M&A Deal Summary

Athens Bancshares Acquires Atlantic Capital Bancshares - Four Branches

On April 1, 2015, Athens Bancshares acquired financial services company Atlantic Capital Bancshares - Four Branches from Atlantic Capital

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

M&A Deal Summary
Date 2015-04-01
Target Atlantic Capital Bancshares - Four Branches
Sector Financial Services
Buyer(s) Athens Bancshares
Sellers(s) Atlantic Capital
Deal Type Divestiture

Target

Atlantic Capital Bancshares - Four Branches

Tennessee, United States
Atlantic Capital - Four Branches comprises approximately $104 million in customer deposits and approximately $15 million in loans and other assets, including four branches in Athens, Lenoir City, Madisonville and Sweetwater, Tennessee.

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Buyer(S) 1

Buyer

Athens Bancshares

Athens, Tennessee, United States
Category Company
Sector Financial Services
Employees94
Revenue 23M USD (2016)
DESCRIPTION

Athens Bancshares Corporation is the parent holding company of Athens Federal Community Bank, National Association, a FDIC-insured national bank organized in 1934. Athens Federal is headquartered in Athens, Tennessee and provides financial services to individuals, families and businesses through its eleven offices located in southeast Tennessee.

DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Divestiture) 1 of 1
State (Tennessee) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1

Seller(S) 1

SELLER

Atlantic Capital

Atlanta, Georgia, United States
Category Company
Founded 2006
Sector Financial Services
Employees201
Revenue 97M USD (2020)
DESCRIPTION

Atlantic Capital is a commercial bank focused on serving middle market corporations, emerging growth businesses, mid-sized real estate developers and investors and the principals of these businesses. Atlantic Capital was founded in 2006 and is based in Atlanta, Georgia.

DEAL STATS #
Overall 1 of 2
Sector (Financial Services) 1 of 2
Type (Divestiture) 1 of 2
State (Tennessee) 1 of 2
Country (United States) 1 of 2
Year (2015) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-25 First Security Group

Chattanooga, Tennessee, United States

First Security Group, Inc. is a bank holding company. First Security’s community bank subsidiary, FSGBank, has 26 full-service banking offices in east and middle Tennessee and north Georgia. FSGBank provides retail and small business banking services, trust and investment management, mortgage banking, financial planning, and internet banking.

Buy $160M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-17 Atlantic Capital - Three Branches

Tennessee, United States

Atlantic Capital - Three Branches comprises approximately $116 million in customer deposits and approximately $31 million in loans and other assets, including three branches located in Algood, Cookeville and Gainesboro, Tennessee.

Sell -
Mergr

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