DALLAS and NEW YORK, March 30, 2017 (GLOBE NEWSWIRE) — Pine Brook, an investment firm focused on building businesses in the financial services and energy sectors, and Triumph Bancorp, Inc. (NASDAQ:TBK) today announced the signing of a definitive agreement for Pine Brook and management to acquire Triumph Capital Advisors, LLC (“Triumph Capital Advisors” or the “Company”), a credit investment firm that manages and provides other… Continue reading »
Triumph Capital Advisors closes Trinitas CLO III, Ltd., a $409MM broadly syndicated CLO.
Triumph Capital Advisors refinances the A1 and A2 Classes of Doral CLO II, representing $296.5MM of the $416.5MM of note classes in the broadly syndicated CLO. Overall, the deal’s weighted average cost of capital fell by 27bps to L+225.
DALLAS, (GLOBE NEWSWIRE) — Triumph Bancorp, Inc. (Nasdaq:TBK) today announced that it, through its wholly owned subsidiary Triumph Capital Advisors, LLC, has acquired all the equity of Doral Money, Inc. (“Doral Money”) and certain related assets in connection with the Federal Deposit Insurance Corporation’s (“FDIC”) auction process for Doral Bank. As a result of this transaction, Triumph Capital Advisors has acquired the management contracts to… Continue reading »
DALLAS, (GLOBE NEWSWIRE) — Triumph Bancorp, Inc. (Nasdaq:TBK) announced today that it has completed its initial public offering of 6,700,000 shares of its common stock at a price to the public of $12.00 per share. Triumph’s common stock began trading on the NASDAQ Global Select Market on November 7, 2014, under the ticker symbol “TBK”. Sandler O’Neill + Partners, L.P., Evercore and Wells Fargo Securities,… Continue reading »