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New Deal


Announced

Bank First to acquire Hometown Bank for $124m.

Financials

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Transaction Value£103m
Consideration TypeOrdinary Shares, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Banks

Acquisition

Domestic

Single Bidder

Majority

Pending

bank

Friendly

Private

Synopsis

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Bank First, a bank, agreed to acquire Hometown Bank, a Wisconsin state-chartered bank, for $124m. "We are excited to welcome Tim McFarlane and the relationship focused team of bankers at Hometown to Bank First. I've had the pleasure of knowing Tim throughout my banking career and working with him as well. I am looking forward to collaborating with Tim and his team as we combine our organizations. Together, we will provide exceptional value to our employees, customers, and shareholders," Mike Molepske, Bank First President and CEO.

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