Nicolet Bankshares Acquires Advantage Community Bancshares
March 2, 2020
Nicolet Bankshares, Inc. (NASDAQ: NCBS) agreed to acquire Advantage Community Bancshares, Inc. and its banking subsidiary, Advantage Community Bank, in an all-cash transaction. The deal, which consolidates Nicolet’s presence in Central Wisconsin and expands its small-business and commercial banking footprint, was approved by both boards and expected to close in Q3 2020 subject to shareholder and customary approvals.
- Buyers
- Nicolet Bankshares, Inc.
- Targets
- Advantage Community Bancshares, Inc., Advantage Community Bank
- Industry
- Financial Services
- Location
- Wisconsin, United States
- Transaction Type
- Buyout
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