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 |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1868 |
| Sector | Financial Services |
| Revenue | 419M USD (2023) |
Sandy Spring Bank is a community bank that offers a broad range of commercial and retail banking, mortgage, private banking, and trust services throughout Maryland, Virginia, and Washington, D.C. Through its subsidiaries, Rembert Pendleton Jackson and West Financial Services, Inc., Sandy Spring Bank also offers a comprehensive menu of wealth management services. Sandy Spring Bank was founded in 1868 and is based in Olney, Maryland.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 6 |
| Sector: Financial Services M&A | 4 of 6 |
| Type: Add-on Acquisition M&A Deals | 4 of 6 |
| State: Virginia M&A | 2 of 3 |
| Country: United States M&A | 4 of 6 |
| Year: 2017 M&A | 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 M&A | 12 of 15 |
| Type: Add-on Acquisition M&A Deals | 5 of 7 |
| State: Virginia M&A | 2 of 2 |
| Country: United States M&A | 12 of 15 |
| Year: 2017 M&A | 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 Bank is a financial holding company. 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 Bank was formed in 1912 and is based in Ruston, Louisiana. |
Sell | - |
