M&A Deal Summary

Mid Penn Bank Acquires 1st Colonial

On September 24, 2025, Mid Penn Bank acquired financial services company 1st Colonial for 101M USD

Acquisition Highlights
  • This is Mid Penn Bank’s 5th transaction in the Financial Services sector.
  • This is Mid Penn Bank’s 2nd largest (disclosed) transaction.
  • This is Mid Penn Bank’s 5th transaction in the United States.
  • This is Mid Penn Bank’s 2nd transaction in New Jersey.

M&A Deal Summary

Date 2025-09-24
Target 1st Colonial
Sector Financial Services
Buyer(s) Mid Penn Bank
Deal Type Add-on Acquisition
Deal Value 101M USD
Advisor(s) Stephens (Financial)
Stradley Ronon (Legal)

Target

1st Colonial

Mount Laurel, New Jersey, United States
1st Colonial provides a range of business and consumer financial services, placing emphasis on customer service and access to decision makers. 1st Colonial is headquartered in Collingswood, New Jersey and has branches in Westville, New Jersey, and Limerick, Pennsylvania.

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Buyer(S) 1

Buyer

Mid Penn Bank

Harrisburg, Pennsylvania, United States

Category Company
Founded 1868
Sector Financial Services
Employees600
Revenue 177M USD (2024)
DESCRIPTION

Mid Penn Bank through its banking subsidiary, Mid Penn Bank, services Central Pennsylvania since 1868. Headquartered in Millersburg, Pa., Mid Penn Bank has 21 retail locations in Cumberland, Dauphin, Lancaster, Luzerne, Northumberland and Schuylkill Counties. The bank offers a diverse portfolio of products and services to meet the personal and business banking needs of the community. Mid Penn Bank was founded in 1868 and is based in Harrisburg, Pennsylvania.


DEAL STATS #
Overall 5 of 6
Sector: Financial Services M&A 5 of 5
Type: Add-on Acquisition M&A Deals 3 of 4
State: New Jersey M&A 2 of 2
Country: United States M&A 5 of 6
Year: 2025 M&A 1 of 2
Size (of disclosed) 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-20 Brunswick Bank & Trust

New Brunswick, New Jersey, United States

Brunswick Bank & Trust is a chartered commercial bank that serves central New Jersey through its main office and four additional branch offices. Brunswick Bank & Trust is headquartered in New Brunswick, New Jersey.

Buy $54M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-09-25 Cumberland

Sarasota, Florida, United States

Cumberland is a Registered Investment Advisory firm offering a fee-for-service investment management company serving advisors, individuals, and institutional investors. The firm has a conservative investment orientation to manage both risks as well as returns. It also consults for institutional clients. Cumberland was formed in 1973 and is based in Sarasota, Florida.

Buy -