M&A Deal Summary

Hamilton State Bancshares Acquires Highland Commercial Bank

On September 1, 2015, Hamilton State Bancshares acquired financial services company Highland Commercial Bank

Acquisition Highlights
  • This is Hamilton State Bancshares’ 6th transaction in the Financial Services sector.
  • This is Hamilton State Bancshares’ 6th transaction in the United States.
  • This is Hamilton State Bancshares’ 6th transaction in Georgia.

M&A Deal Summary

Date 2015-09-01
Target Highland Commercial Bank
Sector Financial Services
Buyer(s) Hamilton State Bancshares
Deal Type Add-on Acquisition

Target

Highland Commercial Bank

Marietta, Georgia, United States
Highland Commercial Bank operates as a state chartered community bank that offers deposits and loan products for consumers.

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Buyer(S) 1

Buyer

Hamilton State Bancshares

Hoschton, Georgia, United States

Category Company
Founded 2004
Sector Financial Services
DESCRIPTION

HSB is a Georgia-based bank holding company that specializes in providing commercial banking services to small- to medium-sized businesses in North Georgia through its bank subsidiary, Hamilton State Bank. Hamilton was formed in 2004 and is based in Hoschton, Georgia, which is approximately 50 miles north of Atlanta.


DEAL STATS #
Overall 6 of 6
Sector: Financial Services M&A 6 of 6
Type: Add-on Acquisition M&A Deals 1 of 1
State: Georgia M&A 6 of 6
Country: United States M&A 6 of 6
Year: 2015 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-26 Cherokee Banking Co.

Canton, Georgia, United States

Cherokee Bank is a provider of various banking services and products with approximately $168 million in total assets and approximately $150 million in deposits. Cherokee Bank operates out of three branch locations.

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