Ambassador Financial Group, Inc. Advises Mercersburg Financial Corporation on its Proposed Acquisition by Orrstown Financial Services, Inc.


ALLENTOWN, Pa., June 04, 2018 (GLOBE NEWSWIRE) -- Ambassador Financial Group, Inc. is pleased to announce it acted as a financial adviser to, and prepared the fairness opinion for, Mercersburg Financial Corporation in regards to its proposed acquisition by Orrstown Financial Services, Inc.   As of March 31, 2018 Mercersburg had $184 million in total assets.  Robert J. Pachence, Jr. served as lead advisor for Ambassador Financial Group with support from co-lead Ryan J. Walker.

Ambassador Financial Group, Inc. is a FINRA registered broker-dealer which offers a comprehensive suite of strategic, customized solutions to community banks and thrifts nationwide, including balance sheet management, investment banking and capital markets services.  Our recent successes include:

  • Riverview Financial Corporation (PA) $48.8 million merger with CBT Financial Corp. (PA)
  • Mid Penn Bancorp, Inc. (PA) $59.1 million acquisition of The Scottdale Bank & Trust Company (PA)
  • Old Line Bancshares, Inc. (MD) $40.7 million acquisition of Damascus Bank (MD)
  • Riverview Financial Corporation (PA) $17.0 million private placement of equity
  • NexTier, Inc. (PA) $2.3 million acquisition of Manor Bank (PA)
  • Revere Bank (MD) $31.0 million private placement of subordinated debt
  • Monona Bancshares, Inc. (WI)* $40.1 million acquisition of MCB Bankshares, Inc. (WI)
  • Berkshire Hills Bancorp, Inc. (MA) $117.8 million acquisition of First Choice Bank* (NJ)
  • Revere Bank (MD)* $65.1 million acquisition of Monument Bank (MD)
  • DNB Financial Corporation (PA) $49.0 million acquisition of East River Bank (PA)

Ambassador’s clients are in bold.
*Ambassador provided a fairness opinion only

This announcement is for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy securities.

Robert J. Pachence, Jr.Matthew T. Resch, CFARyan J. WalkerDavid G. Danielson
Managing PrincipalManaging PrincipalVice President, Strategic AnalystExecutive Director
610-351-1633610-351-1633610-351-1633240-242-4083
rpachence@ambfg.commresch@ambfg.comrwalker@ambfg.comddanielson@ambfg.com