Lakeland Bank has acquired 4 companies, including 1 in the last 5 years.
Lakeland Bank’s largest acquisition to date was in 2021, when it acquired 1st Constitution Bancorp. for $244M. Lakeland Bank has acquired in 1 US state. The Company’s most targeted sectors include financial services (100%).
250 Oak Ridge Road,
Oak Ridge, New Jersey
07438
United States,
(973) 697-2000
www.lakelandbank.com
| Date | Target |
Value
$mlns |
Transaction Type | Acquirer | Seller |
SRC
Link |
||
|---|---|---|---|---|---|---|---|---|
| 2021-07-12 |
1st Constitution Bank · Financial Services
Cranbury, New Jersey · www.1stconstitution.com 1st Constitution Bank delivers a fundamental approach to small business banking, commercial and residential mortgage origination and retail banking focused on personal service, technological support, and innovative customer-centered products. 1st Constitution Bank was formed in 1989 and is based in Cranbury, New Jersey.
|
244
3.3x REVENUE |
Add-on Acquisition |
Lakeland Bank
|
- |
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