M&A Deal Summary

Cadence Bancorporation Acquires State Bank Financial

On January 2, 2019, Cadence Bancorporation acquired financial services company State Bank Financial

Acquisition Highlights
  • This is Cadence Bancorporation’s 1st transaction in the Financial Services sector.
  • This is Cadence Bancorporation’s 1st transaction in the United States.
  • This is Cadence Bancorporation’s 1st transaction in Georgia.

M&A Deal Summary
Date 2019-01-02
Target State Bank Financial
Sector Financial Services
Buyer(s) Cadence Bancorporation
Deal Type Merger

Target

State Bank Financial

Atlanta, Georgia, United States
State Bank Financial Corp. is a provider of financial services. State Bank Financial was founded in 2005 and is based in Atlanta, Georgia.

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Buyer(S) 1

Buyer

Cadence Bancorporation

Houston, Texas, United States
Category Company
Founded 1885
Sector Financial Services
Employees1,800
Revenue 924M USD (2020)
DESCRIPTION

Cadence Bancorporation is a bank holding company established to acquire and operate failed or distressed U.S. banks. Cadence Bancorporation provides consumers, small and middle-market businesses, and commercial clients with a full range of innovative banking and financial solutions, and serves as a sound source of capital for leading companies. Cadence Bancorporation was founded in 1885 and is based in Houston, Texas.

DEAL STATS #
Overall 1 of 2
Sector (Financial Services) 1 of 1
Type (Merger) 1 of 1
State (Georgia) 1 of 1
Country (United States) 1 of 2
Year (2019) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-02 Cadence Bank - Seven Branches

Houston, Texas, United States

Cadence Bank branches provide corporations, middle-market companies, small businesses, and consumers with a full range of innovative banking and financial solutions.

Sell -
Mergr

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