 Bedminster, NJ, May 12, 2021 GLOBE NEWSWIRE -- via NewMediaWire -- Peapack-Gladstone Financial Corporation NASDAQ Global Select Market: PGC, parent company of Peapack-Gladstone Bank announced today that it has entered into an agreement to acquire Princeton, NJ-based Princeton Portfolio Strategies Group, LLC PPSG, with assets under management of approximately 550 million. The Company anticipates the purchase will be immediately accretive to earnings. The transaction is expected to close in the third quarter of 2021, subject to the receipt of regulatory approval and other customary closing conditions. 