On the Record · Synovus Financial
Synovus Financial acquisitions, on the record
The businesses Synovus Financial bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
QualpayWord for word“Under the terms of the agreement, Synovus acquired a controlling interest in Qualpay in exchange for $ 7.0 million in cash and the settlement of Qualpay's debt to Synovus of $ 31.1 million.” 10-K for 2023 | acquisition | — | $ 7.0 million in cash and the settlement of Qualpay's debt to Synovus of $ 31.1 million |
GLOBALTWord for word“On September 30, 2023, Synovus further simplified its business mix and sold its asset management firm GLOBALT to its management team and recorded a $1.9 million gain, which included an earnout receivable valued at $1.8 million.” 10-K for 2023 | divestiture | September 30, 2023 | — |
GLOBALT asset management firmWord for word“During the third quarter of 2023, Synovus sold its GLOBALT asset management firm to its management team.” 10-K for 2024 | divestiture | third quarter of 2023 | — |
| Fiscal year ended | Goodwill from acquisitions |
|---|---|
| 2016-12-31 | $35.2 million |
| 2019-12-31 | $440 million |
| 2023-12-31 | $30.5 million |
Deal filings since 2016
- 2026-01-02 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2025-12-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-07-25 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-11-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-02-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-08-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-10-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-02-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-06-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-02-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-02-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-01-02 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2018-07-25 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-06-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-10-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-04-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-04-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Synovus Financial’s annual reports (10-K for 2024, 10-K for 2023, 10-K for 2022) and the financial data it files with the SEC, as of 2025-02-21. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.