M&A Deal Summary

First Merchants Acquires The Arlington Bank

On January 25, 2017, First Merchants acquired financial services company The Arlington Bank

Acquisition Highlights
  • This is First Merchants’ 8th transaction in the Financial Services sector.
  • This is First Merchants’ 9th transaction in the United States.
  • This is First Merchants’ 3rd transaction in Ohio.

M&A Deal Summary
Date 2017-01-25
Target The Arlington Bank
Sector Financial Services
Buyer(s) First Merchants
Deal Type Merger
Advisor(s) Boenning & Scattergood (Financial)
Vorys, Sater, Seymour and Pease (Legal)

Target

The Arlington Bank

Upper Arlington, Ohio, United States
The Arlington Bank is a provider of financial services in US.

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Buyer(S) 1

Buyer

First Merchants

Muncie, Indiana, United States
Category Company
Founded 1893
Sector Financial Services
Employees2,162
Revenue 651M USD (2023)
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 incorporated in 1893 and is based in Muncie, Indiana.

DEAL STATS #
Overall 9 of 10
Sector (Financial Services) 8 of 9
Type (Merger) 5 of 5
State (Ohio) 3 of 3
Country (United States) 9 of 10
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-29 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.

Buy $69M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-10 MBT Financial

Monroe, Michigan, United States

MBT Financial is an independently-owned community bank that offers a complete range of services to commercial and retail clients. MBT Financial was founded in 1858 and is based in Monroe, Michigan.

Buy $291M
Mergr

Product

Company

Legal