Acquiring Company
Beacon Financial Corporation
Acquired Company
Brookline Bancorp
Description
Beacon Financial Corporation has successfully completed its merger with Brookline Bancorp, Inc. This merger was structured as a reverse acquisition. The combination is anticipated to enhance Beacon's market position and operational capabilities. Financial results will now include Brookline's performance going forward.
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Based on deal dataFrequently asked
Who acquired Brookline Bancorp?
Brookline Bancorp was acquired by Beacon Financial Corporation, based in Boston. The deal was reported on July 29, 2026. Beacon Financial Corporation is the holding company for Beacon Bank & Trust, a full-service regional bank serving the Northeast. Beacon Financial Corporation is publicly traded (BBT) and operates in Financial Services.
When did Beacon Financial Corporation acquire Brookline Bancorp?
Beacon Financial Corporation's acquisition of Brookline Bancorp was reported on July 29, 2026. Beacon Financial Corporation has successfully completed its merger with Brookline Bancorp, Inc. This merger was structured as a reverse acquisition. The combination is anticipated to enhance Beacon's market position and operational capabilities. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Brookline Bancorp do?
It is privately held, operating in Financial Services.