M&A Deal Summary

Univest Financial Acquires Fox Chase Bancorp

On December 8, 2015, Univest Financial acquired financial services company Fox Chase Bancorp for 244M USD

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

M&A Deal Summary
Date 2015-12-08
Target Fox Chase Bancorp
Sector Financial Services
Buyer(s) Univest Financial
Deal Type Add-on Acquisition
Deal Value 244M USD
Advisor(s) Piper Jaffray Companies (Financial)
Luse Gorman (Legal)

Target

Fox Chase Bancorp

Hatboro, Pennsylvania, United States
Fox Chase Bancorp, Inc. is a provider of traditional banking services and products.

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Buyer(S) 1

Buyer

Univest Financial

Souderton, Pennsylvania, United States
Category Company
Founded 1876
Sector Financial Services
Employees920
Revenue 297M USD (2023)
DESCRIPTION

Univest Financial is a provider of a full range of financial solutions for individuals, businesses, municipalities and nonprofit organizations in the Mid-Atlantic Region. Univest Financial was founded in 1876 and is based in Souderton, Pennsylvania.

DEAL STATS #
Overall 2 of 2
Sector (Financial Services) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Pennsylvania) 2 of 2
Country (United States) 2 of 2
Year (2015) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-12-31 Trollinger Consulting Group

Allentown, Pennsylvania, United States

Trollinger Consulting Group an independent actuarial, administrative, consulting/compliance, and investment counseling firm that exclusively serves Municipal Pension Plan clients.

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Company

Legal