M&A Deal Summary

Wintrust Acquires Generations Bancorp

On January 14, 2016, Wintrust acquired financial services company Generations Bancorp for 30M USD

Acquisition Highlights
  • This is Wintrust’s 14th transaction in the Financial Services sector.
  • This is Wintrust’s 10th largest (disclosed) transaction.
  • This is Wintrust’s 14th transaction in the United States.
  • This is Wintrust’s 3rd transaction in Wisconsin.

M&A Deal Summary
Date 2016-01-14
Target Generations Bancorp
Sector Financial Services
Buyer(s) Wintrust
Deal Type Add-on Acquisition
Deal Value 30M USD
Advisor(s) Hovde Group LLC (Financial)
Godfrey & Kahn S.C. (Legal)

Target

Generations Bancorp

Pewaukee, Wisconsin, United States
Generations Bancorp, Inc. is a provider of financial services.

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Buyer(S) 1

Buyer

Wintrust

Rosemont, Illinois, United States
Category Company
Founded 1991
Sector Financial Services
Employees5,521
Revenue 2.3B USD (2023)
DESCRIPTION
Entrance to Wintrust's corporate headquarters in Rosemont, Illinois.
Entrance to Wintrust's corporate headquarters in Rosemont, Illinois.

Wintrust is a financial services company that provides traditional community banking services, commercial banking, wealth management services, commercial insurance premium financing, life insurance premium financing, mortgage origination, short-term accounts receivable financing, and certain administrative services, such as data processing of payrolls, billing and treasury management services. The Company serves the greater Chicago, Illinois and southern Wisconsin metropolitan areas. Wintrust was founded in 1991 and is based in Rosemont, Illinois.

DEAL STATS #
Overall 14 of 18
Sector (Financial Services) 14 of 16
Type (Add-on Acquisition) 13 of 15
State (Wisconsin) 3 of 3
Country (United States) 14 of 18
Year (2016) 1 of 1
Size (of disclosed) 10 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-30 North Bank

Chicago, Illinois, United States

North Bank provides banking and financial services to the River North and Streeterville neighborhoods of Chicago. Its two banking facilities are located at 431 North Clark Street and at 360 East Ohio Street.

Buy $17M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-18 Reliable Medical

Brooklyn Park, Minnesota, United States

Reliable Medical is a provider of complex rehab technology, clinical respiratory products, and durable medical equipment and supplies across Minnesota and parts of Western Wisconsin. The company serves a fragile patient base of pediatric and adult patients with conditions such as ALS, multiple sclerosis, cerebral palsy, a severe spinal cord injury, and stage four COPD, among others. Reliable Medical was formed in 1989 and is based in Brooklyn Park, Minnesota.

Buy -
Mergr

Product

Company

Legal