CIT Group

Company

Investment-firm

Last deal

$27.2M

Amount

Post-IPO Debt

Stage

17.09.2019

Date

2

all rounds

$52.2M

Total amount

Financing round

General

About Company
CIT Group is a financial holding company providing financing and leasing services.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.1908

Number of employees

Company Type

For Profit

Last funding type

Post-IPO Debt

IPO status

Private

Description

With over $35 billion in financing and leasing assets, CIT Group is a leading financial holding company headquartered in New York City. It offers financing, leasing, and advisory services across more than 30 industries, including middle market lending, factoring, retail and equipment finance, as well as aerospace, equipment, and rail leasing. CIT also operates CIT Bank, its primary bank subsidiary, which offers various savings options through its online bank, BankOnCIT.com. As a division of First Citizens Bank, one of the top 20 US financial institutions, CIT Group benefits from the strength, stability, and long-term thinking of America's largest family-controlled bank.
Contacts

Contact Email

Phone number

Social url

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M&A Details
1

Acquired by

First Citizens Bank

announced date

16.10.2020

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Financials

Funding Rounds
2
2

Number of Funding Rounds

$52.2M

Money Raised

Their latest funding was raised on 17.09.2019. Their latest round Post-IPO Debt

Date 
Funding Round 
Investors 
Money Raised 
Lead 
17.09.2019
$27.2M
23.05.2018
$25M
Investments
66
Date 
name 
Lead 
type 
Raised 
14.09.2023
Yes
$29M
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Yes
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Co-Investors
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Acquisition Name 
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Acquisition
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People

Founders
1

Henry Ittleson

organization founded

1

Henry Ittleson

Employee Profiles
772

Jinqiuzi Yun

Avp, finance, sox and fdicia

Hafsteinn Gislason

Director, enterprise operational risk

Bertie Pujji

Director, team leader - cit

Stefanie Ash

Senior vice president and chief privacy officer

James Spencer

Vice president, events

Tom Fingleton

Managing director, northeast regional manager

Alex Kigel

Vice president

Shanila Ahmed

Bmc control m -avp

Activity

Recent News
0