.
MergerLinks Header Logo

New Deal


Announced

Mid Penn Bancorp to acquire Brunswick Bancorp for $54m.

Financials

Edit Data
Transaction Value£43m
Consideration TypeCash, Ordinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

bank

Domestic

Pending

United States

Majority

Acquisition

Banks

Friendly

Single Bidder

Merger

Public

Synopsis

Edit

Mid Penn Bancorp, a full-service commercial bank, agreed to acquire Brunswick Bancorp, a chartered commercial bank, for $54m. “Mid Penn is an excellent cultural fit for Brunswick, and the opportunity to join a like-minded, top-tier community bank is one that will provide both organizations with significant growth potential. Together we will continue to provide our clients with valuable opportunities via higher lending limits and a sophisticated technology platform. We are pleased to continue providing service to our valued customers and to the communities in which we live, alongside Rory and his team,” Nicholas A. Frungillo Jr., Brunswick President and CEO.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US