M&A Deal Summary

Academy Bank Acquires Mountain View Bank of Commerce

On June 4, 2024, Academy Bank acquired financial services company Mountain View Bank of Commerce

Acquisition Highlights
  • This is Academy Bank’s 1st transaction in the Financial Services sector.
  • This is Academy Bank’s 1st transaction in the United States.
  • This is Academy Bank’s 1st transaction in Colorado.

M&A Deal Summary

Date 2024-06-04
Target Mountain View Bank of Commerce
Sector Financial Services
Buyer(s) Academy Bank
Deal Type Add-on Acquisition
Advisor(s) Olsen Palmer LLC (Financial)
Stinson LLP (Legal)

Target

Mountain View Bank of Commerce

Westminster, Colorado, United States
Mountain View Bank of Commerce is a community bank specializing in financial solutions, including personal and business accounts and commercial loans, to meet the needs of small businesses, individuals, and the non-profit sector. Mountain View Bank is based in

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Buyer(S) 1

Buyer

Academy Bank

Kansas City, Missouri, United States

Category Company
Sector Financial Services
DESCRIPTION

Academy Bank provides financial solutions to businesses and individuals, through the latest banking technologies. It offers credit and retail banking services through an extensive network of branches (most available 7 days a week) and ATM locations, online banking, and mobile banking. Academy Bank is based in Kansas City, Missouri.


DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Colorado) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1