Pacific Western Bank Acquires Civic Financial Services from Wedgewood

February 2, 2021

Pacific Western Bank (PacWest Bancorp) has purchased Civic Financial Services, a Redondo Beach-based institutional private lender, from Wedgewood, LLC. Civic will operate as a wholly owned subsidiary with William J. Tessar remaining as President; financial terms were not disclosed.

Buyers
Pacific Western Bank, PacWest Bancorp
Targets
Civic Financial Services, LLC
Sellers
Wedgewood, LLC
Location
California, United States
Transaction Type
Buyout

Explore More

Related Acquisitions

Build a buyer list for your deal

Find active buyers from recent acquisition patterns and move straight into outreach.