Add-on Acquisition • Financial Services

Hancock Whitney Acquires Sabal Trust

On January 21, 2025, Hancock Whitney acquired financial services company Sabal Trust

Acquisition Context
  • This is Hancock Whitney’s 2nd transaction in the Financial Services sector.
  • This is Hancock Whitney’s 2nd transaction in the United States.
  • This is Hancock Whitney’s 1st transaction in Florida.

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M&A Deal Summary

Date January 21, 2025
Target Sabal Trust
Sector Financial Services
Buyer(s) Hancock Whitney
Deal Type Add-on Acquisition

Target Company

Sabal Trust

St. Petersburg, Florida, United States
Sabal Trust is an independent, employee-owned non-depository trust company provides trust administration, investment management, retirement planning, estate settlement, and family office services. Sabal Trust is based in St. Petersburg, Florida.
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Buyer Overview 1

Buyer

Hancock Whitney

Gulfport, Mississippi, United States

Category Company
Founded 1899
Sector Financial Services
Employees3,497
Revenue 1.4B USD (2024)
DESCRIPTION

Hancock Whitney is a provider of comprehensive financial products and services, including traditional and online banking, commercial and small business banking, energy banking, private banking, trust and investment services, certain insurance services and mortgage services. Hancock Whitney was founded in 1883 and is based in Gulfport, Mississippi.


Deal Context for Buyer #
Overall 2 of 2
Sector: Financial Services 2 of 2
Type: Add-on Acquisition 2 of 2
State: Florida 1 of 1
Country: United States 2 of 2
Year: 2025 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-09 Hancock Property & Casualty Business Lines

United States

Hancock Property & Casualty Business Lines, comprises a business unit which offers group benefits, property, and casualty insurance products.

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