Sidley represented Castle Creek Capital Partners VIII L.P. in its definitive securities purchase agreement with Blue Ridge Bankshares, Inc. (NYSE American: BARBS), the holding company of Blue Ridge Bank, National Association, and BRB Financial Group, Inc. for a US$150 million capital raise. The transaction is subject to customary closing conditions including regulatory and shareholder approvals.
The Sidley team was led by Vijay S. Sekhon (M&A and Private Equity) and includes Ryan M. Hicks (M&A and Private Equity) and Michael D. Lewis (Banking and Financial Services).