M&A Deal Summary |
|
|---|---|
| Date | 2017-10-30 |
| Target | Citizens National Bank |
| Sector | Financial Services |
| Buyer(s) | Old Point National Bank |
| Deal Type | Add-on Acquisition |
| Deal Value | 8M USD |
| Advisor(s) | Performance Trust Capital Partners (Financial) Williams Mullen (Legal) |
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| Category | Company |
|---|---|
| Founded | 1922 |
| Sector | Financial Services |
| Employees | 290 |
| Revenue | 62M USD (2023) |
Old Point National Bank is a full service bank offering a wide range of financial services, from solutions focused on individuals and small businesses to comprehensive commercial services. Old Point Financial was founded in 1922 and is based in Hampton, Virginia.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector (Financial Services) | 2 of 2 |
| Type (Add-on Acquisition) | 1 of 1 |
| State (Virginia) | 2 of 2 |
| Country (United States) | 2 of 2 |
| Year (2017) | 2 of 2 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-01-24 |
Old Point Mortgage
Virginia Beach, Virginia, United States Old Point Mortgage is a provider of financial services in US. |
Buy | - |
