Tag Archives: Piper Sandler

BankPlus Acquires First Bank and Trust

BancPlus Corporation, the parent company of BankPlus, and First Trust Corporation, the parent company of First Bank and Trust, signed a definitive merger agreement pursuant to which BancPlus will acquire First Trust Corporation.

Peoples Bancorp Completes Acquisition of Premier Financial Bancorp

Peoples Bancorp, parent company of Peoples Bank, completed its acquisition of Premier Financial Bancorp and Premier’s wholly-owned subsidiaries, Premier Bank and Citizens Deposit Bank & Trust. The acquisition became effective as of the close of business on Sept. 17.

Seacoast Bank Acquires Sabal Palm Bank and Florida Business Bank

Seacoast Banking Corporation of Florida, the holding company for Seacoast Bank, entered into agreements to acquire Sabal Palm Bancorp, parent company of Sabal Palm Bank, and Business Bank of Florida, parent company of Florida Business Bank.

Tree Line and Bridge Bank Support Bessemer Investors’ Acquisition of Stake in Legacy Restoration

Bessemer Investors, a New York-based investment firm, acquired a stake in Legacy Restoration, a provider of exterior restoration and remodeling services. Tree Line Capital Partners and Bridge Bank, a division of Western Alliance Bank, provided debt financing for the transaction.

Newtek Business Services Acquires National Bank of New York City

Newtek Business Services, an internally managed business development company, entered into an agreement to acquire National Bank of New York City for $20 million in cash. The acquisition is part of a plan to reposition Newtek as a bank holding company.

Citizens Financial Enters Merger Agreement with Investors Bancorp, Transaction Valued at $3.5B

Citizens Financial Group and Investors Bancorp entered into a definitive agreement and plan of merger under which Citizens will acquire all of the outstanding shares of Investors for a combination of stock and cash.

CVB Financial and Suncrest Bank to Merge, Transaction Valued at $204MM

CVB Financial and Suncrest Bank entered into an agreement and plan of reorganization and merger pursuant to which Suncrest Bank will merge with and into Citizens Business Bank in a stock and cash transaction valued at approximately $204 million.

Blue Ridge and FVCB Sign Definite Merger Agreement

Blue Ridge Bankshares, the parent company of Blue Ridge Bank, and FVCBankcorp, the parent company of FVCbank, entered into a definitive agreement pursuant to which the companies will combine in an all-stock merger of equals.