Somers Overview

  • Status
  • Acquired/​Merged

  • Latest Deal Type
  • M&A

  • Financing Rounds
  • 3

  • Investments
  • 10

Somers General Information

Description

Somers Ltd is an investment holding company. The company focuses on investing in banking, asset financing, and wealth management sectors.

Contact Information

Website
www.somers.limited
Formerly Known As
Bermuda National
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Corporate Backed or Acquired
Corporate Office
  • Clarendon House, 2 Church Street
  • Hamilton, HM 11
  • Bermuda
+1 (441)
Primary Industry
Holding Companies
Other Industries
Asset Management
Parent Company
SNB Investments
Former Stock Listing
SOM.BH
Corporate Office
  • Clarendon House, 2 Church Street
  • Hamilton, HM 11
  • Bermuda
+1 (441)

Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Somers Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

This information is available in the PitchBook Platform. To explore Somers‘s full profile, request access.

Request a free trial

Somers Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

This information is available in the PitchBook Platform. To explore Somers‘s full profile, request access.

Request a free trial

Somers Investments & Acquisitions (10)

Somers’s most recent deal was a Merger/Acquisition with Thorn Group for . The deal was made on 11-Dec-2023.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Thorn Group 11-Dec-2023 Merger/Acquisition Consumer Finance
MoneyMe 01-May-2023 PIPE Financial Software
Aura Group 12-May-2021 Later Stage VC Asset Management
Thorn Group 01-Jan-2021 PIPE Consumer Finance
ICM Mobility Group 17-Nov-2020 Platform Creation Private Equity
You’re viewing 5 of 10 investments and acquisitions. Get the full list »

Somers Exits (4)

Somers’s most recent exit was on 30-Jun-2018 from PCF Bank. The exit was categorized as .

Company Name Exit Date Exit Type Exit Size Status Buyers
PCF Bank 30-Jun-2018 Completed
Stockdale Securities 14-Jan-2014 Completed
Waverton Investment Management 05-Aug-2013 Completed
Stockdale Securities 01-Aug-2010 Merger/Acquisition Completed
To view Somers’s complete exits history, request access »

Somers Affiliates

Subsidiaries (1)

Name Industry Location Year Founded
Thorn Group Sydney, Australia 1937

Somers FAQs

  • Where is Somers headquartered?

    Somers is headquartered in Hamilton, Bermuda.

  • What industry is Somers in?

    Somers’s primary industry is Holding Companies.

  • Is Somers a private or public company?

    Somers is a Private company.

  • What is Somers’s current revenue?

    The current revenue for Somers is .

  • Who are Somers’s investors?

    Permanent Investments has invested in Somers.

  • When was Somers acquired?

    Somers was acquired on 26-Jul-2022.

  • Who acquired Somers?

    Somers was acquired by SNB Investments.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read blog »

  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process »