M&A Deal Summary

The Huntington National Bank Acquires Advantage Bank

On March 1, 2014, The Huntington National Bank acquired financial services company Advantage Bank

Acquisition Highlights
  • This is The Huntington National Bank’s 1st transaction in the Financial Services sector.
  • This is The Huntington National Bank’s 1st transaction in the United States.
  • This is The Huntington National Bank’s 1st transaction in Ohio.

M&A Deal Summary
Date 2014-03-01
Target Advantage Bank
Sector Financial Services
Buyer(s) The Huntington National Bank
Deal Type Add-on Acquisition

Target

Advantage Bank

Cambridge, Ohio, United States
Advantage Bank provides personal and business banking services.

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Buyer(S) 1

Buyer

The Huntington National Bank

Columbus,, Ohio, United States
Category Company
Founded 1866
Sector Financial Services
DESCRIPTION

The Huntington National Bank Inc. engages in the banking services. Company provides personal and business services to individuals and families, small and middle market businesses, and not-for-profit businesses.

DEAL STATS #
Overall 1 of 4
Sector (Financial Services) 1 of 3
Type (Add-on Acquisition) 1 of 2
State (Ohio) 1 of 1
Country (United States) 1 of 4
Year (2014) 1 of 3
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-09 11 branches Central & East Michigan - Bank of America

United States

11 branches in Central and East Michigan will increase the bank’s Michigan branch total to 173 statewide including 80 locations in the bank’s East Michigan region.

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