Eastern Bank

Eastern Bank, established in 1818 and headquartered in Boston, Massachusetts, is the largest independent, mutually owned bank in New England and the largest community bank in Massachusetts. It offers a wide range of financial services, including banking, investment, and insurance products. The bank provides personal checking and savings accounts, online and mobile banking, and various loan options. Additionally, Eastern Bank offers advisory services to businesses of all sizes in areas such as capital markets, equipment leasing, cash management, commercial real estate, international trade, and foreign exchange. Its diverse client base includes individuals, investors, government agencies, and not-for-profit organizations.

David Rosato

CFO

Nancy Stager

President and CEO

2 past transactions

SimpliSafe

Debt Financing in 2022
SimpliSafe, Inc. is a manufacturer of home protection products based in Boston, Massachusetts. Founded in 2006, the company specializes in designing and selling wireless security systems, which include sensors, cameras, and monitoring services for residential and commercial properties. SimpliSafe’s security solutions provide an affordable and easy-to-install alternative to traditional options, featuring 24/7 professional monitoring without long-term contracts. The systems offer various protective features such as cellular connections, SMS alerts, and smoke and fire detection. In 2018, SimpliSafe redesigned its security system to enhance performance, making it more compact and efficient. The product lineup includes entry sensors, motion detectors, glassbreak sensors, and smoke detectors, with plans to introduce additional features like a video doorbell and smart locks. SimpliSafe has received recognition for its innovation and service quality, including awards and high ratings from consumer advocacy organizations.

Century Bank

Acquisition in 2021
Founded in 1969, Century Bank was a commercial bank headquartered in Medford, Massachusetts. The bank provided banking services and catered to energy, information technology, healthcare, retail, media, manufacturing, life sciences, telecommunications, and consumer sectors.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.