Peoples Bank, headquartered in Marietta, OH, purchased North Star Leasing Company based in Burlington, VT. CrestMount Advisors represented Peoples Bank, a wholly owned subsidiary of Peoples Bancorp Inc.

“Steve and the team at CrestMount Advisors were invaluable to our identifying the opportunity, developing a winning proposal and executing this transaction,” said Chuck Sulerzyski, President and CEO of Peoples Bank. “They understood our needs, identified the right partner and supported us through this process.”

“We are very proud of this transaction and believe that North Star represents an excellent fit with Peoples Bank and their growing business,” said Steve Sherman, Managing Director of CrestMount Advisors.

The sale closed April 1.

CrestMount Advisors specializes in mergers and acquisitions, debt and private equity financing, as well as strategic advisory services for companies in select industries, including financial services, technology, biomedical, and healthcare. It is headquartered in Madison, NJ.