ATG Trust Company to Be Acquired by Midland Trust Company
Attorneys’ Title Guaranty Fund, Inc. (ATG®) announces it has signed a definitive agreement to sell the business of its subsidiary, ATG Trust Company, to Midland Trust Company (MTC), a subsidiary of Midland States Bancorp, Inc., of Effingham.
Midland’s acquisition of ATG Trust Company will enhance ATG Trust’s commitment to offering creative trust and estate solutions by providing expanded investment, technological, and operational capabilities.
After the transaction closes, the staff from ATG Trust and Midland Trust Company’s Chicago office will relocate to a new location in Chicago’s downtown. More information about the transition is available online.
Piper Sandler & Co. is acting as financial advisor and Much Shelist, P.C. is serving as legal counsel to ATG.