M&A Deal Summary

Ocean Bank Acquires Community Bank & Trust

On October 31, 2007, Ocean Bank acquired financial services company Community Bank & Trust

Acquisition Highlights
  • This is Ocean Bank’s 1st transaction in the Financial Services sector.
  • This is Ocean Bank’s 1st transaction in the United States.
  • This is Ocean Bank’s 1st transaction in New Hampshire.

M&A Deal Summary

Date 2007-10-31
Target Community Bank & Trust
Sector Financial Services
Buyer(s) Ocean Bank
Deal Type Add-on Acquisition

Target

Community Bank & Trust

Wolfeboro,, New Hampshire, United States
Community Bank & Trust Company operates as a chartered commercial bank in New Hampshire, provides various banking products and services.

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Buyer(S) 1

Buyer

Ocean Bank

Miami,, Florida, United States

Category Company
Founded 1982
Sector Financial Services
DESCRIPTION

Ocean Bank operates as a commercial bank in Florida. Ocean Bank provides personal banking services and commercial banking services.


DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (New Hampshire) 1 of 1
Country (United States) 1 of 1
Year (2007) 1 of 1