Simmons First Trust to Acquire Talbot Capital Management

September 22, 2014

On September 12, 2014, Arkansas Business reported that Simmons First Trust had entered into an agreement to acquire the assets of Talbot Capital Management for an undisclosed price.

On September 12, 2014, Arkansas Business reported that Simmons First Trust Co. had entered into an agreement to acquire the assets of Talbot Capital Management Inc.

Talbot Capital was founded in 1989 and currently manages over $45 million in assets for individuals, endowment funds, foundations, and profit-sharing plans.

Simmons First Trust manages more than $2 billion in assets. It is a subsidiary of publicly traded Simmons First National Corp., a financial holding company with $4.8 billion in total assets and operations in Arkansas, Kansas, and Missouri.

The purchase price and other terms of the transaction were not disclosed.

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Investment Manager M&A, Transactions