Texas Partners Bank Acquires Legacy Mutual Mortgage

January 4, 2022

Texas Partners Bank, through its holding company Southwest Bancshares, Inc., has acquired the partnership interests of Legacy Mutual Mortgage, a San Antonio-based mortgage lender. The deal brings a full-service mortgage platform into Texas Partners Bank’s footprint to broaden lending solutions and expand mortgage capabilities across central Texas and select out-of-state markets.

Buyers
Texas Partners Bank, Southwest Bancshares, Inc.
Targets
Legacy Mutual Mortgage
Sellers
Key executives of Legacy Mutual Mortgage (including Dan Diepenhorst and Don Kalbacher)
Location
Texas, United States
Transaction Type
Buyout

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