Parthenon Invests $15 Million in Seaside National Bank
Parthenon Capital Partners completed a $15 million investment in Seaside National Bank & Trust, a nationally-chartered commercial bank headquartered in Orlando, Florida. The investment will be made through the bank’s holding company, Three Shores Bancorporation, with funds from Parthenon Investors III, L.P. The investment made by Parthenon Capital Partners was complemented by investments from Lovell Minnick Partners, Continental Investors and a group of existing shareholders for a total of over $40 million.
4 December 2009•3 mins read
