M&A · Financials · Savings Institution, Federally Chartered
Brookfield to acquire NSTS Bancorp, Inc.
Announced May 12, 2026 · Closed Oct 1, 2026
Deal value$74M
Premium—To unaffected price
EV / Adj. EBITDA—
ConsiderationAll cash
Transaction
- Acquirer
- Brookfield
- Target
- NSTS Bancorp, Inc. (NSTS)
- Buyer type
- Private equity
- Offer price per share
- —
- Enterprise value
- —
- Status
- Closed Oct 1, 2026
Deal protections
- Break fee (target pays)
- $3.0M · 4.1%
- Reverse fee (buyer pays)
- —
- Go-shop
- No-shop
- Financing
- —
Advisors
- To the acquirer
- Not disclosed
- To the target
- Olsen Palmer
Sector context · Financials
- Comparable deals
- 75 in the prior 24 months
- Premium
- Sector median 35.9%
- EV / Adj. EBITDA
- Sector median 13.7x
- Break fee
- 4.1% vs. 3.7% sector median
Timeline
- AnnouncedMay 12, 2026
- Proxy filedAug 19, 2026
- Definitive proxyAug 31, 2026
- Shareholder voteSep 29, 2026
- ClosedOct 1, 2026