DLP Bancshares Acquires Community State Bank
September 15, 2022
DLP Bancshares, a holding company backed by private investors including Don Wenner of DLP Capital, has acquired Community State Bank, a Starke, Florida-based commercial bank with approximately $225 million in assets. DLP Bancshares injected significant capital to increase lending capacity, support loan growth, expand technology and services, and retain the bank's local management and board representation.
- Buyers
- DLP Bancshares
- Targets
- Community State Bank
- Industry
- Financial Services
- Location
- Florida, United States
- Transaction Type
- Buyout
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