Capital One Financial Acquires Discover Financial Services

Capital One Financial to Acquire Brex for $5.15 Billion

January 22, 2026

Cloud & SaaS

Capital One Financial Corporation entered into a definitive agreement to acquire Brex in a stock-and-cash transaction valued at $5.15 billion. The deal is expected to close in the middle of calendar year 2026, subject to customary closing conditions, and Brex founder and CEO Pedro Franceschi will continue to lead Brex post-close.

Capital Bancorp Acquires Integrated Financial Holdings in $66 Million Deal

March 29, 2024

Financial Services

Capital Bancorp will acquire Integrated Financial Holdings in a cash-and-stock merger agreement valued at $66 million. The deal is expected to expand Capital Bancorp’s nationwide government-guaranteed lending capabilities across USDA and SBA programs.

First Financial Bancorp to Acquire BankFinancial Corporation

January 1, 2026

Financial Services

First Financial Bancorp agreed to acquire Chicago-based BankFinancial Corporation in an all-stock transaction valued at approximately $142 million. The deal is intended to expand First Financial’s presence in the Chicago market, adding 18 financial centers and BankFinancial’s consumer, trust/wealth management, and selected commercial lending capabilities.

Capital One Financial Acquires TripleTree, LLC

October 16, 2021

Financial Services

Capital One Financial Corp. entered into a definitive agreement to buy TripleTree, LLC, an investment banking advisory platform focused on healthcare companies headquartered in Minneapolis with offices in New York. TripleTree will join Capital One Commercial Bank’s Capital Markets group and operate as a wholly-owned subsidiary under the TripleTree brand, with the deal expected to close in Q4 2021 subject to customary conditions.

Carlyle and KKR Acquire Approximately $10.1 Billion Prime Student Loan Portfolio from Discover Financial Services

July 17, 2024

Financial Services

Global investment firms Carlyle and KKR have agreed to purchase an approximately $10.1 billion portfolio of prime student loans from Discover Financial Services. Carlyle's Monogram LLC will serve as portfolio manager and Firstmark Services (a Nelnet subsidiary) will service the loans; the transaction is expected to close by the end of 2024, subject to customary closing conditions.

Citizens Financial Group Acquires DH Capital LLC

June 8, 2022

Financial Services

Citizens Financial Group, Inc. has completed its acquisition of DH Capital LLC, a private investment banking firm focused on internet infrastructure, software, next-generation IT services and communications. The deal brings DH Capital's M&A and advisory capabilities into Citizens' corporate and investment banking platform.