M&A · Financials · Buyer's industry: National Commercial Banks
City Holding Co to acquire Citizens Commerce Bancshares
Announced Oct 18, 2022 · Closed Mar 13, 2023 · Private target
Deal value$61M
Premium—To unaffected price
EV / Adj. EBITDA—
ConsiderationAll stock
Transaction
- Acquirer
- City Holding Co (CHCO)
- Target
- Citizens Commerce Bancshares
- Buyer type
- Strategic
- Offer price per share
- —
- Enterprise value
- —
- Status
- Closed Mar 13, 2023
Deal protections
Not disclosed for private-company acquisitions.
Advisors
- To the acquirer
- Piper Sandler
- To the target
- Not disclosed
Classification
- Sector
- Financials
- Buyer's industry
- National Commercial Banks