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New Deal


Announced

Completed

Old National Bancorp completed the acquisition of CapStar Financials Holdings for $344m.

Financials

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Transaction Value£283m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Banks

Majority

Domestic

bank holding company

Acquisition

United States

Private

Merger

Friendly

Single Bidder

Completed

Synopsis

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Old National Bancorp, an American regional bank, completed the acquisition of CapStar Financials Holdings, a bank holding company, for $344m. “This partnership with CapStar – one of the most highly respected and successful community banks in Tennessee – is a tremendous cultural fit and a natural extension of our growth strategy. By establishing a full-service banking presence in Nashville and several other strong Tennessee and North Carolina communities, we can more fully serve our existing Nashville-area clients while also introducing our client- and community-focused brand of banking to the surrounding region," Jim Ryan, Old National CEO.

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