M&A Deal Summary |
|
|---|---|
| Date | 2016-04-04 |
| Target | East River Bank |
| Sector | Financial Services |
| Buyer(s) | DNB Financial |
| Deal Type | Add-on Acquisition |
| Deal Value | 49M USD |
| Advisor(s) | Griffin Financial Group (Financial) Silver Freedman Taff & Tiernan (Legal) |
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| Category | Company |
|---|---|
| Founded | 1860 |
| Sector | Financial Services |
| Revenue | 46M USD (2018) |
DNB Financial Corp. is a bank holding company whose bank subsidiary, DNB First provides a broad array of consumer and business banking products, offers brokerage and insurance services through DNB Investments & Insurance and investment management services through DNB Investment Management & Trust. DNB Financial was founded in 1860 and is headquartered in Downingtown, Pennsylvania.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Financial Services M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| State: Pennsylvania M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2016 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 1 |