M&A · Financials · Buyer's industry: Short-Term Business Credit Institutions
Plumas Bancorp to acquire Cornerstone Community Bancorp
Announced Jan 29, 2025 · Closed Jul 2, 2025 · Private target
Deal value$65M
Premium—To unaffected price
EV / Adj. EBITDA—
ConsiderationCash and stock$41.31 per share
Transaction
- Acquirer
- Plumas Bancorp (PLBC)
- Target
- Cornerstone Community Bancorp
- Buyer type
- Strategic
- Offer price per share
- $41.31
- Enterprise value
- —
- Status
- Closed Jul 2, 2025
Deal protections
Not disclosed for private-company acquisitions.
Advisors
- To the acquirer
- Not disclosed
- To the target
- Performance Trust
Classification
- Sector
- Financials
- Buyer's industry
- Short-Term Business Credit Institutions