M&A Deal Summary

Beverly Bank & Trust N.A. Acquires HPK Financial

On December 12, 2012, Beverly Bank & Trust N.A. acquired financial services company HPK Financial for 28M USD

Acquisition Highlights
  • This is Beverly Bank & Trust N.A.’s 1st transaction in the Financial Services sector.
  • This is Beverly Bank & Trust N.A.’s largest (disclosed) transaction.
  • This is Beverly Bank & Trust N.A.’s 1st transaction in the United States.
  • This is Beverly Bank & Trust N.A.’s 1st transaction in Illinois.

M&A Deal Summary
Date 2012-12-12
Target HPK Financial
Sector Financial Services
Buyer(s) Beverly Bank & Trust N.A.
Deal Type Add-on Acquisition
Deal Value 28M USD
Advisor(s) Raymond James - Investment Banking (Financial)
Barack Ferrazzano Kirschbaum & Nagelberg (BKFN) (Legal)

Target

HPK Financial

Chicago, Illinois, United States
HPK Financial Corp. is a commercial banking financial services company.

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Buyer(S) 1

Buyer

Beverly Bank & Trust N.A.

Chicago, Illinois, United States
Category Company
Founded 2004
Sector Financial Services
DESCRIPTION

Beverly Bank & Trust Co. N.A. is a provider of full range of commercial and personal banking services.

DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Illinois) 1 of 1
Country (United States) 1 of 1
Year (2012) 1 of 1
Size (of disclosed) 1 of 1
Mergr

Product

Company

Legal