Home > M&A deals 2003 > Prosperity Bancshares. Inc. acquires MainBancorp, N.A.
Add-on Acquistion · Financial Services · July 2003

Prosperity Bancshares. Inc. acquires MainBancorp, N.A.

On July 21, 2003, Prosperity Bancshares. Inc. acquired MainBancorp, N.A., a financial services company in Texas, United States, from Ballast Point Ventures.

Deal at a glance

AnnouncedJuly 21, 2003 TypeAdd-on Acquistion TargetMainBancorp, N.A. Buyer Prosperity Bancshares. Inc. Seller Ballast Point Ventures SectorFinancial Services LocationTexas, United States ValueNot disclosed

Target company

MainBancorp, N.A.
Texas, United States
Financial Servicessector
-founded
Activestatus
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Buyer

Company · 11 deals on record
  • 1st transaction in financial services
  • 1st transaction in United States
11deals, all time
4in this sector
2015latest

Seller

Private equity firm · 49 deals on record
49investments
3in this sector
27exits

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Questions about this deal

Who acquired MainBancorp, N.A.?Prosperity Bancshares. Inc. acquired MainBancorp, N.A. on July 21, 2003.

Who sold MainBancorp, N.A.?Ballast Point Ventures was the seller.

What type of deal was it?It was a add-on acquistion in the financial services sector in 2003.

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