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New Deal


Announced

Completed

Peoples Bancorp completed the merge with Premier Financial in a $292m deal.

Financials

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Transaction Value£209m
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

Majority

Private

Merger

Domestic

Acquisition

a holding company

Single Bidder

Friendly

Completed

Synopsis

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Peoples Bancorp, a diversified financial services holding company, completed the merger with Premier Financial, a bank holding company, in a $292m deal. "We are excited to complete this transaction, which expands our presence in Kentucky and West Virginia and gains us an entry into attractive markets within Virginia, Maryland and Washington. We are thankful for the hard work and dedication of the employees of Premier and Peoples in completing this transaction. In the months ahead, we will begin introducing clients in the Premier communities to our expanded array of products and services, including electronic banking services, investments and retirement planning solutions, insurance, and an increased commercial banking capacity," Chuck Sulerzyski, Peoples Bancorp President and CEO.

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