Houlihan Lokey Advises Regions Financial Corp. in Its Acquisition of Clearsight Advisors
Houlihan Lokey is pleased to announce that Regions Financial Corp. (Regions) (NYSE:RF) has acquired Clearsight Advisors, Inc. (Clearsight). The transaction closed on December 31, 2021.
With $156 billion in assets, Regions is a member of the S&P 500 Index and is one of the nation’s largest full-service providers of consumer and commercial banking, wealth management, and mortgage products and services. Regions plans to incorporate Clearsight into Regions Bank’s growing Capital Markets division. The acquisition represents another avenue for the bank to broaden its specialty capabilities for existing technology sector clients while reaching new clients that can leverage Regions Bank’s experience and resources to help them reach their financial objectives. Further, the acquisition is the latest example of Regions building additional revenue diversification by delivering more high-value, fee-based financial services and originations.
Based in McLean, Virginia, Clearsight delivers independent M&A and financial advisory services to entrepreneurs, companies, and institutional investors that are active in the high-growth global knowledge economy. Examples include businesses providing software and cloud services, digital transformation services, technology-oriented management consulting, high-end information technology services, data services, and more. Clearsight follows a research-driven, thematic approach toward building relationships across the sectors served by the company, enabling it to deliver a deep understanding of market trends and compelling business strategies.
Houlihan Lokey served as the exclusive financial advisor to Regions, adding to its industry-leading deal count in the space.
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