M&A · Financials · Buyer's industry: State Commercial Banks
First Busey Corp to acquire Cummins-American Corp. and Glenview State Bank
Announced Jan 19, 2021 · Closed Jun 2, 2021 · Private target
Deal value$187M
Premium—To unaffected price
EV / Adj. EBITDA—
ConsiderationCash and stock
Transaction
- Acquirer
- First Busey Corp (BUSE)
- Target
- Cummins-American Corp. and Glenview State Bank
- Buyer type
- Strategic
- Offer price per share
- —
- Enterprise value
- —
- Status
- Closed Jun 2, 2021
Deal protections
Not disclosed for private-company acquisitions.
Advisors
- To the acquirer
- Stephens
- To the target
- Piper Sandler
Classification
- Sector
- Financials
- Buyer's industry
- State Commercial Banks