Independent Bank Group, through its wholly owned subsidiary, Independent Bank, provides a wide range of relationship-driven commercial banking products and services tailored to meet the needs of businesses, professionals and individuals. Independent Bank Group operates banking offices in four market regions located in the Dallas/Fort Worth, Austin and Houston, Texas areas as well as the Colorado Front Range area.
Fund IV was previously invested in Carlile Bancshares, Inc., which was acquired by Independent Bank Group, Inc. (NASDAQ:IBTX) effective as of April 1, 2017. For more information on the transaction, please read this press release. Carlile Bancshares, Inc. received approval from bank regulators for a shelf charter, a vehicle authorized to allow a group of investors to charter a new bank with FDIC deposit insurance, in May 2010. Castle Creek assisted Carlile in securing commitments totaling $330 million and the Carlile team focused on using its specifically designed charter to bid on and acquire failing banks with the benefit of financial assistance from the FDIC. The founders were longtime Texas bankers and concentrated on opportunities throughout the Southwest.← Back to Portfolio Page