M&A · Financials · Buyer's industry: State Commercial Banks
United Bankshares Inc to acquire Piedmont
Announced May 10, 2024 · Closed Jan 10, 2025 · Private target
Deal value—
Premium—To unaffected price
EV / Adj. EBITDA—
ConsiderationAll stock
Transaction
- Acquirer
- United Bankshares Inc (UBSI)
- Target
- Piedmont
- Buyer type
- Strategic
- Offer price per share
- —
- Enterprise value
- —
- Status
- Closed Jan 10, 2025
Deal protections
Not disclosed for private-company acquisitions.
Advisors
- To the acquirer
- Raymond James
- To the target
- Piper Sandler
Classification
- Sector
- Financials
- Buyer's industry
- State Commercial Banks