M&A Deal Summary |
|
|---|---|
| Date | 2015-10-13 |
| Target | NewBridge Bancorp. |
| Sector | Financial Services |
| Buyer(s) | Yadkin Financial |
| Deal Type | Add-on Acquisition |
| Deal Value | 456M USD |
| Advisor(s) | Sandler O'Neill + Partners (Financial) Brooks, Pierce, McLendon, Humphrey & Leonard Wachtell, Lipton, Rosen & Katz (Legal) |
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| Category | Company |
|---|---|
| Founded | 1968 |
| Sector | Financial Services |
| Employees | 822 |
| Revenue | 261M USD (2016) |
Yadkin Financial Corporation is the holding company for Yadkin Bank, a full-service statechartered community bank providing services in 100 branches across North Carolina and upstate South Carolina. Serving approximately 130,000 customers, Yadkin has assets of $7.5 billion. Yadkin Bank's primary business is providing banking, mortgage, investment and insurance services to residents and businesses across the Carolinas. Yadkin Bank provides mortgagelending services through its mortgage division, Yadkin Mortgage, headquartered in Winston-Salem, NC.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 4 |
| Sector (Financial Services) | 4 of 4 |
| Type (Add-on Acquisition) | 3 of 3 |
| State (North Carolina) | 4 of 4 |
| Country (United States) | 4 of 4 |
| Year (2015) | 1 of 1 |
| Size (of disclosed) | 1 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-01-27 |
VantageSouth Bancshares
Raleigh, North Carolina, United States VantageSouth Bank is a state chartered bank operating 45 banking offices serving the Piedmont and coastal markets of North Carolina. |
Buy | $299M |
