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Vantage Financial Announces Strategic Sale to Peoples Bank

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The Barack Ferrazzano Financial Institutions Group served as legal counsel to Vantage Financial, in its definitive merger agreement to be acquired by Peoples Bank in a stock and cash transaction valued at approximately $54 million. Vantage Financial provides mid-ticket equipment leases primarily for information technology equipment and had lease assets of approximately $147 million as of December 31, 2021. Barack Ferrazzano’s legal team was led by Joseph T. Ceithaml and Nicholas M. Brenckman.

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