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  6. Cadence Bank Acquires Industry Bancshares

M&A Deal Summary

Cadence Bank Acquires Industry Bancshares

On April 25, 2025, Cadence Bank acquired financial services company Industry Bancshares

Acquisition Highlights
  • This is Cadence Bank’s 11th transaction in the Financial Services sector.
  • This is Cadence Bank’s 18th transaction in the United States.
  • This is Cadence Bank’s 7th transaction in Texas.

M&A Deal Summary
Date 2025-04-25
Target Industry Bancshares
Sector Financial Services
Buyer(s) Cadence Bank
Deal Type Add-on Acquisition

Target

Industry Bancshares

Industry, Texas, United States
Industry Bancshares is a financial services company that operates 27 full-service branches across Central and Southeast Texas. In addition to its traditional banking products, the Company offers insurance services through ISB Insurance and financial and brokerage services through its affiliation with Cetera Investment Services. Industry Bancshares was formed in 1911 and is headquartered in Industry, Texas.

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Buyer(S) 1

Buyer

Cadence Bank

Tupelo, Mississippi, United States
Category Company
Founded 1876
Sector Financial Services
Revenue 1.8B USD (2024)
DESCRIPTION

Cadence Bank provides commercial banking and financial services. Cadence Bank was formed in 1876 and is based in Tupelo, Mississippi.

DEAL STATS #
Overall 18 of 18
Sector: Financial Services M&A 11 of 11
Type: Add-on Acquisition M&A Deals 9 of 9
State: Texas M&A 7 of 7
Country: United States M&A 18 of 18
Year: 2025 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-01-22 First Chatham Bank

Savannah, Georgia, United States

First Chatham Bank provides a full range of banking services in its primary market area of Chatham County and surrounding counties. First Chatham Bank was formed in 2002 and is based in Savannah, Georgia.

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