KippsDeSanto & Co. Acquired By Capital One
KippsDeSanto & Co. has been acquired by Capital One.
KippsDeSanto is a wholly-owned subsidiary of Capital One and will continue to operate under the KippsDeSanto brand. Our 30 professionals are excited to support Capital One’s thrust into middle market M&A. Joining Capital One is a natural next step in the KippsDeSanto growth plan. Beyond the M&A advice we currently offer, our clients will now have access to additional solutions offered by Capital One.
“Capital One and KippsDeSanto have a shared goal of providing clients with trusted advice and counsel enabled by deep industry expertise and a seamless client experience,” said Steve Tulip, Head of Capital Markets, Capital One Commercial Banking. “By bringing our teams together, we’ll be able to add scale and expertise to our growing M&A advisory group which will benefit clients in a wide variety of industries.”
With Capital One, a top 10 U.S. Commercial Bank, we found an innovative, technology savvy financial institution with a similar culture and business values. Moreover, we see enormous synergy and growth potential with their capital markets products, expanded private equity and corporate relationships and industry knowledge in aerospace and defense and other key verticals.
The acquisition is expected to close late in the third quarter of 2019.
About KippsDeSanto & Co.
KippsDeSanto & Co. is a leading investment banking firm focused on serving leading, growth-oriented aerospace/defense, government services and technology companies. We are focused on delivering exceptional M&A and financing transaction results to our clients via leveraging our scale, creativity and industry experience. We help market leaders realize their full strategic value. Having advised on over 100 industry transactions, KippsDeSanto is recognized for our analytical rigor, market insight and broad industry relationships. There’s no substitute for experience. For more information, visit www.kippsdesanto.com.
About Capital One
Capital One Financial Corporation (www.capitalone.com) is a financial holding company whose subsidiaries, which include Capital One, N.A., and Capital One Bank (USA), N.A., had $254.5 billion in deposits and $373.6 billion in total assets as of June 30, 2019. Headquartered in McLean, Virginia, Capital One offers a broad spectrum of financial products and services to consumers, small businesses and commercial clients through a variety of channels. Capital One, N.A. has branches located primarily in New York, Louisiana, Texas, Maryland, Virginia,