M&A Deal Summary

Triumph Financial Acquires ColoEast Bankshares

On March 7, 2016, Triumph Financial acquired financial services company ColoEast Bankshares for 70M USD

Acquisition Highlights
  • This is Triumph Financial’s 1st transaction in the Financial Services sector.
  • This is Triumph Financial’s largest (disclosed) transaction.
  • This is Triumph Financial’s 1st transaction in the United States.
  • This is Triumph Financial’s 1st transaction in Colorado.

M&A Deal Summary
Date 2016-03-07
Target ColoEast Bankshares
Sector Financial Services
Buyer(s) Triumph Financial
Deal Type Add-on Acquisition
Deal Value 70M USD
Advisor(s) Otteson Shapiro (Legal)

Target

ColoEast Bankshares

Lamar, Colorado, United States
ColoEast Bankshares, Inc. is a provider of financial services.

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Buyer(S) 1

Buyer

Triumph Financial

Dallas, Texas, United States
Category Company
Founded 2003
Sector Financial Services
Employees1,518
Revenue 417M USD (2023)
DESCRIPTION

Triumph Financial is a financial holding company with a diversified line of community banking, commercial finance and asset management activities. Triumph Financial was founded in 2003 and is based in Dallas, Texas.

DEAL STATS #
Overall 1 of 2
Sector (Financial Services) 1 of 2
Type (Add-on Acquisition) 1 of 2
State (Colorado) 1 of 2
Country (United States) 1 of 2
Year (2016) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-30 Whitestar Asset Management

Dallas, Texas, United States

Whitestar Asset Management is a credit-focused investment management firm, with an emphasis on managing and providing other services with respect to CLOs and related credit securities. Its team of talented professionals has deep experience in investing in and managing bank loans, loan acquisition, loan origination, credit analysis, portfolio management, trading, collateralized loan obligation (CLO) investing, and CLO deal structuring and compliance. Whitestar Asset Management is based in Dallas, Texas.

Sell -
Mergr

Product

Company

Legal