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
- Industry
- Financial Services
- Location
- Illinois, United States
- Transaction Type
- Buyout
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