M&A Deal Summary |
|
---|---|
Date | 2015-08-17 |
Target | National Penn Bancshares |
Sector | Financial Services |
Buyer(s) | Truist |
Deal Type | Add-on Acquisition |
Deal Value | 1.8B USD |
Advisor(s) | Sandler O'Neill + Partners LP (Financial) Wachtell, Lipton, Rosen & Katz (Legal) |
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Category | Company |
---|---|
Founded | 1872 |
Sector | Financial Services |
Employees | 49,218 |
Revenue | 23.4B USD (2023) |
Truist is a financial services company. The company offers a wide range of services including retail, small business and commercial banking; asset management; capital markets; commercial real estate; corporate and institutional banking; insurance; mortgage; payments; specialized lending; and wealth management. Truist was founded in 1872 and is headquartered in Charlotte, North Carolina.
DEAL STATS | # |
---|---|
Overall | 44 of 50 |
Sector (Financial Services) | 40 of 42 |
Type (Add-on Acquisition) | 43 of 45 |
State (Pennsylvania) | 2 of 2 |
Country (United States) | 44 of 50 |
Year (2015) | 3 of 3 |
Size (of disclosed) | 5 of 34 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2015-06-22 |
The Bank of Kentucky Financial
Crestview Hills, Kentucky, United States The Bank of Kentucky Financial Corp. is a provider of financial services. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2016-02-24 |
Swett & Crawford Group
Atlanta, Georgia, United States Swett & Crawford Group, Inc. is a wholesale insurance brokerage firm. |
Buy | $500M |