M&A Deal Summary

Renasant Acquires First M&F

On February 7, 2013, Renasant acquired financial services company First M&F

Acquisition Highlights
  • This is Renasant’s 3rd transaction in the Financial Services sector.
  • This is Renasant’s 3rd transaction in the United States.
  • This is Renasant’s 1st transaction in Mississippi.

M&A Deal Summary
Date 2013-02-07
Target First M&F
Sector Financial Services
Buyer(s) Renasant
Deal Type Merger

Target

First M&F

Kosciusko, Mississippi, United States
First M&F Corp., the parent of M&F Bank, is a 120-year-old community bank committed to proceed with its mission of making the mid-south better through the delivery of excellence in financial services to 26 communities in Mississippi, Alabama and Tennessee. First M&F Corp had total assets of approximately $1.6 billion at December 31, 2012.

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Buyer(S) 1

Buyer

Renasant

Tupelo, Mississippi, United States
Category Company
Founded 1904
Sector Financial Services
Employees2,300
Revenue 632M USD (2023)
DESCRIPTION

Renasant is a provider of banking, mortgage, financial and insurance services. Renasant was founded in 1904 and is based in Tupelo, Mississippi.

DEAL STATS #
Overall 3 of 9
Sector (Financial Services) 3 of 9
Type (Merger) 2 of 6
State (Mississippi) 1 of 2
Country (United States) 3 of 9
Year (2013) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-06-29 RBC Bank - Trust Department

Birmingham, Alabama, United States

RBC Bank (USA) - Trust Department comprises $680 million in assets under management, comprised of personal and institutional clients with over 200 trust.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-10 Heritage Financial

Olympia, Washington, United States

Heritage Financial Corporation is a provider of various financial services to small businesses and general public and operates as the bank holding company for Heritage Bank. Heritage Financial Group, Inc. is the holding company for HeritageBank of the South, a community-oriented bank serving primarily Georgia, Florida and Alabama through 36 banking locations, 20 mortgage offices, and 5 investment offices.

Buy $258M
Mergr

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