M&A Deal Summary

German American Bank Acquires CSB Bancorp Indiana

On June 1, 1998, German American Bank acquired financial services company CSB Bancorp Indiana for 23M USD

Acquisition Highlights
  • This is German American Bank’s 5th transaction in the Financial Services sector.
  • This is German American Bank’s 5th largest (disclosed) transaction.
  • This is German American Bank’s 5th transaction in the United States.
  • This is German American Bank’s 5th transaction in Indiana.

M&A Deal Summary
Date 1998-06-01
Target CSB Bancorp Indiana
Sector Financial Services
Buyer(s) German American Bank
Deal Type Add-on Acquisition
Deal Value 23M USD
Advisor(s) BKD LLP (Financial)
Krieg DeVault (Legal)

Target

CSB Bancorp Indiana

Indiana, United States
CSB Bancorp, Indiana, provides a range of banking, trust, financial, and brokerage services to corporate, institutional, and individual 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 5 of 21
Sector (Financial Services) 5 of 15
Type (Add-on Acquisition) 5 of 17
State (Indiana) 5 of 15
Country (United States) 5 of 21
Year (1998) 2 of 4
Size (of disclosed) 5 of 17
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1998-06-01 FSB Financial

Indiana, United States

FSB Financial Corp is a provider of financial services.

Buy $2M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1998-11-09 Doty Agency Inc

United States

Doty Agency, Inc is an Insurance Broker Company provides insurance and commercial products.

Buy $2M
Mergr

Product

Company

Legal