Company
Eldorado Bancshares is a leading community bank located in Southern California. The bank, with assets of $1.3 billion, grew through a consolidation strategy led by the management of a previous Northwood portfolio company.
Location
Laguna Hills, CA
Sector
Manufacturing/Other
Position
Realized
Transaction
Northwood invested in 1995, before Eldorado identified its first acquisition, as well as in all subsequent rounds of financing. Eldorado completed a $25 million initial public offering in April 1999. The bank was sold for stock in 2001 to the California Bank & Trust division of publicly traded Zions Bancorporation. calbanktrust.com