M&A Deal Summary

Capital Bank Financial Acquires CommunityOne Bancorp.

On November 23, 2015, Capital Bank Financial acquired financial services company CommunityOne Bancorp.

Acquisition Highlights
  • This is Capital Bank Financial’s 2nd transaction in the Financial Services sector.
  • This is Capital Bank Financial’s 2nd transaction in the United States.
  • This is Capital Bank Financial’s 2nd transaction in North Carolina.

M&A Deal Summary

Date 2015-11-23
Target CommunityOne Bancorp.
Sector Financial Services
Buyer(s) Capital Bank Financial
Deal Type Merger
Advisor(s) Sandler O'Neill + Partners LP
UBS Investment Bank (Financial)
Arnold & Porter (Legal)

Target

CommunityOne Bancorp.

Charlotte, North Carolina, United States
CommunityOne Bancorp. is a provider of a complete line of consumer, mortgage and business banking services, including loan, deposit, cash management, wealth management, and internet banking services. CommunityOne was founded in 1907 and is based in Charlotte, North Carolina.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Capital Bank Financial

Charlotte, North Carolina, United States

Category Company
Founded 2009
Sector Financial Services
Employees1,424
Revenue 314M USD (2015)
DESCRIPTION

Capital Bank Financial Corp. is a provider of various commercial and consumer banking, and ancillary financial services.


DEAL STATS #
Overall 2 of 3
Sector (Financial Services) 2 of 3
Type (Merger) 1 of 2
State (North Carolina) 2 of 3
Country (United States) 2 of 3
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-03-27 Southern Community Bank and Trust

Winston-Salem, North Carolina, United States

Southern Community Bank and Trust provides financial services.

Buy $48M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-26 CommunityOne Bank

Ashebord, North Carolina, United States

CommunityOne Bank is a full service community bank headquartered in Asheboro, North Carolina.

Buy -