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  6. HarborOne Bank Acquires Cumberland County Mortgage

M&A Deal Summary

HarborOne Bank Acquires Cumberland County Mortgage

On December 31, 2017, HarborOne Bank acquired financial services company Cumberland County Mortgage

Acquisition Highlights
  • This is HarborOne Bank’s 2nd transaction in the Financial Services sector.
  • This is HarborOne Bank’s 2nd transaction in the United States.
  • This is HarborOne Bank’s 1st transaction in Michigan.

M&A Deal Summary
Date 2017-12-31
Target Cumberland County Mortgage
Sector Financial Services
Buyer(s) HarborOne Bank
Deal Type Add-on Acquisition

Target

Cumberland County Mortgage

South Portland, Michigan, United States
Cumberland County Mortgage is a provider of financial services. Cumberland County Mortgage is based in South Portland, Michigan.

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Buyer(S) 1

Buyer

HarborOne Bank

Brockton, Massachusetts, United States
Category Company
Founded 1917
Sector Financial Services
DESCRIPTION

HarborOne Bank is a co-operative bank. HarborOne Bank serves the financial needs of consumer and business banking customers throughout Massachusetts and Rhode Island through a network of 14 full-service branches.

DEAL STATS #
Overall 2 of 2
Sector: Financial Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: Michigan M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-01 Merrimack Mortgage Co.

Manchester, New Hampshire, United States

Merrimack Mortgage Co., Inc. is an independent mortgage bankers.

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