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  6. Amalgamated Bank Acquires New Resource Bancorp.

M&A Deal Summary

Amalgamated Bank Acquires New Resource Bancorp.

On December 15, 2017, Amalgamated Bank acquired financial services company New Resource Bancorp.

Acquisition Highlights
  • This is Amalgamated Bank’s 1st transaction in the Financial Services sector.
  • This is Amalgamated Bank’s 1st transaction in the United States.
  • This is Amalgamated Bank’s 1st transaction in California.

M&A Deal Summary
Date 2017-12-15
Target New Resource Bancorp.
Sector Financial Services
Buyer(s) Amalgamated Bank
Deal Type Add-on Acquisition
Advisor(s) Vining Sparks (Financial)
Gary Steven Findley & Associates (Legal)

Target

New Resource Bancorp.

San Francisco, California, United States
New Resource Bancorp. is a triple-bottom-line bank serving values-driven businesses and nonprofits that are building a more sustainable world. We see money as an agent of positive social, environmental and economic change. We use banking to transform the economy into one that serves all people and the planet.

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Buyer(S) 1

Buyer

Amalgamated Bank

New York, New York, United States
Category Company
Founded 1923
Sector Financial Services
DESCRIPTION

Amalgamated Bank is a provider of financial services. Amalgamated Bank was founded in 1923 and is based in New York, New York.

DEAL STATS #
Overall 1 of 1
Sector: Financial Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2017 M&A 1 of 1
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