R&T Deposit Solutions Announces Strategic Investment From Gtcr And Appointment Of Susan Cosgrove As Executive Chairperson
Round Type
Corporate Round
New YorkFinancial ServicesFinanceFintechLendingBankingInvestors
Description
R&T Deposit Solutions ("R&T" or the "Company"), a leading provider of tech-enabled liquidity management, deposit funding, and securities-based lending programs, announced today that it has received a significant investment from GTCR, a leading private equity firm. Following the investment, GTCR owns 50% of R&T with the remaining 50% retained by existing shareholders, which include Estancia Capital Partners ("Estancia") and R&T's founding team and employees. In conjunction with the investment, Susan Cosgrove will join R&T as Executive Chairperson. Susan will work closely with CEO Joe Jerkovich and other members of management.
Quick answer
R&T Deposit Solutions raised an undisclosed amount in a Corporate Round round, dated September 7, 2023. Investors: Susan Cosgrove, Estancia Capital Partners and Gtcr. R&T Deposit Solutions is based in New York, New York, United States.
- How much did R&T Deposit Solutions raise?
- R&T Deposit Solutions raised an undisclosed amount in a Corporate Round round on September 7, 2023.
- Who invested in R&T Deposit Solutions?
- Susan Cosgrove, Estancia Capital Partners and Gtcr are named as investors in this round.
- What does R&T Deposit Solutions do?
- R&T Deposit Solutions, founded in 1974, delivers deposit and liquidity solutions to financial intermediaries across the United States.
- Where is R&T Deposit Solutions based and how big is it?
- R&T Deposit Solutions is based in New York, New York, United States. Fundz records about 78 employees.
- Who are the decision-makers at R&T Deposit Solutions?
- Fundz holds 1 contact at R&T Deposit Solutions. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Finance around the same time
Companies in the same sectors as R&T Deposit Solutions that raised within 45 days of this round, from Fundz verified event records.
- Clip Money raised an undisclosed amount (Corporate Round) on September 22, 2023.
- Clip Money raised an undisclosed amount on September 12, 2023.
- Tradeteq raised $13M (Funding Round) on September 8, 2023.
- Mercury Financial raised $200M (Funding Round) on July 26, 2023.
- Untangled Finance raised $14M (Funding Round) on October 11, 2023.
- ZSuite Technologies, Inc. raised $3.2M (Series A) on October 11, 2023.
Who to call at R&T Deposit Solutions, and when
A new round usually means R&T Deposit Solutions is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day R&T Deposit Solutions raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at R&T Deposit Solutions, from your own LinkedIn network
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