Peoples Financial Services and FNCB Bancorp entered into a definitive agreement under which Peoples and FNCB will combine in an all-stock strategic merger valued at approximately $129 million.
Burke & Herbert Financial Services and Summit Financial Group entered into a definitive agreement under which Summit will merge with and into Burke & Herbert in an all-stock merger of equals valued at approximately $371.5 million.
LINKBANCORP, parent company of LINKBANK, and Partners Bancorp entered into a definitive agreement under which the companies will combine in an all-stock combination, valued at approximately $167.8 million, based on LINK’s 10 day volume-weighted average price of $8.08 as of Feb. 21.
Resolute Forest Products reset the five-year maturity of its senior secured asset-based revolving credit facility with an aggregate lender commitment of up to $450 million. A syndicate of six banks provided the ABL credit facility, with Bank of America as administrative agent and collateral agent.
OceanFirst Financial and Partners Bancorp entered into a definitive agreement and plan of merger pursuant to which Partners will merge into OceanFirst, with OceanFirst surviving.
SouthState Corporation and Atlantic Capital Bancshares signed a definitive agreement pursuant to which Atlantic Capital will merge with and into SouthState in an all-stock transaction with an aggregate value of approximately $542 million.
Houlihan Lokey Capital and Wells Fargo Securities are serving as financial advisors to AmeriHome in the company’s sale to Western Alliance Bank.
Monroe Capital and Wells Fargo provided debt financing to Southfield Capital and Protos Security in the companies’ acquisition of Mulligan Security, a U.S.-based direct guard and fire safety solutions provider.