Yadkin is a community bank with over 70 full-service banking locations in North Carolina and South Carolina, including a meaningful presence in the key North Carolina markets of Charlotte, Raleigh-Durham, Winston-Salem and Greenville.

The combined company is led by CEO, Scott Custer, who previously was CEO of Piedmont Community Bank Holdings, Inc..

Industry Knowledge & Network

Stone Point had a long pre-existing relationship with Adam Abram, who had led the formation of Yadkin’s predecessor and then recruited Scott Custer to run Yadkin. Additionally, Stone Point had pursued a similar community bank strategy in several other regions throughout the U.S. before partnering with Yadkin.

Introduction to Clients & Partners

In accordance with passivity rules, Stone Point facilitated networking events for community bank executives from various parts of the country to share best practices.

M&A Sourcing

Stone Point assisted Yadkin’s management team with target bank due diligence and advised management with respect to transaction structuring and financing.

Capital Raising & Structuring

Equity backstop for stock required to repay TARP of acquisition target enhanced execution of equity capital raise.

Operational Assistance & Governance

Stone Point was an active member of the company’s Board and various committees.

Exit Strategy

Stone Point was instrumental in Yadkin’s merger into a large public company.