Sale to Wintrust Financial Corporation

Technology & Services
Sale to Wintrust Financial Corporation

Summary

Baird served as the exclusive financial advisor to Delavan Bancshares, Inc. on this transaction.

About

Delavan Bancshares, Inc. (“Delavan” or the “Company”) was recently acquired by Wintrust Financial Corporation (“Wintrust”) (NASDAQ: WTFC) for an aggregate purchase price of approximately $38 million. In the merger, outstanding shares of Delavan common stock were converted into the right to receive merger consideration paid in a combination of approximately 50% cash and approximately 50% shares of Wintrust common stock.

Delavan is the parent company of Community Bank CBD, which operates four banking facilities located in Delavan, Lake Geneva, Clinton and Sharon, Wisconsin. The Company is headquartered in Delavan, Wisconsin.

Wintrust is a financial holding company with assets of approximately $20 billion. Wintrust operates fifteen community bank subsidiaries with over 140 banking locations located in the greater Chicago and southern Wisconsin market areas. Wintrust is headquartered in Rosemont, Illinois.

For additional information about this transaction, please contact:

Mark Micklem +1 (202) 303-1815
Paul Egge +1 (202) 303-1816
Technology & Services
Sale to Wintrust Financial Corporation
Date
January 2015
Company
Delavan Bancshares, Inc.
Transaction
M&A
Sectors
Technology & Services
Target Location
North America
Acquiror Location
North America

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