First National Financial Completes Acquisition by Birch Hill and Brookfield for $48 Per Share

First National Financial Corporation has completed its acquisition by Birch Hill Equity Partners and Brookfield Asset Management for $48 per share. The founders retain a 19% interest, while the private equity firms hold 62%. The board has expanded to ten members, with plans for an eleventh. Senior management remains unchanged, and the company will continue to operate under its current name, with preferred shares and new senior notes outstanding.