ALLENTOWN, Pa., June 04, 2018 (GLOBE NEWSWIRE) -- Ambassador Financial Group, Inc. is pleased to announce it acted as a financial adviser to, and prepared the fairness opinion for, Mercersburg Financial Corporation in regards to its proposed acquisition by Orrstown Financial Services, Inc. As of March 31, 2018 Mercersburg had $184 million in total assets. Robert J. Pachence, Jr. served as lead advisor for Ambassador Financial Group with support from co-lead Ryan J. Walker.
Ambassador Financial Group, Inc. is a FINRA registered broker-dealer which offers a comprehensive suite of strategic, customized solutions to community banks and thrifts nationwide, including balance sheet management, investment banking and capital markets services. Our recent successes include:
- Riverview Financial Corporation (PA) $48.8 million merger with CBT Financial Corp. (PA)
- Mid Penn Bancorp, Inc. (PA) $59.1 million acquisition of The Scottdale Bank & Trust Company (PA)
- Old Line Bancshares, Inc. (MD) $40.7 million acquisition of Damascus Bank (MD)
- Riverview Financial Corporation (PA) $17.0 million private placement of equity
- NexTier, Inc. (PA) $2.3 million acquisition of Manor Bank (PA)
- Revere Bank (MD) $31.0 million private placement of subordinated debt
- Monona Bancshares, Inc. (WI)* $40.1 million acquisition of MCB Bankshares, Inc. (WI)
- Berkshire Hills Bancorp, Inc. (MA) $117.8 million acquisition of First Choice Bank* (NJ)
- Revere Bank (MD)* $65.1 million acquisition of Monument Bank (MD)
- DNB Financial Corporation (PA) $49.0 million acquisition of East River Bank (PA)
