M&A Deal Summary

MainSource Financial Group Acquires 1st Independence Financial Group

On September 2, 2008, MainSource Financial Group acquired financial services company 1st Independence Financial Group

Acquisition Highlights
  • This is MainSource Financial Group’s 5th transaction in the Financial Services sector.
  • This is MainSource Financial Group’s 5th transaction in the United States.
  • This is MainSource Financial Group’s 1st transaction in Kentucky.

M&A Deal Summary
Date 2008-09-02
Target 1st Independence Financial Group
Sector Financial Services
Buyer(s) MainSource Financial Group
Deal Type Add-on Acquisition

Target

1st Independence Financial Group

Louisville, Kentucky, United States
1st Independence Financial Group, Inc. is a provider of financial services in US.

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Buyer(S) 1

Buyer

MainSource Financial Group

Greensburg, Indiana, United States
Category Company
Founded 1906
Sector Financial Services
Employees841
Revenue 161M USD (2015)
DESCRIPTION

MainSource Financial Group is a community-focused financial holding company. Founded in 1904 and headquartered in Greensburg, Indiana, MainSource Bank provides consumer and commercial banking services to clients in Indiana, Ohio, Kentucky and Illinois. The Company operates 101 banking centers, including 94 full-service offices, through its banking subsidiary, MainSource Bank, Greensburg, Indiana.

DEAL STATS #
Overall 5 of 10
Sector (Financial Services) 5 of 10
Type (Add-on Acquisition) 5 of 9
State (Kentucky) 1 of 2
Country (United States) 5 of 10
Year (2008) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-08-21 First Financial Bank NA

El Dorado, Arizona, United States

First Financial Bank NA is a provider of financials services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-09-27 Krumme and Brock Investment Services

Seymour, Indiana, United States

Krumme and Brock Investment Services LLC is an independent firm offering securities through Raymond James Financial Services, Inc. Financial Advisors and firm owners, Galen Krumme and Cliff Brock, in addition to the Registered Administrative Assistant, Kimberly Wetzel, will join the MainSource team immediately.

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