M&A Deal Summary

TD Banknorth Acquires Hudson United Bancorp.

On July 12, 2005, TD Banknorth acquired financial services company Hudson United Bancorp. for 1.9B USD

Acquisition Highlights
  • This is TD Banknorth’s 1st transaction in the Financial Services sector.
  • This is TD Banknorth’s largest (disclosed) transaction.
  • This is TD Banknorth’s 1st transaction in the United States.
  • This is TD Banknorth’s 1st transaction in New Jersey.

M&A Deal Summary
Date 2005-07-12
Target Hudson United Bancorp.
Sector Financial Services
Buyer(s) TD Banknorth
Deal Type Add-on Acquisition
Deal Value 1.9B USD

Target

Hudson United Bancorp.

Mahwah, New Jersey, United States
Hudson United Bancorp is a regional bank headquartered in Mahwah, New Jersey.

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Buyer(S) 1

Buyer

TD Banknorth

Cherry Hill, New Jersey, United States
Category Company
Founded 1852
Sector Financial Services
DESCRIPTION

TD Banknorth Inc. is a banking and financial services company headquartered in Cherry Hill, New Jersey and a majority-owned subsidiary of TD Bank Financial Group.

DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (New Jersey) 1 of 1
Country (United States) 1 of 1
Year (2005) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-05-01 Flatiron Credit Company

Denver, Colorado, United States

Flatiron Credit Company, Inc. handles insurance premium finance contracts for commercial property and casualty insurance through a national network of insurance agents and insurance brokers, managing general agents and insurance companies.

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