Deal Overview
Buyer:
Renasant Corporation
Target:
FirstBank's wholesale mortgage operations
Deal Type:
Specialty Finance Company
Agreement Date:
4/1/2019
Announcement Date:
4/1/2019
Announced Deal Value ($ M):
NA
Status:
Completed
Completion Date:
6/7/2019
Deal Terms
Description of Consideration
The terms of the deal were not disclosed.
| Percent Acquired (%) | NA |
| Purchase Method | Acquisition |
| Merger of Equals? | No |
| Estimated Cost Savings (%) | NA |
| Estimated Cost Savings ($ 000) | NA |
| Est. Restructuring Charges ($ 000) | NA |
Deal Advisers
Financial Advisers
| Party Advised | Adviser Hired? | Firm Name |
|---|---|---|
| Buyer | NA | NA |
| Seller | Yes | Stratmor Group |
Legal Counsel
| Party Advised | Adviser Hired? | Firm Name |
|---|---|---|
| Buyer | NA | NA |
| Seller | NA | NA |