M&A Deal Summary

IBERIABANK Acquires Alliance Bank of Baton Rouge

On February 28, 2004, IBERIABANK acquired financial services company Alliance Bank of Baton Rouge for 18M USD

Acquisition Highlights
  • This is IBERIABANK’s 5th transaction in the Financial Services sector.
  • This is IBERIABANK’s 17th largest (disclosed) transaction.
  • This is IBERIABANK’s 5th transaction in the United States.
  • This is IBERIABANK’s 4th transaction in Louisiana.

M&A Deal Summary

Date 2004-02-28
Target Alliance Bank of Baton Rouge
Sector Financial Services
Buyer(s) IBERIABANK
Deal Type Add-on Acquisition
Deal Value 18M USD
Advisor(s) Stephens Investment Banking (Financial)
Smith, Gambrell & Russell (Legal)

Target

Alliance Bank of Baton Rouge

Baton Rouge, Louisiana, United States
Alliance Bank of Baton Rouge is a commercial bank that offers personal and business banking services.

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Buyer(S) 1

Buyer

IBERIABANK

Lafayette, Louisiana, United States

Category Company
Founded 1887
Sector Financial Services
Employees3,384
Revenue 1.2B USD (2018)
DESCRIPTION

IBERIABANK Corp. is a financial holding company with 280 combined offices, including 188 bank branch offices and three loan production offices in Louisiana, Arkansas, Tennessee, Alabama, Texas, and Florida, 23 title insurance offices in Arkansas and Louisiana, mortgage representatives in 57 locations in 10 states. IBERIABANK was founded in 1887 and is based in Lafayette, Louisiana.


DEAL STATS #
Overall 5 of 19
Sector (Financial Services) 5 of 19
Type (Add-on Acquisition) 4 of 13
State (Louisiana) 4 of 8
Country (United States) 5 of 19
Year (2004) 1 of 1
Size (of disclosed) 17 of 18
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-02-28 Acadiana Bancshares

Lafayette, Louisiana, United States

Acadiana Bancshares, Inc. serves as the holding company for LBA Savings Bank. Company provides various banking services and products for commercial and Individuals.

Buy $50M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-01-31 American Horizons Bancorp

Monroe, Louisiana, United States

American Horizons Bancorp is a provider of various banking services and products.

Buy $52M