zephyr m&a activity report · 9. 154 minority stake 5% bank albilad sa mr mohammed sairafi...
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Zephyr M&A Activity ReportBanking Deals, February 2016
Zephyr is a database of M&A, IPO, private equity and venture capital deals with links to detailed financial information on companies. For more information visit www.zephyrdealdata.com.
You are free to use any data or commentary from this report in your articles as long as the source is cited as “Zephyr published by BvD”
Contact +44 161 838 9554 Zephyr Editorial: [email protected]
Zephyr Monthly M&A Activity ReportBanking Deals, February 2016
Page 1 © Zephyr
The following report details mergers and acquisitions of banking companies in February 2016 using data from the Zephyr database.
It focuses on deal activity with target companies classed as “banking institutions”.
Click here to access the raw data in an Excel spreadsheet.
Bureau van Dijk recently expanded its reach to cover an additional number of smaller development capital deals. This expansion has resulted in increased deal volumes of smaller financial services companies receiving investment from financial sponsors.
Section 1: All Banking Deals page 1
Section 2: Strategic M&A page 6
Section 3: Capital Markets page 11
Section 4: Financial Sponsors page 16
Banking volume and value declines for second consecutive month
There were 122 mergers and acquisitions (M&A) deals worth a combined USD 8,384 million targeting banking companies announced during February, marking the second consecutive monthly decrease (January 2016: 148 deals worth USD 10,536 million; December 2015: 201 deals worth USD 77,563 million).
A similar result was seen year-on-year as volume fell 15 per cent against a 40 per cent decline in value as 143 deals worth a combined USD 14,070 million were announced in February 2015.
China secured the most investment in February notching up USD 4,070 million during the month, followed by Indonesia with USD 1,053 million, which was solely attributable to one transaction involving Bank Permata conducting a rights issue.
All banking deals by volume and value
Announced date No of dealsTotal deal value (mil USD)
Feb-16 122 8,384
Jan-16 148 10,536
Dec-15 201 77,563
Nov-15 210 30,566
Oct-15 150 22,986
Sep-15 280 19,950
Aug-15 200 42,577
Jul-15 190 27,692
Jun-15 217 21,546
May-15 233 42,537
Apr-15 221 18,585
Mar-15 218 33,585
Feb-15 143 14,070
Zephyr is a database of M&A, IPO, private equity and venture capital deals with links to detailed financial information on companies. For more information visit www.zephyrdealdata.com.
You are free to use any data or commentary from this report in your articles as long as the source is cited as “Zephyr published by BvD”
Contact +44 161 838 9554 Zephyr Editorial: [email protected]
Zephyr Monthly M&A Activity ReportBanking Deals, February 2016
Page 2 © Zephyr
All banking deals by volume and value
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Aggregate deal value (mil EUR) Number of deals
Zephyr is a database of M&A, IPO, private equity and venture capital deals with links to detailed financial information on companies. For more information visit www.zephyrdealdata.com.
You are free to use any data or commentary from this report in your articles as long as the source is cited as “Zephyr published by BvD”
Contact +44 161 838 9554 Zephyr Editorial: [email protected]
Zephyr Monthly M&A Activity ReportBanking Deals, February 2016
Page 3 © Zephyr
Top 20 global banking deals by value
Deal value (mil USD) Deal type Target Target
country Acquiror Acquiror country
Announced date
1. 3,560 Minority stake increased from 20% to 44%
China Guangfa Bank Co., Ltd CN China Life Insurance Co., Ltd CN 29/02/2016
2. 1,053 Capital Increase 64% Bank Permata Tbk, PT ID 19/02/2016
3. 505 Capital Increase 33% EFG International AG CH 22/02/2016
4. 501 Minority stake 6% Shengjing Bank Co., Ltd CN Evergrande Real Estate Group Ltd's subsidiary 29/02/2016
5. 327 Capital Increase 24% Banco Santander Totta SA PT 29/02/2016
6. 310 Capital Increase Manulife Financial Corporation CA 16/02/2016
7. 218 Capital Increase 13% IDBI Bank Ltd IN Life Insurance Corporation of India Ltd IN 20/02/2016
8. 210 Acquisition increased to 100% Kyongnam Bank Co., Ltd KR BNK Financial Group Inc. KR 02/02/2016
9. 154 Minority stake 5% Bank Albilad SA Mr Mohammed Sairafi 29/02/2016
10. 150 Acquisition increased to 100% Bank SinoPac Co., Ltd TW Sinopac Financial Holdings Co., Ltd TW 26/02/2016
11. 150 Acquisition increased to 100% Busan Bank KR BNK Financial Group Inc. KR 03/02/2016
12. 127 Minority stake 1% Axis Bank Ltd IN Genesis Indian Investment Co., Ltd MU 29/02/2016
13. 112 Minority stake 9% Moskovskii Kreditnyi Bank OAO RU Region Portfelnye Investitsii OOO; WHPA Ltd; Investitsionnaya Kompaniya Region AO
RU; CY; RU 20/02/2016
14. 107 Acquisition 100% Xenith Bankshares Inc. US Hampton Roads Bankshares Inc. US 10/02/2016
15. 79 Acquisition 60% Phnom Penh Commercial Bank KH The Jeonbuk Bank Ltd; JB Woori Capital Co., Ltd KR 04/02/2016
16. 57 Minority stake Credit Suisse Group AG CH 12/02/2016
17. 55 Capital Increase 14% acrevis Bank AG CH 25/02/2016
18. 43 Minority stake increased from 2% to 6% Military Commercial Joint Stock Bank VN Norges Bank; Amersham Industries Ltd; Vietnam Enterprise Investments Ltd
NO; VG; KY 19/02/2016
19. 33 Minority stake 2% Banca Monte dei Paschi di Siena SpA IT Classic Fund Management Aktiengesellschaft LI 25/02/2016
20. 33 Minority stake 2% Banca Popolare di Sondrio ScpA IT Amber Capital UK LLP GB 19/02/2016
Zephyr is a database of M&A, IPO, private equity and venture capital deals with links to detailed financial information on companies. For more information visit www.zephyrdealdata.com.
You are free to use any data or commentary from this report in your articles as long as the source is cited as “Zephyr published by BvD”
Contact +44 161 838 9554 Zephyr Editorial: [email protected]
Zephyr Monthly M&A Activity ReportBanking Deals, February 2016
Page 4 © Zephyr
Target country by volume - global banking deals
Target country Feb-15 Jan-16 Feb-16
US 31 28 22
Spain 4 21 17
Romania 0 8 12
Russia 13 14 10
Italy 8 6 7
Switzerland 3 1 6
Sweden 0 0 4
India 10 1 4
Ukraine 11 6 4
China 0 6 4
Taiwan 15 19 3
Bangladesh 1 0 2
Poland 3 1 2
Germany 0 1 2
South Korea 4 1 2
Azerbaijan 0 1 2
Serbia 0 1 2
Target country by value - global banking deals
Target country Feb-15 (mil USD)
Jan-16 (mil USD)
Feb-16 (mil USD)
China 0 311 4,070
Indonesia 486 32 1,053
Switzerland 317 0 639
South Korea 250 185 360
India 611 5 352
Portugal 12 134 327
US 736 5,885 325
Canada 197 764 310
Taiwan 882 295 170
Saudi Arabia 0 0 154
Russia 179 142 112
Italy 179 264 85
Spain 1,099 184 79
Cambodia 0 0 79
Romania 0 17 48
Vietnam 0 0 43
Bangladesh 21 0 37
Serbia 0 5 36
Azerbaijan 0 0 31
Japan 924 0 24
Zephyr is a database of M&A, IPO, private equity and venture capital deals with links to detailed financial information on companies. For more information visit www.zephyrdealdata.com.
You are free to use any data or commentary from this report in your articles as long as the source is cited as “Zephyr published by BvD”
Contact +44 161 838 9554 Zephyr Editorial: [email protected]
Zephyr Monthly M&A Activity ReportBanking Deals, February 2016
Page 5 © Zephyr
Target region by volume - global banking deals
Target country Feb-15 Jan-16 Feb-16
Western Europe 27 40 38
Eastern Europe 32 36 34
Far East and Central Asia 40 35 24
North America 35 30 23
Africa 7 5 2
Middle East 1 1 1
Oceania 1 0 0
South and Central America 0 1 0
Target region by value - global banking deals
Target country Feb-15 (mil USD)
Jan-16 (mil USD)
Feb-16 (mil USD)
Far East and Central Asia 3,504 1,608 6,224
Western Europe 7,952 1,073 1,160
North America 933 6,649 635
Eastern Europe 504 1,056 202
Middle East 91 107 154
Africa 41 24 10
Oceania 1,046 0 0
South and Central America 0 20 0
Zephyr is a database of M&A, IPO, private equity and venture capital deals with links to detailed financial information on companies. For more information visit www.zephyrdealdata.com.
You are free to use any data or commentary from this report in your articles as long as the source is cited as “Zephyr published by BvD”
Contact +44 161 838 9554 Zephyr Editorial: [email protected]
Zephyr Monthly M&A Activity Report“Strategic M&A”, February 2016
Page 6 © Zephyr
Strategic M&A down month-on-month
In line with the overall trend for the banking industry, the value of strategic M&A deals announced in February declined 30 per cent, as volume decreased at a slower rate of 19 per cent in the four weeks under review. There were 87 deals worth USD 5,653 million announced during the month, compared to 107 deals worth USD 8,049 million in January 2016.
On a 12 month comparison volume fared slightly better, increasing from 82 deals in February 2015, while value took a hit against the USD 8,593 million recorded during the same time last year.
The largest strategic M&A deal of the month was China Life Insurance increasing its stake in China Guangfa Bank from 20 per cent to 44 per cent for USD 3,560 million. This deal was seven times larger than the second biggest transaction, which also targeted a Chinese company.
Having been targeted in the top two deals for the month it is unsurprising that China was the most valuable country in terms of strategic M&A with investment worth a total of USD 4,070 million, well ahead of second placed South Korea with USD 360 million.
“Strategic M&A” banking deals by volume and value
Announced date No of deals Total deal value (mil USD)
Feb-16 87 5,653
Jan-16 107 8,049
Dec-15 132 61,115
Nov-15 139 6,640
Oct-15 94 10,308
Sep-15 216 8,332
Aug-15 135 30,236
Jul-15 122 15,473
Jun-15 145 12,402
May-15 176 32,571
Apr-15 142 7,478
Mar-15 151 16,759
Feb-15 82 8,593
Zephyr is a database of M&A, IPO, private equity and venture capital deals with links to detailed financial information on companies. For more information visit www.zephyrdealdata.com.
You are free to use any data or commentary from this report in your articles as long as the source is cited as “Zephyr published by BvD”
Contact +44 161 838 9554 Zephyr Editorial: [email protected]
Zephyr Monthly M&A Activity Report“Strategic M&A”, February 2016
Page 7 © Zephyr
“Strategic M&A” banking deals by volume and value
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Total deal value (mil EUR) Number of deals
Zephyr is a database of M&A, IPO, private equity and venture capital deals with links to detailed financial information on companies. For more information visit www.zephyrdealdata.com.
You are free to use any data or commentary from this report in your articles as long as the source is cited as “Zephyr published by BvD”
Contact +44 161 838 9554 Zephyr Editorial: [email protected]
Zephyr Monthly M&A Activity Report“Strategic M&A”, February 2016
Page 8 © Zephyr
Top 20 “Strategic M&A” banking deals by value
Deal value (mil USD) Deal type Target Target
country Acquiror Acquiror country
Announced date
1. 3,560 Minority stake increased from 20% to 44% China Guangfa Bank Co., Ltd CN China Life Insurance Co., Ltd CN 29/02/2016
2. 501 Minority stake 6% Shengjing Bank Co., Ltd CN Evergrande Real Estate Group Ltd's subsidiary 29/02/2016
3. 210 Acquisition increased to 100% Kyongnam Bank Co., Ltd KR BNK Financial Group Inc. KR 02/02/2016
4. 154 Minority stake 5% Bank Albilad SA Mr Mohammed Sairafi 29/02/2016
5. 150 Acquisition increased to 100% Bank SinoPac Co., Ltd TW Sinopac Financial Holdings Co., Ltd TW 26/02/2016
6. 150 Acquisition increased to 100% Busan Bank KR BNK Financial Group Inc. KR 03/02/2016
7. 127 Minority stake 1% Axis Bank Ltd IN Genesis Indian Investment Co., Ltd MU 29/02/2016
8. 112 Minority stake 9% Moskovskii Kreditnyi Bank OAO RU Region Portfelnye Investitsii OOO; WHPA Ltd; Investitsionnaya Kompaniya Region AO
RU; CY; RU
20/02/2016
9. 107 Acquisition 100% Xenith Bankshares Inc. US Hampton Roads Bankshares Inc. US 10/02/2016
10. 79 Acquisition 60% Phnom Penh Commercial Bank KH The Jeonbuk Bank Ltd; JB Woori Capital Co., Ltd KR 04/02/2016
11. 57 Minority stake Credit Suisse Group AG CH 12/02/2016
12. 43 Minority stake increased from 2% to 6% Military Commercial Joint Stock Bank VN Norges Bank; Amersham Industries Ltd; Vietnam Enterprise Investments Ltd
NO; VG; KY
19/02/2016
13. 33 Minority stake 2% Banca Monte dei Paschi di Siena SpA IT Classic Fund Management Aktiengesellschaft LI 25/02/2016
14. 33 Minority stake 2% Banca Popolare di Sondrio ScpA IT Amber Capital UK LLP GB 19/02/2016
15. 32 Acquisition 100% Harmony Bank US Lakeland Bank US 18/02/2016
16. 30 Acquisition 100% Country Bank US Mohave State Bank US 16/02/2016
17. 26 Acquisition increased from 55% to 100% Banca Comerciala Carpatica SA RO Nextebank SA RO 25/02/2016
18. 20 Acquisition 90% KBM Banka AD RS Mr Andrej Jovanovic; Mr Bojan Milovanovic RS 18/02/2016
19. 17 Acquisition 100% Community Bank of Northern Wisconsin US Citizens Community Federal NA US 16/02/2016
20. 16 Acquisition remaining stake acting in concert
AIK Banka AD RS M&V Investments AD RS 17/02/2016
Zephyr is a database of M&A, IPO, private equity and venture capital deals with links to detailed financial information on companies. For more information visit www.zephyrdealdata.com.
You are free to use any data or commentary from this report in your articles as long as the source is cited as “Zephyr published by BvD”
Contact +44 161 838 9554 Zephyr Editorial: [email protected]
Zephyr Monthly M&A Activity Report“Strategic M&A”, February 2016
Page 9 © Zephyr
Target country by volume - “Strategic M&A” banking deals
Target country Feb-15 Jan-16 Feb-16
Spain 3 21 17
Romania 0 8 12
Russia 9 14 8
Italy 8 6 7
US 12 12 5
Sweden 0 0 4
Ukraine 8 5 4
China 0 3 4
Switzerland 3 1 4
Taiwan 15 19 3
Poland 1 1 2
Germany 0 1 2
South Korea 4 1 2
Serbia 0 1 2
Target country by value - “Strategic M&A” banking deals
Target country Feb-15 (mil USD)
Jan-16 (mil USD)
Feb-16 (mil USD)
China 0 242 4,070
South Korea 250 185 360
US 363 5,449 186
Taiwan 882 295 170
Saudi Arabia 0 0 154
India 0 0 127
Russia 4 142 112
Italy 179 264 85
Spain 239 184 79
Switzerland 317 0 79
Cambodia 0 0 79
Romania 0 17 48
Vietnam 0 0 43
Serbia 0 5 36
Sweden 0 0 13
Malaysia 273 0 7
Ukraine 26 872 5
South Africa 4 3 2
Bulgaria 0 0 1
Zephyr is a database of M&A, IPO, private equity and venture capital deals with links to detailed financial information on companies. For more information visit www.zephyrdealdata.com.
You are free to use any data or commentary from this report in your articles as long as the source is cited as “Zephyr published by BvD”
Contact +44 161 838 9554 Zephyr Editorial: [email protected]
Zephyr Monthly M&A Activity Report“Strategic M&A”, February 2016
Page 10 © Zephyr
Target region by volume - “Strategic M&A” banking deals
Target country Feb-15 Jan-16 Feb-16
Western Europe 21 35 34
Eastern Europe 20 31 31
Far East and Central Asia 24 27 15
North America 14 12 5
Africa 2 2 1
Middle East 1 0 1
Oceania 0 0 0
South and Central America 0 0 0
Target region by value - “Strategic M&A” banking deals
Target country Feb-15 (mil USD)
Jan-16 (mil USD)
Feb-16 (mil USD)
Far East and Central Asia 1,920 722 4,855
Western Europe 6,088 838 255
Eastern Europe 127 1,036 202
North America 363 5,449 186
Middle East 91 0 154
Africa 4 3 2
Oceania 0 0 0
South and Central America 0 0 0
Zephyr is a database of M&A, IPO, private equity and venture capital deals with links to detailed financial information on companies. For more information visit www.zephyrdealdata.com.
You are free to use any data or commentary from this report in your articles as long as the source is cited as “Zephyr published by BvD”
Contact +44 161 838 9554 Zephyr Editorial: [email protected]
Zephyr Monthly M&A Activity ReportCapital Markets, February 2016
Page 11 © Zephyr
Capital markets up by value in February
The value of capital markets banking transactions increased in February, against a decline in volume. There were 19 deals worth a combined USD 2,604 million, compared to 23 deals worth USD 2,303 million in January 2016, while year-on-year volume and value declined (February 2015: 40 deals worth USD 5,240 million).
The increase month-on-month can be attributed to a single transaction as only one deal exceeded USD 1,000 million during the four weeks; February’s largest capital markets deal was worth USD 1,053 million and involved Indonesia’s Bank Permata selling a 64 per cent stake in a capital increase. This deal was worth double the number two deal which involved Switzerland’s EFG International raising USD 505 million in a rights issue.
February’s largest transaction had a significant impact on the countries table as Indonesia was the most valuable country in February, despite only being targeted in one deal. Switzerland followed with USD 560 million, with Portugal slightly behind with USD 327 million.
Capital markets banking deals by volume and value
Announced date No of deals Total deal value (mil USD)
Feb-16 19 2,604
Jan-16 23 2,303
Dec-15 50 13,978
Nov-15 53 23,417
Oct-15 36 12,518
Sep-15 45 11,513
Aug-15 49 12,190
Jul-15 43 11,999
Jun-15 46 8,758
May-15 40 9,896
Apr-15 61 10,941
Mar-15 44 16,478
Feb-15 40 5,240
Zephyr is a database of M&A, IPO, private equity and venture capital deals with links to detailed financial information on companies. For more information visit www.zephyrdealdata.com.
You are free to use any data or commentary from this report in your articles as long as the source is cited as “Zephyr published by BvD”
Contact +44 161 838 9554 Zephyr Editorial: [email protected]
Zephyr Monthly M&A Activity ReportCapital Markets, February 2016
Page 12 © Zephyr
Capital markets banking deals by volume and value
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Zephyr is a database of M&A, IPO, private equity and venture capital deals with links to detailed financial information on companies. For more information visit www.zephyrdealdata.com.
You are free to use any data or commentary from this report in your articles as long as the source is cited as “Zephyr published by BvD”
Contact +44 161 838 9554 Zephyr Editorial: [email protected]
Zephyr Monthly M&A Activity ReportCapital Markets, February 2016
Page 13 © Zephyr
Top 20 capital markets banking deals by value
Deal value (mil USD) Deal type Target Target
country Acquiror Acquiror country
Announced date
1. 1,053 Capital Increase 64% Bank Permata Tbk, PT ID 19/02/2016
2. 505 Capital Increase 33% EFG International AG CH 22/02/2016
3. 327 Capital Increase 24% Banco Santander Totta SA PT 29/02/2016
4. 310 Capital Increase Manulife Financial Corporation CA 16/02/2016
5. 218 Capital Increase 13% IDBI Bank Ltd IN Life Insurance Corporation of India Ltd IN 20/02/2016
6. 55 Capital Increase 14% acrevis Bank AG CH 25/02/2016
7. 31 Planned IPO on Baku Stock Exchange Rabitabank ASC AZ 15/02/2016
8. 24 Planned IPO 9% on Tokyo Stock Exchange
The First Bank of Toyama Ltd JP 12/02/2016
9. 20 Capital Increase The City Bank Ltd BD 09/02/2016
10. 18 Capital Increase 1% CYBG Plc GB 22/02/2016
11. 17 Capital Increase 5% The City Bank Ltd BD The International Finance Corporation II 09/02/2016
12. 12 Capital Increase 22% GrandSouth Bancorporation US Shareholders; Local investors; Institutional Investors
08/02/2016
13. 9 Capital Increase 25% ABC Banking Corporation Ltd MU 12/02/2016
14. 4 Capital Increase Kotak Mahindra Bank Ltd IN 25/02/2016
15. 3 Capital Increase Axis Bank Ltd IN 29/02/2016
16. n.a. Capital Increase 6% Hypo Alpe-Adria-Bank dd HR 02/02/2016
17. n.a. Capital Increase 10% Kommercheskii Bank Regionalno-Otraslevoi Spetsializirovannyi Avtopromyshlennyi Bank OOO
RU 02/02/2016
18. n.a. Capital Increase 44% Azarvausan Veunalkhalq Banki OAO AZ 12/02/2016
19. n.a. Planned IPO on Moscow Stock Exchange Bank Yugra PAO RU 16/02/2016
Zephyr is a database of M&A, IPO, private equity and venture capital deals with links to detailed financial information on companies. For more information visit www.zephyrdealdata.com.
You are free to use any data or commentary from this report in your articles as long as the source is cited as “Zephyr published by BvD”
Contact +44 161 838 9554 Zephyr Editorial: [email protected]
Zephyr Monthly M&A Activity ReportCapital Markets, February 2016
Page 14 © Zephyr
Target country by volume - Capital markets banking deals
Target sector Feb-15 Jan-16 Feb-16
India 10 1 3
Switzerland 0 0 2
Azerbaijan 0 0 2
Bangladesh 1 0 2
Russia 4 0 2
US 3 2 1
Mauritius 0 0 1
Japan 2 0 1
UK 2 1 1
Canada 1 2 1
Portugal 0 1 1
Indonesia 1 1 1
Croatia 2 1 1
Target country by value - Capital markets banking deals
Target sector Feb-15 (mil USD)
Jan-16 (mil USD)
Feb-16 (mil USD)
Indonesia 23 32 1,053
Switzerland 0 0 560
Portugal 0 134 327
Canada 197 764 310
India 611 5 225
Bangladesh 21 0 37
Azerbaijan 0 0 31
Japan 922 0 24
UK 770 70 18
US 149 322 12
Mauritius 0 0 9
Zephyr is a database of M&A, IPO, private equity and venture capital deals with links to detailed financial information on companies. For more information visit www.zephyrdealdata.com.
You are free to use any data or commentary from this report in your articles as long as the source is cited as “Zephyr published by BvD”
Contact +44 161 838 9554 Zephyr Editorial: [email protected]
Zephyr Monthly M&A Activity ReportCapital Markets, February 2016
Page 15 © Zephyr
Target region by volume - Capital markets banking deals
Target sector Feb-15 Jan-16 Feb-16
Far East and Central Asia 16 7 9
Western Europe 4 4 4
Eastern Europe 12 5 3
North America 4 4 2
Africa 3 1 1
Middle East 0 1 0
South and Central America 0 1 0
Oceania 1 0 0
Target region by value - Capital markets banking deals
Target sector Feb-15 (mil USD)
Jan-16 (mil USD)
Feb-16 (mil USD)
Far East and Central Asia 1,584 820 1,369
Western Europe 1,850 230 904
North America 346 1,086 322
Africa 37 20 9
South and Central America 0 20 0
Middle East 0 107 0
Eastern Europe 377 20 0
Oceania 1,046 0 0
Zephyr is a database of M&A, IPO, private equity and venture capital deals with links to detailed financial information on companies. For more information visit www.zephyrdealdata.com.
You are free to use any data or commentary from this report in your articles as long as the source is cited as “Zephyr published by BvD”
Contact +44 161 838 9554 Zephyr Editorial: [email protected]
Zephyr Monthly M&A Activity ReportFinancial Sponsors, February 2016
Page 16 © Zephyr
Financial sponsors keeps in line with overall trend
Following February’s overall pattern, banking deals involving financial sponsors declined on all fronts as 16 deals worth a combined USD 127 million were announced during the four weeks under review (January 2016: 18 deals worth USD 184 million; February 2015: 21 deals worth USD 238 million).
The decline can be attributed to the lack of high value transactions The largest announced deal during the month was Nextbank Capital raising just over USD 30 million in a round of funding, level with Country Bancshares which also raised USD 30 million in financing.
The US was the only country to receive investment during February accounting for the entire 16 deals worth a combined USD 127 million, representing a month-on-month increase by volume and value of 14 per cent and 11 per cent on 14 deals worth USD 114 million in January 2016.
Banking deals with financial sponsors by volume and value
Announced date No of deals Total deal value (mil USD)
Feb-16 16 127
Jan-16 18 184
Dec-15 19 2,471
Nov-15 18 509
Oct-15 20 161
Sep-15 19 105
Aug-15 16 151
Jul-15 25 219
Jun-15 26 385
May-15 17 70
Apr-15 18 166
Mar-15 23 348
Feb-15 21 238
Zephyr is a database of M&A, IPO, private equity and venture capital deals with links to detailed financial information on companies. For more information visit www.zephyrdealdata.com.
You are free to use any data or commentary from this report in your articles as long as the source is cited as “Zephyr published by BvD”
Contact +44 161 838 9554 Zephyr Editorial: [email protected]
Zephyr Monthly M&A Activity ReportFinancial Sponsors, February 2016
Page 17 © Zephyr
Banking deals with financial sponsors by volume and value
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Total deal value (mil EUR) Number of deals
Zephyr is a database of M&A, IPO, private equity and venture capital deals with links to detailed financial information on companies. For more information visit www.zephyrdealdata.com.
You are free to use any data or commentary from this report in your articles as long as the source is cited as “Zephyr published by BvD”
Contact +44 161 838 9554 Zephyr Editorial: [email protected]
Zephyr Monthly M&A Activity ReportFinancial Sponsors, February 2016
Page 18 © Zephyr
Banking deals with financial sponsors by value
Deal value (mil USD) Deal type Target Target
country Financial Sponsor Announced date
1. 30 Minority stake Nexbank Capital Inc. US 23/02/2016
2. 30 Minority stake County Bancshares Inc. US 29/02/2016
3. 15 Minority stake HGI KFB I LLC US 02/02/2016
4. 13 Minority stake Commerce Bancshares Inc. US 17/02/2016
5. 12 Minority stake Grandsouth Bancorporation US 10/02/2016
6. 7 Minority stake NPGC UBTI LLC US 10/02/2016
7. 6 Minority stake Miramar Financial Services Inc. US 18/02/2016
8. 5 Minority stake Riverland Bancorporation US 29/02/2016
9. 3 Minority stake Kiski Group Inc. US 23/02/2016
10. 3 Minority stake Atlantic Bancshares Inc. US 18/02/2016
11. 1 Minority stake Treasury Holdings LLC US 24/02/2016
12. 1 Minority stake Southern Illinois Bancorp Inc. US 04/02/2016
13. 1 Minority stake Payfully Corp US 12/02/2016
14. 0 Minority stake Buena Vista Bancorp Inc. US 18/02/2016
15. 0 Minority stake Westbon Inc. US 02/02/2016
16. 0 Minority stake MMLISI Financial Alliances LLC US 18/02/2016
Zephyr is a database of M&A, IPO, private equity and venture capital deals with links to detailed financial information on companies. For more information visit www.zephyrdealdata.com.
You are free to use any data or commentary from this report in your articles as long as the source is cited as “Zephyr published by BvD”
Contact +44 161 838 9554 Zephyr Editorial: [email protected]
Zephyr Monthly M&A Activity ReportFinancial Sponsors, February 2016
Page 19 © Zephyr
Target country by volume - Banking deals with financial sponsors
Target country Feb-15 Jan-16 Feb-16
US 16 14 16
Target country by value - Banking deals with financial sponsors
Target country Feb-15 (mil USD)
Jan-16 (mil USD)
Feb-16 (mil USD)
US 224 114 127
Zephyr is a database of M&A, IPO, private equity and venture capital deals with links to detailed financial information on companies. For more information visit www.zephyrdealdata.com.
You are free to use any data or commentary from this report in your articles as long as the source is cited as “Zephyr published by BvD”
Contact +44 161 838 9554 Zephyr Editorial: [email protected]
Zephyr Monthly M&A Activity ReportFinancial Sponsors, February 2016
Page 20 © Zephyr
Target region by volume - Banking deals with financial sponsors
Target country Feb-15 Jan-16 Feb-16
North America 17 14 16
Western Europe 2 1 0
Oceania 0 0 0
South and Central America 0 0 0
Eastern Europe 0 0 0
Africa 2 2 0
Middle East 0 0 0
Far East and Central Asia 0 1 0
Target region by value - Banking deals with financial sponsors
Target country Feb-15 (mil USD)
Jan-16 (mil USD)
Feb-16 (mil USD)
North America 224 114 127
Western Europe 13 5 0
Oceania 0 0 0
South and Central America 0 0 0
Eastern Europe 0 0 0
Africa 0 0 0
Middle East 0 0 0
Far East and Central Asia 0 65 0
Zephyr is a database of M&A, IPO, private equity and venture capital deals with links to detailed financial information on companies. For more information visit www.zephyrdealdata.com.
You are free to use any data or commentary from this report in your articles as long as the source is cited as “Zephyr published by BvD”
Contact +44 161 838 9554 Zephyr Editorial: [email protected]
Zephyr Monthly M&A Activity ReportBanking Deals, February 2016
Page 21 © Zephyr
Notes to editors
Activity is based on the activity of the target company under either Nace code 641 (Monetary intermediation) or a combination of Nace code 642 (Activities of holding companies) and keywords relating to banking and financial institutions
Deal status is announced within the time period
The date range is 01/02/2016 - 29/02/2016 inclusive
Strategic M&A transactions comprise Acquisitions, Joint Ventures, Mergers, Demergers and Minority Stakes and exclude Private Equity and Venture Capital transactions
Capital Markets transactions comprise Initial Public Offerings, Planned IPOs and Capital Increases
Financial Sponsors transactions comprise Acquisitions, Institutional Buy-Outs, Management Buy-Ins, Management Buy-Outs, Management Buy-In/Buy-Outs and Minority Stake transactions with Private Equity or Venture Capital involvement