M&A Deal Summary

Midland States Bank Acquires Heartland Bank

On December 31, 2014, Midland States Bank acquired financial services company Heartland Bank

Acquisition Highlights
  • This is Midland States Bank’s 1st transaction in the Financial Services sector.
  • This is Midland States Bank’s 1st transaction in New Zealand.

M&A Deal Summary

Date 2014-12-31
Target Heartland Bank
Sector Financial Services
Buyer(s) Midland States Bank
Deal Type Add-on Acquisition

Target

Heartland Bank

Auckland, New Zealand
Heartland Bank has a proud history of supporting small-to-medium sized New Zealand businesses, farms and families in your region.

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Buyer(S) 1

Buyer

Midland States Bank

Effingham, Illinois, United States

Category Company
Sector Financial Services
DESCRIPTION

Midland States Bancorp, Inc. is a community-based financial holding company headquartered in Effingham, Illinois, and is the sole shareholder of Midland States Bank.


DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (New Zealand) 1 of 1
Year (2014) 1 of 1