First Merchants to merge with First Savings in a $241.3m deal.

Synopsis

First Merchants, a banking and financial services holding company, to merge with First Savings Financial Group, a regional banking firm in southern Indiana, in a $241.3m deal. “We view First Savings Bank as a meaningful addition to our Indiana deposit network,” Mark Hardwick, First Merchants CEO.

Principals

target

First Savings Financial Group

bidder

First Merchants Corporation

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Market Context

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Seller Team (1)

larry myers

CEO at FIRST SAVINGS FINANCIAL GROUP

Manager

target

Deal

£ 179 M

Total Value

Bidder Team (1)

mike stewart

President at FIRST MERCHANTS CORPORATION

Manager

bidder

Deal

£ 179 M

Total Value

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