M&A Deal Summary

Camden National Bank Acquires SBM Financial

On October 16, 2015, Camden National Bank acquired financial services company SBM Financial

Acquisition Highlights
  • This is Camden National Bank’s 1st transaction in the Financial Services sector.
  • This is Camden National Bank’s 1st transaction in the United States.
  • This is Camden National Bank’s 1st transaction in Maine.

M&A Deal Summary

Date 2015-10-16
Target SBM Financial
Sector Financial Services
Buyer(s) Camden National Bank
Deal Type Add-on Acquisition

Target

SBM Financial

Gardiner, Maine, United States
SBM Financial, Inc. is a provider of personal and business financial services.

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Buyer(S) 1

Buyer

Camden National Bank

Camden, Maine, United States

Category Company
Founded 1875
Sector Financial Services
Employees600
Revenue 156M USD (2023)
DESCRIPTION

Camden National Bank is a provider of commercial and consumer banking products and services to consumer, institutional, municipal, non-profit, and commercial customers primarily in the state of Maine. Camden National Bank was incorporated in 1875 and is based in Camden, Maine.


DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Maine) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1