Predict your next investment

Bank
FINANCE | Investment Banking

See what CB Insights has to offer

Investments

2

Portfolio Exits

1

About The PrivateBank and Trust Company

The PrivateBank and Trust Company provides banking services. It offers personal banking services.

The PrivateBank and Trust Company Headquarter Location

Chicago, Illinois,

United States

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest The PrivateBank and Trust Company News

CIBC brand extended across North America

Sep 18, 2017

English The PrivateBank takes CIBC name following June acquisition TORONTO and CHICAGO, Sept. 18, 2017 /CNW/ - CIBC (TSX: CM) (NYSE: CM ) announced today it will deliver its strong, innovative, relationship-oriented banking under a unified brand globally, as The PrivateBank now takes the name CIBC. "The same team our clients have trusted at The PrivateBank is now backed by one of the strongest banks in North America with 150 years of providing exceptional client service," said Victor Dodig, President and CEO, CIBC. "As we build our North American platform, coming together under the CIBC brand sends a clear message that our clients on both sides of the border have even greater opportunities to help them reach their financial goals." The PrivateBank's 36 branch locations and commercial banking business development offices now have the CIBC name. The PrivateBank and Trust Company will now conduct business as CIBC Bank USA, an indirectly, wholly owned subsidiary of CIBC. Additionally, The PrivateBank Theatre is now the CIBC Theatre and The PrivateBank Fire Pitch is now the CIBC Fire Pitch. "The PrivateBank team is excited to join our CIBC colleagues under a name that is known for client-first focus and a commitment to building strong, vibrant communities," said Larry D. Richman, Senior Executive Vice-President and Group Head, CIBC U.S. Region, and President and CEO, CIBC Bank USA. . "As one CIBC, we will deliver more opportunities to our clients with the power of one of North America's strongest banks behind us." CIBC completed its acquisition of The PrivateBank's former parent company in June 2017. Today, CIBC has nearly 50 U.S. offices in 18 states and provides commercial banking, corporate banking, private wealth management and community banking services. CIBC Capital Markets also provides global markets products and services, investment banking and corporate banking capabilities in the U.S. About CIBC CIBC is a leading Canadian-based global financial institution with 11 million personal banking, business, public sector and institutional clients. Across Personal and Small Business Banking, Commercial Banking and Wealth Management, and Capital Markets businesses, CIBC offers a full range of advice, solutions and services through its leading digital banking network, and locations across Canada, in the United States and around the world. Ongoing news releases and more information about CIBC can be found at  www.cibc.com/ca/media-centre . SOURCE CIBC For further information: Media: Caroline Van Hasselt, Communications & Public Affairs, 416-784-6699 and caroline.vanhasselt@cibc.com or Amy Yuhn, U.S. Marketing & Communications, 312-564-1378 and amy.yuhn@cibc.com RELATED LINKS

The PrivateBank and Trust Company Investments

2 Investments

The PrivateBank and Trust Company has made 2 investments. Their latest investment was in Spectralink as part of their Recap on June 6, 2016.

CBI Logo

The PrivateBank and Trust Company Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

6/1/2016

Recap

Spectralink

Yes

1

9/6/2011

Growth Equity

Subscribe to see more

$99M

Subscribe to see more

10

Date

6/1/2016

9/6/2011

Round

Recap

Growth Equity

Company

Spectralink

Subscribe to see more

Amount

$99M

New?

Yes

Subscribe to see more

Co-Investors

Sources

1

10

The PrivateBank and Trust Company Portfolio Exits

1 Portfolio Exit

The PrivateBank and Trust Company has 1 portfolio exit. Their latest portfolio exit was InMoment on May 15, 2019.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

5/15/2019

Acq - Fin

2

Date

5/15/2019

Exit

Acq - Fin

Companies

Valuation

Acquirer

Sources

2

The PrivateBank and Trust Company Team

2 Team Members

The PrivateBank and Trust Company has 2 team members, including former Managing Director, Mark Schmidtlein.

Name

Work History

Title

Status

Mark Schmidtlein

Managing Director

Former

John Paul Sweeney

Managing Director

Former

Name

Mark Schmidtlein

John Paul Sweeney

Work History

Title

Managing Director

Managing Director

Status

Former

Former

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.