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)
- Industry
- Financial Services
- Location
- Texas, United States
- Transaction Type
- Buyout
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