M&A Deal Summary

People’s Bank of Commerce Acquires Capital Associates

On August 25, 2017, People’s Bank of Commerce acquired financial services company Capital Associates

Acquisition Highlights
  • This is People’s Bank of Commerce’s 1st transaction in the Financial Services sector.
  • This is People’s Bank of Commerce’s 1st transaction in the United States.
  • This is People’s Bank of Commerce’s 1st transaction in Oregon.

M&A Deal Summary

Date 2017-08-25
Target Capital Associates
Sector Financial Services
Buyer(s) People’s Bank of Commerce
Deal Type Add-on Acquisition

Target

Capital Associates

Medford, Oregon, United States
Capital Associates, Inc. (dba Steelhead Factoring) is specializing in providing financial services to the trucking industry. Steelhead is a privately held company and has been in business for 36 years serving customers throughout the United States.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

People’s Bank of Commerce

Ashland, Oregon, United States

Category Company
Founded 1998
Sector Financial Services
DESCRIPTION

People’s Bank of Commerce is a provider of financial services. People’s Bank of Commerce was founded in 1998 and is based in Ashland, Oregon.


DEAL STATS #
Overall 1 of 2
Sector (Financial Services) 1 of 2
Type (Add-on Acquisition) 1 of 1
State (Oregon) 1 of 2
Country (United States) 1 of 2
Year (2017) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-05 Willamette Community Bank

Albany, Oregon, United States

Willamette Community Bank is a full-service bank that serves customers from three offices located in Albany, Lebanon, and Salem. Willamette Community Bank was founded in 2003 and is based in Albany, Oregon.

Buy -