M&A Deal Summary

MainSource Financial Group Acquires FCB Bancorp

On December 19, 2016, MainSource Financial Group acquired financial services company FCB Bancorp for 57M USD

Acquisition Highlights
  • This is MainSource Financial Group’s 10th transaction in the Financial Services sector.
  • This is MainSource Financial Group’s 2nd largest (disclosed) transaction.
  • This is MainSource Financial Group’s 10th transaction in the United States.
  • This is MainSource Financial Group’s 2nd transaction in Kentucky.

M&A Deal Summary
Date 2016-12-19
Target FCB Bancorp
Sector Financial Services
Buyer(s) MainSource Financial Group
Deal Type Add-on Acquisition
Deal Value 57M USD
Advisor(s) Sandler O'Neill + Partners (Financial)
Frost Brown Todd (Legal)

Target

FCB Bancorp

Louisville, Kentucky, United States
FCB Bancorp, Inc. is a holding company of The First Capital Bank of Kentucky. First Capital Bank is headquartered in Louisville, Kentucky with assets of approximately $523.6 million and operates 7 full service branches in greater Louisville with a commitment to community banking and personal service.

Search 201,429 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

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 10 of 10
Sector (Financial Services) 10 of 10
Type (Add-on Acquisition) 9 of 9
State (Kentucky) 2 of 2
Country (United States) 10 of 10
Year (2016) 1 of 1
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-24 Cheviot Financial

Cincinnati, Ohio, United States

Cheviot Financial Corp. is a provider of traditional personal and business banking products and services, including checking, savings, business, and health savings accounts, as well as debit and credit cards, online banking, remote deposit capture and certificates of deposit.

Buy $107M
Mergr

Product

Company

Legal