About This Deal

JPMorgan Chase & Co acquired Collegiate Funding Services for $663 million, a transaction completed in March 2006, structured as Acquisition.

Collegiate Funding Services operates in Retail Financial Services, is based in United States. Collegiate Funding Services was a leader in student loan servicing and consolidation. JPMorgan Chase acquired the company on March 1, 2006 for approximately $663 million. The acquisition expanded JPMorgan's education finance business within its retail banking operations.

Grow JPMorgan's education finance and student lending business.

Deal Terms

Acquirer
JPMorgan Chase & Co
Target
Collegiate Funding Services
Value
$663 million
Date
March 2006
Type
Acquisition
Status
Official-source — no SEC filing

Transaction Details

Target HQ
United States
Segment
Retail Financial Services
Structure
Acquisition
Closed
March 1, 2006

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: SEC filing ↗

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