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New Deal


Announced

Completed

NBH Bank completed the acquisition of StoneCastle Digital Solutions.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Domestic

Majority

Friendly

United States

Private

Completed

financial services

Single Bidder

Diversified Financials

Synopsis

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NBH Bank, a subsidiary of National Bank Holdings Corporation, completed the acquisition of StoneCastle Digital Solutions, a subsidiary of StoneCastle Partners. Financial terms were not disclosed. “Cambr provides us the ability to significantly grow our core deposits with very little incremental overhead. Cambr’s high-touch, low-cost model adds a highly scalable client base that delivers deposits at a significantly lower cost than our traditional retail accounts. The Cambr deposit channel provides NBH with a truly unique source of liquidity and diversifies our funding capabilities and lowers our all-in funding costs,” Tim Laney, National Bank Holdings Corporation Chairman, President and Chief Executive Officer.

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