“Capital One has entered into an agreement to acquire KippsDeSanto & Co. a leading investment banking firm focused on serving growth-oriented aerospace/defense, government services and technology companies. Based in Tysons Corner, Va. in the Washington, DC region, KippsDeSanto has a national practice specializing in merger and acquisition advisory services. “
“Following the acquisition, KippsDeSanto will become a wholly-owned subsidiary of Capital One, and continue to operate under the KippsDeSanto brand…”
“All of KippsDeSanto’s 30 professionals are excited to support Capital One’s thrust into middle market M&A,” said Bob Kipps, Co-Founder and Managing Director of KippsDeSanto. “With Capital One, a top 10 U.S. Commercial Bank, we found an innovative, technology savvy financial institution with a similar culture and business values. Moreover, we see enormous synergy and growth potential with their capital markets products, expanded private equity and corporate relationships and industry knowledge in aerospace and defense and other key verticals…” Read the full press release here.
Source: Capital One Signs Agreement to Acquire KippsDeSanto & Co. – August 2019. Capital One.
