly in manufacturing, distributing and business services. First Harrison Bank was founded in 1891 and is headquartered in Corydon, Indiana.
| Deal Context for Seller | # |
|---|---|
| Overall | 2 of 3 |
| Sector: Business Services | 2 of 2 |
| Type: Divestiture | 2 of 3 |
| Country: United States | 2 of 3 |
| Year: 2015 | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-05-08 |
First Capital - Recourse Factoring
United States
|
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-05-18 |
First Capital - Asset Based Lending
United States First Capital's Asset Based Lending is a provider of financial mortgage services. |
Sell | - |
