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  6. First Tennessee Bank National Association Acquires Coastal Securities

M&A Deal Summary

First Tennessee Bank National Association Acquires Coastal Securities

On October 27, 2016, First Tennessee Bank National Association acquired financial services company Coastal Securities

Acquisition Highlights
  • This is First Tennessee Bank National Association’s 3rd transaction in the Financial Services sector.
  • This is First Tennessee Bank National Association’s 3rd transaction in the United States.
  • This is First Tennessee Bank National Association’s 1st transaction in Texas.

M&A Deal Summary
Date 2016-10-27
Target Coastal Securities
Sector Financial Services
Buyer(s) First Tennessee Bank National Association
Deal Type Add-on Acquisition

Target

Coastal Securities

Houston, Texas, United States
Coastal Securities, Inc. is a provider of loans and fixed income products and it also provides municipal underwriting and advisory services to its clients.

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Buyer(S) 1

Buyer

First Tennessee Bank National Association

Memphis, Tennessee, United States
Category Company
Sector Financial Services
DESCRIPTION

First Tennessee Bank National Association, is providing financial services and solutions.

DEAL STATS #
Overall 3 of 3
Sector: Financial Services M&A 3 of 3
Type: Add-on Acquisition M&A Deals 2 of 2
State: Texas M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-22 Trustatlantic Financial

Raleigh, North Carolina, United States

Trustatlantic Financial Corp. is a provider of financial services.

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