M&A Deal Summary |
|
|---|---|
| Date | 2019-07-24 |
| Target | Citizens State Bank |
| Sector | Financial Services |
| Buyer(s) | Spirit of Texas Bank |
| Deal Type | Merger |
| Deal Value | 66M USD |
| Advisor(s) | Hillworth LLC (Financial) Fenimore, Kay, Harrison & Ford (Legal) |
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| Category | Company |
|---|---|
| Founded | 2008 |
| Sector | Financial Services |
| Revenue | 128M USD (2021) |
Spirit of Texas Bank through its wholly-owned subsidiary, Spirit of Texas Bank, provides a wide range of relationship-driven commercial banking products and services tailored to meet the needs of businesses, professionals and individuals. Spirit of Texas Bank has 29 locations in the Houston, Dallas/Fort Worth, Bryan/College Station, San Antonio-New Braunfels and Corpus Christi metropolitan areas, along with offices in North Central Texas. Spirit of Texas Bank was founded in 2008 and is based in Conroe, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector (Financial Services) | 3 of 3 |
| Type (Merger) | 1 of 1 |
| State (Texas) | 3 of 3 |
| Country (United States) | 3 of 3 |
| Year (2019) | 1 of 1 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-11-27 |
The First National Bank of Beeville
Beeville, Texas, United States The First National Bank of Beeville offers personal and commercial banking services. The First National Bank of Beeville was formed in 1890 and is based in Beeville, Texas. |
Buy | $64M |
