M&A Deal Summary

Guaranty Bancorp Acquires Home State Bancorp

On March 16, 2016, Guaranty Bancorp acquired financial services company Home State Bancorp for 134M USD

Acquisition Highlights
  • This is Guaranty Bancorp’s 3rd transaction in the Financial Services sector.
  • This is Guaranty Bancorp’s largest (disclosed) transaction.
  • This is Guaranty Bancorp’s 3rd transaction in the United States.
  • This is Guaranty Bancorp’s 1st transaction in Illinois.

M&A Deal Summary
Date 2016-03-16
Target Home State Bancorp
Sector Financial Services
Buyer(s) Guaranty Bancorp
Deal Type Merger
Deal Value 134M USD
Advisor(s) KPMG Corporate Finance LLC
Sheshunoff & Co. Investment Banking (Financial)
Lewis Roca Rothgerber Christie (Legal)

Target

Home State Bancorp

Crystal Lake, Illinois, United States
Home State Bancorp is an $875 million financial services company that operates as the bank holding company for Home State Bank, a 65 year old leader in Colorado community banking. Home State Bank provides financial services to both consumers and business customers who value community banking and local decision making. The bank provides loans, depository services, 24 hour online and mobile banking, merchant services, mortgage services, as well as wealth management services including trust management.

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Buyer(S) 1

Buyer

Guaranty Bancorp

Denver, Colorado, United States
Category Company
Founded 1955
Sector Financial Services
Employees347
Revenue 160M USD (2017)
DESCRIPTION

Guaranty Bancorp is a provider of banking and other financial services, including real estate, construction, commercial and industrial, energy, consumer and agriculture loans, to consumers and small and medium-sized businesses, including the owners and employees of those businesses.

DEAL STATS #
Overall 3 of 3
Sector (Financial Services) 3 of 3
Type (Merger) 1 of 1
State (Illinois) 1 of 1
Country (United States) 3 of 3
Year (2016) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-16 Cherry Hills Investment Advisors

United States

Cherry Hills Investment Advisors is a Greenwood Village-based investment management firm serving the financial planning and investment management needs of individuals and families since 1999. With a shared vision of providing a high level of personal service, this powerful combination of two Colorado companies will offer unparalleled financial services expertise to both individuals and businesses.

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Product

Company

Legal