M&A Deal Summary

IBERIABANK Acquires Georgia Commerce Bancshares

On February 25, 2015, IBERIABANK acquired financial services company Georgia Commerce Bancshares for 189M USD

Acquisition Highlights
  • This is IBERIABANK’s 15th transaction in the Financial Services sector.
  • This is IBERIABANK’s 4th largest (disclosed) transaction.
  • This is IBERIABANK’s 15th transaction in the United States.
  • This is IBERIABANK’s 1st transaction in Georgia.

M&A Deal Summary
Date 2015-02-25
Target Georgia Commerce Bancshares
Sector Financial Services
Buyer(s) IBERIABANK
Deal Type Merger
Deal Value 189M USD
Advisor(s) Stifel, Nicolaus & Co., Inc. (Financial)
Womble Bond Dickinson (Legal)

Target

Georgia Commerce Bancshares

Atlanta, Georgia, United States
Georgia Commerce Bancshares, Inc.offer a higher level of customer service for both personal and commercial banking clients.

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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 15 of 19
Sector (Financial Services) 15 of 19
Type (Merger) 1 of 2
State (Georgia) 1 of 1
Country (United States) 15 of 19
Year (2015) 1 of 3
Size (of disclosed) 4 of 18
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-30 First Private Holdings

Dallas, Texas, United States

First Private Holdings is a provider of various banking services and products for commercial and individuals. First Private Bank reported total assets of approximately $357 million and total deposits of approximately $318 million as of December 31, 2013.

Buy $64M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-02 Florida Bank Group

Tampa, Florida, United States

Florida Bank Group is a provider of a retail and commercial banking services.

Buy $90M
Mergr

Product

Company

Legal