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  6. Northwest Bancorporation Acquires CenterPointe Community Bank

M&A Deal Summary

Northwest Bancorporation Acquires CenterPointe Community Bank

On March 23, 2017, Northwest Bancorporation acquired financial services company CenterPointe Community Bank

Acquisition Highlights
  • This is Northwest Bancorporation’s 2nd transaction in the Financial Services sector.
  • This is Northwest Bancorporation’s 2nd transaction in the United States.
  • This is Northwest Bancorporation’s 2nd transaction in Washington.

M&A Deal Summary
Date 2017-03-23
Target CenterPointe Community Bank
Sector Financial Services
Buyer(s) Northwest Bancorporation
Deal Type Add-on Acquisition
Advisor(s) Wedbush Securities (Financial)
Lane Powell (Legal)

Target

CenterPointe Community Bank

Bingen, Washington, United States
CenterPointe Community Bank is a state-chartered community bank serving its communities through its three branch locations in the Columbia River Gorge region and a loan production office in Lake Oswego.

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Buyer(S) 1

Buyer

Northwest Bancorporation

Spokane, Washington, United States
Category Company
Founded 1989
Sector Financial Services
Revenue 22M USD (2012)
DESCRIPTION

Northwest Bancorporation, Inc. is specializes in meeting the financial needs of individuals and small to medium-sized businesses, including professional corporations, by providing a full line of commercial, retail, mortgage and private banking products and services.

DEAL STATS #
Overall 2 of 2
Sector: Financial Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: Washington M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-23 Fairfield Financial Holdings

Fairfield, Washington, United States

Fairfield Financial Holdings Corp. parent company of Bank of Fairfield, a state-chartered community bank provides full service banking.

Buy $21M
Mergr

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