.
MergerLinks Header Logo

New Deal


Announced

MVB Financial terminated the $98m acquisition of Integrated Financial Holdings.

Synopsis

MVB Financial, the holding company for MVB Bank, terminated the $98m acquisition of Integrated Financial Holdings, a financial services holding company that specializing in small business lending solutions. “Due primarily to the changes that have occurred in the banking industry since the announcement of the transaction, the termination of the merger agreement with IFHI is the right decision at this time for the shareholders of both companies. MVB will continue our working relationship with Windsor Advantage, IFHI’s wholly owned subsidiary providing comprehensive SBA 7(a) and USDA lending services to community banks. MVB’s diversified business model keeps our balance sheet strong through changing marketing conditions," Larry F. Mazza, MVB Financial CEO. On January 26, 2023, MVB Financial and Integrated Financial announce shareholder approval of merger agreement.

Show Details & Financials

Market Context

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

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

CONTACT US