News

River Financial Corporation of Prattville, AL and Trinity Bancorp, Inc. of Dothan, AL announced today the signing of a definitive agreement under which River and Trinity will enter into a strategic merger to combine two well-respected banking franchises and create a $1.25 billion institution operating...

CBS-Banc Corp. of Russellville, AL and PrimeSouth Bancshares, Inc. of Pike Road, AL announced today the signing of a definitive agreement under which CBS and PrimeSouth will enter into a strategic merger to combine two well-respected banking franchises and create a $1.9 billion institution operating...

On April 1, 2019 BankFirst Capital Corporation of Columbus, MS and FNB Bancshares of Central Alabama, Inc. of Tuscaloosa, AL announced the closing of their merger that combines two well-respected banking franchises. The merger creates a $1.3 billion institution and expands BankFirst's presence in Alabama,...

On April 1, 2019 BancorpSouth Bank of Tupelo, MS (NYSE: BXS) and Merchants Trust, Inc. of Jackson, AL announced the closing of their merger that combines two well-respected banking franchises. The merger expands BancorpSouth's presence in southwest Alabama, including the vibrant Mobile market. The merger consideration...

Last month, PW&Co attended a professional conference with over 1,000 middle-market private equity professionals and other capital providers. The story we have heard for the past few years continued – competition to invest capital and close deals has continued to drive up valuation multiples. Based on...