Vedder Price

Vedder Price Represents Bancorp Financial, Inc. in Merger with Old Second Bancorp, Inc.

The Vedder Price Financial Institutions Group is pleased to have represented Bancorp Financial, Inc., and its wholly-owned subsidiary, Evergreen Bank Group, in their merger transaction with Old Second Bancorp, Inc. and its wholly-owned subsidiary, Old Second National Bank. At the time of the announcement, the cash and stock transaction was valued at approximately $197 million. 

The transaction team consisted of Financial Institutions Group Co-Chairs Daniel McKay and James Morrissey, Capital Markets & Securities Shareholders Thomas Desmond and Jennifer Durham King, Financial Institutions Group Associate Nich Zlevor and Executive Compensation & Employee Benefits Associate Olivia Ustupski. 

Read more on the transaction, here.