M&A · Financials · Buyer's industry: State Commercial Banks
Southern States Bancshares, Inc. to acquire CBB Bancorp
Announced Aug 1, 2024 · Closed Aug 1, 2024 · Private target
Deal value—
Premium—To unaffected price
EV / Adj. EBITDA—
ConsiderationCash and stock
Transaction
- Acquirer
- Southern States Bancshares, Inc. (SSBK)
- Target
- CBB Bancorp
- Buyer type
- Strategic
- Offer price per share
- —
- Enterprise value
- —
- Status
- Closed Aug 1, 2024
Deal protections
Not disclosed for private-company acquisitions.
Advisors
- To the acquirer
- Not disclosed
- To the target
- Not disclosed
Classification
- Sector
- Financials
- Buyer's industry
- State Commercial Banks