1. Home >
  2. M&A >
  3. Add-on Acquisition >
  4. United States >
  5. Colorado >
  6. Independent Bank Acquires Guaranty Bancorp

M&A Deal Summary

Independent Bank Acquires Guaranty Bancorp

On May 22, 2018, Independent Bank acquired financial services company Guaranty Bancorp for 1.0B USD

Acquisition Highlights
  • This is Independent Bank’s 7th transaction in the Financial Services sector.
  • This is Independent Bank’s 2nd largest (disclosed) transaction.
  • This is Independent Bank’s 7th transaction in the United States.
  • This is Independent Bank’s 1st transaction in Colorado.

M&A Deal Summary
Date 2018-05-22
Target Guaranty Bancorp
Sector Financial Services
Buyer(s) Independent Bank
Deal Type Add-on Acquisition
Deal Value 1.0B USD
Advisor(s) Keefe, Bruyette & Woods (Financial)
Otteson Shapiro (Legal)

Target

Guaranty Bancorp

Denver, Colorado, United States
Guaranty Bancorp is a provider of banking and other financial services, including real estate, construction, commercial and industrial, energy, consumer and agriculture loans, to consumers and small and medium-sized businesses, including the owners and employees of those businesses.

Search 214,600 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Independent Bank

McKinney, Texas, United States
Category Company
Founded 2002
Sector Financial Services
Employees1,547
Revenue 610M USD (2022)
DESCRIPTION

Independent Bank provides a wide range of relationship-driven commercial banking products and services tailored to meet the needs of businesses, professionals, and individuals. Independent Bank was founded in 2002 and is based in McKinney, Texas.

DEAL STATS #
Overall 7 of 9
Sector: Financial Services M&A 7 of 9
Type: Add-on Acquisition M&A Deals 5 of 5
State: Colorado M&A 1 of 1
Country: United States M&A 7 of 9
Year: 2018 M&A 2 of 2
Size (of disclosed) 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-22 Guaranty Bank and Trust Co.

Cedar Rapids, Iowa, United States

Guaranty Bank and Trust Co. is a provider of financial services. Guaranty Bank and Trust Co. was formed in 1934 and is based in Cedar Rapids, Iowa.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-21 Independent Bank Group - Trust Assets

Colorado, United States

Independent Bank Group, Inc. - Trust Assets is a department located in Colorado having approximately $311.7 million in assets held in fiduciary or agency capacities.

Sell -
Mergr

Solution for

Product

Company

Legal