Hometown Financial Group, MHC
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Hometown Financial Group, MHC - overview
Established
2015
Location
Easthampton, MA, US
Primary Industry
Financial Services
About
Based in Massachusetts, US, Hometown Financial Group, MHC provides a wide range of financial services, including consumer and business deposit products, lending services, and home financing options. In 2019, Hometown Financial Group, MLC acquired Abington Bank from 1st & Main Growth Partners. As of February 2025, the company is led by CEO Matt Sosik. The company through 52 branches across Massachusetts, northeastern Connecticut, and southern New Hampshire.
Hometown Financial Group offers a comprehensive range of banking services, such as consumer and business deposit accounts, lending products, and mortgage solutions. HFG's products cover a wide spectrum of financial services. bankESB, with USD 1. 7 billion in assets, primarily serves western Massachusetts.
North Shore Bank, with over USD 3 billion in assets, operates across eastern Massachusetts and southern New Hampshire, while bankHometown focuses on central Massachusetts and northeastern Connecticut. In addition, Hometown Mortgage, a division of bankESB, helps customers find appropriate home financing solutions.
Primary Industry
Financial Services
Sub Industries
Commercial Banks, Consumer Finance, e-Financial, Mortgage Banking
Website
www.bankhfg.com/
Total Amount Raised
Subscriber access only
Hometown Financial Group, MHC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Abington Bank | - |
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