WesBanco, Inc. is a bank holding company based in Wheeling, West Virginia, that operates through its subsidiary, WesBanco Bank, Inc. The company offers a range of financial services, including retail and corporate banking, personal and corporate trust, brokerage, mortgage banking, and insurance services. WesBanco serves its clients through community banking and trust and investment services, providing various deposit accounts, loans for residential and commercial real estate, consumer installment loans, and home equity lines of credit. Additionally, the company offers investment products such as mutual funds and annuities, as well as securities brokerage services. WesBanco also operates an insurance agency and a full-service broker/dealer. As of the end of 2019, the bank maintained 236 branches and 227 ATMs across multiple states, including West Virginia, Ohio, and Pennsylvania. Founded in 1870, WesBanco has established a significant presence in the financial services sector.
3 Rivers Capital
Venture Round in 2017
3 Rivers Capital, LLC is a private equity firm based in Pittsburgh, Pennsylvania, that specializes in control buyouts and equity recapitalizations of small, family-owned, and entrepreneur-led businesses. Established in 2005, the firm targets niche manufacturing, specialty service sectors, healthcare, energy, and business-to-business industries within the Mid-West and Mid-Atlantic regions of the United States. 3 Rivers Capital typically invests in companies with revenues up to $50 million and an EBITDA range of $4 million to $10 million, aiming to enhance value and achieve a target EBITDA of $10 million. The firm prefers to acquire a majority stake and seeks to invest in companies with strong growth potential and EBITDA margins of 15 percent or greater.