M&A Deal Summary |
|
|---|---|
| Date | 2013-11-13 |
| Target | Summit Community Bank |
| Sector | Financial Services |
| Buyer(s) | Horizon Bank |
| Deal Type | Add-on Acquisition |
| Deal Value | 18M USD |
| Advisor(s) | Donnelly Penman & Partners (Financial) Foster Swift Collins & Smith (Legal) |
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| Category | Company |
|---|---|
| Founded | 1873 |
| Sector | Financial Services |
| Employees | 841 |
| Revenue | 187M USD (2024) |
Horizon Bank is a locally owned, independent, commercial bank holding company serving northern and central Indiana and southwest and central Michigan through its commercial banking subsidiary Horizon Bank, NA. Horizon also offers mortgage banking services throughout the Midwest. Horizon Bank was founded in 1873 and is based in Michigan, Indiana.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 8 |
| Sector: Financial Services M&A | 3 of 8 |
| Type: Add-on Acquisition M&A Deals | 3 of 6 |
| State: Michigan M&A | 1 of 1 |
| Country: United States M&A | 3 of 8 |
| Year: 2013 M&A | 1 of 1 |
| Size (of disclosed) | 4 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-02-10 |
Heartland Bancshares
Franklin, Indiana, United States Heartland Community Bank is a provider of banking services and products. Company has reported total assets of approximately $246.0 million, total deposits of approximately $217.9 million and total loans of approximately $137.7 million on December 31, 2011 (all amounts are unaudited). |
Buy | $14M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-02-19 |
Peoples Federal Savings Bank of DeKalb County
Auburn, Indiana, United States Peoples Bancorp is an Indiana corporation headquartered in Auburn, Indiana with Peoples Federal Savings Bank of Dekalb County as its wholly owned subsidiary. Founded in 1925, Peoples offers a full range of banking and trust services with sixteen branch locations serving northeast Indiana and southwest Michigan. |
Buy | $73M |
