M&A Deal Summary |
|
|---|---|
| Date | 2016-10-20 |
| Target | Pillar Financial |
| Sector | Financial Services |
| Buyer(s) | SunTrust Banks |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 1891 |
| Sector | Financial Services |
| Employees | 24,043 |
| Revenue | 8.9B USD (2017) |
SunTrust Banks, Inc. is a financial services company. SunTrust has two business segments: Consumer and Wholesale. Its flagship subsidiary, SunTrust Bank, operates an extensive branch and ATM network throughout the high-growth Southeast and Mid-Atlantic states, along with 24-hour digital access. Certain business lines serve consumer, commercial, corporate, and institutional clients nationally. As of December 31, 2018, SunTrust had total assets of $216 billion and total deposits of $163 billion. The Company provides deposit, credit, trust, investment, mortgage, asset management, securities brokerage, and capital market services.
| DEAL STATS | # |
|---|---|
| Overall | 10 of 10 |
| Sector: Financial Services M&A | 9 of 9 |
| Type: Add-on Acquisition M&A Deals | 6 of 6 |
| State: New York M&A | 1 of 1 |
| Country: United States M&A | 10 of 10 |
| Year: 2016 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-01-23 |
FirstAgain
San Diego, California, United States FirstAgain LLC, is a provider of direct unsecured loans to super-prime borrowers via the Internet. It has developed and operates proprietary technology which offers clients a completely digital and paperless origination, underwriting and servicing experience. |
Buy | - |