Associated Banc-Corp to Acquire Whitnell & Co.

September 27, 2017

On September 8, 2017, Associated Banc-Corp announced an agreement to acquire wealth management firm Whitnell & Co.

The transaction, which is expected to close next month, is expected to increase Associated Banc-Corp’s (“Associated”) assets under management and related run-rate revenue by over 10%.

Associated is a Green Bay, Wisconsin-based bank holding company offering a wide range of financial products and services. Associated has total assets of nearly $30 billion.

Whitnell & Co. (“Whitnell”) is an Oak Brook, Illinois-based wealth management and multi-family office services firm. Whitnell has approximately $1.0 billion of assets under management

To read the press release: please click here.


Categories

Investment Manager M&A, Transactions