Announced
Completed
Synopsis
WSFS Financial, a financial services company, completed its merger with Bryn Mawr Bank, a bank holding company, in a $976m deal. “This combination aligns with our strategic plan. Combining with Bryn Mawr allows us to accelerate our long-term strategic objectives, including scale to continue to invest in our delivery and talent transformations. This combination also creates the premier wealth management and trust business in the region and the sixth largest bank-affiliated wealth management and trust business nationwide under $100bn in assets. Together, we are poised and positioned to continue to serve and outperform for all our constituents, and to deliver sustainable high performance for years to come,” Rodger Levenson, WSFS’ Chairman, President and CEO.
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