M&A Deal Summary |
|
|---|---|
| Date | 2011-10-25 |
| Target | The Connecticut Bank and Trust Co. |
| Sector | Financial Services |
| Buyer(s) | Berkshire Bank |
| Deal Type | Merger |
| Deal Value | 30M USD |
| Advisor(s) | Keefe, Bruyette & Woods (Financial) Day Pitney (Legal) |
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| Category | Company |
|---|---|
| Founded | 1846 |
| Sector | Financial Services |
| Employees | 1,310 |
| Revenue | 384M USD (2024) |
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 | 10 of 16 |
| Sector: Financial Services M&A | 5 of 11 |
| Type: Merger M&A Deals | 1 of 1 |
| State: Connecticut M&A | 1 of 2 |
| Country: United States M&A | 10 of 16 |
| Year: 2011 M&A | 2 of 2 |
| Size (of disclosed) | 5 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-07-01 |
Legacy Bank
Pittsfield,, Massachusetts, United States The Legacy Bank is a Pennsylvania state-chartered bank . Legacy serves a niche market of small and middle-market businesses and professionals and uses a business model predicated on convenient delivery of banking products and services. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-05-31 |
Beacon Federal Bancorp
East Syracuse, New York, United States Beacon Federal Bancorp, Inc. is a provider of banking and related financial services to both individual and commercial customers. |
Buy | $132M |
