M&A Deal Summary

First Bank Acquires Henger Rast Mortgage

On July 3, 2011, First Bank acquired financial services company Henger Rast Mortgage

Acquisition Highlights
  • This is First Bank’s 1st transaction in the Financial Services sector.
  • This is First Bank’s 1st transaction in the United States.
  • This is First Bank’s 1st transaction in Alabama.

M&A Deal Summary

Date 2011-07-03
Target Henger Rast Mortgage
Sector Financial Services
Buyer(s) First Bank
Deal Type Add-on Acquisition

Target

Henger Rast Mortgage

Birmingham, Alabama, United States
website
Henger Rast Mortgage Corp. is a provider of home mortgage services to real estate professionals, builders, and individual homebuyers throughout the Southeast.

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Buyer(S) 1

Buyer

First Bank

Creve Coeur, Missouri, United States

Category Company
Founded 1910
Sector Financial Services
DESCRIPTION

First Bank is a commercial bank offers personal and business banking services.


DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Alabama) 1 of 1
Country (United States) 1 of 1
Year (2011) 1 of 1