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. Guaranty Bank and Trust Co. was formed in 1934 and is based in Cedar Rapids, Iowa. |
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 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 Dallas, Texas. |
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 | - |
