M&A Deal Summary

First Foundation Acquires Pacific Rim Bank

On June 16, 2015, First Foundation acquired financial services company Pacific Rim Bank for 12M USD

Acquisition Highlights
  • This is First Foundation’s 2nd transaction in the Financial Services sector.
  • This is First Foundation’s 3rd largest (disclosed) transaction.
  • This is First Foundation’s 2nd transaction in the United States.
  • This is First Foundation’s 1st transaction in Hawaii.

M&A Deal Summary
Date 2015-06-16
Target Pacific Rim Bank
Sector Financial Services
Buyer(s) First Foundation
Deal Type Merger
Deal Value 12M USD

Target

Pacific Rim Bank

Honolulu, Hawaii, United States
Pacific Rim Bank is a full-service community bank to businesses and individuals.

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Buyer(S) 1

Buyer

First Foundation

Dallas, Texas, United States
Category Company
Founded 1985
Sector Financial Services
Employees564
Revenue 175M USD (2023)
DESCRIPTION

First Foundation is a provider of integrated investment management, wealth planning, consulting, trust and banking services. First Foundation was incorporated in 1985 and is based in Dallas, Texas.

DEAL STATS #
Overall 2 of 5
Sector (Financial Services) 2 of 5
Type (Merger) 2 of 2
State (Hawaii) 1 of 1
Country (United States) 2 of 5
Year (2015) 1 of 1
Size (of disclosed) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-08-15 Desert Commercial Bank

Palm Desert, California, United States

Desert Commercial Bank is a community bank, provides a full range of business and personal banking services.

Buy $16M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-03 Pacific Western Bank - Laguna Hills and Seal Beach CA Retail Branches

Laguna Hills, California, United States

Pacific Western Bank - Laguna Hills and Seal Beach, CA Retail Branches provides banking services to businesses and currently has deposits of total approximately $200 million.

Buy -
Mergr

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