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Announced

Completed

Renasant completed the acquisition of Republic Business Credit.

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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Private

Majority

Consumer Lending

United States

Friendly

Completed

Domestic

Single Bidder

Acquisition

finance provider

commercial finance company

Synopsis

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Renasant, an American regional commercial financial institution, completed the acquisition of Republic Business Credit, formally known as Continental Republic Capital, a commercial finance company. Financial terms were not disclosed. “We are excited to welcome Republic Business Credit to Renasant Bank. RBC has a track-record of growth, profitability and strong asset quality. This partnership allows Renasant to add depth to lines of business where we have expertise and have experienced success," Mitch Waycaster, Renasant President and CEO.

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