Pine Brook Invests $45 Mln In Community Trust Bank

Pine Brook said Monday it completed a $45 million growth equity investment in Community Trust Financial Corp., which is the parent of Community Trust Bank. Pine Brook will have 13.7% economic interest in Community Trust and 9% voting interest, according to Oliver Goldstein, a Pine Brook MD. Ruston, La.-based Community Trust is a $3 billion community trust bank with 30 banking centers spread across Northern Louisiana, the Dallas/Fort Worth area, and North-Central Mississippi.

DealsNorth AmericaUSBriefs