Holland & Knight Advising Bancorp of New Jersey in $113 Million Merger
NEW YORK (August 19, 2019) – Holland & Knight is representing Bancorp of New Jersey, Inc. (NYSEAM: BKJ) in its $113 million merger with ConnectOne Bancorp, Inc. (Nasdaq: CNOB). The deal, which is expected to be completed by the first quarter of 2020, subject to receipt of regulatory and shareholder approvals, was announced on August 16.
Bancorp of New Jersey is the holding company for Bank of New Jersey, which provides traditional commercial and consumer banking products and services. The bank's corporate office is in Englewood Cliffs and it currently operates out of nine branch offices throughout the state.
ConnectOne Bancorp, through its subsidiary ConnectOne Bank, offers a full suite of both commercial and consumer banking and lending products and services through its 29 banking offices located in New York and New Jersey.
Holland & Knight partners Paul Aguggia and Amy Leder are leading the firm's representation of Bancorp of New Jersey. They are being assisted by senior counsel Nicholas Brunero, associate Nicole Tedesco, and partners Kerry Halpern and Bill Sherman.
More information about the transaction can be found here.