Webster Bank

Webster Financial Corporation serves as the holding company for Webster Bank, which provides a comprehensive array of banking, investment, and financial services to individuals, families, and businesses throughout the United States. The bank operates through three primary segments: Commercial Banking, HSA Bank, and Community Banking. The Commercial Banking segment focuses on lending, deposit, and cash management services tailored for middle-market companies, including commercial real estate lending and asset management for high net worth clients. HSA Bank specializes in health savings accounts and related financial solutions for employers and individuals. Community Banking offers a variety of deposit and loan products, including residential mortgages and credit cards, and provides investment services through a partnership with LPL Financial Holdings. Webster Bank also emphasizes digital banking solutions and maintains a presence with numerous banking centers and ATMs. Founded in 1935 and headquartered in Waterbury, Connecticut, Webster Bank prides itself on its community-focused approach while being the largest independent commercial bank in New England.

John Ciulla

Chairman, President and Chief Executive Officer

Glenn MacInnes

Executive Vice President and Chief Financial Officer

Terrence Mangan

Senior Vice President, Investor Relations

14 past transactions

FinTron

Series A in 2022
FinTron Invest LLC, founded in 2018 and based in Fairfield, Connecticut, provides investment tools aimed at new investors. The company offers a digital broker-dealer and banking application that allows users to evaluate risk, search for stocks by sector, and construct investment portfolios. In addition to its investment services, FinTron focuses on promoting financial education, offering affordable financial products, and supporting philanthropic initiatives. The company's platform consolidates essential financial data, enabling users to track their debt, savings, and investment accounts in one place while receiving updates on their financial activities. FinTron is committed to enhancing financial freedom and security for its users.

Everstream

Debt Financing in 2021
Everstream Solutions, LLC is a Cleveland-based network service provider that specializes in fiber-based Ethernet, Internet, and data center solutions for businesses in Northeast Ohio. Established in 2012, the company operates over 2,500 miles of fiber across 24 counties, offering reliable connectivity and high-speed data transfer with 10 Gigabit capabilities. Everstream's services include dedicated internet access, dark fiber, cloud backup and recovery, as well as engineering and construction solutions, catering primarily to mid and large-sized enterprises. The company prides itself on exceptional customer service and operates a 24/7 network operations center staffed by certified technical personnel.

Sterling Bancorp

Acquisition in 2021
Sterling Bancorp is the bank holding company for Sterling National Bank, which provides a wide range of banking products and services to commercial, consumer, and municipal clients across the United States. The bank accepts various deposit products, including checking and savings accounts, certificates of deposit, and mortgage escrow funds. It originates a diverse portfolio of loans, encompassing residential and commercial mortgages, consumer loans, and specialized financing options for businesses and municipal projects. Additionally, Sterling Bancorp offers wealth management products, including mutual funds and annuities. As of December 31, 2019, the bank operated 82 full-service retail and commercial financial centers throughout New York and New Jersey. Founded in 1888 and headquartered in Montebello, New York, Sterling Bancorp focuses on delivering tailored financial solutions to meet the needs of its customers and the communities it serves.

Endo1 Partners

Debt Financing in 2021
Endo1 Partners, LLC is a company that specializes in providing a wide range of business and operational support services tailored specifically for endodontics practices. Founded in 2019 and headquartered in Houston, Texas, with an additional office in Novato, California, the company offers essential human resources services, including payroll management, talent acquisition, and employee development. It also provides accounting and finance support, such as tax filing and financial record preparation, along with billing and collections services. Endo1 Partners assists practices in procuring endodontic supplies and ensures compliance through regular performance audits and internal monitoring. Furthermore, the company offers IT services, training, marketing, and business development support, all aimed at enhancing the operational efficiency and effectiveness of endodontic practices.

P2 Science

Debt Financing in 2020
P2 Science, Inc. is a bio-renewable chemistry company based in Woodbridge, Connecticut, that specializes in the development and production of specialty chemicals derived from renewable feedstocks, such as vegetable oils. Founded in 2009 by a team that includes Yale scientists and industry experts, P2 Science focuses on creating high-value ingredients for various sectors, including flavors and fragrances, cosmetics, household and industrial cleaning, personal care, and agriculture. The company has developed innovative processes that allow for the production of vegetable-derived versions of fragrance ingredients traditionally sourced from petrochemicals. This shift towards renewable alternatives addresses the growing demand among major manufacturers to replace petrochemical ingredients with sustainable options. P2 Science operates a laboratory in New Haven, Connecticut, to advance its technology and collaborates with key partners throughout the supply chain to facilitate the commercialization of its products.

Everstream

Debt Financing in 2020
Everstream Solutions, LLC is a Cleveland-based network service provider that specializes in fiber-based Ethernet, Internet, and data center solutions for businesses in Northeast Ohio. Established in 2012, the company operates over 2,500 miles of fiber across 24 counties, offering reliable connectivity and high-speed data transfer with 10 Gigabit capabilities. Everstream's services include dedicated internet access, dark fiber, cloud backup and recovery, as well as engineering and construction solutions, catering primarily to mid and large-sized enterprises. The company prides itself on exceptional customer service and operates a 24/7 network operations center staffed by certified technical personnel.

Lunada Bay

Debt Financing in 2019
Lunada Bay is an apparel & fashion.

Payrailz

Venture Round in 2017
Payrailz is a digital payments company that offers advanced bill payment and money transfer solutions to banks and credit unions. Its AI-driven digital payment platform combines with our Paywaze engine deliver smarter payment experiences through online and mobile channels, voice-enabled devices, interactive messaging, and payment bots. The company was founded in 2016 and is headquartered in Glastonbury, Connecticut.

DigitalOcean

Debt Financing in 2016
DigitalOcean, LLC is a cloud computing platform that specializes in providing cloud infrastructure tailored for software developers. Founded in 2012 and headquartered in New York, it offers a suite of products designed to facilitate the deployment, management, and scaling of applications. Key offerings include Droplets, which are Linux-based virtual machines, Kubernetes for efficient application deployment and management, databases, and Spaces, an object storage service that supports large data storage needs. DigitalOcean targets a diverse range of customers, including developers, startups, and small to medium-sized businesses, enabling them to build applications for various purposes, such as web and mobile applications, website hosting, e-commerce, and more. With a commitment to simplicity and customer service, DigitalOcean aims to make software development accessible to individuals and organizations worldwide. The company also maintains a presence in Cambridge, Massachusetts, and Bengaluru, India.

Waterlogic

Debt Financing in 2015
Waterlogic is a North American distributor and manufacturer of point-of-use water purification and dispensing systems suitable for various environments, including offices, factories, hospitals, schools, and restaurants. Established in 1992 and headquartered in Omaha, Nebraska, the company emphasizes a three-stage approach to water purity that includes high-performance filtration, advanced ultraviolet (UV) purification, and BioCote anti-microbial protection. Waterlogic's systems are designed to ensure safe and hygienic access to drinking water, adhering to rigorous standards for quality and safety. Additionally, the company offers comprehensive technical and sales support to its distributor partners, while also catering to different workplace needs and local water conditions through its range of water coolers that connect directly to the water supply. New dealer territories remain available for expansion.

Momentive

Debt Financing in 2010
Momentive Inc., formerly known as SurveyMonkey, is an experience management company that specializes in cloud-based software solutions. It provides tools for brand insights, market insights, product experience, employee experience, and customer experience. Momentive enables organizations to easily create online surveys, empowering them to gather valuable feedback that drives success. The company's People Powered Data platform supports large-scale conversations, delivering actionable insights for over 16 million active users worldwide. Momentive offers both free and customizable surveys, along with a range of paid programs that include data analysis, bias elimination, and data representation tools. With a workforce of over 750 employees, Momentive is dedicated to fostering curiosity and helping organizations measure and act on the opinions that influence their success. Founded in 1999 and headquartered in San Mateo, California, Momentive continues to lead in the field of online survey and questionnaire tools.

Open Solutions

Venture Round in 2000
Open Solutions provides collaborative, enterprise core account processing technology for banks, thrifts and credit unions, along with a full range of surround solutions.

Access National Mortgage

Acquisition in 1999
Access National Mortgage is a pioneer of internet-based mortgages started in 1996.