M&A Deal Summary

German American Bank Acquires American Community Bancorp

On January 1, 2011, German American Bank acquired financial services company American Community Bancorp for 14M USD

Acquisition Highlights
  • This is German American Bank’s 10th transaction in the Financial Services sector.
  • This is German American Bank’s 9th largest (disclosed) transaction.
  • This is German American Bank’s 16th transaction in the United States.
  • This is German American Bank’s 13th transaction in Indiana.

M&A Deal Summary
Date 2011-01-01
Target American Community Bancorp
Sector Financial Services
Buyer(s) German American Bank
Deal Type Add-on Acquisition
Deal Value 14M USD
Advisor(s) Stifel, Nicolaus & Co., Inc. (Financial)
Lewis Rice (Legal)

Target

American Community Bancorp

Evansville,, Indiana, United States
American Community Bancorp, Inc., through its subsidiaries, offers banking products and services to individual and corporate customers.

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Buyer(S) 1

Buyer

German American Bank

Jasper, Indiana, United States
Category Company
Founded 1910
Sector Financial Services
Employees840
Revenue 251M USD (2023)
DESCRIPTION

German American Bank is a financial service provider specializes in banking, insurance, and investments for business and retail customers. German American Bank was founded in 1910 and is based in Jasper, Indiana.

DEAL STATS #
Overall 16 of 21
Sector (Financial Services) 10 of 15
Type (Add-on Acquisition) 16 of 17
State (Indiana) 13 of 15
Country (United States) 16 of 21
Year (2011) 1 of 1
Size (of disclosed) 9 of 17
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-10-02 Keach & Grove Insurance

Bedford,, Indiana, United States

Keach & Grove Insurance, Inc. is a provider of insurance services and products for commercial and Individuals.

Buy $2M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-10-01 United Commerce Bancorp

Bloomington,, Indiana, United States

United Commerce Bancorp provides various personal and business banking products and services and operates as the bank holding company for United Commerce Bank.

Buy $16M
Mergr

Product

Company

Legal