Warner Norcross & Judd is representing Chemical Financial Corporation in the merger with Talmer Bancorp, Inc., which will create the largest Michigan-based bank and one of the largest community banks in the Midwest.
On Tuesday, January 26, 2016, the boards of directors of Chemical Financial Corporation, the holding company for Chemical Bank, and Talmer Bancorp, Inc., the holding company for Talmer Bank and Trust, agreed to partner in a cash and common stock merger transaction valued at approximately $1.1 billion. “This is clearly a transformational merger between two healthy Michigan banks with complementary geographies. . . In addition to the cultural fit, the two organizations will add talent, scale and strong track records for acquisitive and organic growth that we believe will facilitate the combined organization’s continued growth,” said David B. Ramaker, Chairman, Chief Executive Officer and President of Chemical Financial Corporation.
Warner Norcross & Judd has a long history of advising Chemical Financial Corporation in a variety of legal matters relating to M&A transactions, including securities law and regulatory compliance. In 2015, we assisted in the acquisition of Lake Michigan Financial Corporation and its wholly-owned subsidiaries, The Bank of Holland and The Bank of Northern Michigan, and Monarch Community Bancorp, Inc. and its subsidiary Monarch Community Bank. We also represented Chemical Financial Corporation in its acquisitions of Northwestern Bancorp, Inc., O.A.K. Financial Corporation, 21 branches of Independent Bank, Caledonia Financial Corporation and Bank West Financial Corporation, among others.
Warner Norcross & Judd Mergers and Acquisitions Group
As part of one of the largest and most successful law firms in Michigan, the M&A group at Warner Norcross draws upon over 85 years of experience to successfully and efficiently handle a wide range of M&A transactions for both private and publicly traded businesses, including mergers, acquisitions, divestitures, joint ventures and strategic business combinations of all types.
Warner Norcross & Judd LLP has been ranked as one of the “Best Law Firms” by Best Lawyers and U.S. News & World Report, in Chambers USA as “America’s Best” in Mergers and Acquisitions and our M&A attorneys have been deemed “Super Lawyers” by Michigan Super Lawyers Magazine year after year.
