M&A Deal Summary

Investar Brilliant Bank Acquires Cheaha Financial Group

On January 25, 2021, Investar Brilliant Bank acquired financial services company Cheaha Financial Group for 41M USD

Acquisition Highlights

This is Investar Brilliant Bank’s 3rd transaction in the Financial Services sector.
This is Investar Brilliant Bank’s 2nd largest (disclosed) transaction.
This is Investar Brilliant Bank’s 3rd transaction in the United States.
This is Investar Brilliant Bank’s 1st transaction in Alabama.

M&A Deal Summary
Date	2021-01-25
Target	Cheaha Financial Group
Sector	Financial Services
Buyer(s)	Investar Brilliant Bank
Deal Type	Add-on Acquisition
Deal Value	41M USD
Advisor(s)	Maynard Nexsen (Legal)

Target

Cheaha Financial Group

Oxford, Alabama, United States

Cheaha Financial Group is a holding company for Cheaha Bank that provides all banking needs, whether large or small. The company has the modern technology of internet banking, 24-hour telephone banking, and ATM/Debit card access, it is committed to providing personal and friendly customer service within the local bank office. The bank offers several options for checking, savings, and money market accounts, as well as Individual Retirement Accounts and Certificates of Deposit.

Search 201,292 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer