Home > M&A deals 2009 > Texas Capital BancShares Inc. acquires Budget Installment Corp.
Divestiture · Financial Services · November 2009

Texas Capital BancShares Inc. acquires Budget Installment Corp.

On November 2, 2009, Texas Capital BancShares Inc. acquired Budget Installment Corp., a financial services company in New York, United States, from Webster Financial Corp.

Deal at a glance

AnnouncedNovember 2, 2009 TypeDivestiture TargetBudget Installment Corp. Buyer Texas Capital BancShares Inc. Seller Webster Financial Corp. SectorFinancial Services LocationNew York, United States ValueNot disclosed

Target company

Budget Installment Corp.
New York, United States
Financial Servicessector
-founded
Activestatus
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Buyer

Texas Capital BancShares Inc.
Company · 1 deal on record
  • 1st transaction in financial services
  • 1st transaction in United States
1deals, all time
1in this sector
2009latest

Seller

Webster Financial Corp.
Company · 2 deals on record
2investments
2in this sector
1exits

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Questions about this deal

Who acquired Budget Installment Corp.?Texas Capital BancShares Inc. acquired Budget Installment Corp. on November 2, 2009.

Who sold Budget Installment Corp.?Webster Financial Corp. was the seller.

What type of deal was it?It was a divestiture in the financial services sector in 2009.

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