M&A Deal Summary |
|
|---|---|
| Date | 2014-05-08 |
| Target | 1st United Bancorp |
| Sector | Financial Services |
| Buyer(s) | Valley Bank |
| Sellers(s) | Patriot Financial Partners |
| Deal Type | Add-on Acquisition |
| Deal Value | 312M USD |
| Advisor(s) | Keefe, Bruyette, & Woods, Inc. (Financial) Gunster, Yoakley & Stewart (Legal) |
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| Category | Company |
|---|---|
| Founded | 1927 |
| Sector | Financial Services |
| Employees | 3,749 |
| Revenue | 1.9B USD (2023) |
Valley Bank is a regional bank holding company that operates 204 branches in 144 communities serving 16 counties throughout northern and central New Jersey, Manhattan, Brooklyn, Queens, and Long Island. Valley Bank was founded in 1927 and is based in Morristown, New Jersey.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 11 |
| Sector (Financial Services) | 4 of 7 |
| Type (Add-on Acquisition) | 1 of 5 |
| State (Florida) | 1 of 6 |
| Country (United States) | 4 of 11 |
| Year (2014) | 1 of 1 |
| Size (of disclosed) | 2 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-04-28 |
State Bancorp
Jericho, New York, United States State Bancorp, Inc. is the holding company for State Bank of Long Island. In addition to its seventeen branches located in Nassau, Suffolk, Queens and Manhattan, the Bank maintains its corporate headquarters in Jericho. The Bank has built a reputation for providing high-quality personal service to meet the needs of our diverse client base which includes commercial real estate owners and developers, small to middle market businesses, professional service firms, municipalities and consumers. |
Buy | $222M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-05-27 |
CNLBancshares
Orlando, Florida, United States CNLBancshares, Inc. offers a comprehensive range of business and personal financial products and services. It operates 16 full-service banking offices in Jacksonville, Orlando, Ft. Lauderdale, Coral Gables, Naples, Ft. Myers and Sarasota. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2007 |
| PE ASSETS | 1.3B USD |
| Size | Large |
| Type | Sector Focused |
Patriot Financial Partners is a private equity firm focused on acquiring and investing in community based banks, thrifts, and other related financial services companies throughout the US. Patriot is a hands-on investor and seeks businesses with assets between $500 million and $5 billion. Patriot Financial Partners was established in 2007 and is headquartered in Radnor, Pennsylvania.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 14 |
| Sector (Financial Services) | 1 of 14 |
| Type (Add-on Acquisition) | 1 of 11 |
| State (Florida) | 1 of 2 |
| Country (United States) | 1 of 14 |
| Year (2014) | 1 of 1 |
| Size (of disclosed) | 4 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-02-14 |
First Mariner Bank
Baltimore, Maryland, United States First Mariner Bank is a Maryland based community bank operating primarily throughout the central region of Maryland. First Mariner is an independent bank and operates 18 branches. First Mariner Bank was founded in 1920 and is based in Baltimore, Maryland. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-08-01 |
Bannockburn Global Forex
Cincinnati, Ohio, United States Bannockburn Global Forex LLC is a provider of currency trading services headquartered in Cincinnati, Ohio with regional sales offices located in New York, Kansas City, Chicago, Richmond, and Santa Monica. The company specializes in foreign exchange hedging and settlement transactions as well as currency-related advisory services for corporate and institutional clients. |
Buy | - |
