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New Deal


Announced

FirstSun Capital Bancorp to merge with HomeStreet in a $285m.

Financials

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Transaction Value£223m
Consideration TypeOrdinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium37%
One Off Charge-

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bank

United States

Banks

Domestic

Acquisition

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Friendly

Pending

Single Bidder

Public

Synopsis

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FirstSun Capital Bancorp, a financial holding company, agreed to merge with HomeStreet, a financial services company, in a $285m deal. “This merger validates the intrinsic value of HomeStreet’s loyal customer base, strong management and dynamic markets in which we operate and allows our shareholders to participate in the benefits of the combination going forward. The combined company will have an attractive and comprehensive product suite and market footprint as well as a more diversified loan portfolio and increased lending capabilities across asset classes, geographies and industry verticals,” Mark Mason, HomeStreet Chairman, CEO and President.

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