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Mergers & Acquisitions
M&A History<< Return to Mergers & Acquisitions
Deal Overview
Buyer: Heritage Commerce Corp
Target: BVF/CSNK Acquisition Corp.
Deal Type: Specialty Finance Company
Agreement Date10/8/2014
Announcement Date10/9/2014
Announced Deal Value ($M)22.52
StatusCompleted
Completion Date11/1/2014
Consideration Breakout
Cash ($M)22.5
Deal Pricing Ratios
 AnnouncementCompletion
Price / Book (%)236.3236.3
Price / Earnings (x)9.59.5
Price / Revenue (x)1.851.85
Price / Net Receivables (%)NANA
Price / Managed Receivables (%)NANA
Deal Terms
Description of Consideration
Heritage Commerce Corp. paid $22.52 million in cash to acquire BVF/CSNK Acquisition Corp.
Percent Acquired (%)100.00
Purchase MethodAcquisition
Merger of Equals?NA
Estimated Cost Savings (%)NA
Estimated Cost Savings ($000)NA
Est. Restructuring Charges ($000)1,300
Deal Advisers - Financial Advisers
Party AdvisedAdviser Hired?Firm Name
BuyerYesKeefe Bruyette & Woods Inc.

Deal Advisers - Legal Counsel
Party AdvisedAdviser Hired?Firm Name
BuyerYesBuchalter Nemer Fields
SellerYesLKP Global Law LLP

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