Community Financial System, Inc. Completes Acquisition of ClearPoint Federal Bank & Trust
Community Financial System completed its acquisition of ClearPoint Federal Bank & Trust for $39 million in cash. ClearPoint is a national leader in trust administration for the death care industry, bringing $1.5 billion in assets under management and a 9.7% historical revenue CAGR.
Key figures
- Deal Value Usd
- 39000000
- Aum
- 1500000000
- Filer total assets
- 17000000000
- Target revenue cagr
- 9.7%
- Target industry size
- 20000000000
AI analysis
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