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Announced

Completed

Regions Financial completed the acquisition of Clearsight Advisors.

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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Acquisition

Majority

Single Bidder

Domestic

Completed

United States

Friendly

investment banking

Private

Asset Managers and Custodians

Synopsis

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Regions Financial, a bank holding company, completed the acquisition of Clearsight Advisors, an independent investment banking firm. Financial terms were not disclosed. "By welcoming the experience and insights of Clearsight and its exceptional team, Regions Bank is further positioned to build on the holistic, consultative approach to service that we deliver to clients seeking to build on their growth and advance their business strategies. In addition to complementing and enhancing the advisory services delivered by Regions Capital Markets, Clearsight is a tremendous cultural fit for Regions. We share Clearsight’s innovative, client-driven focus on meeting complex financial needs through deep market knowledge, strong collaboration with our business partners, and a clear emphasis on providing an optimal client experience," Joel Stephens, Regions Bank Head of Capital Markets.

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