M&A Deal Summary

Peapack-Gladstone Acquires Princeton PSG

On May 12, 2021, Peapack-Gladstone acquired financial services company Princeton PSG

Acquisition Highlights
  • This is Peapack-Gladstone’s 1st transaction in the Financial Services sector.
  • This is Peapack-Gladstone’s 2nd transaction in the United States.
  • This is Peapack-Gladstone’s 2nd transaction in New Jersey.

M&A Deal Summary

Date 2021-05-12
Target Princeton PSG
Sector Financial Services
Buyer(s) Peapack-Gladstone
Deal Type Add-on Acquisition

Target

Princeton PSG

Princeton, New Jersey, United States
Princeton PSG is a provider of wealth management services and customized portfolio management solutions to individuals and institutions. Princeton PSG was founded in 2011 and is based in Princeton, New Jersey.

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Buyer(S) 1

Buyer

Peapack-Gladstone

Bedminster, New Jersey, United States

Category Company
Founded 1921
Sector Financial Services
Employees620
Revenue 224M USD (2024)
DESCRIPTION

Peapack-Gladstone is a bank holding company with total assets of $2.4 billion. Peapack-Gladstone is a commercial bank that offers a full range of quality banking products and services to businesses and consumers through its New Jersey locations, an online branch, a wealth management division, and its subsidiary, PGB Trust & Investments of Delaware. Peapack-Gladstone was founded in 1921 and is based in Bedminster, New Jersey.


DEAL STATS #
Overall 2 of 2
Sector: Financial Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: New Jersey M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-29 Lassus Wherley & Associates PC

New Providence, New Jersey, United States

Lassus Wherley & Associates PC is a provider of financial planning, investment management, tax preparation, trust services, and family office support. Lassus Wherley & Associates was founded in 1985 and is based in New Providence, New Jersey.

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