Commerce Bank Acquires Municipal Bond Underwriter L.J. Hart & Company
November 18, 2022
Commerce Bank (a unit of Commerce Bancshares, Inc.) has entered into a definitive agreement to acquire L.J. Hart & Company, a Chesterfield, Missouri-based municipal bond underwriting and advisory firm. The acquisition will integrate L.J. Hart into Commerce’s institutional fixed-income business to expand its municipal underwriting and public finance advisory capabilities; terms were not disclosed and closing is subject to regulatory approval.
- Buyers
- Commerce Bank, Commerce Bancshares, Inc.
- Targets
- L.J. Hart & Company
- Industry
- Financial Services
- Location
- Missouri, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Nicolet Bankshares Acquires Commerce Financial Holdings (Commerce State Bank)
February 17, 2020
Financial Services
Nicolet Bankshares, Inc. agreed to acquire Commerce Financial Holdings, Inc. and its wholly owned subsidiary Commerce State Bank in a stock-for-stock merger, with Nicolet as the surviving corporation. The transaction, valued at approximately $129.6 million (based on Nicolet's share price at announcement), expands Nicolet's assets and branch footprint in Wisconsin and is expected to close in Q3 2020 subject to shareholder and regulatory approvals.
-
Hart Acquires MDB Communications
October 5, 2022
Marketing & Advertising
Hart, an independent marketing and advertising agency based in Ohio, has acquired MDB Communications, a full-service, media-neutral agency based in Washington, D.C. The deal expands Hart's national footprint and broadens its service lines by adding MDB's full-funnel marketing capabilities and experienced talent to Hart's portfolio.
-
UMB Financial Corporation Acquires Heartland Financial USA, Inc.
April 29, 2024
Financial Services
UMB Financial Corporation completed its previously announced all-stock acquisition of Heartland Financial USA, Inc., creating a larger regional bank with approximately $68 billion in assets and expanded operations across 13 states. The deal (announced at an implied value of about $2.0 billion and using a 0.55 share exchange ratio) increases UMB's private wealth AUM by roughly 31–32%, adds more than 100 branches and ATMs, and brings HTLF operations onto UMB platforms before full brand conversion.
-
MJH Life Sciences Acquires Pharmaceutical Commerce
July 9, 2020
Media & Entertainment
MJH Life Sciences has acquired Pharmaceutical Commerce, a multimedia B2B publication formerly published by Healthcare Commerce Media Corporation. The acquisition expands MJH’s healthcare media portfolio and strengthens its reach into the biopharma commercial operations and supply-chain audience, adding a magazine with a controlled circulation of roughly 21,000 and multiple newsletters and events.
-
City Holding Company Acquires Citizens Commerce Bancshares
March 10, 2023
Financial Services
City Holding Company (Nasdaq: CHCO) completed its acquisition of Citizens Commerce Bancshares, Inc., the parent of Citizens Commerce Bank of Versailles, Kentucky, effective March 10, 2023. The all-stock transaction was valued at approximately $62.1 million (exchange ratio: 0.1666 shares of City per share of Citizens) and merges Citizens Commerce Bank into City National Bank of West Virginia to strengthen City's presence in the Lexington, Kentucky MSA.
-
Commerce Bancshares Acquires FineMark Holdings
January 1, 2026
Financial Services
Commerce Bancshares, Inc. (Commerce) has completed its acquisition of FineMark Holdings, Inc., the parent of FineMark National Bank & Trust. FineMark will operate as FineMark Bank & Trust, a division of Commerce Bank, expanding Commerce’s private banking and wealth management capabilities and adding locations in Florida, Arizona and South Carolina.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.