Cases & Deals

CapGen Financial invests in Palmetto Bancshares

Clients CapGen Financial Group

Jones Day advised CapGen Financial Group in connection with the purchase by CapGen Capital Group V LP of $103 million of Common Stock in a private placement by Palmetto Bancshares, Inc., a bank holding company whose principal banking subsidiary is The Palmetto Bank. Other institutional investors included Patriot Capital Partners and Sandler O'Neill Asset Management.