Beneficial Mutual Bancorp, Inc.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Beneficial Mutual Bancorp, Inc. - overview
Location
Philadelphia, PA, US
Primary Industry
Financial Services
About
Beneficial Mutual Bancorp, Inc. is a financial institution providing a variety of banking services, investment solutions, and wealth management tools tailored for both individual and institutional clients. Beneficial Mutual Bancorp, Inc. is headquartered in Philadelphia, US, and offers banking and financial services.
The firm has undergone changes in its operational strategies over the years, reflecting adaptations to market demands. As of December 1, 2013, Patriot Financial Partners invested in the company, enhancing its capital base. The specifics of any past mergers or additional subsidiaries are not documented. Beneficial Mutual Bancorp, Inc.
specializes in a diverse range of financial services and products aimed at enhancing the economic well-being of its clients. Key offerings include investment solutions, financial advisory services, and wealth management tools designed for both individual and institutional clients, addressing needs like long-term financial planning and risk management. The company’s services cater to high-net-worth individuals, small to medium-sized enterprises, and corporate clients across North America and select European markets. In the most recent fiscal year of 2013, Beneficial Mutual Bancorp, Inc.
reported a revenue of USD 148. 86 mn and an EBITDA of USD 35. 07 mn. The firm's revenue generation is primarily driven by subscription-based services and advisory fees, fostering sustainable income through direct client engagements, such as wealth management and financial consultations.
Beneficial Mutual Bancorp, Inc. aims to leverage the investment from Patriot Financial Partners to enhance its service offerings and expand its market reach. The company is reportedly developing new financial products aimed at improving client engagement and satisfaction. Additionally, expansion plans target new geographic regions, though specific markets have not been disclosed.
This strategic focus is underpinned by the recent funding obtained in December 2013, which is expected to bolster these growth initiatives.
Current Investors
Patriot Financial Partners
Primary Industry
Financial Services
Sub Industries
Commercial Banks
Website
www.thebeneficial.com
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Beneficial Mutual Bancorp, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PIPE | Completed | Beneficial Mutual Bancorp, Inc. | - |
Displaying 1 - 1 of 1
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.