Home > M&A deals 2009 > State Bank Financial Corp acquires Security Bank Corp.
Divestiture · Financial Services · July 2009

State Bank Financial Corp acquires Security Bank Corp.

On July 24, 2009, State Bank Financial Corp acquired Security Bank Corp., a financial services company in Georgia, United States, from Federal Deposit Insurance Corp.

Deal at a glance

AnnouncedJuly 24, 2009 TypeDivestiture TargetSecurity Bank Corp. Buyer State Bank Financial Corp Seller Federal Deposit Insurance Corp. SectorFinancial Services LocationGeorgia, United States ValueNot disclosed

Target company

Security Bank Corp.
Georgia, United States
Financial Servicessector
-founded
Activestatus
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Buyer

Company · 5 deals on record
  • 1st transaction in financial services
  • 1st transaction in United States
5deals, all time
4in this sector
2017latest

Seller

Company · 10 deals on record
10investments
10in this sector
10exits

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Questions about this deal

Who acquired Security Bank Corp.?State Bank Financial Corp acquired Security Bank Corp. on July 24, 2009.

Who sold Security Bank Corp.?Federal Deposit Insurance Corp. was the seller.

What type of deal was it?It was a divestiture in the financial services sector in 2009.

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