Acquiring Company
United Community Banks
Acquired Company
Peach State Bancshares
Description
United Community Banks, Inc. has executed a definitive merger agreement to acquire Peach State Bancshares, Inc. The merger includes Peach State Bank, and the total transaction value is approximately $100.8 million. Under the agreement, Peach State shareholders may choose cash or stock as consideration. The merger is expected to enhance United's earnings per share in 2027.
Quick answer
United Community Banks is acquiring Peach State Bancshares, announced April 21, 2026. United Community Banks is based in Greenville, South Carolina, United States.
- How much did United Community Banks pay for Peach State Bancshares?
- The deal value was not disclosed.
- What does United Community Banks do?
- United Community Banks, Inc. (NASDAQ: UCBI) is the financial holding company for United Community, a top 100 US financial institution that is committed to improving the financial health and well-being of its customers..
- Where are United Community Banks and Peach State Bancshares based?
- United Community Banks is based in Greenville, South Carolina, United States. Peach State Bancshares is based in Gainesville, Georgia, United States.
- Who are the decision-makers at United Community Banks?
- Fundz holds 1 contact at United Community Banks. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at United Community Banks, and when
When United Community Banks changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day United Community Banks raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at United Community Banks, from your own LinkedIn network
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Frequently asked
Who acquired Peach State Bancshares?
Peach State Bancshares was acquired by United Community Banks, based in Greenville. The deal was reported on April 21, 2026. United Community Banks, Inc. United Community Banks is publicly traded (UCB) and operates in Financial Services.
When did United Community Banks acquire Peach State Bancshares?
United Community Banks's acquisition of Peach State Bancshares was reported on April 21, 2026. United Community Banks, Inc. has executed a definitive merger agreement to acquire Peach State Bancshares, Inc. The merger includes Peach State Bank, and the total transaction value is approximately $100.8 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Peach State Bancshares do?
Peach State Bancshares, Inc. is the parent company of Peach State Bank & Trust. Founded in 2005, the bank is known for its commitment to customer service and community support. It is privately held, operating in Financial Services, and is based in Gainesville.
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