M&A Deal Summary |
|
|---|---|
| Date | 2025-08-19 |
| Target | Dogwood State Bank |
| Sector | Financial Services |
| Buyer(s) | TowneBank |
| Deal Type | Merger |
| Deal Value | 476M USD |
| Advisor(s) | Piper Sandler & Co. (Financial) Williams Mullen (Legal) |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1999 |
| Sector | Financial Services |
| Revenue | 693M USD (2024) |
TowneBank offers a full range of banking and other financial services, with a focus on serving others and enriching lives. It operates over 55 banking offices throughout Hampton Roads and Central Virginia, as well as Northeastern and Central North Carolina. Towne offers a competitive array of business and personal banking solutions, delivered with only the highest ethical standards. TowneBank was formed in 1999 and is based in Suffolk, Virginia.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Financial Services M&A | 1 of 1 |
| Type: Merger M&A Deals | 1 of 1 |
| State: North Carolina M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2025 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
