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The deal adds to BerryDunn’s growing geographic footprint in southern New England, which includes the acquisition of three Connecticut firms in the past eight years.
Baker Newman Noyes, a Portland-based accounting and advisory firm, has promoted three new employees at its headquarters office to principal.
Guest columnist Bob Montgomery-Rice, president and CEO of Maine's largest bank, offers some suggestions about how to prepare for shifts in the economy this year.
All together, CEI invested nearly $23 million in 129 business, most of which are based in Maine.
People often wait too long to consider when they want to retire, writes guest columnist Laura McHugh of Spinnaker Trust. It's never too early to make a plan.
Now is the time to see a financial planner and start looking at your retirement, writes guest columnist Felicia Knight.
"All in all, we're starting 2025 in a really good, strong spot," Kenneth J. Entenmann, chief investment officer and chief economist at NBT Wealth Management, told an audience in Portland on Thursday.
Jim Roche, president of the Maine Bankers Association, said he expects more banks to seek economies of scale through combinations.
Mainebiz offers 25 predictions about Maine's economy in 2025.
The combined institution has total assets of around $7 billion and 73 branches in Maine and New Hampshire.
The enlarged bank, now known as Maine Community Bank, employs more than 370 people, and has branches in Cumberland, Androscoggin and York counties.
Some Maine companies bulked up through acquisitions, while others were targets for buyers.
Here are 10 Mainebiz news and feature articles on Maine bank and credit unions published in 2024.
The deal, whose terms were not disclosed, will pair a four-year-old buyer with a long-established Maine firm founded in 1854.
Spinnaker Trust, a Portland-based wealth management firm, has promoted three senior team members to principals.
Here is a curated collection of snippets from interviews with business and nonprofit movers and shakers published in 2024.