Home > M&A deals 2020 > MVB Financial Corp. acquires The First State Bank - Deposits and Certain Assets
Divestiture · Financial Services · April 2020

MVB Financial Corp. acquires The First State Bank - Deposits and Certain Assets

On April 3, 2020, MVB Financial Corp. acquired The First State Bank - Deposits and Certain Assets, a financial services company in Georgia, United States, from The First State Bank.

Deal at a glance

AnnouncedApril 3, 2020 TypeDivestiture TargetThe First State Bank - Deposits and Certain Assets Buyer MVB Financial Corp. Seller The First State Bank SectorFinancial Services LocationGeorgia, United States ValueNot disclosed

Target company

The First State Bank - Deposits and Certain Assets
Georgia, United States
Financial Servicessector
2008founded
Activestatus
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Buyer

MVB Financial Corp.
Company · 8 deals on record
  • 1st transaction in financial services
  • 1st transaction in United States
8deals, all time
4in this sector
2022latest

Seller

The First State Bank
Company · 1 deal on record
1investments
1in this sector
1exits

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Questions about this deal

Who acquired The First State Bank - Deposits and Certain Assets?MVB Financial Corp. acquired The First State Bank - Deposits and Certain Assets on April 3, 2020.

Who sold The First State Bank - Deposits and Certain Assets?The First State Bank was the seller.

What type of deal was it?It was a divestiture in the financial services sector in 2020.

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