Explore All 709 Divestiture Financial Services Deals - Search the Database Free
M&A Deal Summary |
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|---|---|
| Date | January 14, 2021 |
| Target | Wells Fargo s Canadian Direct Equipment Finance Business |
| Sector | Financial Services |
| Buyer(s) | TD Bank |
| Sellers(s) | Wells Fargo |
| Deal Type | Divestiture |
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| Category | Company |
|---|---|
| Founded | 1855 |
| Sector | Financial Services |
| Employees | 101,577 |
| Revenue | 56.3B CAD (2024) |
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 Context for Buyer | # |
|---|---|
| Overall | 7 of 10 |
| Sector: Financial Services | 6 of 9 |
| Type: Divestiture | 2 of 2 |
| State: Ontario | 2 of 2 |
| Country: Canada | 2 of 2 |
| Year: 2021 | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-01-09 |
Layer 6
Toronto, Ontario, Canada Layer 6, Inc. is an artificial intelligence (AI) company. Layer 6 was founded in 2016 and is based in Toronto, Ontario. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-03-24 |
Headlands Tech
Chicago, Illinois, United States Headlands Tech is a FINRA-registered broker-dealer that provides proprietary liquidity to fixed-income markets. Leveraging a unique fully automated approach, HTGM is able to provide accurate and timely pricing across hundreds of thousands of instruments in the fixed income universe. Headlands Tech was founded in 2013 and is based in Chicago, Illinois. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1852 |
| Sector | Financial Services |
| Employees | 222,544 |
| Revenue | 82.3B USD (2024) |
Wells Fargo is a diversified financial services company that provides retail, commercial and corporate banking services through banking stores and offices, the internet and other distribution channels to individuals, businesses and institutions in all 50 US states, the District of Columbia and in other countries. The company provides other financial services through subsidiaries engaged in various businesses, principally: wholesale banking, mortgage banking, consumer finance, equipment leasing, agricultural finance, commercial finance, securities brokerage and investment banking, insurance agency and brokerage services, computer and data processing services, trust services, investment advisory services, mortgage-backed securities servicing and venture capital investment. Wells Fargo was formed in 1852 and is based in San Francisco, California.
| Deal Context for Seller | # |
|---|---|
| Overall | 14 of 16 |
| Sector: Financial Services | 6 of 7 |
| Type: Divestiture | 13 of 15 |
| State: Ontario | 1 of 1 |
| Country: Canada | 1 of 1 |
| Year: 2021 | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-06-18 |
Wells Fargo & Co. - Global Alternative Investments Feeder Fund Platform
San Francisco, California, United States Wells Fargo & Co.'s Global Alternative Investments Feeder Fund Platform supports a full suite of alternative solutions, including private equity, private debt, hedge funds, private real estate and direct private investments across approximately 70 investment vehicles. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-02-23 |
Allspring
Charlotte, North Carolina, United States Allspring is an asset-management firm that provides investment products and portfolio solutions across fixed income, equities, and multi-asset strategies for institutions, financial intermediaries, and individual investors. The Firm serves clients globally through a range of actively managed strategies. Allspring was established in 2021 and is headquartered in Charlotte, North Carolina. |
Sell | - |
