Add-on Acquisition • Financial Services

Faciam Holdings Acquires Summit Bancshares

On November 28, 2018, Faciam Holdings acquired financial services company Summit Bancshares

Acquisition Context

This is Faciam Holdings’ 1st transaction in the Financial Services sector.
This is Faciam Holdings’ 1st transaction in the United States.
This is Faciam Holdings’ 1st transaction in California.

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M&A Deal Summary
Date	November 28, 2018
Target	Summit Bancshares
Sector	Financial Services
Buyer(s)	Faciam Holdings
Deal Type	Add-on Acquisition
Advisor(s)	Vining Sparks (Financial) Gary Steven Findley & Associates (Legal)

Target Company

Summit Bancshares

Oakland, California, United States

Summit Bancshares, Inc. is a provider of deposit and loan services to its personal and business customers. Summit Bancshares, Inc. operates three branches in Oakland, Walnut Creek and Emeryville, California through its subsidiary, Summit Bank, a California state-chartered institution established in 1982.

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Buyer Overview 1

Buyer

Faciam Holdings

Santa Barbara, California, United States

Category	Company
Sector	Financial Services

DESCRIPTION

Faciam Holdings, Inc. is a provider of financial services. Faciam Holdings is based in Santa Barbara, California.

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

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