M&A · Financials · Buyer's industry: Savings Institutions, Not Federally Chartered
Heritage Financial Corp to acquire Olympic Bancorp, Inc.
Announced Sep 25, 2025 · Closed Feb 2, 2026 · Private target
Deal value$177M
Premium—To unaffected price
EV / Adj. EBITDA—
ConsiderationAll stock
Transaction
- Acquirer
- Heritage Financial Corp (HFWA)
- Target
- Olympic Bancorp, Inc.
- Buyer type
- Strategic
- Offer price per share
- —
- Enterprise value
- —
- Status
- Closed Feb 2, 2026
Deal protections
Not disclosed for private-company acquisitions.
Advisors
- To the acquirer
- D.A. Davidson
- To the target
- Piper Sandler
Classification
- Sector
- Financials
- Buyer's industry
- Savings Institutions, Not Federally Chartered