M&A Deal Summary

Franklin Financial Network Acquires Civic Bank & Trust

On December 14, 2015, Franklin Financial Network acquired financial services company Civic Bank & Trust for 30M USD

Acquisition Highlights
  • This is Franklin Financial Network’s 1st transaction in the Financial Services sector.
  • This is Franklin Financial Network’s largest (disclosed) transaction.
  • This is Franklin Financial Network’s 1st transaction in the United States.
  • This is Franklin Financial Network’s 1st transaction in Tennessee.

M&A Deal Summary
Date 2015-12-14
Target Civic Bank & Trust
Sector Financial Services
Buyer(s) Franklin Financial Network
Deal Type Add-on Acquisition
Deal Value 30M USD
Advisor(s) Stephens Investment Banking (Financial)
Butler Snow (Legal)

Target

Civic Bank & Trust

Nashville, Tennessee, United States
website
Civic Bank & Trust is a provider of deposit and loan products and treasury management for businesses and consumers.

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Buyer(S) 1

Buyer

Franklin Financial Network

Franklin, Tennessee, United States

website

Category Company
Founded 2007
Sector Financial Services
Employees337
Revenue 129M USD (2019)
DESCRIPTION

Franklin Financial Network is a provider of deposit and loan products, treasury management, wealth management, trust, and financial planning services for consumers and businesses. Franklin Financial Network was founded in 2007 and is based in Franklin, Tennessee.

DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Tennessee) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1
Size (of disclosed) 1 of 1
Mergr

Product

Company

Legal