Mergers and acquisitions

News about M&A activity in the Pee Dee

‘I’m a purpose-driven leader.’ — An interview with Rick Saunders

“I never wanted to be an entrepreneur,” says Rick Saunders, 66. “It was not part of my life's ambition to be a bank CEO. I was perfectly fine being a banker to the community.”

People

First Reliance to be acquired by GA company in $163M deal

Colony Bankcorp Inc. will acquire 100% of Florence-based First Reliance Bancshares Inc. stock in a stock-and-cash transaction worth about $163 million.

Finance

MUSC Health acquires Palmetto Primary Care for $111M

MUSC Health has acquired North Charleston-based Palmetto Primary Care Physicians for $111 million, according to a statement Tuesday. Palmetto Primary Care, formed in 1996, is "the state’s largest independent multispecialty care practice," the statement said. It has 31 physicians, 95 advanced practitioners and 40 medical practices, with physical therapy, urgent care and other clinics in the Lowcountry, Midlands and Myrtle Beach.

Healthcare

Mergers and acquisitions

‘I’m a purpose-driven leader.’ — An interview with Rick Saunders

First Reliance to be acquired by GA company in $163M deal

MUSC Health acquires Palmetto Primary Care for $111M

STAY CONNECTED