M&A Deal Summary |
|
---|---|
Date | 2019-11-18 |
Target | Carolina Financial |
Sector | Financial Services |
Buyer(s) | United Bank |
Deal Type | Merger |
Deal Value | 1.1B USD |
Advisor(s) | Raymond James - Investment Banking (Financial) Nelson Mullins Riley & Scarborough (Legal) |
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Category | Company |
---|---|
Founded | 1982 |
Sector | Financial Services |
Employees | 2,716 |
Revenue | 1.0B USD (2023) |
United Bank is a bank holding company with full service banking offices in West Virginia, Virginia, Washington, DC, Maryland, Ohio, and Pennsylvania. United Bank was founded in 1982 and is based in Charleston, West Virginia.
DEAL STATS | # |
---|---|
Overall | 20 of 22 |
Sector (Financial Services) | 19 of 21 |
Type (Merger) | 2 of 3 |
State (South Carolina) | 1 of 1 |
Country (United States) | 20 of 22 |
Year (2019) | 1 of 1 |
Size (of disclosed) | 1 of 21 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2016-08-18 |
Cardinal Financial
McLean, Virginia, United States Cardinal Financial Corp. is a financial holding company serves the washington metropolitan region through its wholly-owned subsidiary Cardinal Bank with over 30 conveniently located banking offices. Cardinal, with $4.2 billion in assets, provides banking services through its subsidiary bank, Cardinal Bank, which has a network of 30 branches throughout Virginia, Maryland and Washington, D.C |
Buy | $912M |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2021-06-03 |
Essex Bank
Richmond, Virginia, United States Community Bankers Trust is a well-capitalized, single bank holding company headquartered in the greater Richmond, Virginia market with approximately $1.7 billion in assets as of March 31, 2021. Community Bankers Trust is the holding company for Essex Bank, a Virginia state-chartered bank with 24 full-service offices, 18 of which are in Virginia and six of which are in Maryland. Essex Bank also operates two loan production offices. |
Buy | $303M |