Financial ServicesCompany
Independent Bank M&A Summary
Independent Bank has acquired 14 companies of its own, including 2 in the last 5 years. A total of 5 acquisitions came from private equity firms. It has also divested 1 asset.
Independent Bank’s largest acquisition to date was in 2021, when it acquired Meridian Bancorp for $1.2B. Independent Bank has acquired in 5 different US states. The Company’s most targeted sectors include financial services (100%).
Independent Bank Ownership
Who owns Independent Bank?
Independent Bank is owned by South State. It was acquired on May 20, 2024.
Independent Bank Business Overview
Where is Independent Bank headquartered?
Independent Bank is headquartered in McKinney, Texas.
What is Independent Bank’s revenue?
Independent Bank disclosed revenue of 610M USD for 2022 and 587M USD for 2021.
How many employees does Independent Bank have?
Independent Bank has 1,547 employees.
What sector is Independent Bank in?
Independent Bank is a financial services company.
When was Independent Bank founded?
Independent Bank was founded in 2002.
M&A Summary
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M&A Total Activity11
- M&A Buy Activity10
- M&A Sell Activity1
- Total Sectors Invested 1
- Total Countries Invested 1
- M&A Buy/Sell Connections 8
- M&A Advisors 6
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