The modern alternative to chartering a new bank.
Our experience with proposals to purchase a bank by investor groups seeking to enter into banking has taught us that proper planning is required for success. As important as negotiating with the target and acquiring funding is developing a cogent business plan that will be well-received by regulatory agencies.
Harrison and Lemmon discuss
Our Work on Platform Acquisitions
As an alternative to chartering a new bank, many investor groups seek to acquire an existing bank and change its business plan to suit their needs. These transactions appear to be the most efficient way to enter the banking space but can be risky from a regulatory standpoint.