M&A Deal Summary

Peoples Bank Acquires NB&T Financial Group

On March 6, 2015, Peoples Bank acquired financial services company NB&T Financial Group for 8M USD

Acquisition Highlights
  • This is Peoples Bank’s 1st transaction in the Financial Services sector.
  • This is Peoples Bank’s largest (disclosed) transaction.
  • This is Peoples Bank’s 1st transaction in the United States.
  • This is Peoples Bank’s 1st transaction in Ohio.

M&A Deal Summary

Date 2015-03-06
Target NB&T Financial Group
Sector Financial Services
Buyer(s) Peoples Bank
Deal Type Add-on Acquisition
Deal Value 8M USD
Advisor(s) Keefe, Bruyette, & Woods, Inc. (Financial)
Vorys, Sater, Seymour and Pease (Legal)

Target

NB&T Financial Group

Wilmington, Ohio, United States
NB&T Financial Group, Inc. is a provider of financial services in US.

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Buyer(S) 1

Buyer

Peoples Bank

Indianapolis, Indiana, United States

Category Company
Sector Financial Services
Employees215
DESCRIPTION

Peoples Bank Corp., is the holding company for Peoples Bank & Trust Company. Peoples Bank provides various banking services.


DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Ohio) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1
Size (of disclosed) 1 of 1