M&A Deal Summary |
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Date | 2019-10-23 |
Target | First Advantage Bancorp |
Sector | Financial Services |
Buyer(s) | Reliant Bank |
Deal Type | Add-on Acquisition |
Deal Value | 123M USD |
Advisor(s) | Raymond James - Investment Banking (Financial) Kilpatrick Townsend & Stockton LLP (Legal) |
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Category | Company |
---|---|
Founded | 2006 |
Sector | Financial Services |
Employees | 428 |
Revenue | 130M USD (2020) |
Reliant Bank provides a range of commercial banking services for businesses and individuals in the Middle Tennessee region and the Nashville-Davidson-Murfreesboro-Franklin Metropolitan Statistical Area. The company operates in two segments, Retail Banking, and Residential Mortgage Banking. Reliant Bank was formed in 2006 and is based in Brentwood, Tennessee.
DEAL STATS | # |
---|---|
Overall | 2 of 2 |
Sector (Financial Services) | 2 of 2 |
Type (Add-on Acquisition) | 2 of 2 |
State (Tennessee) | 2 of 2 |
Country (United States) | 2 of 2 |
Year (2019) | 2 of 2 |
Size (of disclosed) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2019-09-16 |
Community Bank & Trust
Ashland City, Tennessee, United States Community Bank & Trust is headquartered in Ashland City, Tennessee, and had approximately $251 million in total consolidated assets, approximately $169 million in gross loans and approximately $208 million in deposits as of June 30, 2019. TCB Holdings operates banking centers in Ashland City, Kingston Springs, Pegram, Pleasant View and Springfield, Tennessee. |
Buy | - |