M&A Deal Summary |
|
|---|---|
| Date | 2017-06-12 |
| Target | First South Bancorp. |
| Sector | Financial Services |
| Buyer(s) | Carolina Financial |
| Deal Type | Add-on Acquisition |
| Advisor(s) | Raymond James - Investment Banking (Financial) Wyrick Robbins (Legal) |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1996 |
| Sector | Financial Services |
| Employees | 735 |
| Revenue | 160M USD (2018) |
Carolina Financial Corp. is the holding company of CresCom Bank, which also owns and operates Atlanta-based Crescent Mortgage Company. Carolina offers a variety of traditional community banking services to individuals and businesses. Carolina Financial was established in 1996 and is based in Charleston, South Carolina.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector: Financial Services M&A | 3 of 3 |
| Type: Add-on Acquisition M&A Deals | 3 of 3 |
| State: North Carolina M&A | 1 of 1 |
| Country: United States M&A | 3 of 3 |
| Year: 2017 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-11-08 |
Greer Bancshares
Greer, South Carolina, United States Greer Bancshares, Inc. is a one-bank holding company which was formed in July of 2001 and serves as the parent company of Greer State Bank, owning 100% of its common stock. Greer State Bank was chartered in August of 1988 by the State of South Carolina, and the bank opened for business on January 3, 1989. Since its opening, Greer State Bank has grown to over $381 million in assets and serves the Greer community with four offices and two electronic banking channels, including an Internet banking service. |
Buy | - |
