M&A Deal Summary

Bryn Mawr Acquires Robert J. McAllister Agency

On April 6, 2015, Bryn Mawr acquired insurance company Robert J. McAllister Agency

Acquisition Highlights
  • This is Bryn Mawr’s 1st transaction in the Insurance sector.
  • This is Bryn Mawr’s 4th transaction in the United States.
  • This is Bryn Mawr’s 3rd transaction in Pennsylvania.

M&A Deal Summary

Date 2015-04-06
Target Robert J. McAllister Agency
Sector Insurance
Buyer(s) Bryn Mawr
Deal Type Add-on Acquisition

Target

Robert J. McAllister Agency

Rosemont, Pennsylvania, United States
Robert J. McAllister Agency, Inc. is a full-service agency providing insurance and risk management solutions for individuals and businesses in the Philadelphia region.

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Buyer(S) 1

Buyer

Bryn Mawr

Bryn Mawr, Pennsylvania, United States

Category Company
Founded 1889
Sector Financial Services
Employees632
Revenue 222M USD (2020)
DESCRIPTION

Bryn Mawr is a regional provider of financial services for individuals, families, businesses, and organizations. The company operates 41 banking locations, 7 wealth management offices, and 2 insurance and risk management locations in the following counties: Montgomery, Chester, Delaware, Philadelphia, and Dauphin Counties in Pennsylvania; New Castle County in Delaware; and Mercer and Camden Counties in New Jersey. Bryn Mawr Bank was founded in 1889 and is based in Bryn Mawr, Pennsylvania.


DEAL STATS #
Overall 4 of 6
Sector: Insurance M&A 1 of 2
Type: Add-on Acquisition M&A Deals 4 of 6
State: Pennsylvania M&A 3 of 5
Country: United States M&A 4 of 6
Year: 2015 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-02 Continental Bank Holdings

Plymouth Meeting, Pennsylvania, United States

Continental Bank Holdings is the the holding company for Continental Bank, a Pennsylvania based community bank.

Buy $125M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-31 Royal Bancshares of Pennsylvania

Bala Cynwyd, Pennsylvania, United States

Royal Bancshares of Pennsylvania, Inc. is a provider of financial products and services through a comprehensive suite of cash management services and thirteen branches and two loan production offices.

Buy $128M