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List of Newtek's Acquisitions

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Newtek has made a total of 4 acquisitions. The firm has expanded into United States across 3 sectors: Payments, Enterprise Resource Planning, and Banks. It recorded 1 acquisition in each of its peak years: 2016, 2019, and 2021. The average number of acquisitions per year from 2020–2025 is 0.2, with 0 acquisitions completed in the current calendar year. Its most recent acquisition, finalized in August 2021, was National Bank of New York City, a Flushing-based provider of business-first banking solutions, lending, and financial tools founded in 1963.

Here's the year on year acquisition history of Newtek:

Year on year acquisition history of Newtek20212019Acquisitions Round Date (Yearly)012
  • Number of Total Acquisitions
Year
# Acquisitions
2021
1
2019
1
2016
1
2015
1

Recent acquisitions by Newtek

Newtek's most recent acquisition - National Bank of New York City is a Business-first banking solutions, lending, and financial tools for business growth, founded in 1963 and located in Flushing. Newtek acquired a 100% stake in it in August 2021 for a price of $*****.

Here is the list of all acquisitions by Newtek sorted by the latest acquisition date:

Acquired on
Acquired Company
Acquisition Price
Facilitators
Stake Acquired
Acquisition Multiple
Aug 02, 2021
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36
607
Nov 20, 2019
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64
373
Jun 29, 2016
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70
568

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FAQs about Acquisitions by Newtek

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