Acquiring Company
Veritex Community Bank
Acquired Company
North Avenue Capital
DallasFinancial ServicesSoftwareMobileProfessional ServicesPrivacy And SecurityDescription
Veritex Holdings, Inc. (Nasdaq: VBTX) (“Veritex” or the “Company”), the parent holding company of Veritex Community Bank, today announced the entry into a definitive agreement pursuant to which a newly formed subsidiary of Veritex Community Bank will acquire North Avenue Capital, LLC (“NAC” or “North Avenue Capital”) to be a subsidiary of Veritex Community Bank.
Quick answer
Veritex Community Bank is acquiring North Avenue Capital, announced September 21, 2021. Veritex Community Bank is based in Dallas, Texas, United States.
- How much did Veritex Community Bank pay for North Avenue Capital?
- The deal value was not disclosed.
- What does Veritex Community Bank do?
- Veritex Community Bank is a Texas-based bank that offers various personal and commercial banking products.
- Where are Veritex Community Bank and North Avenue Capital based?
- Veritex Community Bank is based in Dallas, Texas, United States.
Source: Fundz verified event record.
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Who to call at Veritex Community Bank, and when
When Veritex Community Bank changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired North Avenue Capital?
North Avenue Capital was acquired by Veritex Community Bank, based in Dallas. The deal was reported on September 21, 2021. Veritex Community Bank is a Texas-based bank that offers various personal and commercial banking products. Veritex Community Bank is privately held and operates in Financial Services.
When did Veritex Community Bank acquire North Avenue Capital?
Veritex Community Bank's acquisition of North Avenue Capital was reported on September 21, 2021. Veritex Holdings, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does North Avenue Capital do?
Headquartered in Ponte Vedra, Florida, NAC is a regulated, non-depository government guaranteed lender. NAC originates and services loans exclusively through the USDA B& I guaranteed loan program within the USDA Rural Development Program. It is privately held, operating in Professional Services.
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