M&A · Financials · Buyer's industry: National Commercial Banks
Alerus Financial Corp to acquire MPB BHC, Inc.
Announced Dec 8, 2021 · Closed Jul 1, 2022 · Private target
Deal value$85M
Premium—To unaffected price
EV / Adj. EBITDA—
ConsiderationAll stock
Transaction
- Acquirer
- Alerus Financial Corp (ALRS)
- Target
- MPB BHC, Inc.
- Buyer type
- Strategic
- Offer price per share
- —
- Enterprise value
- —
- Status
- Closed Jul 1, 2022
Deal protections
Not disclosed for private-company acquisitions.
Advisors
- To the acquirer
- Not disclosed
- To the target
- Not disclosed
Classification
- Sector
- Financials
- Buyer's industry
- National Commercial Banks