M&A Deal Summary |
|
|---|---|
| Date | 2012-02-22 |
| Target | Graystone Tower Bank |
| Sector | Financial Services |
| Buyer(s) | Susquehanna Bancshares |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 1982 |
| Sector | Financial Services |
| Employees | 3,296 |
| Revenue | 872M USD (2013) |
Susquehanna Bancshares, Inc. is a financial services holding company. Susquehanna provides financial services through its subsidiaries at more than 230 branch locations in the mid-Atlantic region. In addition to its three commercial banks, through Susquehanna Wealth Management, Susquehanna offers investment, fiduciary, brokerage, insurance, retirement planning, and private banking services. Susquehanna also operates an insurance and employee benefits company, a commercial finance company, and a vehicle leasing company.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 4 |
| Sector: Financial Services M&A | 4 of 4 |
| Type: Add-on Acquisition M&A Deals | 4 of 4 |
| State: Pennsylvania M&A | 4 of 4 |
| Country: United States M&A | 4 of 4 |
| Year: 2012 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-02-18 |
Tower Bancorp
Harrisburg, Pennsylvania, United States Tower Bancorp, Inc. provides financial services in central and southeastern Pennsylvania as well as Maryland – which operated under the Graystone, Tower and 1N Bank divisions – will open after the Presidents’ Day weekend as Susquehanna Bank offices. |
Buy | $343M |
