M&A Deal Summary |
|
|---|---|
| Date | 2021-04-19 |
| Target | Bank of Southern California N.A. - Three Branches |
| Sector | Financial Services |
| Buyer(s) | Friendly Hills Bank |
| Sellers(s) | Bank of Southern California N.A. |
| Deal Type | Divestiture |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 2006 |
| Sector | Financial Services |
Friendly Hills Bank is a community bank that was formed to primarily serve the Southern California communities of eastern Los Angeles County and northern Orange County. The Bank was established by prominent members of the local community who were seeking an alternative to the larger financial institutions in the area. Friendly Hills Bank was founded in 2006 and is headquartered in Whittier, California.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Financial Services M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: California M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2021 M&A | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 2001 |
| Sector | Financial Services |
| Employees | 76 |
Bank of Southern California, N.A. is a provider of provider of financial products to individuals, professionals, and small-to-medium sized businesses. Bank of Southern California was founded in 2001 and is based in San Diego, California.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Financial Services M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: California M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2021 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-10-21 |
CalWest Bancorp
Irvine, California, United States CalWest Bancorp is the holding company of CalWest Bank, a community bank recognized for its exemplary service to entrepreneurs, high net worth individuals and non-profit organizations located throughout Southern California. The Bank serves the business community through its four branches located in Rancho Santa Margarita, Irvine, Huntington Beach, and Redlands. |
Buy | $32M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-04-27 |
Bank of Santa Clarita
Santa Clarita, California, United States Founded in 2004, Bank of Santa Clarita is a full-service community bank headquartered in Santa Clarita, California. Bank of Santa Clarita provides local, experienced decision-making and personalized service that growing businesses need on a daily basis to efficiently manage their cash and credit needs. It is engaged in a full range of business and personal banking services for small-to-medium size businesses, professionals, entrepreneurs, and high-net worth clients. |
Buy | $56M |