M&A Deal Summary |
|
|---|---|
| Date | 2024-10-21 |
| Target | Sandy Spring Bank |
| Sector | Financial Services |
| Buyer(s) | Atlantic Union Bank |
| Deal Type | Merger |
| Deal Value | 1.6B USD |
| Advisor(s) | Keefe, Bruyette & Woods (Financial) Kilpatrick Townsend & Stockton (Legal) |
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| Category | Company |
|---|---|
| Founded | 1902 |
| Sector | Financial Services |
| Employees | 2,125 |
| Revenue | 817M USD (2024) |
Atlantic Union Bank is the holding company for Atlantic Union Bank, which operates 149 branches and approximately 170 ATMs across Virginia, as well as parts of Maryland and North Carolina. Atlantic Union Bank was incorporated in 1902 and is based in Richmond, Virginia.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 5 |
| Sector: Financial Services M&A | 5 of 5 |
| Type: Merger M&A Deals | 2 of 2 |
| State: Maryland M&A | 1 of 1 |
| Country: United States M&A | 5 of 5 |
| Year: 2024 M&A | 2 of 2 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-04-01 |
American National
Danville, Virginia, United States American National provides financial services including savings, round-up savings, digital solutions, mortgages, personal loans, treasury management, loans & lines of credit, commercial insurance, title insurance, asset management services, trust services, and investment services. American National was formed in 1909 and is based in Danville, Virginia. |
Buy | - |
