M&A Deal Summary

Green Bank Acquires Patriot Bancshares

On May 27, 2015, Green Bank acquired financial services company Patriot Bancshares from Talisman Capital Partners for 139M USD

Acquisition Highlights
  • This is Green Bank’s 3rd transaction in the Financial Services sector.
  • This is Green Bank’s largest (disclosed) transaction.
  • This is Green Bank’s 3rd transaction in the United States.
  • This is Green Bank’s 2nd transaction in Texas.

M&A Deal Summary
Date 2015-05-27
Target Patriot Bancshares
Sector Financial Services
Buyer(s) Green Bank
Sellers(s) Talisman Capital Partners
Deal Type Add-on Acquisition
Deal Value 139M USD
Advisor(s) Keefe, Bruyette, & Woods, Inc. (Financial)
Harris Law Firm
Fenimore, Kay, Harrison & Ford (Legal)

Target

Patriot Bancshares

Houston, Texas, United States
website
Patriot Bancshares is a bank holding company that operates Patriot Bank in the Houston and Dallas metro areas and in Fannin County, Texas.

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Buyer(S) 1

Buyer

Green Bank

Houston, Texas, United States

website

Category Company
Founded 2004
Sector Financial Services
Employees258
Revenue 121M USD (2015)
DESCRIPTION

Green Bancorp is a bank holding company that operates Green Bank primarily in the Houston and Dallas metropolitan areas. Commercial-focused, Green Bank is a nationally chartered bank regulated by the Office of the Comptroller of the Currency, a division of the Department of the Treasury of the United States.

DEAL STATS #
Overall 3 of 3
Sector (Financial Services) 3 of 3
Type (Add-on Acquisition) 3 of 3
State (Texas) 2 of 2
Country (United States) 3 of 3
Year (2015) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-20 SP Bancorp

Plano, Texas, United States

SP Bancorp, Inc. is a provider of financial services.

Buy $46M

Seller(S) 1

SELLER

Talisman Capital Partners

Columbus, Ohio, United States

Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 2000
PE ASSETS 150M USD
Size Small
Type Sector Focused
DESCRIPTION

Talisman Capital is a private equity firm that targets investments in profitable, middle-market companies. Talisman makes investments to support shareholder exits, growth, acquisitions, and recapitalizations. Sectors of interest include financial services, manufacturing, healthcare, and software. Talisman Capital was formed in 2000 and is based in Columbus, Ohio.

DEAL STATS #
Overall 3 of 3
Sector (Financial Services) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Texas) 1 of 1
Country (United States) 3 of 3
Year (2015) 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-02-19 Terry s Tire Town

Alliance, Ohio, United States

Terry’s Tire Town is a super-regional distributor of replacement tires to independent tire dealers throughout the Midwest and Northeast. Terry's Tire Town is based in Alliance, Ohio.

Sell -
Mergr

Product

Company

Legal