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 LP (Financial)
Bryan Cave Leighton Paisner LLP (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.

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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) 1 of 1
Type (Merger) 1 of 1
State (Tennessee) 1 of 1
Country (United States) 1 of 1
Year (2015) 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

Product

Company

Legal