M&A Deal Summary

Centennial Bancshares Acquires Happy State Bank

On April 1, 2022, Centennial Bancshares acquired financial services company Happy State Bank

Acquisition Highlights
  • This is Centennial Bancshares’ 2nd transaction in the Financial Services sector.
  • This is Centennial Bancshares’ 2nd transaction in the United States.
  • This is Centennial Bancshares’ 1st transaction in Texas.

M&A Deal Summary

Date 2022-04-01
Target Happy State Bank
Sector Financial Services
Buyer(s) Centennial Bancshares
Deal Type Merger
Advisor(s) Stephens (Financial)
Alston & Bird (Legal)

Target

Happy State Bank

Amarillo, Texas, United States
Happy State Bank offers a broad range of financial services and products through its current network of 57 bank branches in 41 communities across the Texas Panhandle, South Plains, Austin, Central Texas, and the Dallas/Fort Worth Metroplex. Happy State Bank was founded in 1908 and is based in Amarillo, Texas.

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Buyer(S) 1

Buyer

Centennial Bancshares

Centennial, Colorado, United States

Category Company
Founded 1986
Sector Financial Services
DESCRIPTION

Centennial Bancshares, Inc. (Centennial Bank) is a community bank provides banking and financial solutions for businesses, owners, professionals, and consumers.


DEAL STATS #
Overall 2 of 2
Sector: Financial Services M&A 2 of 2
Type: Merger M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-01 Premier Bank Holding Co.

Tallahassee, Florida, United States

Premier Bank Holding Co. operates as a bank holding company for Premier Bank that offers community banking services to residents and businesses.

Buy -