Piper Sandler added Andrew Deming as a managing director in its Minneapolis office. Deming’s hire comes on the heels of recent hires Michael Milewski and Frank Hammond as vice president and managing director, respectively.
Harbor Custom Development, a real estate company involved in all aspects of the land development cycle, closed a senior secured revolving credit facility with BankUnited.
Webster Financial and Sterling Bancorp completed their previously announced merger. The combined company is a financial institution with a funding base that includes HSA Bank as well as consumer and commercial banking businesses.
On Jan. 1, United Community Banks completed its merger with Reliant Bancorp, including its wholly-owned subsidiary, Reliant Bank, which was merged with and into United’s bank subsidiary, United Community Bank, and will now operate under the United brand.
Business First Bancshares, the holding company for b1BANK, and Texas Citizens Bancorp signed a definitive agreement under which Business First will acquire Texas Citizens Bancorp and its wholly-owned bank subsidiary, Texas Citizens Bank.
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, 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.
GTT Communications entered into a restructuring support agreement with key stakeholders, including holders of a majority of its secured and unsecured debt and I Squared Capital, to implement a restructuring of the company’s remaining balance sheet.
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.
Bridge to Life, a global supplier of organ preservation solutions and organ perfusion technologies, closed a growth financing deal totaling $56 million and led by Perceptive Advisors, a life sciences investment firm.