M&A Deal Summary

NewBridge Bancorp. Acquires Bradford Mortgage Co

On December 31, 2009, NewBridge Bancorp. acquired financial services company Bradford Mortgage Co

Acquisition Highlights
  • This is NewBridge Bancorp.’s 1st transaction in the Financial Services sector.
  • This is NewBridge Bancorp.’s 1st transaction in the United States.
  • This is NewBridge Bancorp.’s 1st transaction in North Carolina.

M&A Deal Summary
Date 2009-12-31
Target Bradford Mortgage Co
Sector Financial Services
Buyer(s) NewBridge Bancorp.
Deal Type Add-on Acquisition

Target

Bradford Mortgage Co

Winston-Salem, North Carolina, United States
Bradford Mortgage Co LLC is a provider of mortgage loans services to real estate, builders and home buyers.

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Buyer(S) 1

Buyer

NewBridge Bancorp.

Greensboro, North Carolina, United States
Category Company
Sector Financial Services
Employees457
Revenue 102M USD (2014)
DESCRIPTION

NewBridge Bancorp. is a bank holding company for NewBridge Bank a full-service state-chartered community bank. NewBridge Bancorp is based in Greensboro, North Carolina.

DEAL STATS #
Overall 1 of 3
Sector (Financial Services) 1 of 3
Type (Add-on Acquisition) 1 of 3
State (North Carolina) 1 of 2
Country (United States) 1 of 3
Year (2009) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-10-02 Security Savings Bank

Monmouth, Illinois, United States

Security Savings Bank operates six branches and one loan production office in Brunswick County, N.C.

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