[Atlanta, GA] – [January 6, 2025] – MountainSeed, a leader in real estate and financial services, proudly announces the successful completion of eight different bank branch acquisitions in December, totaling roughly $80 million. This milestone underscores MountainSeed’s commitment to delivering value and driving innovation for the banking and credit union industry.
In December, MountainSeed successfully negotiated and closed eight transactions that enhanced a growing portfolio of branch acquisitions. These deals included partnerships with publicly traded and privately held banks, as well as credit unions. By providing strategic insights, expertise, and innovative solutions, the MountainSeed capital markets team continues to empower community banks and credit unions to thrive in an evolving financial landscape, solidifying MountainSeed’s position as a trusted partner.
Don Robinson, President of MVB Bank, commented, “Working with MountainSeed was an exceptional experience. Their expertise and professionalism throughout the process were outstanding. We look forward to seeing the positive impact this capital will have on our balance sheet.”
Scott McKim, CFO of BayFirst National Bank, shared, “The MountainSeed team demonstrated exceptional insight and dedication during the acquisition process. Their approach not only educated our team but also established them as a trusted and reliable partner.”
Patrick Roberts reflected on the team’s accomplishments, stating, “December marked an extraordinary conclusion to an incredible year. Sale-leasebacks continue to attract strong interest from banks and credit unions as a logical way to generate capital and improve the balance sheet. MountainSeed is positioned as one of the most aggressive and reliable acquirers in this space. We are grateful for the trust placed in us by sellers in 2024 and are excited about the momentum building for 2025, which we anticipate will surpass this past year’s total deal volume and should eclipse over $600mm in transaction volume over the next twelve months.”
About MountainSeed
MountainSeed serves as a partner to over 600 community banks and credit unions across 50 states. MountainSeed has become the most active company in conducting sale-leaseback transactions with community banks and credit unions. In addition, the company processes over $5 billion in commercial real estate transactions monthly, offering expertise to clients in the commercial real estate and lending industries. Their tech-enabled business provides clients access to a marketplace of products, services, and real estate data.
About MVB Bank
MVB Financial Corp. (“MVB Financial”), the innovative financial holding company of MVB Bank, Inc., is publicly traded on The Nasdaq Capital Market® under the ticker “MVBF.” Since its founding in 1999, MVB Bank has evolved from a small community bank into a dynamic institution serving clients across the Mid-Atlantic and nationwide in fintech, payments, and gaming.
About BayFirst National Bank
BayFirst National Bank, recognized by Forbes as Florida’s best bank based on customer feedback, serves the Tampa Bay-Sarasota regions and businesses nationwide. With 12 full service banking centers and a nationally ranked small business lending division, BayFirst has provided over $2 billion in loans to support small businesses. The bank combines personalized service with innovative financial solutions to offer a broad range of commercial and consumer banking services to businesses and individuals.
For further information, please contact:
Patrick Roberts, Chief Revenue Officer, MountainSeed
Email: [email protected]
Phone: (404) 710-9642
Don Robinson, President, MVB Bank, Inc.
Email: [email protected]
Phone: (304) 594-3516
Scott McKim, Chief Financial Officer, BayFirst National Bank
Email: [email protected]
Phone: (727) 521-7085
Forward-Looking Statements
This press release contains certain forward-looking statements. Forward-looking statements include statements regarding anticipated future events and can be identified by the fact that they do not relate strictly to historical or current facts. They often include words such as “believe,” “expect,” “anticipate,” “estimate,” and “intend” or future or conditional verbs such as “will,” “would,” “should,” “could,” or “may.” Forward-looking statements, by their nature, are subject to risks and uncertainties. Certain factors that could cause actual results to differ materially from expected results include changes in economic conditions, changes in market interest rates, among other factors.