M&A · Financials · Buyer's industry: State Commercial Banks
Colony Bankcorp Inc to acquire TC Bancshares, Inc.
Announced Jul 23, 2025 · Closed Dec 1, 2025 · Private target
Deal value—
Premium—To unaffected price
EV / Adj. EBITDA—
ConsiderationCash and stock$21.25 per share
Transaction
- Acquirer
- Colony Bankcorp Inc (CBAN)
- Target
- TC Bancshares, Inc.
- Buyer type
- Strategic
- Offer price per share
- $21.25
- Enterprise value
- —
- Status
- Closed Dec 1, 2025
Deal protections
Not disclosed for private-company acquisitions.
Advisors
- To the acquirer
- Not disclosed
- To the target
- Not disclosed
Classification
- Sector
- Financials
- Buyer's industry
- State Commercial Banks