M&A · Financials · Buyer's industry: State Commercial Banks
Investar Holding Corp to acquire Cheaha Financial Group
Announced Jan 25, 2021 · Closed Apr 1, 2021 · Private target
Deal value$41M
Premium—To unaffected price
EV / Adj. EBITDA—
ConsiderationAll cash
Transaction
- Acquirer
- Investar Holding Corp (ISTR)
- Target
- Cheaha Financial Group
- Buyer type
- Strategic
- Offer price per share
- —
- Enterprise value
- —
- Status
- Closed Apr 1, 2021
Deal protections
Not disclosed for private-company acquisitions.
Advisors
- To the acquirer
- Janney Montgomery Scott
- To the target
- Not disclosed
Classification
- Sector
- Financials
- Buyer's industry
- State Commercial Banks