Rockland Trust lines up $562 million deal to buy Enterprise Bank
The parent company of Rockland Trust is expanding north of Boston with a $562 million deal to buy Enterprise Bank & Trust and move into the Merrimack Valley and southern New Hampshire.
Rockland Trust to merge with Lowell-based bank
Rockland Trust Co. and its parent company plan to acquire a Lowell-based bank in a cash and stock deal valued at $562 million, the financial institutions announced Monday morning.
Rockland Trust acquires Enterprise Bank
In a joint statement released after a conference call Monday morning, Rockland Trust disclosed that it had acquired Enterprise Bank to “unite two strong local banks deeply committed to
Enterprise Bancorp seals $562m deal for merger into Independent Bank
Shareholders of Enterprise will receive 0.60 shares of Independent common stock and $2.00 in cash for each share held.
Rockland Trust parent to acquire Enterprise Bank in $562M deal
Independent Bank Corp., the parent of Rockland Trust Co., is acquiring Lowell, Mass.-based Enterprise Bancorp Inc., parent of Enterprise Bank and Trust Co., in a cash and stock deal valued at about $562 million,
Enterprise Bancorp to merge into regional lending peer Independent Bank in $562 million deal
Enterprise Bancorp and Independent Bank, the parent of Rockland Trust, have agreed to merge in a cash-and-stock deal valued at $562 million, they said on Monday, as regional lenders continue to consolidate their operations.
Independent Bank and Rockland to Acquire Enterprise Bancorp and Enterprise Bank
Independent Bank and Enterprise Bancorp signed a definitive merger agreement pursuant to which Enterprise will merge into Independent and Enterprise Bank will merge into Rockland Trust.
Rockland Trust To Acquire Enterprise Bank In $562 Mln Cash And Stock Deal
Independent Bank Corp. (INDB), parent of Rockland Trust Company, and Enterprise Bancorp, Inc. (EBTC), parent of Enterprise Bank and
Rockland Trust to merge with Mass.-based bank
Rockland Trust Co., which has a commercial lending center and investment office in Providence, will acquire the bank in a cash and stock deal valued at $562 million.
American Banker2d
Independent Bank in Massachusetts to acquire peer for $562M
The cash-and-stock bid for Enterprise Bancorp is expected to close in the second half of 2025. In connection with the deal, ...
Massachusetts banks to combine in $562M deal
The transaction, expected to close in the second half of 2025, will create a $25 billion-asset entity and enable Independent ...
Banker & Tradesman2d
Rockland Trust to Acquire Enterprise Bank
Rockland Trust has announced that it plans to Enterprise Bank in a cash and stock transaction valued at $562 million.