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  5. Security Bank Acquires First Commerce Community Bankshares

M&A Deal Summary

Security Bank Acquires First Commerce Community Bankshares

On April 9, 2007, Security Bank acquired financial services company First Commerce Community Bankshares

Acquisition Highlights
  • This is Security Bank’s 1st transaction in the Financial Services sector.
  • This is Security Bank’s 1st transaction in the United States.
  • This is Security Bank’s 1st transaction in Georgia.

M&A Deal Summary
Date 2007-04-09
Target First Commerce Community Bankshares
Sector Financial Services
Buyer(s) Security Bank
Deal Type Add-on Acquisition
Advisor(s) Burke Stelling Group (Financial)

Target

First Commerce Community Bankshares

Douglasville, Georgia, United States
First Commerce Community Bankshares, Inc. is a provider of financial services.

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Buyer(S) 1

Buyer

Security Bank

Macon, Georgia, United States
Category Company
Founded 1988
Sector Financial Services
Employees388
DESCRIPTION

Security Bank Corp. is a operator of six community banks with banking offices located throughout middle Georgia, coastal Georgia and north metropolitan Atlanta. In addition, Security Bank Corporation operates a mortgage subsidiary, Fairfield Financial Services, Inc., with offices located throughout Georgia.

DEAL STATS #
Overall 1 of 1
Sector: Financial Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Georgia M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2007 M&A 1 of 1
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