LATEST
Janel agreed to acquire EnCor BiotechnologynewNightfood Holdings acquired Jun Long Machine IndustrialnewClimb Global Solutions acquired NeoVADnewValor Energy agreed to acquire Glorious StarOakley Capital / Global Loan Agency ServicesTA Associates / MedEnvision: majority stakeLSEG agreed to acquire OctusStord / AMS Fulfillment: investmentCencora agreed to acquire American Oncology NetworkAPEX / KoraiSmith & Wesson Brands agreed to acquire Long Range IntermediateBose acquired Skullcandy
Open App
Agreement signedPublished 3 May 2022

Primis Bank /
SeaTrust Mortgage Company

Primis Bank to purchase SeaTrust Mortgage Company

Price
$13.8m
Stage
Agreement signed
Buy side: Primis Bank
Buy sidePrimis Bank
Source · 3 May 2022
See the source
Buy side: Primis Bank
Buy sidePrimis Bank
01 / BuyerPrimis Bank
02 / TargetSeaTrust Mortgage Company
01

What happened

Primis Bank agreed to purchase all of the outstanding capital stock of SeaTrust Mortgage Company from Community First Bank, Inc. for $7,000,000 in cash.

At closing, Primis Bank would also repay approximately $13.8 million of SeaTrust’s outstanding indebtedness under certain warehouse lending facilities. The transaction is subject to customary closing conditions.

02

The source

Everything on this page comes from the source below.

01
Source · Source

Primis Bank to purchase SeaTrust Mortgage Company

This document is the source for the companies, stage, figure and people on this page.

Original filingUnlock with Pro
03

Timeline

Every date the source states, in order. Anything marked ahead is a target the source gives, not something that has happened.

  1. Published by the source

    The source this page is built from.

The same firms, in other deals

The firms' deal history and connections across other deals.

These firms' full profiles are part of Pro.

Request accessAlready invited? Sign in

Carrywatch Pro is by invitation. An invite lets you buy Pro.