Add-on Acquisition • Financial Services

TriSummit Bank Acquires Community National Bank of the Lakeway Area

On January 14, 2014, TriSummit Bank acquired financial services company Community National Bank of the Lakeway Area

Acquisition Context

This is TriSummit Bank’s 1st transaction in the Financial Services sector.
This is TriSummit Bank’s 1st transaction in the United States.
This is TriSummit Bank’s 1st transaction in Tennessee.

Explore All 3084 Add-on Acquisition Financial Services Deals - Search the Database Free

M&A Deal Summary
Date	January 14, 2014
Target	Community National Bank of the Lakeway Area
Sector	Financial Services
Buyer(s)	TriSummit Bank
Deal Type	Add-on Acquisition
Advisor(s)	Monroe Financial Partners (Financial) Bryan Cave Leighton Paisner (BCLP) (Legal)

Target Company

Community National Bank of the Lakeway Area

Morristown, Tennessee, United States

Community National Bank of the Lakeway Area is a locally-owned community bank located in Hamblen and Jefferson Counties, Tennessee.

Explore More Deals

Browse All 215,158 Deals

FILTER BY

Buyer Type (PE or Strategic)
Deal Size ($10M to $10B+)
Sector (60 Sectors)
Deal Type
Geography
& More

Search Free

Buyer Overview 1

Buyer

TriSummit Bank

Kingsport, Tennessee, United States

Category	Company
Founded	2007
Sector	Financial Services

DESCRIPTION

TriSummit Bank is a community bank that serves East Tennessee and Southwest Virginia with strong, client and community focused leadership, state-of-the-art financial centers and a full complement of technology based services. TriSummit Bank is headquartered in Kingsport, Tennessee.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Financial Services	1 of 1
Type: Add-on Acquisition	1 of 1
State: Tennessee	1 of 1
Country: United States	1 of 1
Year: 2014	1 of 1

Explore Related M&A Activity

Financial Services M&A - Add-on Acquisition M&A Deals - Tennessee M&A - United States M&A - 2014 M&A