M&A Deal Summary

Mid Penn Bank Acquires Cumberland

On September 25, 2025, Mid Penn Bank acquired business services company Cumberland

Acquisition Highlights
  • This is Mid Penn Bank’s 1st transaction in the Business Services sector.
  • This is Mid Penn Bank’s 6th transaction in the United States.
  • This is Mid Penn Bank’s 1st transaction in Florida.

M&A Deal Summary

Date 2025-09-25
Target Cumberland
Sector Business Services
Buyer(s) Mid Penn Bank
Deal Type Add-on Acquisition

Target

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.

Search 214,239 Deals Now

SEARCH BY

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

Try Free

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 6 of 6
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 4 of 4
State: Florida M&A 1 of 1
Country: United States M&A 6 of 6
Year: 2025 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-09-24 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.

Buy $101M