Berkshire Bank Mergers & Acquisitions

Berkshire Bank M&A Summary

Berkshire Bank has acquired 16 companies. It has also divested 2 assets.

Berkshire Bank’s largest acquisition to date was in 2018, when it acquired SI Financial Group for $180M. Berkshire Bank has acquired in 6 different US states. The Company’s most targeted sectors include financial services (69%) and insurance (32%).

M&A Summary

  • M&A Total Activity18
    • M&A Buy Activity16
    • M&A Sell Activity2
  • Total Sectors Invested 2
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 4

Berkshire Bank

Berkshire Hills Bancorp, Inc.

60 State Street,
Boston, Massachusetts 02109
United States,
(617) 641-9206
www.berkshirebank.com

All (18) Buy (16) Sell (2)
Date Target Value
$mlns
Transaction Type Acquirer Seller SRC
Link
2021-08-24 Berkshire Insurance Group · Insurance
Stockbridge, Massachusetts · www.berkshireinsurancegroup.com

Berkshire Insurance Group is a provider of insurance coverage to customers across the Northeast growing into one of the largest insurance agencies in Western Massachusetts. Berkshire Insurance Group provides personal and commercial property and casualty insurance solutions. Berkshire Insurance Group was established in 2000 and is based in Stockbridge, Massachusetts.

- Divestiture

Brown & Brown of Massachusetts

Berkshire Bank
Advisors: Luse Gorman , RBC Capital Markets


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