M&A Deal Summary |
|
|---|---|
| Date | 2017-02-01 |
| Target | Intermedium Financial - Insured Deposit Sweep Business |
| Sector | Insurance |
| Buyer(s) | StoneCastle Insured Cash Sweep |
| Sellers(s) | Intermedium Financial |
| Deal Type | Divestiture |
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StoneCastle Insured Cash Sweep LLC is a provider of insurance products and services in US.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Insurance M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2017 M&A | 1 of 1 |
Intermedium Financial LLC is a financial services company whose proprietary software solution provides a seamless investment bridge between FDIC insured bank accounts and asset managers, brokerage houses, institutional money managers, and other financial intermediaries looking to invest in stable deposits.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Insurance M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2017 M&A | 1 of 1 |
