M&A Deal Summary

Glacier Bank Acquires Mountain West Bank

On February 4, 2000, Glacier Bank acquired financial services company Mountain West Bank for 16M USD

Acquisition Highlights
  • This is Glacier Bank’s 5th transaction in the Financial Services sector.
  • This is Glacier Bank’s 17th largest (disclosed) transaction.
  • This is Glacier Bank’s 5th transaction in the United States.
  • This is Glacier Bank’s 1st transaction in Idaho.

M&A Deal Summary
Date 2000-02-04
Target Mountain West Bank
Sector Financial Services
Buyer(s) Glacier Bank
Deal Type Add-on Acquisition
Deal Value 16M USD
Advisor(s) Columbus Merchant Banking SA (Financial)
Lukins & Annis P.S. (Legal)

Target

Mountain West Bank

Coeur d'Alene, Idaho, United States
Mountain West Bank engages in generating deposits and originating loans in the United States.

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Buyer(S) 1

Buyer

Glacier Bank

Kalispell, Montana, United States

website

Category Company
Founded 1955
Sector Financial Services
Employees2,837
Revenue 892M USD (2022)
DESCRIPTION

Glacier Bank is a regional bank holding company providing commercial banking services in 79 communities in Montana, Idaho, Utah, Washington, Wyoming and Colorado. Glacier Bank was founded in 1955 and is based in Kalispell, Montana.

DEAL STATS #
Overall 5 of 28
Sector (Financial Services) 5 of 28
Type (Add-on Acquisition) 5 of 27
State (Idaho) 1 of 2
Country (United States) 5 of 28
Year (2000) 1 of 1
Size (of disclosed) 17 of 22
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-01-20 Big Sky Western Bank

Bozeman, Montana, United States

Big Sky Western Bank provides various commercial banking services primarily to small and medium-sized businesses, professionals, and retail customers.

Buy $5M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-02-28 WesterFed Financial

Missoula,, Montana, United States

WesterFed Financial Corp is a provider of banking services.

Buy $100M
Mergr

Product

Company

Legal