M&A Deal Summary |
|
|---|---|
| Date | 2024-05-10 |
| Target | Piedmont Bank |
| Sector | Financial Services |
| Buyer(s) | United Bank |
| Deal Type | Add-on Acquisition |
| Deal Value | 267M USD |
| Advisor(s) | Piper Sandler & Co. (Financial) Alston & Bird (Legal) |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1982 |
| Sector | Financial Services |
| Employees | 2,553 |
| Revenue | 1.0B USD (2024) |
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 | 22 of 22 |
| Sector: Financial Services M&A | 21 of 21 |
| Type: Add-on Acquisition M&A Deals | 19 of 19 |
| State: Georgia M&A | 3 of 3 |
| Country: United States M&A | 22 of 22 |
| Year: 2024 M&A | 1 of 1 |
| Size (of disclosed) | 6 of 21 |
| 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 |
