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Announced

Completed

Columbia Financial completed the acquisition of Roselle Bank.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Private

Acquisition

Single Bidder

Majority

banks

Merger

Banks

Friendly

Completed

Private Equity

Synopsis

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Columbia Financial, an investment holding company, completed the acquisition of Roselle Bank, a full-service bank. Financial terms were not disclosed. “We are pleased with the opportunity to welcome Roselle Bank and its employees to Columbia Bank. The transaction will combine two community banks with strong, loyal customer bases while expanding the Columbia Bank franchise in Union, Somerset and Hunterdon Counties,” Thomas J. Kemly, Columbia President and Chief Executive Officer.

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