M&A Deal Summary

Area Bancshares Acquires Associates Mortgage Group

On July 16, 2001, Area Bancshares acquired financial services company Associates Mortgage Group

Acquisition Highlights
  • This is Area Bancshares’ 1st transaction in the Financial Services sector.
  • This is Area Bancshares’ 1st transaction in the United States.
  • This is Area Bancshares’ 1st transaction in Kentucky.

M&A Deal Summary

Date 2001-07-16
Target Associates Mortgage Group
Sector Financial Services
Buyer(s) Area Bancshares
Deal Type Add-on Acquisition

Target

Associates Mortgage Group

Louisville,, Kentucky, United States
Associates Mortgage Group, Inc. is a provider of mortgage brokerage services.

Search 200,500 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

Area Bancshares

Owensboro, Kentucky, United States

Category Company
Sector Financial Services
DESCRIPTION

AREA banks provide a range of financial services, owns two commercial banks and one non-depository trust company.


DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Kentucky) 1 of 1
Country (United States) 1 of 1
Year (2001) 1 of 1