1. Home >
  2. M&A >
  3. Merger >
  4. United States >
  5. Tennessee >
  6. Atlantic Capital Acquires First Security Group

M&A Deal Summary

Atlantic Capital Acquires First Security Group

On March 25, 2015, Atlantic Capital acquired financial services company First Security Group for 160M USD

Acquisition Highlights
  • This is Atlantic Capital’s 1st transaction in the Financial Services sector.
  • This is Atlantic Capital’s largest (disclosed) transaction.
  • This is Atlantic Capital’s 1st transaction in the United States.
  • This is Atlantic Capital’s 1st transaction in Tennessee.

M&A Deal Summary
Date 2015-03-25
Target First Security Group
Sector Financial Services
Buyer(s) Atlantic Capital
Deal Type Merger
Deal Value 160M USD
Advisor(s) Sandler O'Neill + Partners (Financial)
Bryan Cave Leighton Paisner (BCLP) (Legal)

Target

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.

Search 214,107 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 1

Buyer

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 1
Sector: Financial Services M&A 1 of 1
Type: Merger M&A Deals 1 of 1
State: Tennessee M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2015 M&A 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-01 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.

Sell -
Mergr

Solution for

Product

Company

Legal