Bank deals heating up for summer
Troutman Sanders was mentioned in a May 30 Richmond BizSense article – “ Bank deals heating up for summer” – about Eastern Virginia Bankshares (EVBS), parent of full-service community bank EVB, announcing a deal on May 29 where it would buy Newport News-based Virginia Company Bank in a deal valued at $9.6 million. The deal will expand EVB’s footprint along the Virginia Peninsula, adding three bank branches.
Richmond partners Jake Lutz, Susan Ancarrow and Lynda Crouse; New York partner Mark Goldsmith; Richmond of counsel Mark Jones; and Richmond associates Seth Winter and Shannon Patterson served as company counsel for Eastern Virginia Bankshares in the deal.