M&A Deal Summary

Bay Commercial Bank Acquires First ULB

On December 15, 2016, Bay Commercial Bank acquired financial services company First ULB for 38M USD

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

M&A Deal Summary

Date 2016-12-15
Target First ULB
Sector Financial Services
Buyer(s) Bay Commercial Bank
Deal Type Merger
Deal Value 38M USD

Target

First ULB

Oakland, California, United States
First ULB Corp. is a community bank offering personalized services and products to meet the demands of today's small and medium-sized businesses. Company are a customer-focused, independent, and well-capitalized organization.

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Buyer(S) 1

Buyer

Bay Commercial Bank

Walnut Creek, California, United States

Category Company
Sector Financial Services
DESCRIPTION


DEAL STATS #
Overall 3 of 3
Sector (Financial Services) 3 of 3
Type (Merger) 1 of 1
State (California) 3 of 3
Country (United States) 3 of 3
Year (2016) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-10 Valley Community Bank

Pleasanton, California, United States

Valley Community Bank provides banking servicesto professionals, local businesses and other customers in the Tri-Valley and San Jose areas from its full-service offices in Pleasanton, Livermore and San Jose.

Buy -