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New Deal


Announced

Happy Bancshares to merge with Home BancShares for $919m.

Financials

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Transaction Value£663m
Consideration TypeOrdinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Banks

Single Bidder

Domestic

Friendly

United States

financial services

Pending

Majority

Acquisition

Private

bank holding company

Merger

Synopsis

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Happy Bancshares, a bank holding company, agreed to merge with Home BancShares for $919m. "Happy State Bank is excited to join forces with one of the top-performing banks in the country. Centennial Bank is one of the few banks that has grown even faster and stronger than Happy, and with a similar mix of serving both small towns and metropolitan areas, they check every box when it comes to taking care of customers, stockholders and employees. It’s just a great match. I have to say it…we’re happy to be joining the HOMB team," J. Pat Hickman, Happy Bancshares Chairman.

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