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Slide #25. TriState Capital Holdings, Inc. — Chartwell Investment Partners
TriState Capital Holdings, Inc. (NASDAQ:TSC)
Chartwell Investment Partners
TriState Capital Holdings, Inc. (NASDAQ:TSC) entered into a definitive asset-purchase agreement to acquire Chartwell Investment Partners, L.P., an investment management firm with over 150 institutional clients and approximately $7.5 billion in assets under management.
TriState Capital Holdings is a bank holding company. Through its bank subsidiary, Co. serves middle-market businesses in its primary markets throughout the states of Pennsylvania, Ohio, New Jersey and New York and it also serves individuals on a national basis through its private banking channel. Co.'s segments include: Bank, which provides commercial banking products and services to middle-market businesses and private banking products and services to individuals; and Investment Management, which provides investment management services primarily to institutional investors, mutual funds and individual investors.
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Buy (2.86 out of 4)