MidWestOne and Bank of Denver branches Acquired by Sunwest Bank | Financial Services M&A Deal

Sunwest Bank has completed the acquisition of MidWestOne and Bank of Denver branches, a banking business in Arizona, for $4.0 billion. Sunwest Bank acquisitions expand its retail banking footprint by adding former MidWestOne and Bank of Denver branches serving customers across the AZ market. MidWestOne and Bank of Denver branches acquisition supports Sunwest’s deposit base growth and strengthens local lending and branch banking capabilities in the financial services sector. The strategic acquisition is structured as a divestiture acquisition within financial services M&A, with Sunwest Bank acting as a strategic buyer.