Patriot Financial Partners

Patriot Financial Partners, L.P. is a private equity firm founded in 2007 and based in Philadelphia, Pennsylvania. The firm specializes in investing in community banks, thrifts, and other financial services companies across the United States. It focuses on growth-stage investments, targeting transactions typically ranging from $5 million to $35 million. Patriot Financial Partners seeks to capitalize on market opportunities primarily in metropolitan, growth, or niche markets, aiming for non-controlling investments in small to mid-sized banks with solid core deposit franchises. The firm is particularly interested in companies within the healthcare, real estate, distressed debt, and structured debt sectors, as well as financial technology.

Chad Brownstein

Managing Partner

Thomas Cestare

Partner and COO

Kevin DaCruz

Senior Associate

James Deutsch

Partner

Scott R. Gamble

Principal

Howard N. Hall

Principal

Michael High

Partner

David J. Honold

Principal

Kevin Kooman

Partner

James J. Lynch

Founding Partner

James J. Murphy

CFO

Steve Silverman

Senior Analyst

Rodney Whitwell

Principal

W. Wycoff

Managing Partner

13 past transactions

Grasshopper Bank

Private Equity Round in 2022
Grasshopper Bank, National Association is a commercial bank headquartered in New York City, specializing in providing banking products and services to businesses across the United States. Established in 2019, the bank offers a range of financial solutions including term loans, lines of credit, and lending for owner-occupied real estate and asset-based financing. Grasshopper Bank also provides deposit products and online banking services, focusing on serving founders, their companies, and the investors that support them within the innovation economy. The institution aims to simplify and enhance the banking experience, ensuring it is secure, transparent, and efficient for its clients.

PatientFi

Venture Round in 2022
PatientFi, LLC operates a digital platform designed to provide financing options for patients seeking aesthetic medical procedures. Founded in 2017 and based in Irvine, California, the company allows patients to apply online for credit, facilitating their access to a range of elective healthcare services including breast augmentation, mommy makeovers, and surgical facial rejuvenation. By partnering with medical practices across various specialties such as plastic surgery, dermatology, and dentistry, PatientFi aims to offer personalized financing plans that help patients manage the costs of their chosen treatments. The platform serves as a valuable resource for both patients and healthcare providers, ensuring better access to health, beauty, and wellness services.

Finexio

Venture Round in 2022
Finexio operates as a smart B2B payment network that simplifies accounts payable for medium and large businesses. By identifying suppliers eligible for electronic payments, the platform routes transactions directly into suppliers' bank accounts without needing bank account details. This process eliminates the use of paper checks and reduces payment costs significantly compared to traditional commercial payment methods. Finexio integrates seamlessly with major payment aggregators, accounts payable automation, and procurement software, enhancing payment efficiency and providing a cost-effective solution for businesses looking to streamline their payment processes.

Finexio

Venture Round in 2021
Finexio operates as a smart B2B payment network that simplifies accounts payable for medium and large businesses. By identifying suppliers eligible for electronic payments, the platform routes transactions directly into suppliers' bank accounts without needing bank account details. This process eliminates the use of paper checks and reduces payment costs significantly compared to traditional commercial payment methods. Finexio integrates seamlessly with major payment aggregators, accounts payable automation, and procurement software, enhancing payment efficiency and providing a cost-effective solution for businesses looking to streamline their payment processes.

Narmi

Series A in 2021
Narmi Inc. is a technology company that specializes in developing online and mobile banking applications for regional and community financial institutions in the United States. Founded in 2016 and headquartered in New York City, Narmi aims to enhance the banking experience by providing a platform that allows these institutions to attract, engage, and retain customers more effectively. Their offerings include features such as online banking, account opening with fraud protection, and multi-factor authentication, all designed to streamline financial transactions and improve customer interaction. By equipping regional and community banks with advanced technology, Narmi helps them compete against larger banks and FinTech companies, fostering a more diverse and engaging financial ecosystem. In addition to its banking applications, Narmi also provides website design, development, and hosting services, as well as content generation and management solutions.

ActiveWorx

Series A in 2020
ActiveWorx, a product of Miria Systems, Inc., specializes in cloud-based financial and operational software solutions aimed at automating various business processes. The company offers a suite of applications, including Active Pay for automating receipt-to-pay processes, Active Expense for managing expense submissions and approvals, and Active Ledger for standardizing journal entry processing. Other solutions include Active Personnel for payroll management, Active Onboarding to streamline new hire documentation, and Active Training for organizing employee development resources. ActiveWorx also features tools for utility management and customer feedback tracking, catering to diverse industries such as retail, healthcare, and manufacturing. As a subsidiary of Output Services Group, Inc. and an IBM Gold Business Partner, Miria Systems leverages advanced technology to enhance operational efficiency and facilitate the digital transformation of business processes. Founded in 1996 and based in Norristown, Pennsylvania, the company has evolved from its previous identity as Soluziona USA, Inc.

Numerated

Series B in 2019
Numerated Growth Technologies, Inc. is a Boston-based company founded in 2015 that specializes in developing a real-time sales platform for business and retail banking. The company's digital lending and sales platform simplifies the process for businesses to access financial products from banks by enabling seamless digital applications, account openings, and lending experiences. Numerated enhances these services through rich data integrations, credit pre-screening, and core data analysis tools, which assist banks in executing more targeted sales and marketing campaigns. The platform is utilized by several prominent business banks, including Bremer Bank, Dollar Bank, and Eastern Bank, among others.

Grasshopper Bank

Private Equity Round in 2019
Grasshopper Bank, National Association is a commercial bank headquartered in New York City, specializing in providing banking products and services to businesses across the United States. Established in 2019, the bank offers a range of financial solutions including term loans, lines of credit, and lending for owner-occupied real estate and asset-based financing. Grasshopper Bank also provides deposit products and online banking services, focusing on serving founders, their companies, and the investors that support them within the innovation economy. The institution aims to simplify and enhance the banking experience, ensuring it is secure, transparent, and efficient for its clients.

First Bancshares of Texas

Venture Round in 2017
First Bancshares of Texas is a bank holding company, which through its subsidiaries offers banking services

Radius Bank

Acquisition in 2016
Radius Bank, based in Boston, Massachusetts, is a community bank that offers a comprehensive range of banking products and services to consumers and businesses across the United States. Established in 1987 and formerly known as First Trade Union Bank, Radius Bank provides checking and savings accounts, CDs, IRAs, commercial loans, and various payment services. It emphasizes digital banking, featuring an award-winning platform that enables clients to manage their finances online or via mobile devices. The bank also specializes in partnering with fintech companies, offering white-label deposit products and a suite of open APIs for seamless integration of banking services. With approximately $1.3 billion in assets, Radius Bank serves a diverse clientele, including individuals, small to medium-sized businesses, and not-for-profit organizations, while focusing on sustainable lending practices and providing personalized customer service.

Banc of California

Post in 2013
Banc of California, Inc. serves as the bank holding company for Banc of California, National Association, providing a range of banking products and services across the United States. The institution offers various deposit options, including checking and savings accounts, money market accounts, and certificates of deposit. Its lending portfolio includes commercial and industrial loans, real estate financing, residential mortgage loans, home equity lines of credit, and small business administration loans. Additionally, Banc of California provides services such as cash management, foreign exchange, mobile banking, and automated bill payment. With a strong balance sheet and deep community connections, the bank aims to serve California's diverse businesses and homeowners, focusing on innovative solutions and exceptional customer service. Headquartered in Santa Ana, California, Banc of California operates multiple branches in Southern California, emphasizing a commitment to simplifying financial services for its clients since its founding in 1941.

PRIMIS

Private Equity Round in 2009
Primis Financial Corp is the bank holding company for Primis Bank, providing financial services to individuals and small and medium-sized businesses. Primis Bank offers a wide range of commercial banking services, it focuses on making loans secured majorly by commercial real estate and other types of secured and unsecured commercial loans to small and medium-sized businesses in a number of industries, as well as loans to individuals for a variety of purposes. Primis Bank offers a broad range of deposit products, including checking (NOW), savings, money market accounts and certificates of deposit.

Guaranty Bancorp

Series A in 2009
Guaranty Bancorp, headquartered in Denver, Colorado, operates as the bank holding company for Guaranty Bank and Trust Company, which provides a range of banking and financial services primarily to consumers and small to medium-sized businesses. The institution offers a variety of deposit products, including checking accounts, savings accounts, and certificates of deposit. It also provides an array of loan options, such as commercial loans, real estate financing, construction loans, and consumer loans. Additionally, the bank emphasizes wealth management services, including private banking, investment management, and trust services. With a commitment to personalized service, Guaranty Bank and Trust has been serving the community for over 50 years, focusing on the financial needs of its clients.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.