M&A Deal Summary |
|
---|---|
Date | 2018-12-11 |
Target | SI Financial Group |
Sector | Financial Services |
Buyer(s) | Berkshire Bank |
Deal Type | Add-on Acquisition |
Deal Value | 180M USD |
Advisor(s) | Keefe, Bruyette, & Woods, Inc. (Financial) Kilpatrick Townsend & Stockton LLP (Legal) |
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Category | Company |
---|---|
Founded | 1846 |
Sector | Financial Services |
Employees | 1,310 |
Revenue | 412M USD (2023) |
Berkshire Bank is a regional bank and financial services company providing the service capabilities of a larger institution and the focus and responsiveness of a local partner to its communities. Berkshire Bank was founded in 1846 and is based in Boston, Massachusetts.
DEAL STATS | # |
---|---|
Overall | 16 of 16 |
Sector (Financial Services) | 11 of 11 |
Type (Add-on Acquisition) | 13 of 13 |
State (Connecticut) | 2 of 2 |
Country (United States) | 16 of 16 |
Year (2018) | 1 of 1 |
Size (of disclosed) | 1 of 5 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2016-06-27 |
First Choice Bank
Lawrenceville, New Jersey, United States First Choice Bank is a provider of financial services primarily to mercer county and surrounding New Jersey counties and also Bucks County in Pennsylvania. The Bank maintains its principal office and a branch in Lawrenceville, New Jersey, and has eight full service locations. |
Buy | $112M |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2021-08-24 |
Berkshire Insurance Group
Stockbridge, Massachusetts, United States Berkshire Insurance Group is a provider of insurance coverage to customers across the Northeast growing into one of the largest insurance agencies in Western Massachusetts. Berkshire Insurance Group provides personal and commercial property and casualty insurance solutions. Berkshire Insurance Group was established in 2000 and is based in Stockbridge, Massachusetts. |
Sell | - |