This report explores a few key statistics that paint a picture of the Birmingham area economy. Our Birmingham Area Economic Report places the Birmingham area economy in a state, regional and national context. Click here to download the full report… Read More >
First Southern State-Vantage Merger Complete
On October 31, 2019 First Bancshares of Stevenson, Inc. of Stevenson, AL (“FBS”) and Vantage Bancshares, Inc. of Albertville, AL announced the closing of their merger which combines two well-respected banking franchises and creates a $525 million institution. The company… Read More >
River Bank-Trinity Bank Merger Complete
On October 31, 2019 River Financial Corporation of Prattville, AL and Trinity Bancorp, Inc. of Dothan, AL announced the closing of their merger which combines two well-respected banking franchises and creates a $1.30 billion institution operating in three of Alabama’s… Read More >
Birmingham Area Economic Report, Q2 2019
This report explores a few key statistics that paint a picture of the Birmingham area economy. Our Birmingham Area Economic Report places the Birmingham area economy in a state, regional and national context. Click here to download the full report… Read More >
What’s It Worth, Summer 2019
U.S. private equity deal activity remains robust and continued fundraising and private equity dry powder (funds raised but not yet invested) will drive competition and push deal prices upwards. Private equity firms continue to search aggressively for smaller deals in… Read More >
CB&S Bank-PrimeSouth Bank Complete Merger
On July 31, 2019 CBS-Banc Corp. of Russellville, AL and PrimeSouth Bancshares, Inc. of Pike Road, AL announced the closing of their merger which combines two well-respected banking franchises and creates a $1.9 billion institution operating in three of Alabama’s… Read More >
PW&Co Advises First Southern State Bank in Acquisition
First Bancshares of Stevenson, Inc. of Stevenson, AL (“FBS”) and Vantage Bancshares, Inc. of Albertville, AL (“Vantage”) announced yesterday the signing of a definitive agreement under which FBS and Vantage will enter into a strategic merger to combine two well-respected… Read More >
What’s It Worth, Spring 2019
U.S. private equity deal activity and total transaction value dipped slightly in Q1 2019, but prices on completed deals remain elevated. Continued record-breaking fundraising efforts and private equity dry powder (funds raised but not yet invested) will likely continue to… Read More >
Birmingham Area Economic Report, Q4 2018
This report explores a few key statistics that paint a picture of the Birmingham area economy. Our Birmingham Area Economic Report places the Birmingham area economy in a state, regional and national context. Click here to download the full report… Read More >
PW&Co Advises Trinity Bank in Merger
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… Read More >
PWC Advises PrimeSouth Bank in Merger
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… Read More >
BankFirst-FNB of Central AL Complete Merger
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… Read More >
BancorpSouth-Merchants Complete Merger
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… Read More >
Middle-Market M&A Update
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… Read More >
PW&Co Completes Sale of Supreme Cores
PW&Co, a Birmingham investment bank, acted as the exclusive sell-side advisor to Supreme Cores of the Carolinas, Inc. and its subsidiary Supreme Cores Alabama, Inc. (“together, “Company” or “Supreme Cores”) in their sale to JBA Capital (Columbus, GA). The Company… Read More >
PW&Co Advises on $301,055,000 BJCC Stadium and Arena Financing
Porter White & Company, a Birmingham-based municipal advisor, advised the Birmingham-Jefferson Civic Center Authority (BJCC) on its $301,055,000 financing for construction of a multi-purpose outdoor stadium and renovation of its Legacy Arena. The complex financing utilized six different series of… Read More >
Peoples Southern Merges with River B&T
River Financial Corporation of Prattville, AL and PSB Bancshares, Inc. of Clanton, AL have closed their merger, effective October 31, 2018. The combined bank has approximately $1.1 billion in total assets, $700 million in total loans and $900 million in… Read More >
Peoples Southern Bank Advised by Porter White in Merger with River Bank & Trust
River Financial Corporation of Prattville, AL and PSB Bancshares, Inc. of Clanton, AL announced last week the signing of a definitive agreement under which River Bank & Trust and Peoples Southern Bank will enter into a strategic merger to combine… Read More >
