Banking & Savings M&A » By The Online Investor Staff, updated Fri., Mar. 29, 2:06 AM
Recent mergers and acquisitions in the Banking & Savings M&A category.
Slide #81. Pacific Premier Bancorp — Infinity Franchise Holdings, LLC
Acquirer: |
Pacific Premier Bancorp (NASDAQ:PPBI) |
Acquiree: |
Infinity Franchise Holdings, LLC |
Details: |
Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) (the "Company"), the holding company of Pacific Premier Bank (the "Bank"), announced today that it has completed the acquisition of Infinity Franchise Holdings, LLC ("IFH") and its wholly owned operating subsidiary Infinity Franchise Capital, LLC ("IFC"), a national lender to franchisees in the quick service restaurant (QSR) industry, and other direct and indirect subsidiaries of IFH utilized in its business. The acquisition was completed on January 30, 2014. |
Pacific Premier Bancorp is a bank holding company. Through its subsidiary, Pacific Premier Bank, Co. mainly conducts business throughout the Western Region of the U.S. from its depository branches. Co.'s primary lending business focuses on small- and medium-sized businesses and corporations through commercial business loans, lines of credit, Small Business Administration loans, commercial real estate loans, agribusiness loans, franchise lending, home equity lines of credit, and construction loans. Co. provides an array of deposit products and services, including checking, money market and savings accounts, electronic banking services, treasury management services, and online bill payment.
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Company Name: |
Pacific Premier Bancorp Inc |
Website: |
www.ppbi.com |
Sector: |
Banking & Savings |
Number of ETFs Holding PPBI: |
53 |
Total Market Value Held by ETFs: |
$576.55M |
Total Market Capitalization: |
$2.20B |
% of Market Cap. Held by ETFs: |
26.21% |
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March 29, 2024 2:06 AM Eastern
Buy (2.71 out of 4)
14th percentile
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