Old Second - M&A Summary and Business Overview

Financial ServicesCompany

Old Second M&A Summary

Old Second has acquired 5 companies.

Old Second’s largest acquisition to date was in 2007, when it acquired HeritageBanc for $85M. Old Second has acquired in 2 different US states. The Company’s most targeted sectors include financial services (100%).

Old Second Business Overview

Where is Old Second headquartered?

Old Second is headquartered in Aurora, Illinois.

What is Old Second’s revenue?

Old Second disclosed revenue of 245M USD for 2022 and 133M USD for 2021.

How many employees does Old Second have?

Old Second has 533 employees.

What sector is Old Second in?

Old Second is a financial services company.

When was Old Second founded?

Old Second was founded in 1981.

M&A Summary

  • M&A Total Activity5
    • M&A Buy Activity5
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 1
  • M&A Advisors 1

Old Second

Old Second Bancorp, Inc.

37 South River Street Main Bank Lobby (River & Downer Streets),
Aurora, Illinois 60507
United States,
(630) 892-0202
www.oldsecond.com

Old Second is a financial services company with its headquarters located in Aurora, Illinois. The Company is the holding company for Old Second National Bank, a national banking organization headquartered in Aurora, Illinois, which provides commercial, treasury management and retail banking services, as well as trust and wealth management services, through offices located in Kane, Kendall, DeKalb, DuPage, LaSalle, Will and Cook counties in Illinois. Old Second was founded in 1981 and is based in Aurora, Illinois.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 5 - - - - - 5
vol $139M $139M
Sell (0.0/yr) # - - - - - - 0
  5

Most Recent M&A

Company Date Value Type
Greater Chicago Financial Corp. 2017-12-26 41M USD Add-on Acquisition
Chicago, Illinois
Talmer Bank and Trust - Chicago Branch 2016-08-01 - Divestiture
Chicago, United States
HeritageBanc, Inc. 2007-11-09 85M USD Merger
, United States
Maple Park Bancshares, Inc. 1996-10-22 6M USD Add-on Acquisition
St. Charles, Illinois
Bank of Sugar Grove 1994-11-10 8M USD Add-on Acquisition
Sugar Grove, Illinois
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Financial Services 5 (100%) 139M (100%) - -
Total 5 $139M - -

By Geo

State/Country Buy Value Sell Value
United States 5 139M - -
  Illinois 3 54M - -
Total 5 $139M - -

Top M&A Advisors

Legal Deals
Nelson Mullins Riley & Scarborough
 1

Deal Values

buy # Total
< $100M 4 $139M
TOTAL $139M
Largest HeritageBanc, Inc.
$85M (2007-11-09)

M&A Connections

Deals
Acquired from
Strategic(s)
20%
1 (20%)

Company Summary

SECTOR

Financial Services

Revenue

245   85% 2022
133   5% 2021
127   4% 2020
132   9% 2019
122   17% 2018
105   16% 2017
91   2016
(millions of USD) Show More Show Less

Employees

533

Established

1981

Public

NASDAQ: OSBC

 Subscribe to unlock this and 201,649
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.5K Private Equity Firms
  • 193K M&A Transactions
  • 197K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 75K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Related Lists for Old Second

Illinois Companies , Financial Services Companies , United States Companies , Illinois Financial Services Companies , Illinois Financial Services with Acquisitions , Illinois Financial Services with Divestitures

Related Lists for Illinois Companies

Largest Illinois Companies , Acquisitive Illinois Companies , Recently Acquired Illinois Companies , Recently Sold Illinois Companies , Private Illinois Companies , Public Illinois Companies , Acquired Illinois Companies , PE Backed Illinois Companies

Related Lists for Financial Services Companies

Largest Financial Services Companies , Acquisitive Financial Services Companies , Recently Acquired Financial Services Companies , Recently Sold Financial Services Companies , Private Financial Services Companies , Public Financial Services Companies , Acquired Financial Services Companies , PE Backed Financial Services Companies

Related Lists for United States Companies

Largest United States Companies , Acquisitive United States Companies , Recently Acquired United States Companies , Recently Sold United States Companies , Private United States Companies , Public United States Companies , Acquired United States Companies , PE Backed United States Companies
Mergr

Product

Company

Legal