M&A Deal Summary

1st United Bancorp Acquires Anderen Bank

On April 1, 2012, 1st United Bancorp acquired financial services company Anderen Bank for 37M USD

Acquisition Highlights
  • This is 1st United Bancorp’s 1st transaction in the Financial Services sector.
  • This is 1st United Bancorp’s largest (disclosed) transaction.
  • This is 1st United Bancorp’s 1st transaction in the United States.
  • This is 1st United Bancorp’s 1st transaction in Florida.

M&A Deal Summary
Date 2012-04-01
Target Anderen Bank
Sector Financial Services
Buyer(s) 1st United Bancorp
Deal Type Merger
Deal Value 37M USD

Target

Anderen Bank

Palm Harbor, Florida, United States
Anderen Bank provides financial services.

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Buyer(S) 1

Buyer

1st United Bancorp

Boca Raton, Florida, United States
Category Company
Sector Financial Services
DESCRIPTION

1st United Bank, is a Florida chartered commercial bank, which operates 21 branches in southeast and central Florida, including Brevard, Broward, Hillsborough, Indian River, Miami-Dade, Orange, Palm Beach, and Pinellas Counties.

DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Merger) 1 of 1
State (Florida) 1 of 1
Country (United States) 1 of 1
Year (2012) 1 of 1
Size (of disclosed) 1 of 1
Mergr

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