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M&A Deal Summary

Ohio Valley Bank Acquires Milton Bancorp

On January 7, 2016, Ohio Valley Bank acquired financial services company Milton Bancorp

Acquisition Highlights
  • This is Ohio Valley Bank’s 1st transaction in the Financial Services sector.
  • This is Ohio Valley Bank’s 1st transaction in the United States.
  • This is Ohio Valley Bank’s 1st transaction in Ohio.

M&A Deal Summary
Date 2016-01-07
Target Milton Bancorp
Sector Financial Services
Buyer(s) Ohio Valley Bank
Deal Type Merger
Advisor(s) Dinsmore & Shohl (Legal)

Target

Milton Bancorp

Wellston, Ohio, United States
The Milton Banking Company was organized in 1921 in Wellston, Ohio, as a state-chartered bank. Today the bank offers services familiar to community banking customers. Milton Bancorp, Inc. is a bank holding company formed for the purpose of owning and operating The Milton Banking Company.

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Buyer(S) 1

Buyer

Ohio Valley Bank

Gallipolis, Ohio, United States
Category Company
Founded 1872
Sector Financial Services
Employees252
Revenue 62M USD (2024)
DESCRIPTION

Ohio Valley Banc operates as bank holding company for The Ohio Valley Bank Company that provides commercial and consumer banking products and services. Ohio Valley Bank was founded in 1872 and is based in Gallipolis, Ohio.

DEAL STATS #
Overall 1 of 1
Sector: Financial Services M&A 1 of 1
Type: Merger M&A Deals 1 of 1
State: Ohio M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 1 of 1
Mergr

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