M&A · Financials · Buyer's industry: National Commercial Banks
National Bankshares Inc to acquire Frontier Community Bank
Announced Jan 24, 2024 · Closed Jun 3, 2024 · Private target
Deal value$17M
Premium—To unaffected price
EV / Adj. EBITDA—
ConsiderationCash and stock
Transaction
- Acquirer
- National Bankshares Inc (NKSH)
- Target
- Frontier Community Bank
- Buyer type
- Strategic
- Offer price per share
- —
- Enterprise value
- —
- Status
- Closed Jun 3, 2024
Deal protections
Not disclosed for private-company acquisitions.
Advisors
- To the acquirer
- Piper Sandler
- To the target
- Performance Trust
Classification
- Sector
- Financials
- Buyer's industry
- National Commercial Banks