29 Oct 2025

"MidWestOne Financial Group to Merge with Nicolet Bankshares in $864 Million Deal"

"Alston & Bird has advised MidWestOne Financial Group Inc. on its $864 million merger with Nicolet Bankshares Inc., expected to close in the first half of 2026, pending regulatory approvals. The advisory team was led by partners Sandy Brown and Mark Kanaly, along with several other associates and partners specializing in various legal areas."

Alston & Bird advised MidWestOne Financial Group Inc., the parent company of MidWestOne Bank, in its $864 million merger with Nicolet Bankshares Inc., the parent company of Nicolet National Bank. The transaction is anticipated to close in the first half of 2026, pending customary closing conditions and regulatory approvals. The Alston & Bird team included partners Sandy Brown and Mark Kanaly, senior associate J.P. Mahoney, and associates Jerome Felton and Olivia Weber, all from the Financial Services practice. Additionally, partner Blake MacKay, counsel Kerry Wenzel, and senior associate Cremeithius Riggins contributed from the Employee Benefits & Executive Compensation practice. Partner Brett Coburn represented the Labor & Employment practice, while partner Scott Harty and senior associate John Harden were involved from the Federal & International Tax practice.
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