M&A Deal Summary

IBERIABANK Acquires Cameron Bancshares

On May 31, 2011, IBERIABANK acquired financial services company Cameron Bancshares for 140M USD

Acquisition Highlights
  • This is IBERIABANK’s 10th transaction in the Financial Services sector.
  • This is IBERIABANK’s 6th largest (disclosed) transaction.
  • This is IBERIABANK’s 10th transaction in the United States.
  • This is IBERIABANK’s 7th transaction in Louisiana.

M&A Deal Summary

Date 2011-05-31
Target Cameron Bancshares
Sector Financial Services
Buyer(s) IBERIABANK
Deal Type Add-on Acquisition
Deal Value 140M USD
Advisor(s) Sheshunoff & Co. Investment Banking (Financial)
Gordon, Arata, Montgomery, Barnett (Legal)

Target

Cameron Bancshares

Lake Charles, Louisiana, United States
Cameron Bancshares Inc. operates as a bank holding company for Cameron State Bank, which offers personal and commercial 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 10 of 19
Sector (Financial Services) 10 of 19
Type (Add-on Acquisition) 9 of 13
State (Louisiana) 7 of 8
Country (United States) 10 of 19
Year (2011) 2 of 2
Size (of disclosed) 6 of 18
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-02-22 Omni Bancshares

Metairie, Louisiana, United States

OMNI is a bank holding company with 14 bank branch offices in the New Orleans and Baton Rouge markets. OMNI has branches in Jefferson, Saint John the Baptist, Orleans, East Baton Rouge and Saint Tammany parishes. As of December 31, 2010, OMNI had total assets, deposits and equity of approximately $735 million, $646 million and $31 million, respectively.

Buy $64M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-07-31 Florida Gulf Bancorp

Fort Myers, Florida, United States

Florida Gulf Bancorp, Inc. operates as a bank holding company for Florida Gulf Bank. The Company provides various banking products and services.

Buy $41M