South Dakota Trust Company LLC
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South Dakota Trust Company LLC - overview
Established
2002
Location
Sioux Falls, SD, US
Primary Industry
Financial Services
About
Based in South Dakota, US, and founded in 2002 by co-founders Al W. King III and Pierce H. McDowell III, South Dakota Trust Company LLC also known as SDTC, operates as a national boutique trust company specializing in providing trust administration and services. In September 2025, MEMIC agreed to acquire South Dakota Trust Company LLC.
The transaction was completed in January 2026. South Dakota Trust Company LLC provides comprehensive trust administration services including accounting services, management of trust assets, online access to their trust account data, and estate planning solutions. The company also handles a wide range of non-financial assets, both onshore and offshore, and assists clients in safeguarding their assets and shielding them from potential risks and legal liabilities. The company specializes in various types of trust administration such as directed trusts, delegated trusts, and special purpose entities.
Current Investors
MEMIC
Primary Industry
Financial Services
Sub Industries
Consumer Finance, Investment Banking, Insurance
Website
www.sdtrustco.com
Verticals
FinTech
Total Amount Raised
Subscriber access only
South Dakota Trust Company LLC - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LP Direct | Completed | South Dakota Trust Company LLC | - |
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South Dakota Trust Company LLC - employee data
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