M&A Deal Summary

Pacific Western Bank Acquires American Perspective Bank

On August 1, 2012, Pacific Western Bank acquired financial services company American Perspective Bank for 58M USD

Acquisition Highlights
  • This is Pacific Western Bank’s 5th transaction in the Financial Services sector.
  • This is Pacific Western Bank’s largest (disclosed) transaction.
  • This is Pacific Western Bank’s 5th transaction in the United States.
  • This is Pacific Western Bank’s 4th transaction in California.

M&A Deal Summary

Date 2012-08-01
Target American Perspective Bank
Sector Financial Services
Buyer(s) Pacific Western Bank
Deal Type Add-on Acquisition
Deal Value 58M USD

Target

American Perspective Bank

San Luis Obispo, California, United States
American Perspective Bank provides various banking products and services.

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Buyer(S) 1

Buyer

Pacific Western Bank

Los Angeles, California, United States

Category Company
Founded 1982
Sector Financial Services
DESCRIPTION

Pacific Western Bank provides commercial banking products and services to small and medium-sized businesses primarily in California.


DEAL STATS #
Overall 5 of 5
Sector (Financial Services) 5 of 5
Type (Add-on Acquisition) 3 of 3
State (California) 4 of 4
Country (United States) 5 of 5
Year (2012) 3 of 3
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-04-23 Celtic Capital

Santa Monica, California, United States

Celtic Capital provides Asset Based Financing (ABF) to non-retail businesses in the Western United States that find it challenging to get traditional bank loans. Celtic´s credits range from $500,000 to $5 million and are used for various business needs such as working capital, sales growth, debt restructuring, DIP financing, turnarounds, among others and within various industries. Celtic Capital was founded in 1982 and is based in Santa Monica, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-01 Celtic Capital

Santa Monica, California, United States

Celtic Capital provides Asset Based Financing (ABF) to non-retail businesses in the Western United States that find it challenging to get traditional bank loans. Celtic´s credits range from $500,000 to $5 million and are used for various business needs such as working capital, sales growth, debt restructuring, DIP financing, turnarounds, among others and within various industries. Celtic Capital was founded in 1982 and is based in Santa Monica, California.

Sell -