M&A Deal Summary

Western Alliance Bank Acquires Digital Disbursements

On January 27, 2022, Western Alliance Bank acquired information technology company Digital Disbursements

Acquisition Highlights
  • This is Western Alliance Bank’s 1st transaction in the Information Technology sector.
  • This is Western Alliance Bank’s 3rd transaction in the United States.
  • This is Western Alliance Bank’s 3rd transaction in California.

M&A Deal Summary

Date 2022-01-27
Target Digital Disbursements
Sector Information Technology
Buyer(s) Western Alliance Bank
Deal Type Add-on Acquisition

Target

Digital Disbursements

Manhattan Beach, California, United States
Digital Disbursements is a digital payments platform for the class action legal industry. Digital Disbursements was founded in 2019 and is based in Manhattan Beach, California.

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Buyer(S) 1

Buyer

Western Alliance Bank

Phoenix, Arizona, United States

Category Company
Founded 1994
Sector Financial Services
Employees3,524
Revenue 3.2B USD (2024)
DESCRIPTION

Western Alliance Bank is a bank holding company providing comprehensive business banking and related financial services through its wholly owned banking subsidiary, Western Alliance Bank. With local teams of experienced bankers, Western Alliance Bank provides a superior level of capabilities, products and services, to assist the growth of local businesses and the quality of life in the markets it serves. Western Alliance Bank was founded in 1994 and is based in Phoenix, Arizona.


DEAL STATS #
Overall 3 of 3
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: California M&A 3 of 3
Country: United States M&A 3 of 3
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-16 AmeriHome

Thousand Oaks, California, United States

AmeriHome is a residential mortgage acquirer and servicer focused on driving profitable growth across market environments. The firm operates three complementary business segments: Correspondent, Consumer Direct and Servicing. AmeriHome was founded in 2013 and is based in Thousand Oaks, California.

Buy $1.0B