M&A Deal Summary

Nevada State Bank Acquires Sun State Capital

On October 17, 1997, Nevada State Bank acquired financial services company Sun State Capital for 37M USD

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

M&A Deal Summary
Date 1997-10-17
Target Sun State Capital
Sector Financial Services
Buyer(s) Nevada State Bank
Deal Type Add-on Acquisition
Deal Value 37M USD
Advisor(s) Raymond James - Investment Banking (Financial)
Rothgerber Johnson & Lyons LLP (Legal)

Target

Sun State Capital

Las Vegas, Nevada, United States
Sun State Capital Corp.operates full-service in banking sector.It also offers a comprehensive array of investment, mortgage and insurance services.

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Buyer(S) 1

Buyer

Nevada State Bank

Las Vegas, Nevada, United States
Category Company
Founded 1959
Sector Financial Services
DESCRIPTION

Nevada State Bank's mission is simple. We will continue to build on the strength and security of our 50-year heritage by creating financial solutions for Nevada's families and businesses through client-focused activities, technology and great teamwork.

DEAL STATS #
Overall 1 of 4
Sector (Financial Services) 1 of 3
Type (Add-on Acquisition) 1 of 4
State (Nevada) 1 of 3
Country (United States) 1 of 4
Year (1997) 1 of 1
Size (of disclosed) 2 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1999-01-14 Barlow Insurance

Corona, California, United States

Barlow Insurance offers exceptional insurance for your classic automobile collection, whether you have one car or a dozen.

Buy -
Mergr

Product

Company

Legal