M&A Deal Summary

Glacier Bank Acquires Big Sky Western Bank

On January 20, 1999, Glacier Bank acquired financial services company Big Sky Western Bank for 5M USD

Acquisition Highlights
  • This is Glacier Bank’s 4th transaction in the Financial Services sector.
  • This is Glacier Bank’s 20th largest (disclosed) transaction.
  • This is Glacier Bank’s 4th transaction in the United States.
  • This is Glacier Bank’s 2nd transaction in Montana.

M&A Deal Summary

Date 1999-01-20
Target Big Sky Western Bank
Sector Financial Services
Buyer(s) Glacier Bank
Deal Type Add-on Acquisition
Deal Value 5M USD
Advisor(s) Professional Bank Services Inc. (Financial)
Crowley Fleck (Legal)

Target

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.

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Buyer(S) 1

Buyer

Glacier Bank

Kalispell, Montana, United States

Category Company
Founded 1955
Sector Financial Services
Employees3,438
Revenue 789M USD (2023)
DESCRIPTION

Glacier Bank is a regional bank holding company providing commercial banking services. Glacier Bank was founded in 1955 and is based in Kalispell, Montana.


DEAL STATS #
Overall 4 of 29
Sector (Financial Services) 4 of 29
Type (Add-on Acquisition) 4 of 28
State (Montana) 2 of 9
Country (United States) 4 of 29
Year (1999) 1 of 1
Size (of disclosed) 20 of 22
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1998-08-31 Valley Bank Of Helena

Helena,, Montana, United States

Valley Bank of Helena provides personal and business banking services.

Buy $14M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-02-04 Mountain West Bank

Coeur d'Alene, Idaho, United States

Mountain West Bank engages in generating deposits and originating loans in the United States.

Buy $16M