Mid Penn Bancorp Acquires Riverview Financial Corporation

June 30, 2021

Mid Penn Bancorp, Inc. agreed to acquire Riverview Financial Corporation in an all-stock merger valued at approximately $124.7 million, creating a combined community banking franchise with about $4.8 billion in assets. The transaction expands Mid Penn's footprint into the Lehigh Valley and State College markets and adds core deposit funding in western Pennsylvania; it is expected to close in Q4 2021 subject to regulatory and shareholder approvals.

Buyers
Mid Penn Bancorp, Inc.
Targets
Riverview Financial Corporation
Sellers
Shareholders of Riverview Financial Corporation
Location
Pennsylvania, United States
Transaction Type
Buyout

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