M&A Deal Summary

Associated Bank Acquires Riverside Acquisition

On August 31, 1999, Associated Bank acquired financial services company Riverside Acquisition for 89M USD

Acquisition Highlights
  • This is Associated Bank’s 4th transaction in the Financial Services sector.
  • This is Associated Bank’s 7th largest (disclosed) transaction.
  • This is Associated Bank’s 4th transaction in the United States.
  • This is Associated Bank’s 2nd transaction in Minnesota.

M&A Deal Summary

Date 1999-08-31
Target Riverside Acquisition
Sector Financial Services
Buyer(s) Associated Bank
Deal Type Add-on Acquisition
Deal Value 89M USD
Advisor(s) Kaplan, Strangis and Kaplan (Legal)

Target

Riverside Acquisition

Minneapolis, Minnesota, United States
Riverside Acquisition Corp. is a banking services provider.

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Buyer(S) 1

Buyer

Associated Bank

Green Bay, Wisconsin, United States

Category Company
Founded 1861
Sector Financial Services
Employees4,006
Revenue 1.0B USD (2024)
DESCRIPTION

Associated Bank offers a full range of traditional banking services and a variety of other financial products and services. Associated Bank was incorporated in 1861 and is based in Green Bay, Wisconsin.


DEAL STATS #
Overall 4 of 15
Sector: Financial Services M&A 4 of 13
Type: Add-on Acquisition M&A Deals 4 of 12
State: Minnesota M&A 2 of 4
Country: United States M&A 4 of 14
Year: 1999 M&A 2 of 2
Size (of disclosed) 7 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-02-03 Windsor Bank

Minneapolis, Minnesota, United States

Windsor Bank is a commercial and banking services provider. Windsor Bank is based in Minneapolis, Minnesota.

Buy $25M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-02-28 Signal Financial

Saint Paul, Minnesota, United States

Signal Financial Corp. is a provider of full range of banking services.

Buy $177M