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Announced

Completed

FirstSun Capital Bancorp and Sunflower Bank completed the acquisition of Pioneer Bancshares.

Financials

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

Tags

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United States

Domestic

Single Bidder

Private

Friendly

bank

Banks

Majority

Acquisition

Completed

Synopsis

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FirstSun Capital Bancorp, a bank holding company, and Sunflower Bank, a bank operator, completed the acquisition of Pioneer Bancshares, a bank operator. Financial terms were not disclosed. "We are thrilled to welcome Pioneer Bank's customers and associates to the Sunflower family. We believe the additions brought by Pioneer will complement our growing presence in Texas and will be a perfect fit with our existing customer base and relationship-driven philosophy," Mollie Carter, FirstSun Chairman.

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