Tag: Acquisition

Acquisitive Thinking - Why We Did It: Gateway Financial

Gateway Financial Acquisition and why we did it

Yesterday, we announced our second merger of the year with the purchase of Gateway Financial. Gateway is a three bank holding company and totals $8880mm in assets and nine branches located in central Florida. Combined, that makes us $6.5B in assets with 85 branches spread throughout Florida and cements our position as the second largest community bank headquartered in Florida. In this post, we discuss what this transaction looks like and detail why we did this.

 

The Background

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