M&A · Financials · Buyer's industry: State Commercial Banks
Byline Bancorp, Inc. to acquire Inland Bancorp, Inc.
Announced Nov 30, 2022 · Closed Jul 1, 2023 · Private target
Deal value$165M
Premium—To unaffected price
EV / Adj. EBITDA—
ConsiderationCash and stock$4.90 per share
Transaction
- Acquirer
- Byline Bancorp, Inc. (BY)
- Target
- Inland Bancorp, Inc.
- Buyer type
- Strategic
- Offer price per share
- $4.90
- Enterprise value
- —
- Status
- Closed Jul 1, 2023
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