M&A Deal Summary |
|
|---|---|
| Date | 2024-04-01 |
| Target | American National |
| Sector | Financial Services |
| Buyer(s) | Atlantic Union Bank |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 1902 |
| Sector | Financial Services |
| Employees | 1,877 |
| Revenue | 696M USD (2022) |
Atlantic Union Bank is the holding company for Atlantic Union Bank. Atlantic Union Bank has 149 branches and approximately 170 ATMs located throughout Virginia, and in portions of Maryland and North Carolina. Middleburg Financial is a brand name used by Atlantic Union Bank and certain affiliates when providing trust, wealth management, private banking, and investment advisory products and services. Certain non-bank affiliates of Atlantic Union Bank include: Old Dominion Capital Management, Inc., and its subsidiary, Outfitter Advisors, Ltd., Dixon, Hubard, Feinour & Brown, Inc., and Middleburg Investment Services, LLC, which provide investment advisory and/or brokerage services; and Union Insurance Group, LLC, which offers various lines of insurance products. Atlantic Union Bank was incorporated in 1902 and is based in Richmond, Virginia.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 4 |
| Sector (Financial Services) | 4 of 4 |
| Type (Add-on Acquisition) | 2 of 2 |
| State (Virginia) | 3 of 3 |
| Country (United States) | 4 of 4 |
| Year (2024) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-06-08 |
DHFB
Roanoke, Virginia, United States DHFB is a wealth management firm, focused on where the industry is headed and work to get there first, challenging the status quo of old thinking and systems. DHFB was founded in 1981 and is based in Roanoke, Virginia. |
Sell | - |
