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Press Releases

Feb. 3, 2022

Nelson Mullins Attorneys Advise Peak Bancorp in $65 Million Merger

Nelson Mullins attorneys Brennan Ryan, Ben Barnhill, John Willis, Samer Roshdy and Ann Murray advised Peak Bancorp (“Peak”) in its proposed sale to BAWAG Group, a publicly listed banking group with over $60 billion in assets and is headquartered in Vienna, Austria.   The transaction definitive agreement was signed on February 1, 2022.  Peak would represent the banking footprint for BAWAG’s United Stated expansion efforts.   The transaction is an all cash merger and is subject to shareholder and regulatory approvals.   Peak is the holding company for Idaho First Bank, a $550 million asset state chartered bank headquartered in McCall, Idaho.

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Established in 1897, Nelson Mullins is an Am Law 100 firm with more than 930 attorneys and government relations professionals with 25 offices in 11 states and Washington, D.C. For more information on the firm, go to www.nelsonmullins.com.