M&A Deal Summary

NBH Bank Acquires Cambr

On April 19, 2023, NBH Bank acquired financial services company Cambr from StoneCastle Partners

Acquisition Highlights
  • This is NBH Bank’s 3rd transaction in the Financial Services sector.
  • This is NBH Bank’s 3rd transaction in the United States.
  • This is NBH Bank’s 2nd transaction in New York.

M&A Deal Summary

Date 2023-04-19
Target Cambr
Sector Financial Services
Buyer(s) NBH Bank
Sellers(s) StoneCastle Partners
Deal Type Divestiture

Target

Cambr

New York, New York, United States
Cambr is a deposit acquisition and processing platform that generates core deposits from accounts offered through embedded finance companies. The company's business-to-business-to-consumer (B2B2C) model leverages the customer base and marketing spend across a wide range of embedded finance companies to source granular, diversified cash deposits in a highly cost-efficient manner. Cambr is based in New York, New York.

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Buyer(S) 1

Buyer

NBH Bank

Greenwood Village, Colorado, United States

Category Company
Founded 2009
Sector Financial Services
Employees1,259
Revenue 401M USD (2024)
DESCRIPTION

NBH Bank is an operator of 86 banking centers located in Colorado, the greater Kansas City region and Texas. Through the Company's subsidiary, NBH Bank, it operates under the following brand names: Bank Midwest in Kansas and Missouri, Community Banks of Colorado in Colorado and Hillcrest Bank in Texas. NBH Bank was founded in 2009 and is based in Greenwood Village, Colorado.


DEAL STATS #
Overall 3 of 3
Sector: Financial Services M&A 3 of 3
Type: Divestiture M&A Deals 1 of 1
State: New York M&A 2 of 2
Country: United States M&A 3 of 3
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-18 Rock Canyon Bank

Provo, Utah, United States

Rock Canyon Bank is a third-party SBA loan originator in the state of Utah dedicated to providing quality financial solutions in a secure and timely manner while providing the professional and personal attention you deserve. Rock Canyon Bank was formed in 1991 and is based in Provo, Utah.

Buy $136M

Seller(S) 1

SELLER

StoneCastle Partners

New York, New York, United States

Category Company
Sector Financial Services
DESCRIPTION

StoneCastle Partners is an asset manager focused on the community banking industry, with a strong track record in managing bank trust-preferred securitizations. The company intends to continue growing its core business by leveraging its origination network and underwriting capabilities to invest in other community bank assets and liabilities through a variety of investment vehicles. StoneCastle Partners is based in New York City.


DEAL STATS #
Overall 2 of 2
Sector: Financial Services M&A 2 of 2
Type: Divestiture M&A Deals 2 of 2
State: New York M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-03 interLINK

New York, New York, United States

interLINK provides cash management solutions to financial intermediaries, facilitating the investment of cash held in thousands of brokerage accounts into FDIC-insured banks. interLINK administers approximately 420,000 retail brokerage accounts on behalf of multiple broker/dealers and clearing platforms. interLINK was founded in 2010 and is based in New York City.

Sell $91M