Total financial services industry M&A deals in December 2020 worth $22.49bn were announced in the US, according to GlobalData’s deals database.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

The value marked an increase of 5979.2% over the previous month and a rise of 285.8% when compared with the last 12-month average of $5.83bn.

The US held a 79.4% share of the global financial services industry M&A deal value that totalled $28.34bn in December 2020.

In terms of deal activity, the US recorded 117 deals during December 2020, marking an increase of 46.3% over the previous month and a rise of 58.1% over the 12-month average.

GlobalData Strategic Intelligence

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 GlobalData

The US financial services industry M&A deals in December 2020: Top deals

The top five financial services industry M&A deals accounted for 95.5% of the overall value during December 2020.

The combined value of the top five financial services M&A deals stood at $21.47bn, against the overall value of $22.49bn recorded for the month.

The top five financial services industry deals of December 2020 tracked by GlobalData were:

1) The $9bn merger of Foley Trasimene AcquisitionII and Paysafe Group

2) The $6bn merger of TCF Financial and Huntington Bancshares by

3) Farmers Exchanges and Farmers Group’s $3.94bn acquisition of MetLife Auto & Home Insurance Agency

4) The $1.7bn acquisition of Waddell & Reed Financial by Macquarie Asset Management Holding

5) The merger of Cognical and FinServ Acquisition for $833m.

Verdict deals analysis methodology

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm. The term ‘acquisition’ refers to both completed deals and those in the bidding stage.

GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.

More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.