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New Deal


Announced

Guaranty Capital to acquire Lafayette.

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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United States

banking services

Single Bidder

Pending

bank

Friendly

Banks

Private

Majority

Acquisition

Domestic

Synopsis

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Guaranty Capital, a Texas-based commercial bank that offers personal and business banking services, agreed to acquire Lafayette, a provider of banking products and services. Financial terms were not disclosed. “We are pleased to partner with Oxford University Bank, a well-respected bank serving the Oxford and Pontotoc communities. Our shared values, centered on delivering a community bank experience, allows us to leverage our collective strengths and resources to provide even greater support and opportunities,” Hue Townsend, Guaranty Bank President and CEO.

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