Bank Leumi USA

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Bank Leumi USA - overview

Established

1954

Location

New York, NY, US

Primary Industry

Financial Services

About

Founded in 1954 and based in New York, US, Bank Leumi USA operates as a provider of commercial and private banking solutions and services such as consumer loans, treasury solutions, and cash management options. Avner Mendelson is the CEO of the company. In May 2018, a consortium led by Endicott Management Company, along with MSD Capital, acquired a 15% minority stake in Bank Leumi USA from Bank Leumi for USD 141 million, and in September 2021, Valley National Bancorp will acquire Bank Leumi USA. Leumi offers a complete range of commercial and private banking solutions for businesses and individuals.


The company is FDIC-insured and offers investment and insurance products through its brokerage subsidiary. The firm's commercial banking products and solutions include cash management, trade finance, foreign exchange, treasury solutions, and lending. The company also provides global services, such as overseas banking subsidiaries, custody services, and international money transfers. It offers access to online banking and mobile services.


Primary Industry

Financial Services

Sub Industries

Commercial Banks

Website

www.leumiusa.com

Verticals

FinTech, FinTech

Company Stage

Acquired

Total Amount Raised

Subscriber access only

Bank Leumi USA - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedBank Leumi USA-
BuyoutCompletedBank Leumi USA-

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