M&A Deal Summary

Wintrust Acquires Town Bankshares

On October 4, 2004, Wintrust acquired financial services company Town Bankshares for 41M USD

Acquisition Highlights
  • This is Wintrust’s 4th transaction in the Financial Services sector.
  • This is Wintrust’s 7th largest (disclosed) transaction.
  • This is Wintrust’s 4th transaction in the United States.
  • This is Wintrust’s 1st transaction in Wisconsin.

M&A Deal Summary

Date 2004-10-04
Target Town Bankshares
Sector Financial Services
Buyer(s) Wintrust
Deal Type Add-on Acquisition
Deal Value 41M USD
Advisor(s) Reinhart Boerner Van Deuren (Legal)

Target

Town Bankshares

Delafield, Wisconsin, United States
Town Bankshares Ltd. is a provider of commercial and personal banking services.

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Buyer(S) 1

Buyer

Wintrust

Rosemont, Illinois, United States

Category Company
Founded 1991
Sector Financial Services
Employees5,903
Revenue 2.5B USD (2024)
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 4 of 18
Sector: Financial Services M&A 4 of 16
Type: Add-on Acquisition M&A Deals 4 of 15
State: Wisconsin M&A 1 of 3
Country: United States M&A 4 of 18
Year: 2004 M&A 2 of 2
Size (of disclosed) 7 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-09-30 Northview Financial

United States

Northview Financial Corp. is a financial services company.

Buy $48M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-01-01 Antioch Holding Co.

Antioch, Illinois, United States

Antioch Holding Co. provides banking operations.

Buy $95M