M&A Deal Summary

b1BANK Acquires Smith Shellnut Wilson

On March 22, 2021, b1BANK acquired financial services company Smith Shellnut Wilson

Acquisition Highlights
  • This is b1BANK’s 1st transaction in the Financial Services sector.
  • This is b1BANK’s 1st transaction in the United States.
  • This is b1BANK’s 1st transaction in Mississippi.

M&A Deal Summary
Date 2021-03-22
Target Smith Shellnut Wilson
Sector Financial Services
Buyer(s) b1BANK
Deal Type Add-on Acquisition

Target

Smith Shellnut Wilson

Ridgeland, Mississippi, United States
Smith Shellnut Wilson is specializing in managing investment portfolios for corporations, foundations and individuals. Smith Shellnut Wilson was founded in 1995 and is based in Ridgeland, Mississippi.

Search 201,157 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

b1BANK

Baton Rouge, Louisiana, United States
Category Company
Founded 2006
Sector Financial Services
Employees751
Revenue 247M USD (2023)
DESCRIPTION

b1BANK provides commercial and personal banking, treasury management and wealth solutions services to small to midsize businesses. b1BANK was founded in 2006 and is based in Baton Rouge, Louisiana.

DEAL STATS #
Overall 1 of 2
Sector (Financial Services) 1 of 2
Type (Add-on Acquisition) 1 of 2
State (Mississippi) 1 of 1
Country (United States) 1 of 2
Year (2021) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-25 Oakwood Bank

Dallas, Texas, United States

Oakwood Bank offers a full range of banking products and services from six full-service branch locations located in the Dallas, Oakwood, and Snyder, Texas market areas. Oakwood Bank is headquartered in Dallas, Texas.

Buy $86M
Mergr

Product

Company

Legal