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  6. Evans Bancorp Acquires Suchak Data Systems

M&A Deal Summary

Evans Bancorp Acquires Suchak Data Systems

On December 31, 2008, Evans Bancorp acquired software company Suchak Data Systems

Acquisition Highlights
  • This is Evans Bancorp’s 1st transaction in the Software sector.
  • This is Evans Bancorp’s 1st transaction in the United States.
  • This is Evans Bancorp’s 1st transaction in New York.

M&A Deal Summary
Date 2008-12-31
Target Suchak Data Systems
Sector Software
Buyer(s) Evans Bancorp
Deal Type Add-on Acquisition

Target

Suchak Data Systems

Grand Island, New York, United States
Suchak Data Systems, Inc. (SDS), which serves the data processing needs of financial institutions with customized solutions, consultative services and state of the art technology.

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Buyer(S) 1

Buyer

Evans Bancorp

Hamburg, New York, United States
Category Company
Founded 1920
Sector Financial Services
Employees241
Revenue 44M USD (2013)
DESCRIPTION

Evans Bank, National Association operates as a commercial bank.

DEAL STATS #
Overall 1 of 2
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 2
State: New York M&A 1 of 2
Country: United States M&A 1 of 2
Year: 2008 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-19 Fairport Savings Bank

Fairport, New York, United States

FSB Bancorp, Inc. is the bank holding company of Fairport Savings Bank, a New York chartered savings bank headquartered in Fairport, New York. The bank has five branches in the Greater Rochester area and three mortgage offices located in Rochester, Buffalo, and Watertown.

Buy $35M
Mergr

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