Brookhaven acquisition complete
by MDJ staff
January 05, 2014 12:01 AM | 1173 views | 0 0 comments | 13 13 recommendations | email to a friend | print
Georgia Commerce Bancshares, Inc., the holding company of Georgia Commerce Bank, announced the completion of the acquisition of Brookhaven Bank after receiving all shareholder and regulatory approvals. The acquisition transaction creates an almost $1 billion in assets banking franchise for Georgia Commerce Bank, which has three Cobb County locations.

With the addition of the two former Brookhaven Bank branches on Clairmont Road and Johnson Ferry Road, Georgia Commerce Bank’s footprint expands to nine branches across metro Atlanta.

Keefe, Bruyette & Woods, Inc., a Stifel Company, served as financial advisor and Womble Carlyle Sandridge & Rice, LLP provided legal counsel to Georgia Commerce.

Banks Street Partners, LLC served as financial advisor and Alston & Bird LLP provided legal counsel to Brookhaven Bank.

Georgia Commerce Bank’s locations in Cobb County are at 3625 Cumberland Boulevard in the Cumberland area, 3590 Cobb Parkway NW in Acworth and 709 Canton Road NE in Marietta.
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