Austin Bank to acquire Chasewood Bank.

Synopsis

Austin Bank, a bank, agreed to acquire Chasewood Bank, a bank in Houston. Financial terms were not disclosed. “We have confidence that Austin Bank is the right choice for our bank and its customers. We look forward to becoming part of the Austin Bank family because of its commitment to quality and highly personalized service,” Bob Tyer, Chasewood President/CEO.

Principals

target

Chasewood Bank

bidder

Austin Bank

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Market Context

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Seller Team (1)

bob tyer

President/CEO at CHASEWOOD BANK

Manager

target

Deal

n/a

Total Value

Bidder Team (4)

jeff austin

Senior Chairman of the Board at AUSTIN BANK

Manager

bidder

Deal

n/a

Total Value

russ gideon

President/CEO at AUSTIN BANK

Manager

bidder

Deal

n/a

Total Value

brian r. marek

Partner at Hunton Andrews Kurth

Lawyer

bidder

Deal

n/a

Total Value

jake stribling

Associate at Hunton Andrews Kurth

Lawyer

bidder

Deals

n/a

Total Value

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