M&A Deal Summary

Bank of Southern California N.A. Acquires Bank of Santa Clarita

On April 27, 2021, Bank of Southern California N.A. acquired financial services company Bank of Santa Clarita for 56M USD

Acquisition Highlights
  • This is Bank of Southern California N.A.’s 3rd transaction in the Financial Services sector.
  • This is Bank of Southern California N.A.’s largest (disclosed) transaction.
  • This is Bank of Southern California N.A.’s 3rd transaction in the United States.
  • This is Bank of Southern California N.A.’s 3rd transaction in California.

M&A Deal Summary
Date 2021-04-27
Target Bank of Santa Clarita
Sector Financial Services
Buyer(s) Bank of Southern California N.A.
Deal Type Add-on Acquisition
Deal Value 56M USD
Advisor(s) MJC Partners LLC (Financial)
Sheppard Mullin (Legal)

Target

Bank of Santa Clarita

Santa Clarita, California, United States
Founded in 2004, Bank of Santa Clarita is a full-service community bank headquartered in Santa Clarita, California. Bank of Santa Clarita provides local, experienced decision-making and personalized service that growing businesses need on a daily basis to efficiently manage their cash and credit needs. It is engaged in a full range of business and personal banking services for small-to-medium size businesses, professionals, entrepreneurs, and high-net worth clients.

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Buyer(S) 1

Buyer

Bank of Southern California N.A.

San Diego, California, United States
Category Company
Founded 2001
Sector Financial Services
Employees76
DESCRIPTION

Bank of Southern California, N.A. is a provider of provider of financial products to individuals, professionals, and small-to-medium sized businesses. Bank of Southern California was founded in 2001 and is based in San Diego, California.

DEAL STATS #
Overall 3 of 3
Sector (Financial Services) 3 of 3
Type (Add-on Acquisition) 2 of 2
State (California) 3 of 3
Country (United States) 3 of 3
Year (2021) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-19 Bank of Southern California N.A. - Three Branches

San Diego, California, United States

Three Branches are located in Orange, Redlands, and Santa Fe Springs, California. These three branches are more aligned to serve a consumer or small business banking model, rather than a commercial banking model.

Sell -
Mergr

Product

Company

Legal