United Community Banks, Inc.’s $517 Million Acquisition of Reliant Bancorp, Inc.

Nelson Mullins Riley & Scarborough advised United Community Banks on the deal.

United Community Banks, Inc. (United) acquired Reliant Bancorp, Inc. (Reliant), and it’s wholly-owned subsidiary, Reliant Bank.

The two companies announced the definitive merger agreement on July 14, 2021, which is an all-stock transaction with an aggregate value of $517 million. As a highly regarded, high-performing bank, Reliant’s merger with United will position the company well for future growth in Tennessee. 

United Community Bank, United’s wholly-owned bank subsidiary, specializes in personalized community banking services for individuals, small businesses, and companies throughout its geographic footprint.

A Nelson Mullins Riley & Scarborough’s team of Ben Barnhill (Picture), Gary Brown, Neil Grayson, Lee Kiser, Mark Miller, and Troy Varrasse advised on the matter.

Involved fees earner: Benjamin Barnhill – Nelson Mullins Riley & Scarborough LLP; Gary Brown – Nelson Mullins Riley & Scarborough LLP; Neil Grayson – Nelson Mullins Riley & Scarborough LLP; Lee Kiser – Nelson Mullins Riley & Scarborough LLP; Mark Miller – Nelson Mullins Riley & Scarborough LLP; Troy Varrasse – Nelson Mullins Riley & Scarborough LLP;

Law Firms: Nelson Mullins Riley & Scarborough LLP;

Clients: United Community Banks;

Author: Martina Bellini