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  6. Stonegate Bank Acquires Regent Bancorp

M&A Deal Summary

Stonegate Bank Acquires Regent Bancorp

On April 26, 2016, Stonegate Bank acquired financial services company Regent Bancorp for 40M USD

Acquisition Highlights
  • This is Stonegate Bank’s 3rd transaction in the Financial Services sector.
  • This is Stonegate Bank’s 3rd largest (disclosed) transaction.
  • This is Stonegate Bank’s 3rd transaction in the United States.
  • This is Stonegate Bank’s 3rd transaction in Florida.

M&A Deal Summary
Date 2016-04-26
Target Regent Bancorp
Sector Financial Services
Buyer(s) Stonegate Bank
Deal Type Add-on Acquisition
Deal Value 40M USD
Advisor(s) Hovde Group (Financial)
Smith Mackinnon (Legal)

Target

Regent Bancorp

Davie, Florida, United States
Regent Bancorp, Inc. is a state chartered bank, providing financial products and services.

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Buyer(S) 1

Buyer

Stonegate Bank

Pompano Beach, Florida, United States
Category Company
Founded 2005
Sector Financial Services
Employees303
Revenue 110M USD (2016)
DESCRIPTION

Stonegate Bank is a provider of private and commercial banking services. Stonegate Bank was founded in 2005 and is based in Pompano Beach, Florida.

DEAL STATS #
Overall 3 of 3
Sector: Financial Services M&A 3 of 3
Type: Add-on Acquisition M&A Deals 3 of 3
State: Florida M&A 3 of 3
Country: United States M&A 3 of 3
Year: 2016 M&A 1 of 1
Size (of disclosed) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-25 Community Bank of Broward

Dania Beach, Florida, United States

Community Bank of Broward is a provider of personal and commercial banking services.

Buy $61M
Mergr

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