M&A Deal Summary |
|
|---|---|
| Date | 2024-05-20 |
| Target | Independent Bank |
| Sector | Financial Services |
| Buyer(s) | SouthState |
| Deal Type | Add-on Acquisition |
| Deal Value | 2.0B USD |
| Advisor(s) | Keefe, Bruyette & Woods (Financial) Wachtell, Lipton, Rosen & Katz (Legal) |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1933 |
| Sector | Financial Services |
| Employees | 6,405 |
| Revenue | 1.7B USD (2024) |
SouthState is a holding company of South State Bank, and serves the financial needs of its local communities in 25 South Carolina counties, 15 Georgia counties and 4 North Carolina counties. SouthState was founded in 1933 and is based in Winter Haven, Florida.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 4 |
| Sector: Financial Services M&A | 4 of 4 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| State: Texas M&A | 1 of 1 |
| Country: United States M&A | 4 of 4 |
| Year: 2024 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-07-23 |
Atlantic Capital
Atlanta, Georgia, United States Atlantic Capital is a commercial bank focused on serving middle market corporations, emerging growth businesses, mid-sized real estate developers and investors and the principals of these businesses. Atlantic Capital was founded in 2006 and is based in Atlanta, Georgia. |
Buy | $542M |
