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A listing platform for targets and buyers in banking mergers and acquisitions, 1000BANKS allows regional and community banks (targets) to be acquired with zero expense on underwriting, retainer, monthly, breakup or success fees.
Replaces a long, cumbersome M&A process with an efficiency and speed of a trading platform, where targets are non-openly listed and instantly matched with qualified (not excluded by targets) buyers. Buyers interests are listed by geography, specialty and requirements in numerical values.
A standardized process minimizes M&A hardships and costs, including mismanagement, for both buyers and targets, and allows an immediate secure access to a core valuation and due diligence outcome for multiple qualified buyers without harming an asset by disseminating its’ information.
A price is listed before the buyer emerges and therefore is based on the merits of an asset and not of the buyer. 1000BANKS marks the listed price as "Fair," "Express" (priced for faster sale) or "Non-Marked" (over the fair value, in the platform's experts' estimation).
The platform is designed to provide confidentiality of both the buyer and the target and is double-blinded through the initial stages of consideration.
Because due diligence information of the target is the whole value of the platform, such information is a priori more secure than it might be within a buyer’s organization. 1000BANKS minimizes mismanagement of sensitive information and keeps it remote from potential harmful intrusion.
A price, listed before a buyer is known, is based on merits of an asset and not of a buyer
Instant, self-searchable, free Fairness Opinion based on comps
Full-cycle banking M&A conveyor: DD, audit, legal, regulatory compliance, negotiations, dispute resolutions, project management, BOD consulting
Narrowly specialized, laser-focused experts, motivated by success fee, as opposed to timesheets, put the buyer’s due diligence and regulatory compliance on fast-track, shortening the deal making from two years to six months
Deliver a core due diligence outcome to qualified buyers, eliminating chances of recycling any results of prior considerations of an asset
Standardized process includes an early term sheet based on the platform’s assessment
1000BANKS is used for both broad and targeted deals. 1000BANKS also often turns a targeted deal into a broad one due to an abundance of supply. In either type, the listing is free for targets and buyers.
Success fee is paid only by buyers. 1000BANKS' fee is generally lower than IB's.
Find out more about how the platform works, apply to list your bank, to co-invest or to be hired as an expert.
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