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Independent Bank Group prices IPO at $26, at the high end of the range

April 2, 2013

Independent Bank Group, a Texas-based bank with 30 offices primarily in the Dallas/Fort Worth MSA, raised $83 million by offering 3.2 million shares at $26, at the high end of the range of $24 to $26. Independent Bank Group will list on the NASDAQ under the symbol IBTX. At the offer price, the McKinney, TX-based bank commands a fully diluted market value of $304 million. Sandler O'Neill, Evercore Partners and Keefe Bruyette Woods acted as lead managers on the deal.