Lambert Provides M&A Communications Counsel to Horizon Bank on Agreement to Acquire 14 TCF National Bank Branches
DETROIT — June 21, 2020 — Lambert & Co. advised Horizon Bancorp, Inc. (NASDAQ GS: HBNC) on the recent announcement of its Horizon Bank subsidiary’s definitive purchase and assumption agreement to acquire 14 TCF National Bank branches in 11 Michigan counties with approximately $976 million in deposits and $278 million in associated loans, which are being divested in connection with TCF Financial Corporation’s June merger with Huntington Bancshares Incorporated.
Investor relations professionals from Lambert’s banking and financial services team have provided M&A communications counsel and services to both buyers and sellers on divestitures associated with an antitrust review of large-bank mergers, as well as whole-bank deals and other branch transactions. Together with professionals serving clients across a range of industries, Lambert has advised on hundreds of transactions and was ranked within the top 15 most active M&A PR firms in the nation by The Deal —in the first quarter of 2021.
Learn more about Lambert’s financial communications services here.