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New Deal


Announced

Completed

Home Bancorp completed the acquisition of Friendswood Capital for $67m.

Financials

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Transaction Value£50m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

United States

Domestic

bank holding company

Acquisition

Merger

Friendly

Single Bidder

Banks

Majority

Completed

Synopsis

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Home Bancorp, the holding company of the 113-year-old Home Bank, completed the acquisition of Friendswood Capital, the holding company of Texan Bank, for $67m. "Our company has always focused on serving our customers and communities with a professional team of bankers. Home Bank shares the same focus. With a broader range of products and services, we believe the combined companies will serve and achieve great success as one of the strongest community banks in the area," Kenny Koncaba, Friendswood CEO.

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