M&A Deal Summary |
|
|---|---|
| Date | 2021-11-09 |
| Target | Guaranty Federal Bank |
| Sector | Financial Services |
| Buyer(s) | QCR Holdings |
| Sellers(s) | Castle Creek Capital |
| Deal Type | Add-on Acquisition |
| Deal Value | 152M USD |
| Advisor(s) | Keefe, Bruyette, & Woods, Inc. (Financial) Sidley (Legal) |
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| Category | Company |
|---|---|
| Founded | 1993 |
| Sector | Financial Services |
| Employees | 986 |
| Revenue | 343M USD (2023) |
QCR Holdings is a multi-bank holding company. QCR Holdings was founded in 1993 and is based in Moline, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector (Financial Services) | 3 of 3 |
| Type (Add-on Acquisition) | 2 of 2 |
| State (Missouri) | 1 of 1 |
| Country (United States) | 3 of 3 |
| Year (2021) | 1 of 1 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-05-22 |
Guaranty Bank and Trust
Cedar Rapids, Iowa, United States Guaranty Bank and Trust Co. is a provider of financial services. It has five banking locations and approximately $267 million in assets and approximately $213 million in deposits as of March 31, 2017. |
Sell | - |
| Category | Asset Manager |
|---|---|
| Founded | 1992 |
| PE ASSETS | 750M USD |
| Size | Middle-Market |
| Type | Sector Focused |
Castle Creek Capital is a private investment firm that makes control investments in U.S.-based community banks with less than $10 billion of assets. The firm specializes in operating, recapitalizing and strategically refocusing US based banks. Castle Creek targets smaller, healthier banks that are under-performing or lack critical mass. Castle Creek offers the resources to then implement a roll-up acquisition program. Castle Creek Capital LLC was founded in 1992 and is based in Rancho Santa Fe, California.
| DEAL STATS | # |
|---|---|
| Overall | 15 of 15 |
| Sector (Financial Services) | 15 of 15 |
| Type (Add-on Acquisition) | 7 of 7 |
| State (Missouri) | 1 of 1 |
| Country (United States) | 15 of 15 |
| Year (2021) | 1 of 1 |
| Size (of disclosed) | 6 of 8 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-05-11 |
Sunflower Bank
Denver, Colorado, United States FirstSun Capital Bancorp is the financial holding company for Sunflower Bank, which operates as Sunflower Bank, First National 1870 and Guardian Mortgage. Sunflower Bank provides a full range of relationship-focused services to meet personal, business and wealth management financial objectives, with a branch network in five states and mortgage capabilities in 43 states. Sunflower Bank is based in Denver, Colorado. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-08-11 |
Central Payments
Sioux Falls, South Dakota, United States Central Payments provides payments technology and issuing solutions for fintech and embedded finance businesses. The company’s Open*CP API Marketplace is a banking-as-a-service payments platform built for fintech bankers with issuing capability embedded. Open*CP’s vertical integration and its native-to-the-cloud technology are the drivers responsible for Central Payments’ rise to the fastest-growing prepaid card issuer since 2015*. The company also operates Falls Fintech, its startup fintech accelerator, and produces Fintech Brews & News, a podcast devoted to helping bridge the gap between banking, startups, and the entire fintech industry. Central Payments was founded in 2014 and is based in Sioux Falls, South Dakota. |
Buy | - |
