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New Deal


Announced

Nicolet Bankshares to acquire Advantage Community Bancshares.

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

Banks

Pending

bank holding company

Majority

Friendly

Acquisition

Private

Single Bidder

Synopsis

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Nicolet Bankshares, a growing, full-service, community bank, agreed to acquire Advantage Community Bancshares, the bank holding company of Advantage Community Bank. Financial terms were not disclosed. "We continue to find great partners who want to get back to the heart of community banking. Banking is still a people-driven business and we have found experienced bankers at Advantage who have a solid reputation for serving their customers. When we combine Advantage with the commercial lenders we added in Wausau two months ago, we have a solid strategic hub in Central Wisconsin," Mike Daniels, Nicolet National Bank President and CEO.

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