M&A Deal Summary

First Financial Bank Acquires Irwin Union Bank and Trust Co.

On July 1, 2009, First Financial Bank acquired financial services company Irwin Union Bank and Trust Co.

Acquisition Highlights
  • This is First Financial Bank’s 1st transaction in the Financial Services sector.
  • This is First Financial Bank’s 1st transaction in the United States.
  • This is First Financial Bank’s 1st transaction in Indiana.

M&A Deal Summary

Date 2009-07-01
Target Irwin Union Bank and Trust Co.
Sector Financial Services
Buyer(s) First Financial Bank
Deal Type Add-on Acquisition

Target

Irwin Union Bank and Trust Co.

Columbus,, Indiana, United States
Irwin Union Bank and Trust Company provides commercial banking services in Indiana, Michigan, Nevada, and Utah. It offers personal and business banking services, and investment services.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

First Financial Bank

Cincinnati, Ohio, United States

Category Company
Founded 1863
Sector Financial Services
Employees2,090
Revenue 836M USD (2024)
DESCRIPTION

First Financial Bank is a mid-sized, regional bank holding company. First Financial engages in the business of commercial banking and other banking and banking-related activities through its wholly owned subsidiary, First Financial Bank. The range of banking services provided by First Financial to individuals and businesses includes commercial lending, real estate lending, and consumer financing. In addition, a full range of trust and wealth management services is also provided through First Financial’s Wealth Management division. First Financial Bank was incorporated in 1863 and is based in Cincinnati, Ohio.


DEAL STATS #
Overall 1 of 11
Sector: Financial Services M&A 1 of 11
Type: Add-on Acquisition M&A Deals 1 of 9
State: Indiana M&A 1 of 4
Country: United States M&A 1 of 11
Year: 2009 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-10-11 First Financial Bancorp - Merchant Service Portfolio

United States

First Financial Bancorp Merchant Service Portfolio is engaged in the merchant payment processing software.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-07-31 Peoples Community Bank

West Chester,, Ohio, United States

Peoples Community Bank is a federally chartered savings bank,which provides financial services and products.

Buy -