Home > M&A deals 2003 > Citizens Financial Group, Inc. acquires Port Financial Corp.
Add-on Acquistion · Financial Services · July 2003

Citizens Financial Group, Inc. acquires Port Financial Corp.

On July 31, 2003, Citizens Financial Group, Inc. acquired Port Financial Corp., a financial services company in Massachusetts, United States.

Deal at a glance

AnnouncedJuly 31, 2003 TypeAdd-on Acquistion TargetPort Financial Corp. Buyer Citizens Financial Group, Inc. SectorFinancial Services LocationMassachusetts, United States ValueMembers only

Target company

Port Financial Corp.
Massachusetts, United States
Financial Servicessector
-founded
Activestatus
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Buyer

Citizens Financial Group, Inc.
Company · 12 deals on record
  • 7th transaction in financial services
  • 7th transaction in United States
12deals, all time
10in this sector
2021latest

Members only

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Co-investors and the other advisors on this deal
Deal value and revenue or EBITDA multiples

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Questions about this deal

Who acquired Port Financial Corp.?Citizens Financial Group, Inc. acquired Port Financial Corp. on July 31, 2003.

What type of deal was it?It was a add-on acquistion in the financial services sector in 2003.

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