Total financial services industry M&A deals worth $1.1bn were announced in the US in June 2021, with Allstate’s $300m acquisition of SafeAuto Insurance being the sector’s biggest investment, according to GlobalData’s deals database.
Go deeper with GlobalData
- Embed this chart
Embed this chart into your website
Copy and paste the image source into your website to display the chart.
The value marked a decrease of 46.3% over the previous month of $2.03bn and a drop of 70.5% when compared with the last 12-month average of $3.7bn.
The US held a 15.55% share of the global financial services industry M&A deal value that totalled $7.01bn in June 2021.
In terms of M&A deal activity, the US recorded 67 deals during June 2021, marking a decrease of 2.90% over the previous month and a drop of 1.47% over the 12-month average.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataUS financial services industry M&A deals in June 2021: Top deals
The top five financial services industry M&A deals accounted for 84.7% of the overall value during June 2021.
The combined value of the top five financial services M&A deals stood at $921.6m, against the overall value of $1.1bn recorded for the month.
The top five financial services industry M&A deals of June 2021 tracked by GlobalData were:
1) Allstate’s $300m acquisition of SafeAuto Insurance
2) The $219m acquisition of County Bancorp by Nicolet National Bank
3) Simmons First National’ $146.3m acquisition of Landmark Community Bank.
4) The $131.6m acquisition of Triumph Bancshares by Simmons First National
5) Mid Penn Bancorp’s acquisition of Riverview Financial for $124.7m.
