JD Supra: Mergers

SEPTEMBER 27, 2024

Altor’s acquisition of Mandatum) - Medium-sized deals—UK retains its crown for consolidation activity (e.g., LGT’s acquisition of abrdn Capital as well as abrdn Smaller Companies Income Trust & Shires Income merger) - Smaller deals—France replaces. By: White & Case LLP

Financial Services

TechCrunch: M&A

OCTOBER 12, 2023

Block, the Jack Dorsey-founded fintech company previously known as Square, has acquired Hifi, a music-focused fintech startup. The company declined to share deal terms. Hifi founder and CEO Damian Manning announced the news in a LinkedIn post yesterday.

Financial Services

JD Supra: Mergers

NOVEMBER 12, 2024

The UK financial services regulators, the Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA), have recently set out their final policy on the assessment of acquisitions and increases in control of PRA and FCA authorised firms. By: A&O Shearman

Acquisitions

The TRADE

JANUARY 16, 2024

Specialist financial services investor, Atlas Merchant Capital, is backing the merger, providing enough liquidity to support Panmure Liberum’s long-term strategic ambitions. The deal comes just three months after Deutsche Bank completed the acquisition of institutional broker Numis for £410 million.

Investment Banking

TechCrunch: M&A

AUGUST 21, 2024

Zomato, the Indian food delivery giant, has acquired the entertainment ticketing business of financial services firm Paytm for $244.1 The acquisition, among the largest M&A deals among new-age Indian tech companies, includes Paytm’s ticketing services for movies, sports and events.

Entertainment

TechCrunch: M&A

FEBRUARY 20, 2024

FairMoney, a digital bank based in Lagos and headquartered in Paris, is in discussions to acquire Umba, a credit-led digital bank providing payroll and financial services to customers in Nigeria and Kenya, in a $20 million all-stock deal, sources tell TechCrunch.

Banking

The New York Times: Banking

JANUARY 28, 2025

The social media company said it would start a peer-to-peer payments service, moving to expand the apps abilities.

Financial Services

JD Supra: Mergers

OCTOBER 1, 2024

UK & European Financial Services M&A: Sector Trends H2 2023 | H1 2024 — Consumer Finance - Current market: Inflexion point for UK & European consumer lending - We are seeing: Significant consolidation activity: -First-movers attempt to conquer their niches (e.g.,

Finance

JD Supra: Mergers

OCTOBER 4, 2024

UK & European Financial Services M&A: Sector Trends H2 2023 | H1 2024 — Asset/Wealth Management - Current market: Consistently high M&A activity levels - We are seeing: Europe's barbell becomes more pronounced—larger asset / wealth managers swallow smaller competitors at pace: Larger deals remain rare (e.g.,

Management

JD Supra: Mergers

OCTOBER 4, 2024

Governments play a pivotal role in European bank M&A: State coffers play significant roles. . - “Challenger” bank M&A catches fire: The UK grabs headlines with Coventry Building Society’s and Nationwide Building Society’s respective acquisitions of The Co‑operative Bank and Virgin Money. By: White & Case LLP

Banking

How2Exit

AUGUST 2, 2023

With over 15 years of experience in the technology industry, Kurt has a deep understanding of how technology applies to mergers and acquisitions. rn Summary: rn Kurt Stein discusses the role of technology, specifically artificial intelligence (AI), in mergers and acquisitions. Let's dive in.

Mergers and Acquisitions

JD Supra: Mergers

SEPTEMBER 25, 2023

UK & European Financial Services M&A: Sector trends H2 2022 | H1 2023 — Fintech - Whilst many European start-ups have struggled to successfully execute funding rounds at valuation levels of yesteryear, more mature fintechs have pivoted to acquisitions and partnerships to fuel growth.

M&A

TechCrunch: M&A

JANUARY 17, 2024

ZestMoney, the Goldman Sachs-backed Indian fintech startup once valued at $450 million, has sold itself to financial services firm DMI Group, the two said late Wednesday, in a fire sale that caps 12 tumultuous months for the once-hot new-age lender.

Sale

JD Supra: Mergers

JUNE 21, 2024

Join us for this episode of Financial Services Focus, where Lauren Pryor, Eric Edwardson, Haukur Gudmundsson and Krista Cooley dive into considerations for MSR (Mortgage Servicing Rights) fund investments and outline the complexities of MSR fund investments, touching on market structures, licensing requirements, and acquisition strategies.

Funds

The New York Times: Banking

FEBRUARY 20, 2024

Regulators have been tough on big financial mergers, though there are nuances in Capital One’s $35.3 billion takeover bid for Discover.

Capital

Solganick & Co.

DECEMBER 27, 2023

Next Phase of Artificial Intelligence Mergers and Acquisitions (M&A) by Aaron Solganick, CEO December 27, 2024 The next phases of artificial intelligence (AI) are expected to be characterized by several key trends and developments, which may also influence potential mergers and acquisitions (M&A) in the field.

Mergers and Acquisitions

Accenture: M&A

OCTOBER 7, 2021

In Accenture’s recent report, Merging M&A and cloud journeys, we highlight how technology “is a cornerstone of the long-term blueprint for any merger or acquisition.” That’s important to note since in the last year, the financial services industry has witnessed significant activity in M&A.

M&A

Razorpay

AUGUST 9, 2023

Merchant banks are a very important part of the financial ecosystem, since they support the largest chunk of businesses – the mid-sized ones. Merchant banking is a special branch of banking that provides financial services to medium to small-sized businesses. What is a Merchant Bank?

Bank

TechCrunch: M&A

APRIL 27, 2023

Siebert Financial, the U.S.-based based brokerage and financial advisory firm, and its subsidiaries have been providing financial services for over 50 years. Today’s acquisition represents Kakao Pay’s first M&A transaction outside of its home market. One of its subsidiaries, Muriel Siebert & Co.

Financial Services

M&A Leadership Council

SEPTEMBER 16, 2024

Having advised and led transactions ranging from $1B to $50M, Adam has broad experience in strategy translation, project leadership, and complex program delivery, with expertise in Mergers & Acquisitions from growth strategy and transaction advisory to pre-close planning and execution.

Mergers and Acquisitions

M&A Leadership Council

FEBRUARY 7, 2023

She assists clients across a broad range of transactional issues in connection with mergers, acquisitions, divestitures, and spin-offs focusing on overall project management and coordination within the context of corporate transactions.

Consulting

The Deal

AUGUST 9, 2023

Holland & Knight, whose merger with Waller Lansden Dortch & Davis LLP took effect March 1, advised on 108 PE transactions in the first six months of the year, according to data from The Deal. Hill, who joined Holland & Knight through the merger, said 2022 was a good year for both firms pre-combination. and abroad.

Business

OfficeHours

FEBRUARY 26, 2024

If you are anything like me, I entered the financial services industry a few years ago with a naive sense of job security. M&A Activity The financial sector sees frequent mergers and acquisitions, especially among banks, private equity firms, and other types of companies.

Finance

The TRADE

NOVEMBER 15, 2023

Event driven trading strategies seek to profit from corporate events, including mergers and acquisitions, restructurings, and spin-offs. The Olivetree Group was acquired in March last year by London-based trading solutions provider Alvar Financial, as reported by The TRADE.

Mergers and Acquisitions

Viking Mergers & Acquisitions

MAY 9, 2023

He has navigated various challenges and changes in his career and emerged as a successful leader in the financial services and M&A industry. His friend’s father was a successful financial advisor and a great encouragement to Reed. This connection inspired him to pursue a career in financial services.

M&A

Sun Acquisitions

MAY 24, 2024

Mergers and acquisitions (M&A) are intricate transactions that demand careful attention to various legal considerations. Financial Services Sector: Financial institutions face a complex web of regulations. Employment and Labor Law Considerations: M&A transactions often entail a transfer of employees.

M&A

Sun Acquisitions

FEBRUARY 26, 2024

The mandate for Managed Service Providers (MSPs) is unequivocal: evolve rapidly to manage complex IT environments with greater efficiency or risk obsolescence. In pursuing such evolution, mergers and acquisitions (M&A) have emerged as pivotal mechanisms for MSPs to scale their operations swiftly.

M&A

OfficeHours

MARCH 6, 2024

Written by a Top OfficeHours Female Coach If you are anything like me, I entered the financial services industry a few years ago with a naive sense of job security. M&A Activity The financial sector sees frequent mergers and acquisitions, especially among banks, private equity firms, and other types of companies.

Finance

Solganick & Co.

FEBRUARY 16, 2022

was the exclusive financial advisor to Waypoint in its completed M&A transaction. with expertise in the healthcare and financial services industry sectors. Similar to Waypoint, Wipfli has specialized knowledge in the healthcare and financial services industries. Solganick & Co.

Consulting

4Degrees

JANUARY 30, 2023

For deal-driven teams (venture capital, private equity, financial services, real estate, etc.), it’s all about who you know. And keeping track of your network is crucial for success. Unfortunately, traditional relationship management systems have not been designed with dealmakers in mind.

Private Equity

Cooley M&A

DECEMBER 14, 2020

On November 24th, Burson Cohn & Wolfe (BCW) brought together experts from across financial services to discuss current activity and prospects for special purpose acquisition companies (“SPAC”).

IPO

RKJ Partners

AUGUST 6, 2017

As investment bankers, RKJ Partners possesses a breadth of knowledge and experience in advising buyers on business acquisitions. Valuation can be simply defined as the process of assigning an estimated dollar amount or range to the worth of an item, good, or service. What is Valuation?

M&A

The New York Times: Banking

FEBRUARY 19, 2024

The proposed deal would combine two of the largest credit card companies in the United States.

Capital

The TRADE

AUGUST 2, 2024

The merger will create a mega-manager and leading player in the European sphere with roughly €1.5 In the same month, Kepler Cheuvreux subsidiary Ellipsis Asset Management announced it was set to expand its capabilities in the convertible bond segment through the acquisition of Rothschild & Co’s business.

Asset Management

Benchmark International

APRIL 27, 2023

Firebird Capital’s client base spans the technology, healthcare, business services and financial services sectors. Going forward, Firebird Capital's investment will be used to embark on a new phase of growth for peoplewise.

Capital

The New York Times: Banking

FEBRUARY 20, 2024

Before two of the largest credit card companies in the United States can complete a $35 billion deal, they’ll face an uphill battle with regulators.

Capital

Benchmark International

JUNE 19, 2024

Acture Solutions provides clients with managed IT services, cybersecurity, cloud solutions, and IT projects, including networking, physical security, classroom collaboration, and Hardware as a Service (HaaS).

Financial Services