M&A Deal Summary

Cadence Bank Acquires Ouachita Bancshares

On January 8, 2014, Cadence Bank acquired financial services company Ouachita Bancshares

Acquisition Highlights
  • This is Cadence Bank’s 1st transaction in the Financial Services sector.
  • This is Cadence Bank’s 5th transaction in the United States.
  • This is Cadence Bank’s 2nd transaction in Louisiana.

M&A Deal Summary
Date 2014-01-08
Target Ouachita Bancshares
Sector Financial Services
Buyer(s) Cadence Bank
Deal Type Merger
Advisor(s) Sheshunoff & Co. Investment Banking (Financial)
Fenimore, Kay, Harrison & Ford (Legal)

Target

Ouachita Bancshares

Monroe, Louisiana, United States
Ouachita Bancshares Corp. has 12 full-service banking offices in Louisiana, with six in Monroe-West Monroe, four in Shreveport-Bossier City and two in Bastrop. It also has loan production offices in Madison, Miss., and Natchitoches, La.

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Buyer(S) 1

Buyer

Cadence Bank

Tupelo, Mississippi, United States
Category Company
Founded 1876
Sector Financial Services
Employees5,322
Revenue 1.2B USD (2023)
DESCRIPTION

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

DEAL STATS #
Overall 5 of 16
Sector (Financial Services) 1 of 10
Type (Merger) 2 of 7
State (Louisiana) 2 of 4
Country (United States) 5 of 16
Year (2014) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-04-01 Kyzar

Hattiesburg, Mississippi, United States

Kyzar and Company was founded in 1974 and has specialized in employee benefits including group medical and life insurance, short and long term disability and retirement plans including 401k/profit sharing and defined benefit plans.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-22 Central Community

Temple, Texas, United States

Central Community Corporation is the parent company of First State Bank Central Texas. First State Bank operates 31 full-service banking offices; eleven (11) in the Austin - Round Rock, Texas area, eleven (11) in the Killeen - Temple - Fort Hood, Texas area, two (2) in Marble Falls, Texas, and seven (7) in various other communities in central Texas.

Buy $210M
Mergr

Product

Company

Legal