US Bank Mergers and Acquisitions Summary

Financial Services Company

US Bank has acquired 9 companies, including 3 in the last 5 years. A total of 2 acquisitions came from private equity firms. It has also divested 2 assets.

US Bank’s largest acquisition to date was in 1998, when it acquired Piper Jaffray for $730M. US Bank has acquired in 4 different US states. The Company’s most targeted sectors include financial services (56%) and information technology (23%).

Join Mergr and gain access to US Bank’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the financial services sector.

M&A Summary

  • M&A Total Activity11
    • M&A Buy Activity9
    • M&A Sell Activity2
  • Total Sectors Invested 4
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 7

US Bank

U.S. Bancorp.

800 Nicollet Mall,
Minneapolis, Minnesota 55402
United States,
(651) 466-3000
www.usbank.com

U.S. Bank is a national consumer and commercial bank. The company operates more then 3,000 bank branches and offices across the US and provides a variety of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions. U.S. Bank was founded in 1863 and is based in Minneapolis, Minnesota.


M&A Summary

Buy vs Sell

Year ≤ '16 '17 '18 '19 '20 '21 T
Buy (0.6/yr) # 6 - - 1 - 2 9
vol $730M $730M
Sell (0.2/yr) # 1 - - 1 - - 2
  11

Most Recent M&A

Company Date Value Type
Bento Technologies, Inc. 2021-08-12 - Add-on Acquisition
San Francisco, California · www.bentoforbusiness.com
MUFG Union Bank NA - Debt Servicing and Securities Custody Services Client Portfolio 2021-01-06 - Divestiture
San Francisco, California
Quasar Distributor LLC 2019-11-25 - Divestiture
Milwaukee, Wisconsin
Talech 2019-09-09 - Add-on Acquisition
Palo Alto, California · www.talech.com
Citizens Financial - 94 Charter One Branches & Other Assets 2014-01-07 - Divestiture
Chicago, Illinois
Syncada LLC 2013-09-10 - Add-on Acquisition
Minneapolis, Minnesota · www.syncada.com
FSV Payment Systems, Inc. 2012-11-27 - Add-on Acquisition
Jacksonville, Florida · www.fsvpaymentsystems.com
Downey Savings and Loan Association 2008-11-21 - Divestiture
Newport Beach, California
PFF Bank & Trust 2008-11-21 - Divestiture
Pomona, California
Piper Jaffray & Co. 2003-01-01 - Spin Off
Minneapolis, Minnesota · www.piperjaffray.com
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Elan Financial Services    - Elan Financial Services - Third-Party ATM & Debit Servicing Business 2018-09-25 1
Minneapolis, Minnesota · www.elanfinancialservices.com , United States

M&A by Sector

Sector Buy # Value Sell # Value
Financial Services 5 (56%) 730M (100%) 1 (50%) -
Information Technology 2 (22%) - - -
Internet Software and Services 1 (11%) - - -
Software 1 (11%) - - -
Distribution - - 1 (50%) -
Total 9 $730M 2 -

By Geo

State/Country Buy Value Sell Value
United States 9 730M 2 -
  California 5 - - -
  Minnesota 2 730M 1 -
  Illinois 1 - - -
  Florida 1 - - -
  Wisconsin - - 1 -
Total 9 $730M 2 -

Deal Values

buy # Total
$100M to $1B 1 $730M
TOTAL $730M
Largest Piper Jaffray & Co.
$730M (1998-01-01)

M&A Connections

Deals
Acquired from
Investor(s)
22%
2 (22%)
Strategic(s)
44%
4 (44%)
Divested to
Strategic(s)
50%
1 (50%)

 Subscribe to unlock this and 169,155
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.2K Private Equity Firms
  • 158K M&A Transactions
  • 165K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.3K M&A Advisors
    (Investment Banks and Law Firms)
  • 57K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.