Alerus Financial - M&A Summary and Business Overview

Financial ServicesCompany

Alerus Financial M&A Summary

Alerus Financial has acquired 1 company, including 1 in the last 5 years.

Alerus Financial has acquired in 1 US state. The Company’s most targeted sectors include financial services (100%).

Alerus Financial Business Overview

Where is Alerus Financial headquartered?

Alerus Financial is headquartered in Grand Forks, North Dakota.

What is Alerus Financial’s revenue?

Alerus Financial disclosed revenue of 209M USD for 2022 and 230M USD for 2021.

How many employees does Alerus Financial have?

Alerus Financial has 773 employees.

What sector is Alerus Financial in?

Alerus Financial is a financial services company.

When was Alerus Financial founded?

Alerus Financial was founded in 1879.

M&A Summary

  • M&A Total Activity1
    • M&A Buy Activity1
  • Total Sectors Invested 1
  • Total Countries Invested 1

Alerus Financial

Alerus Financial Corporation

401 Demers Avenue,
Grand Forks, North Dakota 58201
United States,
(701) 795-3200
www.alerus.com

Alerus Financial is a diversified financial services company headquartered in Grand Forks, N.D. Through our subsidiary, Alerus Financial, National Association, we provide innovative and comprehensive financial solutions to businesses and consumers through four distinct business segments—banking, retirement and benefit services, wealth management, and mortgage. These solutions are delivered through a relationship-oriented primary point of contact along with responsive and client-friendly technology. Alerus Financial was incorporated in 1879 and is based in Grand Forks, North Dakota.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # - 1 - - - - 1
Sell (0.0/yr) # - - - - - - 0
  1

Most Recent M&A

Company Date Value Type
Retirement Planning Services, Inc. 2020-12-02 - Add-on Acquisition
Littleton, Colorado · www.rpsplanadm.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Financial Services 1 (100%) - - -
Total 1 - - -

By Geo

State/Country Buy Value Sell Value
United States 1 - - -
  Colorado 1 - - -
Total 1 - - -

Company Summary

SECTOR

Financial Services

Revenue

209   10% 2022
230   1% 2021
228   23% 2020
186   6% 2019
176   10% 2018
160   4% 2017
155   2016
(millions of USD) Show More Show Less

Employees

773

Established

1879

Public

NASDAQ: ALRS

Former Name

First National Bank North Dakota

 Subscribe to unlock this and 201,598
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.5K Private Equity Firms
  • 193K M&A Transactions
  • 197K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 75K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Related Lists for Alerus Financial

North Dakota Companies , Financial Services Companies , United States Companies , North Dakota Financial Services Companies

Related Lists for North Dakota Companies

Largest North Dakota Companies , Acquisitive North Dakota Companies , Recently Acquired North Dakota Companies , Recently Sold North Dakota Companies , Private North Dakota Companies , Public North Dakota Companies , Acquired North Dakota Companies , PE Backed North Dakota Companies

Related Lists for Financial Services Companies

Largest Financial Services Companies , Acquisitive Financial Services Companies , Recently Acquired Financial Services Companies , Recently Sold Financial Services Companies , Private Financial Services Companies , Public Financial Services Companies , Acquired Financial Services Companies , PE Backed Financial Services Companies

Related Lists for United States Companies

Largest United States Companies , Acquisitive United States Companies , Recently Acquired United States Companies , Recently Sold United States Companies , Private United States Companies , Public United States Companies , Acquired United States Companies , PE Backed United States Companies
Mergr

Product

Company

Legal