M&A · Financials · Buyer's industry: National Commercial Banks
Bank First Corp to acquire Denmark Bancshares
Announced Jan 19, 2022 · Closed Aug 15, 2022 · Private target
Deal value$120M
Premium—To unaffected price
EV / Adj. EBITDA—
ConsiderationCash and stock$38.10 per share
Transaction
- Acquirer
- Bank First Corp (BFC)
- Target
- Denmark Bancshares
- Buyer type
- Strategic
- Offer price per share
- $38.10
- Enterprise value
- —
- Status
- Closed Aug 15, 2022
Deal protections
Not disclosed for private-company acquisitions.
Advisors
- To the acquirer
- Hovde Group
- To the target
- Piper Sandler
Classification
- Sector
- Financials
- Buyer's industry
- National Commercial Banks