Years later, financial institutions are still dealing with the fallout from the financial crisis of 2008. Dodd-Frank, enacted in 2010 to prevent such an economic catastrophe from ever occurring again, brought on a barrage of regulations that have increased compliance costs. These factors have made consolidation among community banks a top trend in the industry over the last year.
Brown Smith Wallace can assist with buy-side and sell-side advisory services in order to assist financial institutions that are planning mergers, acquisitions, or divestitures. Services provided may include the following: searching for prospective buyers or targets; preparing information memoranda or solicitation letters; analyzing the value of subject operations or targets; assessing offers received or preparing offers; and assisting in negotiations.
We are also able to help financial institutions with their due diligence process, involving a review of pertinent accounting and organizational data, an assessment of critical value drivers, site visits, and key management interviews.