M&A Deal Summary

Nevada State Bank Acquires Pioneer Bancorp.

On October 18, 1999, Nevada State Bank acquired financial services company Pioneer Bancorp. for 347M USD

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

M&A Deal Summary
Date 1999-10-18
Target Pioneer Bancorp.
Sector Financial Services
Buyer(s) Nevada State Bank
Deal Type Add-on Acquisition
Deal Value 347M USD
Advisor(s) BofA Securities (Financial)
Graham & Dunn PC (Legal)

Target

Pioneer Bancorp.

Reno, Nevada, United States
Pioneer Bancorporation Provides banking services throughout Nevada.The bank offered a variety of loans, including consumer loans, real estate loans, agricultural loans, and business loans.

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Buyer(S) 1

Buyer

Nevada State Bank

Las Vegas, Nevada, United States

website

Category Company
Founded 1959
Sector Financial Services
DESCRIPTION

Nevada State Bank's mission is simple. We will continue to build on the strength and security of our 50-year heritage by creating financial solutions for Nevada's families and businesses through client-focused activities, technology and great teamwork.

DEAL STATS #
Overall 3 of 4
Sector (Financial Services) 2 of 3
Type (Add-on Acquisition) 3 of 4
State (Nevada) 2 of 3
Country (United States) 3 of 4
Year (1999) 2 of 2
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-01-14 Barlow Insurance

Corona, California, United States

Barlow Insurance offers exceptional insurance for your classic automobile collection, whether you have one car or a dozen.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-04-17 Great Basin Bank of Nevada

Elko, Nevada, United States

Great Basin Bank of Nevada provides banking services to individual and corporate and commercial clients.

Buy -
Mergr

Product

Company

Legal