M&A Deal Summary

Glacier Bank Acquires Mountain West Bank

On February 4, 2000, Glacier Bank acquired financial services company Mountain West Bank for 16M USD

Acquisition Highlights
  • This is Glacier Bank’s 5th transaction in the Financial Services sector.
  • This is Glacier Bank’s 17th largest (disclosed) transaction.
  • This is Glacier Bank’s 5th transaction in the United States.
  • This is Glacier Bank’s 1st transaction in Idaho.

M&A Deal Summary
Date 2000-02-04
Target Mountain West Bank
Sector Financial Services
Buyer(s) Glacier Bank
Deal Type Add-on Acquisition
Deal Value 16M USD
Advisor(s) Columbus Merchant Banking (Financial)
Lukins & Annis (Legal)

Target

Mountain West Bank

Coeur d'Alene, Idaho, United States
Mountain West Bank engages in generating deposits and originating loans in the United States.

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Buyer(S) 1

Buyer

Glacier Bank

Kalispell, Montana, United States
Category Company
Founded 1955
Sector Financial Services
Employees3,438
Revenue 789M USD (2023)
DESCRIPTION

Glacier Bank is a regional bank holding company providing commercial banking services. Glacier Bank was founded in 1955 and is based in Kalispell, Montana.

DEAL STATS #
Overall 5 of 29
Sector (Financial Services) 5 of 29
Type (Add-on Acquisition) 5 of 28
State (Idaho) 1 of 2
Country (United States) 5 of 29
Year (2000) 1 of 1
Size (of disclosed) 17 of 22
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-01-20 Big Sky Western Bank

Bozeman, Montana, United States

Big Sky Western Bank provides various commercial banking services primarily to small and medium-sized businesses, professionals, and retail customers.

Buy $5M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-02-28 WesterFed Financial

Missoula,, Montana, United States

WesterFed Financial Corp is a provider of banking services.

Buy $100M
Mergr

Product

Company

Legal