.
MergerLinks Header Logo

New Deal


Announced

Origin Bank to acquire BTH Bank for $314m.

Financials

Edit Data
Transaction Value£230m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Banks

Majority

Domestic

bank

Single Bidder

Friendly

Private

Pending

United States

Acquisition

Synopsis

Edit

Origin Bank, a bank in Louisiana, agreed to acquire BTH Bank, a bank in Texas, for $314m. “I am excited to bring our strong teams together and expand our Texas franchise. These two companies have been passionately committed to community banking for more than 100 years and are deeply rooted in the communities we serve. I firmly believe that our cultural alignment and shared values provide an ideal combination to drive growth and long-term value for our employees, customers, communities and shareholders," Drake Mills, Origin bank Chairman, President and CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US