Cambridge Trust - M&A Summary and Business Overview

Financial ServicesCompany

Cambridge Trust M&A Summary

Cambridge Trust has acquired 3 companies, including 2 in the last 5 years.

Cambridge Trust’s largest acquisition to date was in 2019, when it acquired Wellesley Bancorp for $122M. Cambridge Trust has acquired in 2 different US states. The Company’s most targeted sectors include financial services (100%).

Cambridge Trust Business Overview

Where is Cambridge Trust headquartered?

Cambridge Trust is headquartered in Cambridge, Massachusetts.

What is Cambridge Trust’s revenue?

Cambridge Trust disclosed revenue of 186M USD for 2022 and 172M USD for 2021.

How many employees does Cambridge Trust have?

Cambridge Trust has 379 employees.

What sector is Cambridge Trust in?

Cambridge Trust is a financial services company.

When was Cambridge Trust founded?

Cambridge Trust was founded in 1890.

M&A Summary

  • M&A Total Activity3
    • M&A Buy Activity3
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Advisors 3

Cambridge Trust

Cambridge Bancorp.

1336 Massachusetts Avenue,
Cambridge, Massachusetts 02138
United States,
(617) 876-5500
www.cambridgetrust.com

Cambridge Trust is a private bank that creates custom financial solutions to build, grow and protect wealth for the needs of today’s individuals, families, businesses, private partnerships and nonprofit organizations. Cambridge Trust was incorporated in 1890 and is based in Cambridge, Massachusetts.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 2 - - 1 - - 3
vol $189M $63M $252M
Sell (0.0/yr) # - - - - - - 0
  3

Most Recent M&A

Company Date Value Type
Northmark Bank 2022-05-23 63M USD Merger
North Andover, Massachusetts · www.northmarkbank.com
Wellesley Bancorp, Inc. 2019-12-05 122M USD Add-on Acquisition
Wellesley, Massachusetts · www.wellesleybank.com
Optima Bank & Trust Co. 2018-12-05 67M USD Merger
Portsmouth, New Hampshire · www.optimabank.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Financial Services 3 (100%) 252M (100%) - -
Total 3 $252M - -

By Geo

State/Country Buy Value Sell Value
United States 3 252M - -
  Massachusetts 2 185M - -
  New Hampshire 1 67M - -
Total 3 $252M - -

Top M&A Advisors

Financial Deals
Keefe, Bruyette, & Woods, Inc.
2
Piper Sandler & Co.
1
Legal Deals
Hogan Lovells
3

Deal Values

buy # Total
$100M to $1B 1 $122M
< $100M 2 $130M
TOTAL $252M
Largest Wellesley Bancorp, Inc.
$122M (2019-12-05)

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