News
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...
Porter White & Company, a Birmingham-based investment bank, is pleased to announce that it has advised on the sale of an industrial manufacturing company to JBA Capital, LLC. The terms of the asset sale transaction were not disclosed. As the Company’s exclusive investment banker, PW&Co prepared...
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 total deposits and has fourteen...
