Recent Transactions
Cynthiana Bancorporation has been acquired by Crane Credit Union
Cynthiana Bancorporation has been acquired by Crane Credit Union THE TRANSACTION On June 11, 2020, Crane Credit Union (“CCU”) announced it has signed a definitive agreement to acquire Community State Bank of Southwestern Indiana (“CSB”), an Indiana state-chartered bank in Posey County with over $89 million in assets. This purchase will bring CCU’s total number…
Read MoreEdon Bancorp, Inc. Announces Completion of its Merger with SB Financial Group, Inc.
Edon Bancorp, Inc. Announces Completion of its Merger with SB Financial Group, Inc. THE TRANSACTION On June 5, 2020, SB Financial Group, Inc. (NASDAQ: SBFG) (“SB Financial”), parent company of State Bank and Trust Company (“State Bank”), and Edon Bancorp, Inc. (Private) (“Edon Bancorp”), parent company of The Edon State Bank Company of Edon, Ohio…
Read MoreWaterford Bancorp, Inc. has acquired Clarkston Financial Corporation
Clarkston Financial Corporation has merged with Waterford Bancorp, Inc. THE TRANSACTION On June 5, 2019, Waterford Bancorp, Inc., Toledo, Ohio (“Waterford”), the bank holding company for Waterford Bank, and Clarkston Financial Corporation, Clarkston, Michigan (“Clarkston”), the bank holding company for Clarkston State Bank, jointly announce the signing of a definitive agreement and plan of reorganization…
Read MoreASV Holdings, Inc. Has Been Acquired by Yanmar Holdings
ASV Holdings, Inc. Has Been Acquired by Yanmar Holdings THE TRANSACTION On September 11, 2019, ASV Holdings, Inc. (“ASV”) (NASDAQ: ASV), a leading provider of rubber-tracked Compact Track Loaders (CTLs) and wheeled Skid Steer Loaders (SSLs) to the compact construction equipment market, announced that it has been acquired by an affiliate of Yanmar Holdings (“Yanmar”).…
Read MoreSpartan Motors has Acquired Royal Truck Body
Spartan Motors has Acquired Royal Truck Body THE TRANSACTION On September 10, 2019, Spartan Motors, Inc., (NASDAQ: SPAR) (“Spartan Motors” or the “Company”), the North American leader in specialty vehicle manufacturing and assembly for the commercial and retail vehicle industries, as well as for the emergency response and recreational vehicle markets, announced it has purchased…
Read MoreFirst Merchants Corporation has acquired MBT Financial Corporation
First Merchants Corporation has acquired MBT Financial Corporation THE TRANSACTION On October 10, 2018 First Merchants Corporation (NASDAQ: FRME) and MBT Financial Corporation (NASDAQ: MBTF) announced they have executed a definitive agreement whereby MBT Financial Corporation will merge with and into First Merchants Corporation in a 100% stock transaction valued at approximately $290.9 million. Upon…
Read MoreComplete Packaging has been Acquired by Spell Capital
Complete Packaging has been Acquired by Spell Capital THE TRANSACTION On June 28, 2019, Complete Packaging, Inc. (“Complete Packaging”), a leading provider of precision engineered, value-added packaging solutions to the automotive, automotive aftermarket, commercial truck and other industrial markets, announced that it has been acquired by Spell Capital Partners, LLC (“Spell Capital”). Complete Packaging is…
Read MoreMiCommunity Bancorp, Inc. has Completed its $30 Million Initial Offering of Common Stock
MiCommunity Bancorp, Inc. has Completed its $30 Million Initial Offering of Common Stock THE TRANSACTION On June 27, 2019, MiCommunity Bancorp, Inc. (the “Company”), parent of Mi BANK, completed its $30 million initial common stock offering. The $30 million offering size exceeded the $25 million of capital required to open Mi BANK. Mi BANK, located…
Read MoreSpartan Motors has Acquired the Assets of General Truck Body, Inc.
Spartan Motors has Acquired the Assets of General Truck Body, Inc. THE TRANSACTION On June 13, 2019, Spartan Motors, Inc., (NASDAQ: SPAR) (“Spartan” or the “Company”), the North American leader in specialty vehicle manufacturing and assembly for the commercial and retail vehicle industries, as well as for the emergency response and recreational vehicle markets, announced…
Read MoreMiniature Precision Components, Inc. has been Acquired by Novares Group
Miniature Precision Components, Inc. has been Acquired by Novares Group THE TRANSACTION On February 11, 2019, Miniature Precision Components, Inc. (“MPC”) was acquired by Novares Group (“Novares”), a global plastic solutions provider that designs, manufactures and supplies complex components & systems to the automotive industry. The acquisition of MPC, with revenue of $265 million in…
Read More