M&A Deal Summary

Amegy Bancorp. Acquires Intercontinental Bank

On September 6, 2007, Amegy Bancorp. acquired financial services company Intercontinental Bank

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

M&A Deal Summary

Date 2007-09-06
Target Intercontinental Bank
Sector Financial Services
Buyer(s) Amegy Bancorp.
Deal Type Add-on Acquisition

Target

Intercontinental Bank

West Miami, Florida, United States
Intercontinental Bank offers personal and commercial banking services.

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Buyer(S) 1

Buyer

Amegy Bancorp.

Houston, Texas, United States

Category Company
Founded 1996
Sector Financial Services
Employees2,126
DESCRIPTION
Entrance to Amegy's headquarters in Houston, Texas.
Entrance to Amegy's headquarters in Houston, Texas.

Amegy Bancorporation, Inc., the parent company of Amegy Bank N.A., is an independent bank holding company. The Bank focuses on commercial lending, treasury management, and investment services for businesses, private financial management, and trust services for families and individuals, and retail and mortgage banking services. Amegy was formed in 1996 and is based in Houston, Texas.


DEAL STATS #
Overall 1 of 1
Sector: Financial Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Florida M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2007 M&A 1 of 1