Pacific Premier Bancorp acquires Grandpoint Capital

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Pacific Premier Bancorp acquires Grandpoint Capital

By Staff Report / Monday, February 12th, 2018 / Comments Off on Pacific Premier Bancorp acquires Grandpoint Capital

Pacific Premier Bancorp, parent company of Pacific Premier Bank, announced on Feb. 12 its acquisition of Grandpoint Capital in an all-stock transaction valued at about $641 million. Pacific Premier, with branches in San Luis Obispo and Santa Barbara counties, is hoping the acquisition will bolster its position as one of the largest commercial banks headquartered…

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