M&A · Financials · Buyer's industry: State Commercial Banks
Civista Bancshares, Inc. to acquire Comunibanc Corp.
Announced Jan 10, 2022 · Closed Jul 1, 2022 · Private target
Deal value$50M
Premium—To unaffected price
EV / Adj. EBITDA—
ConsiderationCash and stock$60.59 per share
Transaction
- Acquirer
- Civista Bancshares, Inc. (CIVB)
- Target
- Comunibanc Corp.
- Buyer type
- Strategic
- Offer price per share
- $60.59
- Enterprise value
- —
- Status
- Closed Jul 1, 2022
Deal protections
Not disclosed for private-company acquisitions.
Advisors
- To the acquirer
- Stephens
- To the target
- ProBank Austin
Classification
- Sector
- Financials
- Buyer's industry
- State Commercial Banks