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New Deal


Announced

Completed

Webster Financial completed the acquisition of Ametros Financial from Long Ridge Equity.

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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Private

Friendly

medical insurance

United States

Majority

Single Bidder

Insurance Brokers

Acquisition

Domestic

Private Equity

Completed

Synopsis

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Webster Financial, a commercial bank, completed the acquisition of Ametros Financial, a custodian and administrator of medical funds from insurance claim settlements, from Long Ridge Equity, an investment firm. Financial terms were not disclosed. “This acquisition closely aligns with our strategic focus on building a diverse and unique funding base. Ametros’ market position and value proposition for its clients and partners underpin a robust growth trajectory for this highly complementary business. Ametros builds on Webster’s history of developing non-traditional deposit verticals with a favorable financial profile, including HSA Bank and interLINK," John Ciulla, Webster Financial President and CEO.

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