Blue Ridge Bankshares, Inc. closed a $150 million Private Placement led by Kenneth R. Lehman for repositioning business lines and supporting organic growth.
Amount Raised
$150 Million
Round Type
Post-IPO Equity
Investors
Description
Blue Ridge Bankshares, Inc. has closed a Private Placement of $150 million in gross proceeds in common and preferred stock. The capital raised will support repositioning of business lines, organic growth, and enhancing the core community bank's capital levels.
Quick answer
Blue Ridge Bankshares raised $150 Million in a Post-IPO Equity round, dated April 3, 2024. Investors: Castle Creek Capital Partners Viii L.P. and Kenneth R. Lehman. Blue Ridge Bankshares is based in Richmond, Virginia, United States.
- How much did Blue Ridge Bankshares raise?
- Blue Ridge Bankshares raised $150 Million in a Post-IPO Equity round on April 3, 2024.
- Who invested in Blue Ridge Bankshares?
- Castle Creek Capital Partners Viii L.P. and Kenneth R. Lehman are named as investors in this round.
- What does Blue Ridge Bankshares do?
- Blue Ridge Bankshares, Inc. is a Virginia-based bank holding company primarily engaged in the business of banking and financial services.
- Where is Blue Ridge Bankshares based and how big is it?
- Blue Ridge Bankshares is based in Richmond, Virginia, United States.
Source: Fundz verified event record.
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