Mergers / Acquisitions

MidFirst Bank Receives Regulatory Approval to Acquire Houston Banking Locations of Amerant Bank

MidFirst Bank has received all required regulatory approvals to complete the previously announced acquisition of the Houston, Texas banking locations of Amerant Bank. MidFirst expects the acquisition to close on Nov. 8, 2024, subject to the satisfaction of customary closing conditions. read more

WesBanco to Merge with Premier Financial, Secures $125MM Investment from Wellington

WesBanco and Premier Financial have executed a definitive agreement and plan of merger providing for the merger of Premier with and into WesBanco. Jeff Jackson, president and CEO of WesBanco, and Gary Small, president and CEO of Premier, made the joint announcement. read more

Ryder System to Acquire Pit Stop Fleet Service

Ryder System has entered into a definitive agreement to acquire Pit Stop Fleet Service, enabling the expansion and further strengthening of Ryder’s Torque by Ryder retail mobile maintenance business offering. read more

Equity Bancshares Completes Merger with KansasLand Bancshares

Equity Bancshares, the Wichita-based holding company of Equity Bank, completed the acquisition of KansasLand Bancshares, the parent company of KansasLand Bank. With this acquisition, Equity has expanded into Americus, Kansas. read more

Orrstown Financial Services and Codorus Valley Complete Merger of Equals

Orrstown Financial Services, the holding company for Orrstown Bank, and Codorus Valley Bancorp, the holding company for PeoplesBank, a Codorus Valley company, completed their previously-announced merger of equals. read more

Boeing to Acquire Spirit AeroSystems

Boeing has entered into a definitive agreement to acquire Spirit AeroSystems. The merger is an all-stock transaction at an equity value of approximately $4.7 billion, or $37.25 per share. The total transaction value is approximately $8.3 billion, including Spirit’s last reported net debt. read more

Cook & Boardman Acquires OKEE Industries, Builders Hardware, Construction Hardware and Hardware Specialties

Cook & Boardman (C&B) acquired OKEE Industries, Builders Hardware, Construction Hardware and Hardware Specialties located in West Hartford, CT, East Haven, CT, Norristown, PA, and Westfield, MA, respectively. Terms of the transaction were not disclosed. read more

PeoplesBank and Cornerstone Bank Enter Definitive Merger Agreement

Following a unanimous vote from their boards, PeoplesBank and Cornerstone Bank have entered into a definitive agreement to combine their holding companies in a merger transaction. Both banks will continue operating under separate names and brands for the foreseeable future. read more

Orrstown Financial and Codorus Valley Receive Regulatory Approvals for Merger of Equals

Orrstown Financial Services and Codorus Valley Bancorp have received the requisite regulatory approvals and waivers from the Board of Governors of the Federal Reserve System and the Pennsylvania Department of Banking and Securities for their merger of equals. read more

Goetz Fitzpatrick and Platzer, Swergold, Goldberg, Katz, and Jaslow Form Goetz Platzer

Goetz Fitzpatrick and Platzer, Swergold, Goldberg, Katz, and Jaslow are merging to become Goetz Platzer. The merger, effective January 1, 2025, will double the size of both firms. Integration will commence in Q3/24. read more

Peoples Financial Services and FNCB Bancorp Receive Regulatory Approvals for Merger

Peoples Financial Services and FNCB Bancorp received all required regulatory approvals or waivers necessary to complete the previously announced merger of FNCB with and into Peoples. The merger is expected to close on July 1, 2024, pending satisfaction of customary closing conditions. read more

VersaBank Receives Final U.S. Approval for Stearns Bank Acquisition

VersaBank received approval from the Office of the Comptroller of the Currency (OCC) to proceed with its proposed acquisition of Stearns Bank Holdingford. This is the second and final U.S. regulatory approval required for VersaBank to proceed with the acquisition. read more

Versabank Receives Approval to Acquire Stearns Bank Holdingford

Stearns Financial Services (SFSI) has received approval from the Federal Reserve for the acquisition of one of its affiliate locations, Stearns Bank Holdingford, by Canada-based VersaBank. read more

EnPowered Acquires LED.Finance

EnPowered, a provider of access to financing for commercial clean energy hardware projects, completed its acquisition of LED.Finance, an energy financing company with over 30 years of experience supporting contractors, manufacturers and distributors across the United States. read more

National Bankshares Completes Acquisition of Frontier Community Bank

National Bankshares completed its acquisition of Frontier Community Bank effective June 1, 2024. Following the transaction, valued at approximately $16.07 million, National Bankshares now operates 27 full-service offices along with two loan production offices. read more

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