F.N.B. enters agreement to acquire Raptor Partners, terms not disclosed

F.N.B. (FNB) Corporation has entered into a definitive agreement to acquire Raptor Partners, an independent investment banking firm focused on delivering financial advisory services to public and private companies. Raptor, a Pittsburgh-based company, is comprised of a team of experienced professionals with an emphasis in mergers and acquisitions, corporate finance, valuation advisory, and private capital raising. Upon closing, Raptor will contribute to FNB’s ongoing strategy to grow and diversify non-interest income with significant capital markets capabilities. Upon closing of the acquisition, founder Craig Wolfanger will join FNB as Managing Director and Head of Investment Banking. The transaction is expected to close in the second quarter of 2025, subject to the satisfaction of customary closing conditions.