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KeyBank National acquires Laurel Road’s digital lending business

  • Region:

    United States of America

  • Sector:

    Banks

  • Deal Size:

  • Buy Side Company:

    KeyBank National Association
  • Sell Side Company:

    Laurel Road Bank
  • Target Company:

US-based consumer banking products and services provider, KeyBank National Association, has announced its acquisition of Laurel Road Bank's digital lending business. Financial terms of the transaction were not announced. Based in Darien, Connecticut, Laurel Road Bank is a provider of online lending and banking products and services. KeyCorp was advised by Debevoise & Plimpton LLP and RBC Capital Markets and Fried Frank advised Laurel Road Bank on the transaction.

Tags:

Mergers and Acquisitions,M&A,M&A deals