M&A Deal Summary

Tompkins Financial Acquires VIST Financial

On August 1, 2012, Tompkins Financial acquired financial services company VIST Financial for 84M USD

Acquisition Highlights
  • This is Tompkins Financial’s 3rd transaction in the Financial Services sector.
  • This is Tompkins Financial’s largest (disclosed) transaction.
  • This is Tompkins Financial’s 3rd transaction in the United States.
  • This is Tompkins Financial’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2012-08-01
Target VIST Financial
Sector Financial Services
Buyer(s) Tompkins Financial
Deal Type Add-on Acquisition
Deal Value 84M USD
Advisor(s) Stifel, Nicolaus & Co., Inc. (Financial)
Stevens & Lee
Harris Beach (Legal)

Target

VIST Financial

Wyomissing, Pennsylvania, United States
VIST Financial Corp is a financial services company with $1.4 billion in assets, $1.2 billion in deposits and $960 million in loans. It is parent to VIST Bank, VIST Insurance, and VIST Capital Management. VIST Bank operates as a community bank with 21 branch offices in southeastern Pennsylvania, serving Berks, Montgomery, Philadelphia, Chester, Delaware and Schuylkill Counties.

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Buyer(S) 1

Buyer

Tompkins Financial

Ithaca, New York, United States
Category Company
Founded 1836
Sector Financial Services
Employees978
Revenue 216M USD (2023)
DESCRIPTION

Tompkins Financial is a state based financial services holding company with $5 billion in assets, providing community banking, insurance, and wealth management services. Tompkins Financial was founded in 1836 and is based in Ithaca, New York.

DEAL STATS #
Overall 3 of 3
Sector (Financial Services) 3 of 3
Type (Add-on Acquisition) 3 of 3
State (Pennsylvania) 1 of 1
Country (United States) 3 of 3
Year (2012) 1 of 1
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-05-08 Sleepy Hollow Bancorp

Sleepy Hollow, New York, United States

Sleepy Hollow Bancorp has assets of approximately $245 million and is the parent company of Sleepy Hollow Bank, which operates five full-service offices and one limited-service facility, all in Westchester County, New York.

Buy $30M
Mergr

Product

Company

Legal