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  6. Republic First Bank Acquires Oak Mortgage Co.

M&A Deal Summary

Republic First Bank Acquires Oak Mortgage Co.

On July 26, 2016, Republic First Bank acquired financial services company Oak Mortgage Co.

Acquisition Highlights
  • This is Republic First Bank’s 1st transaction in the Financial Services sector.
  • This is Republic First Bank’s 1st transaction in the United States.
  • This is Republic First Bank’s 1st transaction in New Jersey.

M&A Deal Summary
Date 2016-07-26
Target Oak Mortgage Co.
Sector Financial Services
Buyer(s) Republic First Bank
Deal Type Add-on Acquisition

Target

Oak Mortgage Co.

Marlton, New Jersey, United States
Oak Mortgage Co. LLC is a residential mortgage company, that specialize in the origination of residential mortgage products. Republic First Bancorp was formed in 1998 and is based in Marlton, New Jersey.

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Buyer(S) 1

Buyer

Republic First Bank

Philadelphia, Pennsylvania, United States
Category Company
Founded 1987
Sector Financial Services
Employees467
Revenue 157M USD (2021)
DESCRIPTION

Republic First Bank is a full-service, state-chartered commercial bank, whose deposits are insured up to the applicable limits by the federal deposit insurance corporation (FDIC). Republic First Bank was founded in 1987 and is based in Philadelphia, Pennsylvania.

DEAL STATS #
Overall 1 of 1
Sector: Financial Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: New Jersey M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 1 of 1
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