{"schema_version":"secwatch.filing_event.v1","accession":"0000776901-24-000173","form_type":"8-K","ticker":"INDB","cik":"0000776901","company_name":"INDEPENDENT BANK CORP","filed_at":"2024-12-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:11.008432+00:00","generated_at":"2026-05-29T05:57:53.063361+00:00","sec_items":["8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Independent Bank to acquire Enterprise Bancorp for ~$562M in cash/stock","bullets":["Consideration: 0.60 INDB shares + $2 cash per EBTC share; ~$45.06/share based on INDB close of $71.77 on 12/6/24.","Transaction valued at ~$562M aggregate; expected to close in second half 2025, subject to regulatory and EBTC shareholder approval.","Expected ~16% EPS accretive in 2026 first full year; tangible book value earn-back within 3 years.","Enterprise has $4.7B assets, $4.2B deposits, $1.5B wealth AUM; combined pro forma ~$25B assets.","Enterprise directors/officers owning ~20.4% of EBTC shares have agreed to vote in favor; no INDB shareholder vote required."],"urls":{"canonical":"https://secwatch.observer/filing/0000776901-24-000173","json":"https://secwatch.observer/filing/0000776901-24-000173.json","markdown":"https://secwatch.observer/filing/0000776901-24-000173.md","text":"https://secwatch.observer/filing/0000776901-24-000173.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/776901/000077690124000173/0000776901-24-000173-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/776901/000077690124000173/indb-20241209.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T05:57:53.063361+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}