Home > M&A deals 2020 > Lineage Financial Network, Inc. acquires Sumner Bank & Trust
Add-on Acquistion · Financial Services · February 2020

Lineage Financial Network, Inc. acquires Sumner Bank & Trust

On February 25, 2020, Lineage Financial Network, Inc. acquired Sumner Bank & Trust, a financial services company in Tennessee, United States.

Deal at a glance

AnnouncedFebruary 25, 2020 TypeAdd-on Acquistion TargetSumner Bank & Trust Buyer Lineage Financial Network, Inc. SectorFinancial Services LocationTennessee, United States ValueNot disclosed

Target company

Sumner Bank & Trust
Tennessee, United States
Financial Servicessector
1927founded
Activestatus
View the company profile →

Buyer

Lineage Financial Network, Inc.
Company · 2 deals on record
  • 2nd transaction in financial services
  • 2nd transaction in United States
2deals, all time
2in this sector
2020latest

Members only

Contact details at the buyers and sellers
The full deal history of every party
Co-investors and the other advisors on this deal
Deal value and revenue or EBITDA multiples

Related deals

Gen II Fund Services LLCSame sector and country · Oct 2026
The Marygold Companies, Inc.Same sector and country · Sep 2026
Fiduciary Trust CompanySame sector and country · Apr 2026

Questions about this deal

Who acquired Sumner Bank & Trust?Lineage Financial Network, Inc. acquired Sumner Bank & Trust on February 25, 2020.

What type of deal was it?It was a add-on acquistion in the financial services sector in 2020.

See the full picture on AcquityDataContacts, full deal histories, co-investors and deal values. Free for a day with your Google account, no card needed.
Try it free
Data updated daily on AcquityData (Acquity Data).