Progressive Financial Group - Ownership and Business Overview

Financial ServicesCompany

Progressive Financial Group Ownership

Who owns Progressive Financial Group?

Progressive Financial Group is owned by SmartFinancial. It was acquired on October 29, 2019.

Progressive Financial Group Business Overview

Where is Progressive Financial Group headquartered?

Progressive Financial Group is headquartered in Cookeville, Tennessee.

What sector is Progressive Financial Group in?

Progressive Financial Group is a financial services company.

When was Progressive Financial Group founded?

Progressive Financial Group was founded in 2007.

Financial Services M&A Summary in 2019

Out of 60 sectors in the Mergr database, financial services ranked 10 in number of deals in 2019. The largest financial services acquisition in 2019 was Worldpay - which was acquired by Fidelity National Information Services for $43.0B.

Join Mergr to view all 213 acquisitions of financial services companies in 2019, including 22 acquisitions by private equity firms, and 191 by strategics.

Acquired by SmartFinancial, Inc. (Company) on 2019-10-29

Progressive Financial Group, Inc.

1080 Interstate Drive,
Cookeville, Tennessee 38501
United States,
(888) 573-2265
www.psbgroup.net

Progressive Financial Group, Inc. is a full-service commercial bank with 29 branches spanning East Tennessee, Tuscaloosa and Southwest Alabama, and the Florida Panhandle. Recruiting the best people, delivering exceptional client service, strategic branching, and a disciplined approach to lending have contributed to the company’s success.

Company Summary

SECTOR

Financial Services

Established

2007

Investor History
2019-10-29
Add-on Acquisition

SmartFinancial, Inc.

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