M&A Deal Summary |
|
|---|---|
| Date | 2017-11-22 |
| Target | WashingtonFirst Bankshares |
| Sector | Financial Services |
| Buyer(s) | Sandy Spring Bank |
| Sellers(s) | Castle Creek Capital |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 1868 |
| Sector | Financial Services |
| Employees | 1,084 |
| Revenue | 419M USD (2023) |
Sandy Spring Bank is a provider of financial services to individuals and companies in US. Sandy Spring Bank was founded in 1868 and is based in Olney, Maryland.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 6 |
| Sector (Financial Services) | 4 of 6 |
| Type (Add-on Acquisition) | 4 of 6 |
| State (Virginia) | 2 of 3 |
| Country (United States) | 4 of 6 |
| Year (2017) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-05-31 |
CommerceFirst Bancorp
Annapolis, Maryland, United States CommerceFirst Bancorp, Inc. provides financial services in US. |
Buy | $25M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-09-24 |
Revere Bank
Rockville, Maryland, United States Revere Bank is a Maryland-state chartered bank that has 11 branches located in the suburban Maryland counties of Anne Arundel, Baltimore, Frederick, Howard, Montgomery, and Prince George’s. The Bank is a community-based, full-service commercial bank that emphasizes the banking needs of community-based businesses, professional entities, and individuals. |
Buy | $461M |
| 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 | 12 of 15 |
| Sector (Financial Services) | 12 of 15 |
| Type (Add-on Acquisition) | 5 of 7 |
| State (Virginia) | 2 of 2 |
| Country (United States) | 12 of 15 |
| Year (2017) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-07-23 |
Eastern Virginia Bankshares
Tappahannock, Virginia, United States Eastern Virginia Bankshares, Inc. own and operates twenty-three full-service branches in eastern Virginia. Eastern Virginia Bankshares was founded in 1910 and is based in Tappahannock, Virginia. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-05-08 |
Origin Bank
Ruston, Louisiana, United States Origin is a financial holding company. Origin’s wholly owned bank subsidiary, Origin Bank, was founded in 1912. Deeply rooted in Origin’s history is a culture committed to providing personalized, relationship banking to its clients and communities. Origin provides a broad range of financial services to businesses, municipalities, high net worth individuals and retail clients, and currently operates 44 banking centers located from Dallas/Fort Worth and Houston, Texas across North Louisiana and into Mississippi. Origin was formed in 1912 and is based in Ruston, Louisiana. |
Sell | - |
