Add-on Acquisition • Financial Services

Charis Holdings Acquires Justin State Bank

On July 12, 2018, Charis Holdings acquired financial services company Justin State Bank

Acquisition Context
  • This is Charis Holdings’ 1st transaction in the Financial Services sector.
  • This is Charis Holdings’ 1st transaction in the United States.
  • This is Charis Holdings’ 1st transaction in Texas.

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M&A Deal Summary

Date July 12, 2018
Target Justin State Bank
Sector Financial Services
Buyer(s) Charis Holdings
Deal Type Add-on Acquisition
Advisor(s) Sheshunoff & Co. Investment Banking (Financial)
Haynie, Rake & Repass & Klimko (Legal)

Target Company

Justin State Bank

Justin, Texas, United States
Justin State Bank is a provider of financial services. Justin State Bank is based in Justin, Texas.
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Buyer Overview 1

Buyer

Charis Holdings

Dallas, Texas, United States

Category Company
Sector Financial Services
DESCRIPTION

Charis Holdings, Inc. is a provider of financial services. Charis Holdings was founded in 2017 and is based in Dallas, Texas.


Deal Context for Buyer #
Overall 1 of 1
Sector: Financial Services 1 of 1
Type: Add-on Acquisition 1 of 1
State: Texas 1 of 1
Country: United States 1 of 1
Year: 2018 1 of 1