M&A · Financials · Buyer's industry: State Commercial Banks
First Financial Corp to acquire SimplyBank
Announced Nov 13, 2023 · Closed Jul 3, 2024 · Private target
Deal value$73M
Premium—To unaffected price
EV / Adj. EBITDA—
ConsiderationAll cash$718.38 per share
Transaction
- Acquirer
- First Financial Corp (THFF)
- Target
- SimplyBank
- Buyer type
- Strategic
- Offer price per share
- $718.38
- Enterprise value
- —
- Status
- Closed Jul 3, 2024
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