M&A Deal Summary

First American Bank Acquires Bank of Coral Gables

On May 5, 2014, First American Bank acquired financial services company Bank of Coral Gables

Acquisition Highlights
  • This is First American Bank’s 1st transaction in the Financial Services sector.
  • This is First American Bank’s 1st transaction in the United States.
  • This is First American Bank’s 1st transaction in Florida.

M&A Deal Summary

Date 2014-05-05
Target Bank of Coral Gables
Sector Financial Services
Buyer(s) First American Bank
Deal Type Add-on Acquisition
Advisor(s) Monroe Financial Partners (Financial)

Target

Bank of Coral Gables

Coral Gables, Florida, United States
Bank of Coral Gables is a full service locally-owned community bank offering a variety of personal and business banking services.

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Buyer(S) 1

Buyer

First American Bank

Elk Grove Village, Illinois, United States

Category Company
Sector Financial Services
DESCRIPTION

First American Bank is a privately held bank with 49 branches throughout the Chicago metropolitan market. First American Bank also offers extensive wealth management services with $1.8 billion under management. The bank places a high priority on building long-term relationships with consumer and middle market commercial clients by offering superior deposit, lending, trade finance and investment solutions.


DEAL STATS #
Overall 1 of 1
Sector: Financial Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Florida M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2014 M&A 1 of 1