M&A Deal Summary

Eastern Virginia Bankshares Acquires Virginia Company Bank

On November 14, 2014, Eastern Virginia Bankshares acquired financial services company Virginia Company Bank

Acquisition Highlights
  • This is Eastern Virginia Bankshares’ 1st transaction in the Financial Services sector.
  • This is Eastern Virginia Bankshares’ 1st transaction in the United States.
  • This is Eastern Virginia Bankshares’ 1st transaction in Vermont.

M&A Deal Summary
Date 2014-11-14
Target Virginia Company Bank
Sector Financial Services
Buyer(s) Eastern Virginia Bankshares
Deal Type Add-on Acquisition
Advisor(s) Raymond James - Investment Banking (Financial)

Target

Virginia Company Bank

Newport News, Vermont, United States
Virginia Company Bank is a provider of financial services in US.

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Buyer(S) 1

Buyer

Eastern Virginia Bankshares

Tappahannock, Virginia, United States
Category Company
Founded 1910
Sector Financial Services
Employees311
Revenue 54M USD (2015)
DESCRIPTION

Eastern Virginia Bankshares, Inc. own and operates twenty-three full-service branches in eastern Virginia. Eastern Virginia Bankshares was founded in 1910 and is based in Tappahannock, Virginia.

DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Vermont) 1 of 1
Country (United States) 1 of 1
Year (2014) 1 of 1
Mergr

Product

Company

Legal