Trustar Bank

Great Falls, Virginia

Classification

Private

Financials

Revenue & Profit

Revenue

Valuation

Valuation

Ratios

Revenue / EBITDA
$123 MM
Valuation / Revenue
$123 MM
Valuation / Employees
$123 MM
EBITDA / Revenue
$123 MM
1-Year CAGR (Revenue)
03
3-Year CAGR (Revenue)
11
1-Year CAGR (Employees)
19
3-Year CAGR (Employees)
96

People

Employee Figures

Employees

Key Executives

NameTitleSocialsEmailPhone
John DoeEmployee
--
Jane DoeEmployee
John DoeEmployee
John DoeEmployee

401K

Total Active Participants
1234
No. Participants with Account Balances
56789
Total Liabilities Start of Year
1234
Total Assets Start of Year
56789

Deals

M&A2024-03-15Completed

Seller

Founders Group

Investor Sponsors

NorthBridge PE

Deal Amount

$120M

Target Company Valuation

$1.20 MM

Techniques

Acquisition of Assets, Taken Private

Stake Tags

100%

Is PE deal

Yes

Is deal PE backed

Yes

Total Acquired

100%

Secondary Transaction2023-09-01Canceled

Target

BrightHealth Technologies

Seller

Early Investors Consortium

Investor Sponsors

--

Deal Amount

Undisclosed

Target Company Valuation

NaN

Techniques

Secondary Sale, Management Buy-out (MBO)

Stake Tags

Majority

Is PE deal

No

Is deal PE backed

Yes

Total Acquired

65%

Funding

About

About

Trustar Bank is a financial institution that provides a range of banking and financial services to individuals, businesses, and organizations. Committed to building trust and fostering financial growth, Trustar Bank combines traditional banking principles with modern technology to offer a comprehensive suite of financial products and personalized services. Product Breakdown: Deposit Products: Trustar Bank provides a range of deposit products, including savings accounts, checking accounts, money market accounts, and certificates of deposit (CDs), offering customers flexible options to manage and grow their funds. Loan Products: From personal loans to mortgages, auto loans, commercial loans, and small business loans, Trustar Bank offers a diverse portfolio of financing solutions to meet the unique needs of individuals and businesses. Online and Mobile Banking: The bank's online and mobile banking services empower customers with convenient access to their accounts, featuring internet banking services, mobile banking apps, bill pay and transfer services, and robust account management tools. Credit Cards: Trustar Bank offers a variety of credit cards for personal and business use, each equipped with rewards and benefits programs to enhance the financial experience for cardholders. Wealth Management Services: For comprehensive financial planning, the bank provides wealth management services, including investment advisory, retirement planning, and trust and estate planning, ensuring a holistic approach to wealth preservation and growth. Business Banking Solutions: Catering to the needs of businesses, Trustar Bank offers business checking and savings accounts, merchant services, remote deposit capture, and various business loans and lines of credit to support corporate financial requirements. Financial Advisory Services: The bank provides financial advisory services encompassing financial planning, investment consulting, risk management, and portfolio management to guide customers in making informed and strategic financial decisions. Treasury Management: Trustar Bank's treasury management services cover cash management, automated clearing house (ACH) services, wire transfers, and electronic funds transfer, providing businesses with efficient tools for managing their financial operations.

Keywords

Keywords

Classified

Private