Acquiring Company
Coastal Carolina Bancshares
Acquired Company
Beacon Holding Company
GeorgiaPuerto RicoFinancial ServicesFinanceLendingBankingFinancial ServicesFinanceLendingBankingDescription
Coastal Carolina Bancshares, Inc. has successfully completed its merger with Beacon Holding Company. This merger creates a bank with approximately $2.3 billion in assets. The deal aims to enhance market presence and operational efficiency. The integration of both operations is expected to be completed by early 2027.
Fundz sees it the moment Coastal Carolina Bancshares makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Frequently asked
Who acquired Beacon Holding Company?
Beacon Holding Company was acquired by Coastal Carolina Bancshares, based in Georgia. The deal was reported on October 1, 2026. Coastal Carolina Bancshares, Inc. is a financial institution providing banking services. The company has reported significant growth in net income and has a strong deposit and loan growth. Coastal Carolina Bancshares is publicly traded (CCNB) and operates in Financial Services.
When did Coastal Carolina Bancshares acquire Beacon Holding Company?
Coastal Carolina Bancshares's acquisition of Beacon Holding Company was reported on October 1, 2026. Coastal Carolina Bancshares, Inc. has successfully completed its merger with Beacon Holding Company. This merger creates a bank with approximately $2.3 billion in assets. The deal aims to enhance market presence and operational efficiency. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Beacon Holding Company do?
Beacon Holding Company is a banking entity focused on serving the Carolinas. It operates several branches and offers various financial services. The company is known for its community-focused approach. It is privately held, operating in Financial Services, and is based in Puerto Rico.
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