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SouthState Corporation
Left: John C. Corbett, CEO of SouthState; Right: David R. Brooks, Chairman and CEO of Independent Bank Group [Composite; Sources images: SouthState/Independent Bank Group]
$2B Deal: North Texas-Based Independent Bank Group Acquired by SouthState
by David Seeley | May 20, 2024
Independent Bank Group operates in the Dallas-Fort Worth, Austin, and Houston areas as well as in the Colorado Front Range. When its acquisition by Florida-based SouthState Corporation is complete, the combined company will have a projected market cap of around $8.2 billion.
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