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New Deal


Announced

Completed

Bristol County Savings Bank completed the acquisition of Freedom National 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-

Synopsis

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Bristol County Savings Bank, a chartered savings bank, completed the acquisition of Freedom National Bank, a national bank. Financial terms were not disclosed. "We are very excited to finalize this acquisition and welcome Anthony Botelho, the Freedom team and Freedom customers into the Bristol County Savings Bank family. We look forward to serving the customers of Freedom National Bank and deepening our ties to the Rhode Island market," Patrick Murray, Bristol County Savings Bank President and CEO.

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