M&A Deal Summary

First Financial Bank Acquires MainSource Financial Group

On July 25, 2017, First Financial Bank acquired financial services company MainSource Financial Group for 1.0B USD

Acquisition Highlights
  • This is First Financial Bank’s 9th transaction in the Financial Services sector.
  • This is First Financial Bank’s largest (disclosed) transaction.
  • This is First Financial Bank’s 9th transaction in the United States.
  • This is First Financial Bank’s 4th transaction in Indiana.

M&A Deal Summary

Date 2017-07-25
Target MainSource Financial Group
Sector Financial Services
Buyer(s) First Financial Bank
Deal Type Merger
Deal Value 1.0B USD
Advisor(s) Keefe, Bruyette, & Woods, Inc. (Financial)
Amundsen Davis (Legal)

Target

MainSource Financial Group

Greensburg, Indiana, United States
MainSource Financial Group is a community-focused financial holding company. Founded in 1904 and headquartered in Greensburg, Indiana, MainSource Bank provides consumer and commercial banking services to clients in Indiana, Ohio, Kentucky and Illinois. The Company operates 101 banking centers, including 94 full-service offices, through its banking subsidiary, MainSource Bank, Greensburg, Indiana.

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Buyer(S) 1

Buyer

First Financial Bank

Cincinnati, Ohio, United States

Category Company
Founded 1863
Sector Financial Services
Employees2,108
Revenue 709M USD (2022)
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 9 of 11
Sector (Financial Services) 9 of 11
Type (Merger) 1 of 1
State (Indiana) 4 of 4
Country (United States) 9 of 11
Year (2017) 1 of 1
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-14 Oak Street Funding

Carmel, Indiana, United States

Oak Street Funding is a provider of commission-based loans to help insurance agents and brokers maximize their book of business value and grow their agency business. Oak Street Funding is based in Carmel, Indiana.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-19 Bannockburn Global Forex

Cincinnati, Ohio, United States

Bannockburn Global Forex LLC is a provider of currency trading services headquartered in Cincinnati, Ohio with regional sales offices located in New York, Kansas City, Chicago, Richmond, and Santa Monica. The company specializes in foreign exchange hedging and settlement transactions as well as currency-related advisory services for corporate and institutional clients.

Buy -