Deal Details
Merger with Farmers & Merchants Bancshares, Inc.
Summary
Baird served as buy-side advisor on this transaction.
About
Allegiance Bancshares, Inc. (“Allegiance”) recently completed the merger of Farmers & Merchants Bancshares, Inc. (“F&M”) with and into Allegiance, and the merger of F&M’s wholly owned subsidiary, Enterprise Bank, with and into Allegiance Bank Texas, the wholly owned subsidiary of Allegiance.Allegiance is a financial holding company formed in 2007. Prior to this merger, Allegiance operated 11 full service banking offices in Houston, Bellaire, Clear Lake and Katy, Texas. Operating under a community banking philosophy and seeking to develop long term customer relationships based on providing exceptional service, Allegiance offers a variety of traditional loan and deposit products to its customers, which consist primarily of small and medium sized businesses and customers. Allegiance is based in Houston, Texas.
Enterprise Bank operated 9 banking offices primarily in the Houston Metropolitan Area including an office in Mart, Texas and Rosebud, Texas. Enterprise Bank is headquartered in Houston, Texas.
For additional information about this transaction, please contact:
- Date
- January 2015
- Company
- Allegiance Bancshares, Inc.
- Transaction
- M&A
- Sectors
- Technology & Services
- Target Geography
- North America
- Acquiror Geography
- North America
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