Gulf Coast Bank & Trust completed the acquisition of KLC Financial.

Gulf Coast Bank & Trust, a Louisiana-based company that serves its business and personal banking clients through its bank branches, loan production offices, trust and investment offices and business credit offices, completed the acquisition of KLC Financial, an independent equipment finance company. Financial terms were not disclosed. “We are pleased to have forged this partnership with Gulf Coast Bank and view it as a natural progression for our team, customers, vendors, and our strategies. This new alliance will allow us to preserve the strong culture we have built with our team," Marc Keepman, KLC Chairman and Founder.