Investment Summary |
|
|---|---|
| Date | 2013-03-26 |
| Target | Eastern Virginia Bankshares |
| Sector | Financial Services |
| Investor(s) |
Castle Creek Capital
GCP Capital Partners |
| Deal Type | PIPE |
SEARCH BY
| Category | Asset Manager |
|---|---|
| Founded | 1992 |
| PE ASSETS | 750M USD |
| Size | Middle-Market |
| Type | Sector Focused |
Castle Creek Capital is a private investment firm that makes control investments in U.S.-based community banks with less than $10 billion of assets. The firm specializes in operating, recapitalizing and strategically refocusing US based banks. Castle Creek targets smaller, healthier banks that are under-performing or lack critical mass. Castle Creek offers the resources to then implement a roll-up acquisition program. Castle Creek Capital LLC was founded in 1992 and is based in Rancho Santa Fe, California.
| DEAL STATS | # |
|---|---|
| Overall | 18 of 23 |
| Sector: Financial Services M&A | 18 of 22 |
| Type: PIPE M&A Deals | 8 of 10 |
| State: Virginia M&A | 3 of 3 |
| Country: United States M&A | 18 of 23 |
| Year: 2013 M&A | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-01-11 |
WashingtonFirst Bankshares
Reston, Virginia, United States WashingtonFirst Bankshares, Inc. is a holding company for WashingtonFirst Bank which focuses on providing quality, tailored services to its customers, conducts a full service commercial banking operation through 15 offices, with nine located in Northern Virginia, three in Maryland and three in the District of Columbia. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-05-15 |
First NBC Bank Holding Co.
New Orleans, Louisiana, United States First NBC Bank, a Louisiana state bank that offers a broad range of financial services. First NBC is primarily focused on serving the needs of privately held businesses, their owner families, executives and professionals with 13 offices located in the parishes of Jefferson and Orleans with total assets of approximately $1.6 billion as of June 30, 2011. |
Sell | - |
| Category | Merchant Bank |
|---|---|
| Founded | 2000 |
| PE ASSETS | 1.2B USD |
| Size | Large |
| Type | Sector Agnostic |
GCP Capital Partners consists of GCP US, GCP Europe, and GCP Venture. GCP US targets North American acquisitions. The unit looks to invest $10 to $50 million in businesses valued up to $500 million. GCP Europe targets businesses in the UK and Europe. The European team looks to invest up to £40 million in companies valued up to £100 million. Sectors of interest include business services, education, energy, financial services, insurance and telecommunications.
| DEAL STATS | # |
|---|---|
| Overall | 32 of 45 |
| Sector: Financial Services M&A | 6 of 11 |
| Type: PIPE M&A Deals | 2 of 2 |
| State: Virginia M&A | 1 of 1 |
| Country: United States M&A | 30 of 43 |
| Year: 2013 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-03-01 |
Acrisure
Grand Rapids, Michigan, United States Acrisure is a retail insurance brokerage offering comprehensive risk management and consulting solutions, including property & casualty, employee benefits, human resource outsourcing, loss & claims management, surety bonding and personal lines coverage. Acrisure was founded in 2005 and is based in Grand Rapids, Michigan. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-04-09 |
123 LumpSum
Fort Lauderdale, Florida, United States 123 LumpSum is a originator and servicer of secondary structured settlement transactions and other financial products. Since inception, 123 LumpSum has purchased over $700 million of payments. 123 LumpSum seeks to provide attractive financial solutions to its client base which is typically inadequately serviced by traditional banking institutions. 123 LumpSum was founded in 2001 and is based in Fort Lauderdal, Florida. |
Buy | - |
