M&A Deal Summary

Simmons Bank Acquires Liberty Bancshares

On May 28, 2014, Simmons Bank acquired financial services company Liberty Bancshares from Home Bank for 207M USD

Acquisition Highlights
  • This is Simmons Bank’s 7th transaction in the Financial Services sector.
  • This is Simmons Bank’s 4th largest (disclosed) transaction.
  • This is Simmons Bank’s 7th transaction in the United States.
  • This is Simmons Bank’s 1st transaction in Montana.

M&A Deal Summary
Date 2014-05-28
Target Liberty Bancshares
Sector Financial Services
Buyer(s) Simmons Bank
Sellers(s) Home Bank
Deal Type Divestiture
Deal Value 207M USD
Advisor(s) Keefe, Bruyette, & Woods, Inc. (Financial)
Stinson LLP (Legal)

Target

Liberty Bancshares

Springfield, Montana, United States
Liberty Bancshares, Inc. provides a financial services in US.

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Buyer(S) 1

Buyer

Simmons Bank

Pine Bluff, Arkansas, United States

website

Category Company
Founded 1903
Sector Financial Services
Employees2,923
Revenue 767M USD (2021)
DESCRIPTION
Simmons Bank office building in downtown Little Rock, Arkansas.
Simmons Bank office building in downtown Little Rock, Arkansas.

Simmons Bank is a regional provider of financial services. Simmons Bank was founded in 1903 and is based in Pine Bluff, Arkansas.

DEAL STATS #
Overall 7 of 16
Sector (Financial Services) 7 of 16
Type (Divestiture) 1 of 1
State (Montana) 1 of 1
Country (United States) 7 of 16
Year (2014) 2 of 3
Size (of disclosed) 4 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-06 Community First Bancshares

Union City, Tennessee, United States

Community First Bancshares, Inc. provides financial services in US.

Buy $243M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-02 Delta Trust & Banking

Little Rock, Arizona, United States

Delta Trust & Banking Corp. financial services in US.

Buy -

Seller(S) 1

SELLER

Home Bank

Conway, Arkansas, United States

website

Category Company
Founded 1998
Sector Financial Services
Employees2,774
Revenue 919M USD (2022)
DESCRIPTION

Home Bank is a bank holding company for Centennial Bank provides a broad range of commercial and retail banking plus related financial services to businesses, real estate developers, investors, individuals and municipalities. Home Bank was founded in 1998 and is based in Conway, Arkansas.

DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Divestiture) 1 of 1
State (Montana) 1 of 1
Country (United States) 1 of 1
Year (2014) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-06-25 Liberty Bancshares

Springfield, Montana, United States

Liberty Bancshares, Inc. provides a financial services in US.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-19 Florida Traditions Bank

Dade City, Florida, United States

Florida Traditions Bank provides financial services.

Buy -
Mergr

Product

Company

Legal