M&A Deal Summary

People s United Bank Acquires Maine Bank & Trust

On January 1, 2009, People s United Bank acquired financial services company Maine Bank & Trust

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

M&A Deal Summary
Date 2009-01-01
Target Maine Bank & Trust
Sector Financial Services
Buyer(s) People s United Bank
Deal Type Add-on Acquisition

Target

Maine Bank & Trust

Portland, Maine, United States
aine Bank & Trust is a commercial bank that offers personal and business banking services.

Search 201,839 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

People s United Bank

Bridgeport, Connecticut, United States
Category Company
Sector Financial Services
DESCRIPTION

People's United Bank, provides financial services.

DEAL STATS #
Overall 1 of 6
Sector (Financial Services) 1 of 5
Type (Add-on Acquisition) 1 of 3
State (Maine) 1 of 1
Country (United States) 1 of 6
Year (2009) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-04-16 Butler Bank

Lowell, Massachusetts, United States

Butler Bank, a financial service company.

Buy -
Mergr

Product

Company

Legal