Fundz

Rockland Trust to acquire Enterprise Bank for $562M

PRIVATEMay 20, 2025

Acquiring Company

Enterprise Bancorp

Acquired Company

Enterprise Financial Services

LowellClaytonFinancial ServicesBankingFinancial ServicesFinanceLendingBanking

Description

Rockland Trust has announced its plans to acquire Enterprise Bank in a $562 million deal. The merger is expected to affect up to 125 positions due to overlapping operational functions. Following the merger, Rockland Trust will have approximately $25 billion in assets. The acquisition is anticipated to be finalized in the second half of 2025.

Quick answer

Enterprise Bancorp is acquiring Enterprise Financial Services for $562 million, announced May 20, 2025. Enterprise Bancorp is based in Lowell, Massachusetts, United States.

How much did Enterprise Bancorp pay for Enterprise Financial Services?
The reported deal value is $562 million.
What does Enterprise Bancorp do?
Enterprise Bancorp, Inc. is a Massachusetts corporation that conducts substantially all its operations through Enterprise Bank and Trust Company, commonly referred to as Enterprise Bank.
Where are Enterprise Bancorp and Enterprise Financial Services based?
Enterprise Bancorp is based in Lowell, Massachusetts, United States. Enterprise Financial Services is based in Clayton, Missouri, United States.
Who are the decision-makers at Enterprise Bancorp?
Fundz holds 1 contact at Enterprise Bancorp. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Financial Services and Banking

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

Who to call at Enterprise Bancorp, and when

When Enterprise Bancorp changes hands, the new owners review vendors, systems and leadership. That is when the door opens.

  • An alert the day Enterprise Bancorp raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Enterprise Bancorp, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at Enterprise Bancorp. With Fundz connected, it knows.

Watch Fundz in
See plan options
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce 4.8/5 on G2

Company Information

Company

Enterprise Bancorp

Location

Lowell, Massachusetts, United States

About

Enterprise Bancorp, Inc. is a Massachusetts corporation that conducts substantially all its operations through Enterprise Bank and Trust Company, commonly referred to as Enterprise Bank. The Company offers a range of commercial, residential and consumer loan products, deposit products and cash management services, electronic and digital banking options, as well as wealth management, and trust services.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Enterprise Bancorp makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

Steven
Likely contact at this company
••••••••@••••••••

See Steven's verified email →

Create an account to reveal verified emails
Predictive Intelligence
Strategic

ML-powered predictions for Enterprise Bancorp's next move

Learn about Strategic plan

Frequently asked

Who acquired Enterprise Financial Services?

Enterprise Financial Services was acquired by Enterprise Bancorp, based in Lowell. The deal was reported on May 20, 2025. Enterprise Bancorp, Inc. is a Massachusetts corporation that conducts substantially all its operations through Enterprise Bank and Trust Company, commonly referred to as Enterprise Bank. Enterprise Bancorp is privately held and operates in Financial Services.

When did Enterprise Bancorp acquire Enterprise Financial Services?

Enterprise Bancorp's acquisition of Enterprise Financial Services was reported on May 20, 2025. Rockland Trust has announced its plans to acquire Enterprise Bank in a $562 million deal. The merger is expected to affect up to 125 positions due to overlapping operational functions. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Enterprise Financial Services do?

Enterprise Financial Services Corp is a financial services company primarily engaged in providing retail and commercial banking services to communities in the United States. It is publicly traded (EFSC), operating in Financial Services, and is based in Clayton.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.