NY’s Esquire Bank makes $348.4M Chicago push

Chicago’s Signature Bank joins forces with New York-based Esquire in $348 million merger

Under the terms of the agreement, announced Thursday, Esquire Financial is acquiring Signature in an all-stock transaction valued at $348 million.

NY’s Esquire Bank makes $348.4M Chicago push

The bank’s holding company will acquire Illinois-based Signature Bancorporation in a move that will boost Esquire’s Midwest commercial-banking and real estate profile and diversify its earnings.

Esquire Agrees to Acquire Illinois-Based Signature Bank for $348.4M

JERICHO, N.Y. AND ROSEMONT, ILL. — Esquire Financial Holdings Inc. (NASDAQ: ESQ), the parent company of Esquire Bank, and Signature Bancorporation Inc., the parent company of Rosemont-based Signature Bank, have entered into a definitive agreement pursuant to which Esquire will acquire Signature in an all-stock transaction valued at $348.4 million. The combined company will have approximately $4.8 billion in assets at closing. The deal provides J…

Esquire makes deal for bigger cut of Chicago's legal market

New York-based Esquire Financial, which focuses on serving plaintiff law firms, has struck a $348 million deal for a Chicago bank.