M&A Deal Summary

Talmer Bancorp Acquires First of Huron

On February 6, 2015, Talmer Bancorp acquired financial services company First of Huron for 13M USD

Acquisition Highlights
  • This is Talmer Bancorp’s 2nd transaction in the Financial Services sector.
  • This is Talmer Bancorp’s largest (disclosed) transaction.
  • This is Talmer Bancorp’s 2nd transaction in the United States.
  • This is Talmer Bancorp’s 1st transaction in Michigan.

M&A Deal Summary
Date 2015-02-06
Target First of Huron
Sector Financial Services
Buyer(s) Talmer Bancorp
Deal Type Add-on Acquisition
Deal Value 13M USD
Advisor(s) Austin Associates (Financial)
Shumaker, Loop & Kendrick (Legal)

Target

First of Huron

Bad Axe, Michigan, United States
First of Huron Corp. is a provider of personal and commercial banking services.

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Buyer(S) 1

Buyer

Talmer Bancorp

Troy, Michigan, United States
Category Company
Founded 2003
Sector Financial Services
Employees1,199
Revenue 321M USD (2015)
DESCRIPTION

Talmer Bancorp is the holding company for Talmer Bank and Trust provides various banking services and products.

DEAL STATS #
Overall 2 of 2
Sector (Financial Services) 2 of 2
Type (Add-on Acquisition) 1 of 1
State (Michigan) 1 of 1
Country (United States) 2 of 2
Year (2015) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-12-18 Lake Shore Wisconsin

Sheboygan, Wisconsin, United States

Lake Shore Wisconsin Corp. provides community/commercial banking services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-01 Talmer Bank and Trust - Chicago Branch

Chicago, United States

Talmer Bank and Trust - Chicago Branch is a provider of various financial services and products with approximately $82 million of deposits and approximately $238 million of loans.

Sell -
Mergr

Product

Company

Legal