Equitable Bank, a wholly owned subsidiary of EQB Inc., has completed the acquisition of Concentra Bank for a premium of $35.7 million to its $459.7 million book value of common equity, subject to final standard closing purchase price adjustments.

TD Securities Inc. and RBC Capital Markets served as financial advisors, and Bennett Jones LLP acted as legal advisor to Equitable with a team led by Suzana Lobo and John Teolis and includes Curtis Cusinato, Jeff Kerbel, Matthew Hunt, Gordon McKenna, Adam Kalbfleisch, Jessica Thrower, Nusrat Ali, Benjamin Gal and Tyler McAuley. 

Equitable's internal legal team is led by Michael Mignardi, Equitable's General Counsel. 

Borden Ladner Gervais LLP served as legal advisor to Concentra.

National Bank Financial Inc. acted as financial advisor and Torys LLP acted as legal advisor to SaskCentral. Morrison Park Advisors provided an independent fairness opinion to the SaskCentral board of directors.