M&A Deal Summary

Grandpoint Capital Acquires Regents Bancshares

On September 7, 2011, Grandpoint Capital acquired financial services company Regents Bancshares for 875M USD

Acquisition Highlights
  • This is Grandpoint Capital’s 2nd transaction in the Financial Services sector.
  • This is Grandpoint Capital’s largest (disclosed) transaction.
  • This is Grandpoint Capital’s 2nd transaction in the United States.
  • This is Grandpoint Capital’s 1st transaction in California.

M&A Deal Summary

Date 2011-09-07
Target Regents Bancshares
Sector Financial Services
Buyer(s) Grandpoint Capital
Deal Type Add-on Acquisition
Deal Value 875M USD

Target

Regents Bancshares

La Jolla, California, United States
website
Regents Bank was founded in 2001 by local banking professionals, led by Yates and Young, who came together with local community leaders to create a privately held banking company. The bank specializes in serving small to mid-size businesses and operates four banking offices in San Diego County and one in Vancouver, Wash.

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Buyer(S) 1

Buyer

Grandpoint Capital

Los Angeles,, California, United States

website


Category Company
Founded 2010
Sector Financial Services
DESCRIPTION

Grandpoint Capital, Inc. is a parent company of Grandpoint Bank, a full service commercial bank with assets of $3.2 billion focused on professionals, entrepreneurs, and privately held businesses. The Bank operates 14 banking offices in Southern California, Washington, and Arizona. Grandpoint Capital and Grandpoint Bank was founded in 2010 and is headquartered in Los Angeles, California.


DEAL STATS #
Overall 2 of 2
Sector (Financial Services) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (California) 1 of 1
Country (United States) 2 of 2
Year (2011) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-12-28 First Commerce Bancorp

Lewisburg, Tennessee, United States

First Commerce Bancorp, Inc. operates as a holding company for First Commerce Bank that provides a range of commercial and consumer banking products and services primarily to individuals and small and medium-sized businesses.

Buy -