Warburg Pincus to acquire a minority stake in United Trust Bank.

Warburg Pincus, a private equity firm, agreed to acquire a minority stake in United Trust Bank, a UK-based specialist bank. Financial terms were not disclosed. “We are delighted to partner with United Trust Bank as an investor and a strategic partner. UTB has established itself as a market leader in the UK, with an impressive track record of growth and innovation. The Bank’s strong management team, customer-centric approach, and focus on specialty lending solutions are key drivers of its success. We look forward to working closely with Harley and his team to support the Bank’s continued growth and leveraging the expertise of our Financial Services and Capital Solutions teams to help the company seize new opportunities in the UK market,” Mike Thompson, Warburg Pincus Managing Director.