Summit Financial Group, Inc. Completes Acquisition Of Psb Holding Corp. And Subsidiary, Provident State Bank
Acquiring Company
Summit
Acquired Company
Denominator
Kelowna
New YorkSoftwareSaaSAnalyticsInsuranceAnalyticsDescription
Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF) announces completion, effective April 1, 2023, of the acquisition of PSB Holding Corp. and its subsidiary, Provident State Bank, Inc., headquartered in Preston, Maryland.
Quick answer
Summit is acquiring Denominator and Provident State Bank, announced April 3, 2023. Summit is based in Kelowna, British Columbia, Canada.
- How much did Summit pay for Denominator?
- The deal value was not disclosed.
- What does Summit do?
- Summit Innovations is a world leader in the development and provision of drive-thru timing and management solutions to leading Quick Service Restaurant (QSR) brands across the globe.
- Where are Summit and Denominator based?
- Summit is based in Kelowna, British Columbia, Canada. Denominator is based in New York, New York, United States.
- Who are the decision-makers at Summit?
- Fundz holds 1 contact at Summit. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Summit, and when
When Summit changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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- The decision-makers there, with verified emails
- Who you already know at Summit, from your own LinkedIn network
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Frequently asked
Who acquired Denominator?
Denominator was acquired by Summit, based in Kelowna. The deal was reported on April 3, 2023. Summit Innovations is a world leader in the development and provision of drive-thru timing and management solutions to leading Quick Service Restaurant (QSR) brands across the globe. Summit is privately held and operates in Software.
When did Summit acquire Denominator?
Summit's acquisition of Denominator was reported on April 3, 2023. Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF) announces completion, effective April 1, 2023, of the acquisition of PSB Holding Corp. and its subsidiary, Provident State Bank, Inc., headquartered in Preston, Maryland. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Denominator do?
Denominator provides fact-based data and ratings on Diversity, Equity, & Inclusion (DEI) across private and public companies, industries, and countries. We cover more than 3 million companies, 85+ industries, and 190+ countries. It is privately held, operating in Analytics, and is based in New York.
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