M&A Deal Summary

TriState Capital Bank Acquires The Killen Group

On December 16, 2015, TriState Capital Bank acquired business services company The Killen Group

Acquisition Highlights
  • This is TriState Capital Bank’s 1st transaction in the Business Services sector.
  • This is TriState Capital Bank’s 1st transaction in the United States.
  • This is TriState Capital Bank’s 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2015-12-16
Target The Killen Group
Sector Business Services
Buyer(s) TriState Capital Bank
Deal Type Add-on Acquisition
Advisor(s) Fox Rothschild (Legal)

Target

The Killen Group

Berwyn, Pennsylvania, United States
The Killen Group, Inc. is a provider of investment advisory services to individuals, corporations and non-profit organizations

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Buyer(S) 1

Buyer

TriState Capital Bank

Pittsburgh, Pennsylvania, United States

Category Company
Founded 2006
Sector Financial Services
Employees308
Revenue 195M USD (2020)
DESCRIPTION

TriState Capital Bank is a commercial bank dedicated to providing customized banking solutions for middle-market businesses, professionals. TriState Capital Bank was founded in 2006 and is based in Pittsburgh, Pennsylvania.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Pennsylvania M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2015 M&A 1 of 1