Press Release October 29, 2025

Alston & Bird Advises MidWestOne on $864 Million Merger with Nicolet Bankshares

Alston & Bird advised MidWestOne Financial Group Inc., the parent company of MidWestOne Bank, on its $864 million merger with Nicolet Bankshares Inc., the parent company of Nicolet National Bank. The transaction is expected to close in the first half of 2026, subject to customary closing conditions and regulatory approvals.

The Alston & Bird team advising MidWestOne was led by partners Sandy Brown and Mark Kanaly. The team also included senior associate J.P. Mahoney and associates Jerome Felton and Olivia Weber (Financial Services); partner Blake MacKay, counsel Kerry Wenzel, and senior associate Cremeithius Riggins (Employee Benefits & Executive Compensation); partner Brett Coburn (Labor & Employment); and partner Scott Harty and senior associate John Harden (Federal & International Tax).

Media Contact
Alex Wolfe
Communications Director

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