FIG Partners Advised Uniti Financial Corporation In $63.9 Million Acquisition By BayCom Corp

FIG Has Now Completed 113 M&A Transactions Totaling More Than
$7 Billion In Transaction Volume

ATLANTA, December 11, 2018 — BayCom Corp (NASDAQ:BCML) and Uniti Financial Corporation (OTC PINK:UIFC) have announced the signing of a merger agreement.

FIG Advised Uniti Financial Corporation In Acquisition By BayCom CorpBayCom Corp (BayCom), the holding company for United Business Bank, will acquire Uniti Financial Corporation (UIFC), the holding company for Uniti Bank, in a cash and stock transaction valued at approximately $63.9 million, or $3.99 per share.

The transaction is based on the closing price of BayCom common stock of $23.39 on December 7, 2018 and is expected to close in the second quarter of 2019. Each share of UIFC stock will be exchanged for $2.30 in cash and 0.0723 shares of BayCom common stock.

Under the terms of the agreement, BayCom and UIFC will merge their holding companies and subsidiaries.

The transaction will expand the BayCom’s presence in Southern California to three locations.

As of September 30, 2018, UIFC had approximately $343.6 million in assets, $262.4 million in loans, $294.6 million in deposits and $46.6 million in shareholder’s equity.

The FIG team included Greg Gersack, Senior Managing Principal and Co-Head of Investment Banking; Patrick Nicolini, Senior Vice President; and Jason Werner, Vice President.

More information is available here.

Since 2003, FIG has been the trusted advisor to community banks and investors. To learn more about FIG’s investment banking services, visit www.figpartners.com.

FIG Advised Citizens Community Bancorp, Inc. In Branch SaleFIG Advised FMB Equibanc, Inc. In Merger With Morris State Bancshares, Inc.