Independent Bank Corp. /
Enterprise Bancorp, Inc.
Independent Bank Corp. completes Enterprise Bancorp merger
Source for the buyer and target: INDEPENDENT BANK CORP.
For the buyer and target.
“On July 1, 2025, Independent Bank Corp. ("Independent") filed a Current Report on Form 8-K (the "Original Report") to report under Item 2.01 thereof that on July 1, 2025 (the "Effective Time"), Independent completed its previously announced merger (the "Merger") with Enterprise Bancorp, Inc. ("Enterprise") pursuant to an Agreement and Plan of Merger, dated as of December 8, 2024, by and between Independent, Rockland Trust Company, Enterprise and Enterprise Bank and Trust Company.”
Published 10 Sep 2025
Open the sourceWhat happened
Independent Bank Corp. completed its merger with Enterprise Bancorp, Inc. on July 1, 2025. Enterprise merged into Independent, which continued as the surviving corporation. [01]
Enterprise shareholders received 0.60 shares of Independent common stock and $2.00 in cash for each share. Total consideration also included $25.9 million in cash. [01]
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Independent Bank Corp. completes Enterprise Bancorp merger
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“Independent Bank Corp. completes Enterprise Bancorp merger Independent Bank Corp. completed its merger with Enterprise Bancorp, Inc. on July 1, 2025”
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