The company plans to deploy these funds as growth capital to support general corporate operations and capitalize on emerging market opportunities. The transaction marks a significant milestone for the parent company of NexBank, which currently manages $18 billion in assets and operates as the largest privately held bank in Texas.
Cantor Fitzgerald & Co. acted as the financial advisor for half of the offering, totaling $75 million. Legal counsel for the transaction was provided by Hunton Andrews Kurth LLC. As an institution serving a diverse range of clients—from corporations and financial institutions to individual consumers—NexBank continues to leverage its strengthened balance sheet to expand its footprint in commercial and mortgage banking sectors.
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