SouthState Mergers & Acquisitions

SouthState M&A Summary

SouthState has acquired 4 companies, including 3 in the last 5 years.

SouthState’s largest acquisition to date was in 2024, when it acquired Independent Bank Group for $2.0B. SouthState has acquired in 4 different US states. The Company’s most targeted sectors include financial services (100%).

M&A Summary

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

SouthState

SouthState Corp.

1101 First Street South, Suite 202,
Winter Haven, Florida 33880
United States,
(863) 293-4710
www.southstatebank.com

All (4) Buy (4) Sell (-)
Date Target Value
$mlns
Transaction Type Acquirer Seller SRC
Link
2024-05-20 Independent Bank · Financial Services
McKinney, Texas · www.independent-bank.com

Independent Bank provides a wide range of relationship-driven commercial banking products and services tailored to meet the needs of businesses, professionals, and individuals. Independent Bank was founded in 2002 and is based in McKinney, Texas.

Revenue (mlns) 482 USD
Advisors: Keefe, Bruyette & Woods , Wachtell, Lipton, Rosen & Katz
2,000
4.1x REVENUE
Add-on Acquisition

SouthState
Advisors: Davis Polk & Wardwell , Raymond James - Investment Banking

-

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