Park Sterling - M&A Summary and Business Overview

Financial ServicesCompany

Park Sterling M&A Summary

Park Sterling has acquired 4 companies.

Park Sterling’s largest acquisition to date was in 2016, when it acquired First Capital Bancorp for $87M. Park Sterling has acquired in 3 different US states. The Company’s most targeted sectors include financial services (100%).

Park Sterling Business Overview

Where is Park Sterling headquartered?

Park Sterling is headquartered in Charlotte, North Carolina.

What is Park Sterling’s revenue?

Park Sterling disclosed revenue of 107M USD for 2015 and 99M USD for 2014.

How many employees does Park Sterling have?

Park Sterling has 551 employees.

What sector is Park Sterling in?

Park Sterling is a financial services company.

M&A Summary

  • M&A Total Activity4
    • M&A Buy Activity4
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Advisors 2

Park Sterling Corp.

1043 East Morehead Street, Suite 201,
Charlotte, North Carolina 28204
United States,
(704) 716-2134
www.parksterlingbank.com

Park Sterling Corporation, the holding company for Park Sterling Bank. Park Sterling, a regional, community-focused financial services company with approximately $2.3 billion in assets, is the largest community bank in the Charlotte area and has 53 banking offices stretching across the Carolinas and into North Georgia as well as a loan production office in the Greater Richmond region.


M&A Summary

Buy vs Sell

Year ≤ '11 '12 '13 '14 '15 '16 T
Buy (0.6/yr) # 1 1 - 1 - 1 4
vol $29M $83M $5M $87M $204M
Sell (0.0/yr) # - - - - - - 0
  4

Most Recent M&A

Company Date Value Type
First Capital Bancorp, Inc. 2016-01-01 87M USD Add-on Acquisition
Glen Allen, Virginia · www.1capitalbank.com
Provident Community Bancshares, Inc. 2014-05-01 5M USD Merger
Rock Hill,, South Carolina · www.provcombank.com
Citizens South Banking Corp. 2012-10-01 83M USD Merger
Gastonia,, North Carolina · www.citizenssouth.com
Community Capital Corp. 2011-11-01 29M USD Merger
Greenwood,, South Carolina
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Financial Services 4 (100%) 204M (100%) - -
Total 4 $204M - -

By Geo

State/Country Buy Value Sell Value
United States 4 204M - -
  South Carolina 2 34M - -
  Virginia 1 87M - -
  North Carolina 1 83M - -
Total 4 $204M - -

Top M&A Advisors

Financial Deals
Keefe, Bruyette, & Woods, Inc.
2
Legal Deals
McGuireWoods
2

Deal Values

buy # Total
< $100M 4 $204M
TOTAL $204M
Largest First Capital Bancorp, Inc.
$87M (2016-01-01)

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