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.