Lineage Financial Network Mergers & Acquisitions

Lineage Financial Network M&A Summary

Lineage Financial Network has acquired 2 companies, including 2 in the last 5 years.

Lineage Financial Network has acquired in 1 US state. The Company’s most targeted sectors include financial services (100%).

M&A Summary

  • M&A Total Activity2
    • M&A Buy Activity2
  • Total Sectors Invested 1
  • Total Countries Invested 1

Lineage Financial Network, Inc.


United States,

All (2) Buy (2) Sell (-)
Date Target Value
$mlns
Transaction Type Acquirer Seller SRC
Link
2020-02-25 Citizens Bank & Trust Co. · Financial Services
Atwood, Tennessee · www.citizensbankatwood.com

Citizens Bank & Trust Co. has served the Atwood, Tennessee, and surrounding community counties for more than 80 years. As of December 31, 2019, Citizens Bank & Trust Company had $25 million in assets, $9 million in loans, $22 million in deposits and $3 million in shareholders’ equity. The full-service bank operates mainly in West Carroll and East Gibson counties and is a member of the FDIC.

Advisor: Henry & McCord
- Add-on Acquisition

Lineage Financial Network, Inc.
Advisors: Bone McAllester Norton PLLC , Commerce Street Capital

-

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