M&A Deal Summary

BankProv Acquires Warwick Community Bancorp

On October 1, 2004, BankProv acquired financial services company Warwick Community Bancorp for 154M USD

Acquisition Highlights
  • This is BankProv’s 3rd transaction in the Financial Services sector.
  • This is BankProv’s largest (disclosed) transaction.
  • This is BankProv’s 3rd transaction in the United States.
  • This is BankProv’s 1st transaction in New York.

M&A Deal Summary

Date 2004-10-01
Target Warwick Community Bancorp
Sector Financial Services
Buyer(s) BankProv
Deal Type Add-on Acquisition
Deal Value 154M USD
Advisor(s) Sandler O'Neill + Partners (Financial)
Wachtell, Lipton, Rosen & Katz (Legal)

Target

Warwick Community Bancorp

Warwick, New York, United States
Warwick Community Bancorp, Inc. is a financial service company.

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Buyer(S) 1

Buyer

BankProv

Amesbury, Massachusetts, United States

Category Company
Sector Financial Services
Revenue 55M USD (2024)
DESCRIPTION

BankProv is a full-service commercial bank headquartered in Massachusetts. With retail branches in the North Shore of Massachusetts and in southern New Hampshire, commercial banking offices in the Manchester/Concord market in Central New Hampshire and a loan office located in Ponte Vedra Beach, Florida, it delivers a unique combination of traditional banking services and innovative financial solutions to its markets. BankProv is based in Amesbury, Massachusetts.


DEAL STATS #
Overall 3 of 3
Sector: Financial Services M&A 3 of 3
Type: Add-on Acquisition M&A Deals 3 of 3
State: New York M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2004 M&A 2 of 2
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-01-14 E.N.B. Holding Company

United States

E.N.B. Holding Company, Inc. is a provider of full range of financial services.

Buy $74M