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New Deal


Announced

Completed

Dollar Mutual completed the acquisition of Standard AVB for $158m.

Financials

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Transaction Value£124m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Synopsis

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Dollar Mutual, a mutual holding company, completed the acquisition of Standard AVB Financial, a holding company which through its subsidiaries, provides commercial banking services, for $158m. "We are ecstatic to announce the completion of this merger and welcome Standard Bank into the Dollar family. This merger allows us to expand our footprint in the region and align with bankers who share our commitment to the customers and communities we serve," Jim McQuade, Dollar Mutual President and CEO.

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