M&A Deal Summary

ACNB Bank Acquires New Windsor Bancorp

On November 22, 2016, ACNB Bank acquired financial services company New Windsor Bancorp

Acquisition Highlights
  • This is ACNB Bank’s 1st transaction in the Financial Services sector.
  • This is ACNB Bank’s 2nd transaction in the United States.
  • This is ACNB Bank’s 1st transaction in Maryland.

M&A Deal Summary
Date 2016-11-22
Target New Windsor Bancorp
Sector Financial Services
Buyer(s) ACNB Bank
Deal Type Add-on Acquisition
Advisor(s) Sandler O'Neill + Partners (Financial)
BuckleySandler LLP (Legal)

Target

New Windsor Bancorp

Taneytown, Maryland, United States
New Windsor Bancorp, Inc. is a provider of commercial and consumer banking services to individuals, small and medium-sized businesses and professionals in Carroll County, Maryland and the adjacent counties of Maryland and Pennsylvania.

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Buyer(S) 1

Buyer

ACNB Bank

Gettysburg, Pennsylvania, United States
Category Company
Founded 1857
Sector Financial Services
Employees413
Revenue 106M USD (2023)
DESCRIPTION

ACNB Bank is the financial holding company. ACNB Bank serves its marketplace with banking and trust services via a network of 22 retail banking offices located in the four southcentral Pennsylvania counties of Adams, Cumberland, Franklin and York. ACNB Bank was incorporated in 1857 and is based in Gettysburg, Pennsylvania.

DEAL STATS #
Overall 2 of 5
Sector (Financial Services) 1 of 3
Type (Add-on Acquisition) 2 of 4
State (Maryland) 1 of 2
Country (United States) 2 of 5
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-01-05 Russell Insurance Group

United States

Russell Insurance Group, Inc. provides insurance services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-13 Frederick County Bancorp

Frederick, Maryland, United States

Frederick County Bancorp, Inc. (FCB Bank) is an independent community bank serving businesses, professionals, and consumers through offices located in Frederick, Maryland.

Buy -
Mergr

Product

Company

Legal