Banc of California to Merge with Pacific Mercantile Bank
Banc of California and Pacific Mercantile Bancorp, the holding company of Pacific Mercantile Bank, entered into a definitive agreement and plan of merger under which Pacific Mercantile will merge into Banc of California in an all-stock transaction valued at approximately $235 million.
March 23, 2021
Banc of California | Brad R. Dinsmore | Jared Wolff | Keefe Bruyette & Woods | Pacific Mercantile Bank | Piper Sandler | Sheppard Mullin Richter & Hampton | Stifel | Sullivan & Cromwell
Phil Neuffer