Carolina Financial Mergers & Acquisitions

Carolina Financial M&A Summary

Carolina Financial has acquired 3 companies.

Carolina Financial’s largest acquisition to date was in 2016, when it acquired Congaree Bancshares for $16M. Carolina Financial has acquired in 2 different US states. The Company’s most targeted sectors include financial services (100%).

M&A Summary

  • M&A Total Activity3
    • M&A Buy Activity3
  • Total Sectors Invested 1
  • Total Countries Invested 1

Carolina Financial Corp. (CresCom Bank)

288 Meeting Street,
Charleston, South Carolina 29401
United States,
(843) 723-7700
www.haveanicebank.com

All (3) Buy (3) Sell (-)
Date Target Value
$mlns
Transaction Type Acquirer Seller SRC
Link
2017-06-12 First South Bancorp. · Financial Services
Washington, North Carolina · www.firstsouthnc.com

First South Bancorp. is a virginia corporation that serves as the holding company for First South Bank, a North Carolina-chartered commercial bank. The Company was originally incorporated as a Delaware corporation in 1996. In 1999, FSBK changed its state of incorporation from Delaware to Virginia. First South Bank has one significant operating segment, the providing of general commercial banking services to its markets located in the state of North Carolina.

Advisors: Raymond James - Investment Banking , Wyrick Robbins
- Add-on Acquisition

Carolina Financial Corp. (CresCom Bank)
Advisors: Keefe, Bruyette & Woods , Nelson Mullins Riley & Scarborough

-

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