Cathay Bank acquires United Heritage Bank

On March 30, 2007, Cathay Bank acquired United Heritage Bank, a financial services company in New Jersey, United States.

Deal at a glance

AnnouncedMarch 30, 2007 TypeAdd-on Acquistion TargetUnited Heritage Bank Buyer Cathay Bank SectorFinancial Services LocationNew Jersey, United States ValueMembers only

Target company

United Heritage Bank

New Jersey, United States

Financial Servicessector

-founded

Activestatus

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Buyer

Cathay Bank

Company · 1 deal on record

1st transaction in financial services
1st transaction in United States

1deals, all time

1in this sector

2007latest

Members only

Contact details at the buyers and sellers

The full deal history of every party

Co-investors and the other advisors on this deal

Deal value and revenue or EBITDA multiples

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Questions about this deal

Who acquired United Heritage Bank?Cathay Bank acquired United Heritage Bank on March 30, 2007.

What type of deal was it?It was a add-on acquistion in the financial services sector in 2007.

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