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New Deal


Announced

Completed

Citizens Financial Group completed the acquisition of DH Capital.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Single Bidder

Investment Banking

Domestic

Majority

Private

Friendly

investment banking firm

Acquisition

Completed

Synopsis

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Citizens Financial Group, an American bank headquartered in Providence, Rhode Island, completed the acquisition of DH Capital, a private investment banking firm serving companies in the Internet infrastructure, software and next generation IT services, and communications sectors. Financial terms were not disclosed. "Clients view Citizens as a trusted strategic and financial partner committed to delivering complete solutions, quality execution and excellent service throughout their business life cycle. The DH Capital team brings us deep expertise in the digital infrastructure sector, a key and ongoing area of opportunity in today’s highly dynamic commercial market," Donald McCree, Citizens Vice Chairman and Head of Commercial Banking.

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