M&A Deal Summary

First Merchants Acquires Ameriana Bancorp

On June 29, 2015, First Merchants acquired financial services company Ameriana Bancorp for 69M USD

Acquisition Highlights
  • This is First Merchants’ 7th transaction in the Financial Services sector.
  • This is First Merchants’ 5th largest (disclosed) transaction.
  • This is First Merchants’ 8th transaction in the United States.
  • This is First Merchants’ 5th transaction in Indiana.

M&A Deal Summary

Date 2015-06-29
Target Ameriana Bancorp
Sector Financial Services
Buyer(s) First Merchants
Deal Type Merger
Deal Value 69M USD
Advisor(s) River Branch (Financial)
Kilpatrick Townsend & Stockton (Legal)

Target

Ameriana Bancorp

New Castle, Indiana, United States
Ameriana is a community bank that started in East Central Indiana in 1890 and offers banking, insurance and investment products and services.

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Buyer(S) 1

Buyer

First Merchants

Muncie, Indiana, United States

Category Company
Founded 1893
Sector Financial Services
Employees2,120
Revenue 627M USD (2024)
DESCRIPTION

First Merchants is a financial services holding company. First Merchants provides customers with personal banking, business banking, mortgage lending, cash management services, wealth management, and insurance. First Merchants was founded in 1893 and is based in Muncie, Indiana.


DEAL STATS #
Overall 8 of 10
Sector: Financial Services M&A 7 of 9
Type: Merger M&A Deals 4 of 5
State: Indiana M&A 5 of 5
Country: United States M&A 8 of 10
Year: 2015 M&A 2 of 2
Size (of disclosed) 5 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-15 First Merchants Insurance Group

Muncie, Indiana, United States

First Merchants Insurance Group is a full service property, casualty, personal lines and healthcare insurance agency, with four offices located in Delaware, Hamilton, Madison and Randolph counties.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-25 The Arlington Bank

Upper Arlington, Ohio, United States

The Arlington Bank is a provider of financial services in US.

Buy -