Headquartered in Dallas, TX, Veritex Community Bank (NASDAQ: VBTX) is a commercial bank serving the greater Dallas metropolitan area. With a focus on providing superior customer service, Veritex focuses on local loans and deposits with leading members of the community and their businesses.
Transaction
SunTx Capital Partners invested in Veritex Community Bank.
Opportunity
Veritex Community Bank represented an opportunity to acquire a banking platform with strong organic and acquisition growth potential, backed by a successful, experienced management team.
Strategy
SunTx worked with management to organically grow deposit base, acquire additional depository institutions, and offer additional services to underserved businesses and Dallas demographics.
Fast Facts
Fund Fund II
InvestmentPlatform Creation
StatusExited
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