Bank of Wedowee’s (Wedowee, AL ) sale to First Bank of Alabama (Talladega, AL) was completed this week. The combined institution has approximately $540 million in total assets through six banking locations in east Alabama. Principals of Porter White &… Read More >
Bank of Wedowee Advised by PW&Co in Sale to First Bank of Alabama
Talladega, AL – FirstBanc of Alabama, Inc. of Talladega, AL and Swann Bancshares, Inc. of Wedowee, AL announced today the signing of a definitive agreement for FirstBanc, the parent company of First Bank of Alabama, to acquire Swann and its… Read More >
PW&Co Completes Sale of Nutec Metal Finishing
PW&Co served as the sell-side advisor to Nutec Metal Finishing (“Company”), an Alabama-based metal plating Company, on its sale to a confidential buyer. PW&Co’s investment banking team was led by Michael Stone and Kip Porter. The Company offers zinc electroplating,… Read More >
Intergenerational Transfers of Businesses
On August 4th of this year, the Internal Revenue Service issued proposed regulations under Internal Revenue Code Section 2704 designed to limit consideration of marketability and control factors in the valuation of family-held business interests in estate, gift and generation-skipping… Read More >
PWCo Assists Huntsville Construction Co. Sale
Porter, White & Co. assisted in the sale of Pearce Construction, a Huntsville-based general contractor, to senior members of its management team.
Exit Strategies: Finding a Way Out
PW&Co comments on best practices for business owners when making a succession plan for their company.
National & Local Upswing in M&A Activity
PW&Co comments on merger and acquisition activity in light of economic conditions.
