M&A · Financials · Buyer's industry: State Commercial Banks
Cambridge Bancorp to acquire Northmark Bank
Announced May 23, 2022 · Closed Oct 3, 2022 · Private target
Deal value$63M
Premium—To unaffected price
EV / Adj. EBITDA—
ConsiderationAll stock$79.54 per share
Transaction
- Acquirer
- Cambridge Bancorp (CATC)
- Target
- Northmark Bank
- Buyer type
- Strategic
- Offer price per share
- $79.54
- Enterprise value
- —
- Status
- Closed Oct 3, 2022
Deal protections
Not disclosed for private-company acquisitions.
Advisors
- To the acquirer
- Piper Sandler
- To the target
- Griffin Financial Group
Classification
- Sector
- Financials
- Buyer's industry
- State Commercial Banks