logo-inner

 

Until its June 2015 acquisition by Renasant Corporation in a deal valued at approximately $258 million, Heritage Financial Group, Inc. was the holding company for HeritageBank of the South, a community-oriented bank based in Albany, Georgia. A CCI client since its IPO in 2005, Heritage grew steadily for 10 years through strong organic growth and acquisition-related expansion in Georgia, Florida and Alabama, with total assets reaching $1.8 billion by the time of its acquisition by Renasant and reflecting fivefold growth from its IPO level. Throughout this time, Corporate Communications helped build a compelling investment proposition for the investment community and greater visibility for the Company’s growth opportunities and potential returns. In turn, institutional ownership increased from nine positions involving few shares following the IPO to a most recent level of 60 positions owning almost 75% of the Company’s shares, and with three brokerage firms providing research on the Company.

 

heritage