M&A Deal Summary

Ameris Bank Acquires American United Bank

On October 23, 2009, Ameris Bank acquired financial services company American United Bank from Federal Deposit Insurance

Acquisition Highlights
  • This is Ameris Bank’s 12th transaction in the Financial Services sector.
  • This is Ameris Bank’s 12th transaction in the United States.
  • This is Ameris Bank’s 4th transaction in Georgia.

M&A Deal Summary
Date 2009-10-23
Target American United Bank
Sector Financial Services
Buyer(s) Ameris Bank
Sellers(s) Federal Deposit Insurance
Deal Type Divestiture

Target

American United Bank

Lawrenceville, Georgia, United States
American United Bank is a full service, single office bank located in Lawrenceville, Georgia offers personal and commercial banking services.

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Buyer(S) 1

Buyer

Ameris Bank

Atlanta, Georgia, United States
Category Company
Founded 1971
Sector Financial Services
Employees2,759
Revenue 1.0B USD (2023)
DESCRIPTION

Ameris Bank is the parent of Ameris Bank, a Georgia state-chartered bank. Ameris Bank currently has 100+ locations in Georgia, Alabama, northern Florida and South Carolina. Ameris Bank was incorporated in 1971 and is based in Atlanta, Georgia.

DEAL STATS #
Overall 12 of 28
Sector (Financial Services) 12 of 28
Type (Divestiture) 1 of 10
State (Georgia) 4 of 14
Country (United States) 12 of 28
Year (2009) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-08-15 Island Bancorp

Edgartown, Massachusetts, United States

Island Bancorp, Inc. is a provider of loans and depositary services through its subsidiary. Island Bancorp is based in Edgartown, Massachusetts.

Buy $19M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-11-06 United Security Bank Sparta

Sparta, Georgia, United States

United Security Bank Sparta is a full service bank headquartered in Sparta, Georgia, with an additional banking office in Woodstock, Georgia provides personal and commercial banking services.

Buy -

Seller(S) 1

SELLER

Federal Deposit Insurance

Washington, District of Columbia, United States
Category Company
Founded 1933
Sector Financial Services
DESCRIPTION

Federal Deposit Insurance Corp. provides financial services.The FDIC provides coverage for deposits in national banks, in state banks that are members of the Federal Reserve System, and in other qualified state banks.

DEAL STATS #
Overall 6 of 41
Sector (Financial Services) 6 of 41
Type (Divestiture) 6 of 41
State (Georgia) 3 of 22
Country (United States) 6 of 41
Year (2009) 6 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-10-23 First DuPage Bank

Westmont, Illinois, United States

First DuPage Bank is a provider of personal and business banking services.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-11-06 United Security Bank Sparta

Sparta, Georgia, United States

United Security Bank Sparta is a full service bank headquartered in Sparta, Georgia, with an additional banking office in Woodstock, Georgia provides personal and commercial banking services.

Sell -
Mergr

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