M&A Deal Summary

Capital Bank Financial Acquires Southern Community Bank and Trust

On March 27, 2012, Capital Bank Financial acquired financial services company Southern Community Bank and Trust for 48M USD

Acquisition Highlights
  • This is Capital Bank Financial’s 1st transaction in the Financial Services sector.
  • This is Capital Bank Financial’s largest (disclosed) transaction.
  • This is Capital Bank Financial’s 1st transaction in the United States.
  • This is Capital Bank Financial’s 1st transaction in North Carolina.

M&A Deal Summary

Date 2012-03-27
Target Southern Community Bank and Trust
Sector Financial Services
Buyer(s) Capital Bank Financial
Deal Type Add-on Acquisition
Deal Value 48M USD
Advisor(s) Stifel, Nicolaus & Co., Inc. (Financial)

Target

Southern Community Bank and Trust

Winston-Salem, North Carolina, United States
Southern Community Bank and Trust provides financial services.

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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 1 of 3
Sector (Financial Services) 1 of 3
Type (Add-on Acquisition) 1 of 1
State (North Carolina) 1 of 3
Country (United States) 1 of 3
Year (2012) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-23 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.

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