M&A · Financials · Buyer's industry: State Commercial Banks
Acnb Corp to acquire Traditions and Traditions Bank
Announced Jul 24, 2024 · Closed Feb 3, 2025 · Private target
Deal value$74M
Premium—To unaffected price
EV / Adj. EBITDA—
ConsiderationAll stock$26.43 per share
Transaction
- Acquirer
- Acnb Corp (ACNB)
- Target
- Traditions and Traditions Bank
- Buyer type
- Strategic
- Offer price per share
- $26.43
- Enterprise value
- —
- Status
- Closed Feb 3, 2025
Deal protections
Not disclosed for private-company acquisitions.
Advisors
- To the acquirer
- Piper Sandler
- To the target
- Stephens
Classification
- Sector
- Financials
- Buyer's industry
- State Commercial Banks