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The Bank of Princeton
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5 branches WSFS Financial Corporation
Return to Mergers & Acquisitions
Deal Overview
Buyer:
Bank of Princeton
Actual Acquirer:
Bank of Princeton
Target:
5 branches
Deal Type:
Bank & Thrift Branch
Seller:
WSFS Financial Corporation
Agreement Date:
2/2/2019
Announcement Date:
2/4/2019
Number of Target Branches
5
Branch Locations
Bordentown
NJ
Browns Mills
NJ
Chesterfield
NJ
Sewell
NJ
Sicklerville
NJ
Franchise Premium ($ 000)
14,123
Tangible Book Premium/ Deposits (%)
7.38
Status:
Completed
Completion Date:
5/17/2019
Deal Terms
Description of Consideration
NA
Financials
Deposits ($ 000)
191,367
Total Assets ($ 000)
177,245
Deal Advisers
Financial Advisers
Party Advised
Adviser Hired?
Firm Name
Buyer
No
NA
Seller
Yes
Boenning & Scattergood Inc.
Legal Counsel
Party Advised
Adviser Hired?
Firm Name
Buyer
Yes
Stevens & Lee PC
Seller
Yes
Covington & Burling LLP
Copyright
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