Katz Acquisition Corporation Acquires Camp Grove Bancorp, Inc.

April 13, 2021

Tampa-based Katz Acquisition Corporation LLC (an affiliate of Katz Capital) acquired 100% of the outstanding stock of Camp Grove Bancorp, Inc., the parent company of Camp Grove State Bank, closing on April 9, 2021 after receiving regulatory approvals. The transaction preserves local leadership—Dennis Hickey will serve as Market President and Christopher P. Barton was named CEO—as Katz brings expanded commercial banking technologies and services to Central Illinois.

Buyers
Katz Acquisition Corporation LLC
Targets
Camp Grove Bancorp, Inc.
Sellers
Hickey family
Location
Illinois, United States
Transaction Type
Buyout

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