M&A Deal Summary

1st United Bancorp Acquires Anderen Bank

On April 1, 2012, 1st United Bancorp acquired financial services company Anderen Bank for 37M USD

Acquisition Highlights
  • This is 1st United Bancorp’s 1st transaction in the Financial Services sector.
  • This is 1st United Bancorp’s largest (disclosed) transaction.
  • This is 1st United Bancorp’s 1st transaction in the United States.
  • This is 1st United Bancorp’s 1st transaction in Florida.

M&A Deal Summary
Date 2012-04-01
Target Anderen Bank
Sector Financial Services
Buyer(s) 1st United Bancorp
Deal Type Merger
Deal Value 37M USD

Target

Anderen Bank

Palm Harbor, Florida, United States
website
Anderen Bank provides financial services.

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Buyer(S) 1

Buyer

1st United Bancorp

Boca Raton, Florida, United States

website

Category Company
Sector Financial Services
DESCRIPTION

1st United Bank, is a Florida chartered commercial bank, which operates 21 branches in southeast and central Florida, including Brevard, Broward, Hillsborough, Indian River, Miami-Dade, Orange, Palm Beach, and Pinellas Counties.

DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Merger) 1 of 1
State (Florida) 1 of 1
Country (United States) 1 of 1
Year (2012) 1 of 1
Size (of disclosed) 1 of 1
Mergr

Product

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