Acquiring Company
Enterprise Bancorp
Acquired Company
Enterprise Financial Services
Description
Independent Bank Corp., the parent company of Rockland Trust, has signed a definitive merger agreement with Enterprise Bancorp, Inc., the parent company of Enterprise Bank and Trust Company. The acquisition, valued at approximately $562 million, will expand Rockland Trust's footprint in northern Massachusetts and New Hampshire, bringing additional products, services, and technology to the communities it serves.
Quick answer
Enterprise Bancorp is acquiring Enterprise Financial Services, announced December 9, 2024. Enterprise Bancorp is based in Lowell, Massachusetts, United States.
- How much did Enterprise Bancorp pay for Enterprise Financial Services?
- The deal value was not disclosed.
- 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.
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- Northwest Bancshares, Inc. to Acquire Penns Woods Bancorp, Inc. Strengthening Regional Presence (December 17, 2024)
- Beneficient to acquire Mercantile Bank International Corp. to expand alternative asset custody services (December 5, 2024)
- Beneficient to acquire Mercantile Bank International Corp. for $1.5 million to expand the range of services, $1.5M (December 5, 2024)
- CBC BANCORP completes acquisition of BAY COMMUNITY BANCORP (November 1, 2024)
- German American Bancorp, Inc. to merge with Heartland BancCorp to drive long-term shareholder value (October 28, 2024)
- MidFirst Bank completes acquisition of Amerant Bank Houston locations (November 8, 2024)
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
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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
Frequently asked
Who acquired Enterprise Financial Services?
Enterprise Financial Services was acquired by Enterprise Bancorp, based in Lowell. The deal was reported on December 9, 2024. 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 December 9, 2024. Independent Bank Corp., the parent company of Rockland Trust, has signed a definitive merger agreement with Enterprise Bancorp, Inc., the parent company of Enterprise Bank and Trust Company. 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.
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