Premier Financial - M&A Summary and Business Overview

Financial ServicesCompany

Premier Financial M&A Summary

Premier Financial has acquired 7 companies, including 1 in the last 5 years. It has also divested 2 assets.

Premier Financial’s largest acquisition to date was in 2019, when it acquired United Community Financial for $473M. It’s largest disclosed sale occurred in 2017, when it sold Commercial Bancshares to First Financial Bankshares for $59M. Premier Financial has acquired in 2 different US states. The Company’s most targeted sectors include financial services (58%) and insurance (43%).

Premier Financial Business Overview

Where is Premier Financial headquartered?

Premier Financial is headquartered in Defiance, Ohio.

What is Premier Financial’s revenue?

Premier Financial disclosed revenue of 305M USD for 2022 and 307M USD for 2021.

How many employees does Premier Financial have?

Premier Financial has 1,081 employees.

What sector is Premier Financial in?

Premier Financial is a financial services company.

When was Premier Financial founded?

Premier Financial was founded in 1995.

M&A Summary

  • M&A Total Activity9
    • M&A Buy Activity7
    • M&A Sell Activity2
  • Total Sectors Invested 2
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 3
  • M&A Advisors 6

Premier Financial

Premier Financial Corp.

601 North Clinton Street,
Defiance, Ohio 43512
United States,
(419) 782-5015
www.fdef.com

Premier Financial is a holding company for First Federal Bank of the Midwest and First Insurance Group. First Federal Bank operates 34 full-service branches and numerous ATM locations in northwest Ohio, southeast Michigan and northeast Indiana and a loan production office in Columbus, Ohio. First Insurance Group is a full-service insurance agency with six offices throughout northwest Ohio. Premier Financial was founded in 1995 and is based in Defiance, Ohio.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 7 - - - - - 7
vol $473M $473M
Sell (0.2/yr) # 1 - - - 1 - 2
vol $59M $59M
  9

Most Recent M&A

Company Date Value Type
First Insurance Group Ohio 2023-06-30 - Divestiture
Archbold, Ohio · www.firstinsurancegrp.com
United Community Financial Corp. 2019-09-09 473M USD Merger
Youngstown, Ohio · www.ucfconline.com
Commercial Bancshares, Inc. 2017-10-12 59M USD Divestiture
Upper Sandusky, Ohio · www.csbanking.com
Commercial Bancshares, Inc. 2016-08-23 - Add-on Acquisition
Upper Sandusky, Ohio · www.csbanking.com
First Community Bank 2014-02-18 - Add-on Acquisition
, Ohio
Payak-Dubbs Insurance Agency, Inc. 2011-01-07 - Add-on Acquisition
Maumee, Ohio · www.payakdubbs.com
Andres O'Neil and Lowe Insurance Agency - Employee Benefits Insurance Line of Business 2010-05-20 - Divestiture
, Ohio
Pavilion Bancorp, Inc. 2007-10-02 - Add-on Acquisition
Adrian, Michigan
Huber, Harger, Welt & Smith Insurance Agency, Inc. 2007-02-20 - Add-on Acquisition
Bowling Green, Ohio
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Financial Services 4 (57%) 473M (100%) 1 (50%) 59M (100%)
Insurance 3 (43%) - 1 (50%) -
Total 7 $473M 2 $59M

By Geo

State/Country Buy Value Sell Value
United States 7 473M 2 59M
  Ohio 6 473M 2 59M
  Michigan 1 - - -
Total 7 $473M 2 $59M

Top M&A Advisors

Financial Deals
Keefe, Bruyette, & Woods, Inc.
2
Austin Associates LLC
1
Raymond James - Investment Banking
1
Legal Deals
Vorys, Sater, Seymour and Pease LLP
4
Barack Ferrazzano Kirschbaum & Nagelberg (BKFN)
1

Deal Values

buy # Total
$100M to $1B 1 $473M
TOTAL $473M
Largest United Community Financial Corp.
$473M (2019-09-09)
sell # Total
< $100M 1 $59M
TOTAL $59M
Largest Commercial Bancshares, Inc.
$59M (2017-10-12)

M&A Connections

Deals
Acquired from
Strategic(s)
14%
1 (14%)
Divested to
Strategic(s)
100%
2 (100%)

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