M&A Deal Summary

Ameris Bank Acquires Hamilton State Bancshares

On July 2, 2018, Ameris Bank acquired financial services company Hamilton State Bancshares from Tailwind and Angelo Gordon s Private Equity Group

Acquisition Highlights
  • This is Ameris Bank’s 27th transaction in the Financial Services sector.
  • This is Ameris Bank’s 27th transaction in the United States.
  • This is Ameris Bank’s 14th transaction in Georgia.

M&A Deal Summary

Date 2018-07-02
Target Hamilton State Bancshares
Sector Financial Services
Buyer(s) Ameris Bank
Sellers(s) Tailwind
Angelo Gordon s Private Equity Group
Deal Type Merger

Target

Hamilton State Bancshares

Hoschton, Georgia, United States
HSB is a Georgia-based bank holding company that specializes in providing commercial banking services to small- to medium-sized businesses in North Georgia through its bank subsidiary, Hamilton State Bank. Hamilton was formed in 2004 and is based in Hoschton, Georgia, which is approximately 50 miles north of Atlanta.

Search 200,388 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

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 27 of 28
Sector (Financial Services) 27 of 28
Type (Merger) 1 of 1
State (Georgia) 14 of 14
Country (United States) 27 of 28
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-17 Atlantic Coast Financial

Jacksonville, Florida, United States

Atlantic Coast Financial Corp. is a state-chartered commercial bank. It is a community-oriented financial institution serving the Northeast Florida, Central Florida and Southeast Georgia markets. Atlantic Coast Financial is based in Jacksonville, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-13 Balboa Capital

Costa Mesa, California, United States

Balboa Capital is an online provider of business lending solutions to small and medium-sized businesses across diverse industry sectors nationwide. Balboa Capital was founded in 1988 and is based in Costa Mesa, California.

Buy -

Seller(S) 2

SELLER

Tailwind

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2003
PE ASSETS 3.7B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Tailwind is an independent private equity firm focused on making control investments in companies operating in the healthcare, media/communications, and business services sectors. Tailwind looks to invest $25 to $200 million in profitable businesses valued above $500 million. The Firm seeks companies with proven business models and strong opportunities for growth, either organically or through acquisition. Tailwind Capital was formed in 2003 and is based in New York, New York.


DEAL STATS #
Overall 13 of 34
Sector (Financial Services) 1 of 1
Type (Merger) 1 of 1
State (Georgia) 2 of 5
Country (United States) 13 of 34
Year (2018) 3 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-01 Abode Healthcare

Durango, Colorado, United States

Abode Healthcare provides a full spectrum of home health and hospice services in attractive, growing markets across the United States. Abode’s service offerings are thoughtfully tailored to patients and families, with focused attention given to individual needs and preferences. Abode Healthcare was formed in 2012 and is based in Durango, Colorado.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-24 Diamondback Drugs

Scottsdale, Arizona, United States

Diamondback Drugs LLC is a veterinary compounding pharmacy that distributes pharmaceutical products to individual pet owners, veterinary offices and clinics. The company's compounding facility allows Diamondback to provide a broad veterinary compounded pharmaceutical offering, ranging from anti-infectives and ophthalmic preparations to cancer treatment solutions. Diamondback has grown from a small veterinary compounder into a growing platform serving pets in 50 states, as well as Canada and Mexico.

Sell -
SELLER

Angelo Gordon s Private Equity Group

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1988
PE ASSETS 1.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Angelo, Gordon's Private Equity Group is the private equity arm of asset manager Angele, Gordon & Co. AG's private equity group focuses on acquiring assets from financially distressed sellers or from larger corporations. Prospective transactions include forced sales, management-led buyouts, private company recapitalizations, corporate carve-outs, asset pool purchases, and other complex situations. The Group prefers control when considering opportunities and generally looks to commit $25 to $125 million of capital in transactions valued up to $500 million. Broad sectors of interest include specialty finance, retail, consumer, healthcare services/facilities, real estate, and business services. Angelo, Gordon's Private Equity group is based in New York City.


DEAL STATS #
Overall 11 of 13
Sector (Financial Services) 4 of 4
Type (Merger) 1 of 1
State (Georgia) 1 of 1
Country (United States) 10 of 12
Year (2018) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-01 Crunch

New York, New York, United States

Crunch is a gym that believes in making serious exercise fun by fusing fitness and entertainment and pioneering a philosophy of 'No Judgments.' Crunch serves a fitness community for all types of people, with all types of goals, exercising all different ways; working out at the same place together. Crunch was founded in 1989 and is based in New York City.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-08 Firebirds Wood Fired Grill

Charlotte, North Carolina, United States

Firebirds International is a contemporary-polished casual restaurant with 48 locations throughout the U.S. Firebirds Wood Fired Grill offers guests a unique dining experience featuring an exposed kitchen with its signature wood-burning grill. Firebirds International was founded in 2000 and is based in Charlotte, North Carolina.

Sell -