Capital Bancorp, Inc. Announces Acquisition of Integrated Financial Holdings, Inc.
At closing, Capital shareholders will own approximately 84% and IFH shareholders will own approximately 16% of the combined company.
- At closing, Capital shareholders will own approximately 84% and IFH shareholders will own approximately 16% of the combined company.
- Including Windsor Advantage’s industry leading government guaranteed servicing platform, Capital is well positioned to capitalize on this growing niche.
- A. Riddick Skinner, EVP of Government Lending at IFH, will join Capital Bank as Head of Government Guaranteed Lending Program.
- Raymond James & Associates, Inc. served as financial advisor and Wyrick Robbins Yates & Ponton LLP served as legal advisor to IFH.