Grossmont Bank - M&A Summary and Business Overview

Financial ServicesCompany

Grossmont Bank M&A Summary

Grossmont Bank has acquired 1 company.

Grossmont Bank’s largest acquisition to date was in 1998, when it acquired FP Bancorp for $87M. Grossmont Bank has acquired in 1 US state. The Company’s most targeted sectors include financial services (100%).

Grossmont Bank Business Overview

Where is Grossmont Bank headquartered?

Grossmont Bank is headquartered in La Mesa, California.

What sector is Grossmont Bank in?

Grossmont Bank is a financial services company.

When was Grossmont Bank founded?

Grossmont Bank was founded in 1976.

M&A Summary

  • M&A Total Activity1
    • M&A Buy Activity1
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Advisors 1

Grossmont Bank

5500 Grossmont Center Drive,
La Mesa, California 91941
United States,
(619) 462-2800

Grossmont Bank Provides financial services for commercial and business sectors.Grossmont Bank offers Bank Atlantic, Internet Savings Account, Gomez Internet Banking, Internet Banking.


M&A Summary

Buy vs Sell

Year ≤ '93 '94 '95 '96 '97 '98 T
Buy (0.2/yr) # - - - - - 1 1
vol $87M $87M
Sell (0.0/yr) # - - - - - - 0
  1

Most Recent M&A

Company Date Value Type
FP Bancorp, Inc. 1998-05-26 87M USD Add-on Acquisition
Escondido, California
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Financial Services 1 (100%) 87M (100%) - -
Total 1 $87M - -

By Geo

State/Country Buy Value Sell Value
United States 1 87M - -
  California 1 87M - -
Total 1 $87M - -

Top M&A Advisors

Legal Deals
Sullivan & Cromwell
 1

Deal Values

buy # Total
< $100M 1 $87M
TOTAL $87M
Largest FP Bancorp, Inc.
$87M (1998-05-26)

Company Summary

SECTOR

Financial Services

Established

1976

Subsidiary of

Zions

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