Nutmeg State Financial Credit Union Divests DaLand CUSO (Advised by Capstone)
April 2, 2025
Nutmeg State Financial Credit Union completed a strategic divestment of its DaLand Credit Union Service Organization (CUSO) subsidiary, with Capstone Strategic advising on the transaction. The divestment was executed to monetize Nutmeg's investment and reallocate capital toward core business priorities; the buyer was not disclosed in the announcement.
- Targets
- DaLand (DaLand CUSO / DaLand LLC)
- Sellers
- Nutmeg State Financial Credit Union
- Industry
- Financial Services
- Location
- Connecticut, United States
- Transaction Type
- Divestiture
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