M&A Deal Summary

Strategic Growth Bancorp Acquires New Mexico Banquest

On May 3, 2013, Strategic Growth Bancorp acquired financial services company New Mexico Banquest

Acquisition Highlights
  • This is Strategic Growth Bancorp’s 1st transaction in the Financial Services sector.
  • This is Strategic Growth Bancorp’s 1st transaction in the United States.
  • This is Strategic Growth Bancorp’s 1st transaction in New Mexico.

M&A Deal Summary

Date 2013-05-03
Target New Mexico Banquest
Sector Financial Services
Buyer(s) Strategic Growth Bancorp
Deal Type Add-on Acquisition

Target

New Mexico Banquest

Santa Fe, New Mexico, United States
New Mexico Banquest Corporation is a holding company. offers banking services,insurance services and advisory services.

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Buyer(S) 1

Buyer

Strategic Growth Bancorp

El Paso, Texas, United States

Category Company
Founded 2009
Sector Financial Services
DESCRIPTION

Strategic Growth Bancorp Inc. operates as a bank holding company, which through its subsidiaries offers banking products and services.


DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (New Mexico) 1 of 1
Country (United States) 1 of 1
Year (2013) 1 of 1