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  5. VyStar Credit Union Acquires Heritage Southeast Bank

M&A Deal Summary

VyStar Credit Union Acquires Heritage Southeast Bank

On March 31, 2021, VyStar Credit Union acquired financial services company Heritage Southeast Bank

Acquisition Highlights
  • This is VyStar Credit Union’s 1st transaction in the Financial Services sector.
  • This is VyStar Credit Union’s 1st transaction in the United States.
  • This is VyStar Credit Union’s 1st transaction in Georgia.

M&A Deal Summary
Date 2021-03-31
Target Heritage Southeast Bank
Sector Financial Services
Buyer(s) VyStar Credit Union
Deal Type Add-on Acquisition
Advisor(s) Hovde Group (Financial)
Bryan Cave Leighton Paisner (BCLP) (Legal)

Target

Heritage Southeast Bank

Jonesboro, Georgia, United States
Heritage Southeast Bank provides a well-rounded offering of commercial and consumer products through its three partner banks. Heritage Southeast Bank was founded in 1955 and is based in Jonesboro, Georgia.

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Buyer(S) 1

Buyer

VyStar Credit Union

Jacksonville, Florida, United States
Category Company
Founded 1952
Sector Financial Services
DESCRIPTION

VyStar Credit Union is a provider of financial services. VyStar Credit Union was founded in 1952 and is based in Jacksonville, Florida.

DEAL STATS #
Overall 1 of 1
Sector: Financial Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Georgia M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1
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