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Renasant Corp. closes Brand Group deal


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Renasant Corp. closes Brand Group deal

Tupelo, Miss.-based Renasant Corp. has closed its merger with Lawrenceville, Ga.-based Brand Group Holdings Inc., effective Sept. 1.

The combined company now has roughly $12.7 billion in total assets with more than 190 banking, mortgage, wealth management, and insurance offices throughout Mississippi, Tennessee, Alabama, Georgia and Florida.

As of June 30, Brand had approximately $2.2 billion in total assets, approximately $1.7 billion in total loans, excluding mortgage loans held for sale, and approximately $1.8 billion in total deposits.

Full conversion and integration of Brand's operations into Renasant's is not expected to be complete until Oct. 29.