Alston & Bird Represents Builtwell Bancorp in Acquisition of Bradley County Financial

Alston & Bird represented The First Bancshares in its $1.2 billion merger with Renasant Corporation, combining two of the largest banks headquartered in Mississippi and creating a six-state Southeast banking franchise with approximately $25 billion in total assets. The all-stock transaction is expected to be completed in the first half of 2025, subject to customary closing conditions.

Alston & Bird client Bank First Corporation, the holding company for Bank First N.A., has announced a definitive agreement to acquire Denmark Bancshares Inc., parent company of Denmark State Bank, in a deal valued at approximately $119 million.

Alston & Bird client The First Bancshares, Inc., holding company for The First, A National Banking Association, announced that it plans to acquire First Florida Bancorp, Inc., the parent company of First Florida Bank, for approximately $85 million.

Alston & Bird client The First Bancshares, Inc., holding company for The First, A National Banking Association, has entered into an agreement to acquire Sunshine Financial, Inc. and its banking subsidiary, Sunshine Community Bank, for approximately $32 million.

Alston & Bird represented Piedmont Bancorp, the parent company of The Piedmont Bank, in its $267 million acquisition by United Bankshares, the parent company of United Bank, making United the 39th-largest banking company in the United States based on market capitalization. Piedmont is a $2.1 billion asset bank holding company headquartered in Georgia. Through The Piedmont Bank, Piedmont operates 16 locations in the Atlanta area and North Georgia dedicated to exceptional service and innovative products for both business and personal banking.