M&A Deal Summary

UMB Financial Acquires State Street Bank and Trust Company of Missouri N.A

On March 19, 2001, UMB Financial acquired financial services company State Street Bank and Trust Company of Missouri N.A

Acquisition Highlights
  • This is UMB Financial’s 1st transaction in the Financial Services sector.
  • This is UMB Financial’s 1st transaction in the United States.
  • This is UMB Financial’s 1st transaction in Missouri.

M&A Deal Summary
Date 2001-03-19
Target State Street Bank and Trust Company of Missouri N.A
Sector Financial Services
Buyer(s) UMB Financial
Deal Type Add-on Acquisition

Target

State Street Bank and Trust Company of Missouri N.A

Kansas City, Missouri, United States
State Street engages in financial services, provides a full range of products and services for large pools of investment assets. Company clients include mutual fund companies and other investment managers, corporations, public pension funds, unions, non-profit organizations, and families and individuals.

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Buyer(S) 1

Buyer

UMB Financial

Kansas City, Missouri, United States
Category Company
Founded 1913
Sector Financial Services
Employees3,599
Revenue 1.3B USD (2023)
DESCRIPTION

UMB Financial is a diversified financial holding company offers complete banking services, payment solutions, asset servicing and institutional investment management to customers. UMB Financial was founded in 1913 and is based in Kansas City, Missouri.

DEAL STATS #
Overall 1 of 10
Sector (Financial Services) 1 of 10
Type (Add-on Acquisition) 1 of 7
State (Missouri) 1 of 2
Country (United States) 1 of 10
Year (2001) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-04-19 Sunstone Financial Group

Milwaukee,, Wisconsin, United States

Sunstone is a mutual fund service provider to nearly forty mutual funds and fund families. Company engages in providing Internet services that allow shareholders to access account information, complete transactions, open new accounts online, as well as receive statements, confirmations, financial reports and prospectuses via e-mail. In addition, Sunstone provides investment managers and brokers the ability to obtain their customer account information online.

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