Enevoldsen Management Company and its banking subsidiary The Potter State Bank of Potter has entered into a definitive agreement to merge with Platte Valley Financial Services Companies, Inc., the holding company of Platte Valley Bank. Platte Valley Bank will assume all deposits and loans, as well as the full-service branch locations.
Olsen Palmer LLC served as financial advisor to Enevoldsen Management Company.
This partnership, unanimously approved by the Boards of Directors of Platte Valley Bank and Enevoldsen Management Company, remains subject to regulatory approval and customary closing conditions. The transaction is expected to close in Q1 2026.
Olsen Palmer is the #1 sell-side — and a top 3 overall — bank M&A advisor nationwide based on the number of transactions advised upon in 2025, according to S&P Global.