Everbank
Everbank, now TIAA Bank, is a Jacksonville, Florida based diversified financial services company providing banking, mortgage, and investing services to commercial entities and consumers. At the time of its sale to TIAA in 2017, EverBank had over $25 billion in assets and was a leading online depository institution.
Date of Investment:
July 2008
Exit Date:
November 2016
Exit Type:
Strategic Sale to TIAA
Sageview Contact(s):
Sageview Value-Add
-
Operations
- Led efforts to improve returns via focus on business-unit economics and peer benchmarking
-
Human Resources
- Served as Lead Board Director and head of the Compensation Committee
-
M&A
- Helped to evaluate and execute on several accretive acquisitions, including making introduction to largest acquisition completed
-
Capital Markets
- Advised company through multiple capital raises and IPO in 2012