Tag Archives: Raymond James & Associates

VersaBank Acquires Stearns Financial Services Subsidiary for $13.5MM

VersaBank, a provider of digital banking and cybersecurity solutions, signed a definitive agreement to acquire Minnesota-based Stearns Bank Holdingford, a privately-held, wholly-owned subsidiary of Stearns Financial Services, for $13.5 million.

United Community Banks Completes Merger with Reliant Bancorp

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.

Golub Capital Provides Debt Financing to Support Northleaf and AVALT’s Acquisition of AMAROK

Northleaf Capital Partners and AVALT acquired AMAROK, a provider of contracted perimeter security infrastructure solutions in the United States. Golub Capital provided debt financing for the transaction.

Allegiance Bank and CommunityBank of Texas to Merge

Allegiance Bancshares, the holding company of Allegiance Bank, and CBTX, the parent company of CommunityBank of Texas, will merge to create a combined company with an equity market capitalization of $1.5 billion.

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.