M&A Deal Summary |
|
|---|---|
| Date | 2010-12-21 |
| Target | TD Auto Finance |
| Sector | Financial Services |
| Buyer(s) | TD Bank |
| Sellers(s) | Cerberus Capital Management |
| Deal Type | Add-on Acquisition |
| Deal Value | 6.3B USD |
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| Category | Company |
|---|---|
| Founded | 1855 |
| Sector | Financial Services |
| Employees | 102,853 |
| Revenue | 52.9B CAD (2023) |
TD Bank and its subsidiaries are collectively known as TD Bank Group (TD or the Bank). TD is a large bank North American bank serving customers in four key businesses operating in a number of locations in key financial centres around the globe: Canadian Personal and Commercial Banking, including TD Canada Trust and TD Insurance; Wealth Management, including TD Waterhouse and an investment in TD Ameritrade; U.S. Personal and Commercial Banking, including TD Bank, America's Most Convenient Bank; and Wholesale Banking, including TD Securities. TD Bank was incorporated in 1855 and is based in Toronto, Canada.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 10 |
| Sector (Financial Services) | 4 of 9 |
| Type (Add-on Acquisition) | 3 of 7 |
| State (Michigan) | 1 of 1 |
| Country (United States) | 4 of 8 |
| Year (2010) | 2 of 2 |
| Size (of disclosed) | 2 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-05-17 |
The South Financial Group
Greenville, South Carolina, United States The South Financial Group consists of Carolina First Bank, which operates under the Carolina First brand in the Carolinas and the Mercantile Bank, which operates in Florida. |
Buy | $61M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-05-26 |
Nordstrom - Credit Card Receivables Portfolio
United States Nordstrom - Credit Card Receivables Portfolio which currently totals approximately $2.2 billion in receivables. |
Buy | - |
| Category | Asset Manager |
|---|---|
| Founded | 1992 |
| PE ASSETS | 55.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Cerberus Capital Management is a private investment firm that targets a wide range of global investments. Cerberus primarily looks for undervalued or distressed situations. Industry sectors of interest include aerospace and defense, apparel, automotive and industrial, building products, commercial services, consumer and retail, financial services, healthcare, manufacturing and distribution, paper, packaging, and printing, real estate, technology, telecommunications, transportation, and travel. In addition to private equity investing, Cerberus also provides corporate credit and acquires real estate. Cerberus was formed in 1992 by Steve Feinberg and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 9 of 54 |
| Sector (Financial Services) | 3 of 5 |
| Type (Add-on Acquisition) | 2 of 27 |
| State (Michigan) | 3 of 5 |
| Country (United States) | 7 of 36 |
| Year (2010) | 3 of 3 |
| Size (of disclosed) | 1 of 14 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-11-09 |
Steward Health Care
Dallas, Texas, United States Steward Health Care is the largest private, tax-paying physician-led health care network that operates 37 hospitals in the United States and the country of Malta that regularly receive top awards for quality and safety. Steward Health Care was founded in 2010 and is based in Dallas, Texas. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-01-01 |
Keane Group
Houston, Texas, United States Keane Group, Inc. provides top hole drilling and hydraulic fracturing services to major operators in the Marcellus Shale basin and across the U.S. Keane Group was founded in 2011 and is based in Houston, Texas. |
Buy | - |
