M&A Deal Summary

St. Charles Bank & Trust Co. Acquires Elgin State Bancorp

On September 30, 2011, St. Charles Bank & Trust Co. acquired financial services company Elgin State Bancorp for 15M USD

Acquisition Highlights

This is St. Charles Bank & Trust Co.’s 1st transaction in the Financial Services sector.
This is St. Charles Bank & Trust Co.’s largest (disclosed) transaction.
This is St. Charles Bank & Trust Co.’s 1st transaction in the United States.
This is St. Charles Bank & Trust Co.’s 1st transaction in Illinois.

M&A Deal Summary
Date	2011-09-30
Target	Elgin State Bancorp
Sector	Financial Services
Buyer(s)	St. Charles Bank & Trust Co.
Deal Type	Add-on Acquisition
Deal Value	15M USD
Advisor(s)	Barack Ferrazzano Kirschbaum & Nagelberg (BKFN) (Legal)

Target

Elgin State Bancorp

Elgin, Illinois, United States

Elgin State Bancorp, Inc. is a financial services company.

Search 214,600 Deals Now

SEARCH BY

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

Buyer(S) 1

Buyer

St. Charles Bank & Trust Co.

St. Charles, Illinois, United States

Category	Company
Founded	1987
Sector	Financial Services

DESCRIPTION

St. Charles Bank & Trust Co. is a commercial banking services company.

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: Illinois M&A	1 of 1
Country: United States M&A	1 of 1
Year: 2011 M&A	1 of 1
Size (of disclosed)	1 of 1