December 19, 2017
Authored by: Jonathan Hightower and Robert Klingler
We are looking forward to running the M&A Simulation at Bank Director’s 2018 Acquire or Be Acquired Conference with our friends at FIG Partners. This is the second year we’ve teamed up with FIG Partners to present a simulation of the community bank merger and acquisition sale process. We’ve identified the basics of this year’s fictional banks, and are looking forward to another exciting simulation.
The simulation is an exclusive session at Acquire or Be Acquired, is open to 45 bank attendees only and fills up quickly. If you’re planning to attend AOBA and want to ensure your spot in the simulation, please contact us. If you’re interested in attending and haven’t already registered the conference, please contact us to receive our sponsorship code for a $400 discount.
The 2017 simulation involved competing bidders for a billion dollar community bank, identified as Bank A. Bank B, a $1.3 billion institution, offered a merger of equals opportunity, hoping that one plus one could equal three, while Bank C, a $6 billion institution with strong organic growth, was able to win the hearts and minds of Bank A with a strong all stock offer. The simulation ultimately mirrored what we often see, small buyers must be very creative or seek opportunities that are not coveted by larger, more highly valued public buyers. See our write-up of the 2017 M&A Simulation for additional information.
For potential buyers and sellers, the M&A simulation offers a unique ability to “look inside” the minds of buyers and sellers in a competitive, but low stakes, situation. We encourage everyone to join us in Phoenix in January.