M&A Deal Summary |
|
|---|---|
| Date | 2018-06-07 |
| Target | Lincoln Community Bank |
| Sector | Financial Services |
| Buyer(s) | Mackinac Financial |
| Deal Type | Add-on Acquisition |
| Deal Value | 9M USD |
| Advisor(s) | Hovde Group (Financial) Ballard Spahr (Legal) |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1974 |
| Sector | Financial Services |
| Revenue | 63M USD (2020) |
Formed in 1974, Mackinac Financial Corp. is headquartered in Manistique, Michigan, and has 28 branch locations; ten in the Upper Peninsula, ten in the Northern Lower Peninsula, one in Oakland County, Michigan, and seven in Northern Wisconsin. The Corporation's banking services include commercial lending and treasury management products and services geared toward small- to mid-sized businesses, as well as a full array of personal and business deposit products and consumer loans.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 4 |
| Sector: Financial Services M&A | 4 of 4 |
| Type: Add-on Acquisition M&A Deals | 4 of 4 |
| State: Wisconsin M&A | 3 of 3 |
| Country: United States M&A | 4 of 4 |
| Year: 2018 M&A | 1 of 1 |
| Size (of disclosed) | 3 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-05-24 |
Niagara Bank
Niagara, Wisconsin, United States Niagara Bank is a full-service community-based financial services company. Niagara Bank is based in Niagara, Wisconsin. |
Buy | $7M |
