Patriot Financial Partners, L.P. is a private equity firm focused on investing in community banks, thrifts and financial service related companies throughout the United States.
Patriot's objective is to provide superior risk-adjusted returns by applying a hands-on, value-added investment model to non-control investments within the community banking sector, which consists of more than 1,000 public and privately-held depository institutions that have between $500 million and $5 billion of assets.
Portfolio companies must have strong management teams with successful track records. Patriot is looking for banks with demonstrated growth in assets, loans and core deposits; a strong credit culture, growth in net income and acceptable levels of capital. Typically, as banks grow, their financial performance improves due to economies of scale. Therefore, the fund is designed to provide growth capital to companies allowing them to grow and achieve top quartile peer level financial performance, thereby enhancing shareholder value.
The Partners' extensive operating backgrounds in the bank and thrift industry will provide value added knowledge to patriot's company's executives and boards of directors. In addition, Patriot has formed an industry advisory board to provide additional expertise to portfolio company management to help prioritize key business initiatives and implement "best practices" to maximize individual company franchise growth.