14 Acquisitions in the Banking industry - Flippa
Company acquisitions in the Banking industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.
In this blog post, we are taking a closer look at 14 acquisitions that took place in the Banking industry.
Abaca acquired by Safe Harbor Financial
Details about the transaction:
Acquisition amount: $30,000,000
Announcement: 31 October 2022
Details about the company:
The U.S. cannabis sector can use Abaca's banking, payment processing, lending, and treasury management services.
Headquarter:
Where to find them: Website
Industry: Banking, Cannabis, Financial Services, FinTech
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Alchemy acquired by Business Warrior
Details about the transaction:
Acquisition amount: $8,750,000
Announcement: 9 June 2022
Details about the company:
Alchemy offers banking and financial services and is a fintech infrastructure provider.
Headquarter:
Where to find them: Website
Industry: Banking, Financial Services, FinTech
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Alpha Bank Albania acquired by OTP Bank
Details about the transaction:
Acquisition amount: $56,212,504
Announcement: 21 July 2022
Details about the company:
In Albania, banking services are offered by Alpha Bank Albania.
Headquarter:
Where to find them: Website
Industry: Banking
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Arden Partners acquired by The Ince Group
Details about the transaction:
Acquisition amount: $13,765,515
Announcement: 26 October 2021
Details about the company:
A variety of services are offered to corporate customers and stakeholders by the corporate advisors and multi-service stockbroker Arden.
Headquarter:
Where to find them: Website
Industry: Banking, Finance, Financial Services
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Bucks County Bank acquired by First Bank
Details about the transaction:
Acquisition amount: $27,000,000
Announcement: 29 March 2017
Details about the company:
State-chartered banks include Bucks County Bank.
Headquarter:
Where to find them: Website
Industry: Banking, Financial Services
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Making It Easy to Sell Online Businesses
Flippa provides owners and investors with the tools and expertise to sell.
400,000+ Weekly Active Buyers
15 In-house Brokers and 120 Broker Partners
Negotiate and Receive Offers Fast
Integrated Legal, Insurance and Payments
Chesapeake Bank of Maryland acquired by Rosedale Federal Savings & Loan Association
Details about the transaction:
Acquisition amount: $64,400,000
Announcement: 28 January 2022
Details about the company:
New Eastern Avenue Permanent Savings and Loan Association served as the precursor of Chesapeake Bank of Maryland's founding in 1913.
Headquarter:
Where to find them: Website
Industry: Banking, Financial Services
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Cheaha Bank acquired by Investar Bank
Details about the transaction:
Acquisition amount: $41,100,000
Announcement: 20 December 2019
Details about the company:
A neighborhood community bank is Cheaha Bank.
Headquarter:
Where to find them: Website
Industry: Banking, Financial Services
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Freedom Bank acquired by Landmark National Bank
Details about the transaction:
Acquisition amount: $33,350,000
Announcement: 29 June 2022
Details about the company:
A bank that offers banking and financial services is called Freedom Bank.
Headquarter:
Where to find them: Website
Industry: Banking, Finance, Financial Services
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Golden Pacific Bancorp acquired by SoFi
Details about the transaction:
Acquisition amount: $22,300,000
Announcement: 9 March 2021
Details about the company:
The holding company for Golden Pacific Bank Company is called Golden Pacific Bancorp.
Headquarter:
Where to find them: Website
Industry: Banking, Credit, Financial Services
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Panmure Gordon acquired by Atlas Merchant Capital
Details about the transaction:
Acquisition amount: $19,000,000
Announcement: 17 March 2017
Details about the company:
For decades, Panmure Gordon & Co. has helped firms get the funding they need to expand.
Headquarter:
Where to find them: Website
Industry: Banking, Consulting, Legal, Venture Capital
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Making It Easy to Sell Online Businesses
Flippa provides owners and investors with the tools and expertise to sell.
400,000+ Weekly Active Buyers
15 In-house Brokers and 120 Broker Partners
Negotiate and Receive Offers Fast
Integrated Legal, Insurance and Payments
Pilot Bank acquired by Lake Michigan Credit Union
Details about the transaction:
Acquisition amount: $96,000,000
Announcement: 16 June 2021
Details about the company:
A full-service bank, Pilot Bank provides financial products and services to people, businesses, and organizations.
Headquarter:
Where to find them: Website
Industry: Banking, Commercial, Finance, Financial Services, Retail
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Rewire acquired by Remitly
Details about the transaction:
Acquisition amount: $80,000,000
Announcement: 16 August 2022
Details about the company:
Rewire is a fintech firm that creates international internet banking cross-platform solutions for migrants.
Headquarter:
Where to find them: Website
Industry: Banking, Financial Services, FinTech, Payments
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Transact Europe acquired by GreenBox POS
Details about the transaction:
Acquisition amount: $28,000,000
Announcement: 6 April 2022
Details about the company:
The electronic money organization Transact Europe EAD (TEU), with its headquarters in Sofia, Bulgaria, is governed by the EU.
Headquarter:
Where to find them: Website
Industry: Banking, Financial Services, Payments
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
von der Heydt acquired by Bitcoin Group SE
Details about the transaction:
Acquisition amount: $14,892,793
Announcement: 14 December 2022
Details about the company:
Blockchain technology is used by Von der Heydt, a digital bank that offers safe custody of cryptocurrency, payment transactions, and tokenization.
Headquarter:
Where to find them: Website
Industry: Banking, Commercial Lending, Cryptocurrency, Financial Services
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Ray is the VP of Sales at Flippa and has a passion for helping buyers find their dream digital asset, and helping sellers find a successful pathway to exit. Ray is motivated to create a more intuitive way to buy and sell online businesses, with success in managing multi-million dollar deals.
