PacWest Bancorp Overview
- Year Founded
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1982
- Status
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Acquired/Merged
- Employees
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2,482
- Latest Deal Type
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M&A
- Financing Rounds
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9
- Investments
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26
PacWest Bancorp General Information
Description
PacWest Bancorp is a bank holding company with one wholly-owned banking subsidiary, Pacific Western Bank. The bank has tens of full-service branches mostly located throughout California. The bank provides commercial banking services, including real estate, construction, and commercial loans, as well as comprehensive deposit and treasury management services, to small and midsize businesses. The Bank also provides venture banking products including a comprehensive suite of financial services focused on entrepreneurial and venture-backed businesses. The vast majority of the bank's net revenue comes from net interest income.
Contact Information
Website
www.pacwestbancorp.comCorporate Office
- 9701 Wilshire Boulevard
- Suite 700
- Beverly Hills, CA 90212
- United States
Corporate Office
- 9701 Wilshire Boulevard
- Suite 700
- Beverly Hills, CA 90212
- United States
PacWest Bancorp Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
PacWest Bancorp Comparisons
Industry
Financing
Details
PacWest Bancorp Competitors (2)
One of PacWest Bancorp’s 2 competitors is Mechanics Bank, a Private Equity-Backed company based in Walnut Creek, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Mechanics Bank | Private Equity-Backed | Walnut Creek, CA | ||||
| Pan American Bank & Trust | Corporation | Melrose Park, IL |
PacWest Bancorp Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
PacWest Bancorp Former Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
PacWest Bancorp Investments & Acquisitions (26)
PacWest Bancorp’s most recent deal was a Later Stage VC with Crowdbotics for . The deal was made on 25-Jan-2023.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Crowdbotics | 25-Jan-2023 | Later Stage VC | Software Development Applications | ||
| CU Bancorp | 20-Oct-2017 | Merger/Acquisition | Regional Banks | ||
| Broadway Financial | 30-Jun-2017 | Secondary Transaction - Private | Holding Companies | ||
| Square 1 Bank | 06-Oct-2015 | Merger/Acquisition | Regional Banks | ||
| CapitalSource | 14-Jan-2014 | Merger/Acquisition | Specialized Finance |
PacWest Bancorp Exits (5)
PacWest Bancorp’s most recent exit was on 01-Aug-2012 from American Perspective Bank. The exit was categorized as .
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| American Perspective Bank | 01-Aug-2012 | Completed |
|
||
| Celtic Capital | 03-Apr-2012 | Completed |
|
||
| Pacific Western Equipment Finance | 03-Jan-2012 | Completed |
|
||
| Harbor National Bank | 16-Mar-2004 | Completed |
|
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| First Charter Bank | 02-Oct-2001 | Buyout/LBO | Completed |
|
PacWest Bancorp Affiliates
Subsidiaries (2)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| First Community Bancorp | Carlsbad, CA | 2018 | |
| Pacific Western Bank | Beverly Hills, CA | 1982 |
PacWest Bancorp FAQs
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When was PacWest Bancorp founded?
PacWest Bancorp was founded in 1982.
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Where is PacWest Bancorp headquartered?
PacWest Bancorp is headquartered in Beverly Hills, CA.
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What is the size of PacWest Bancorp?
PacWest Bancorp has 2,482 total employees.
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What industry is PacWest Bancorp in?
PacWest Bancorp’s primary industry is Regional Banks.
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Is PacWest Bancorp a private or public company?
PacWest Bancorp is a Private company.
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What is the current valuation of PacWest Bancorp?
The current valuation of PacWest Bancorp is .
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What is PacWest Bancorp’s current revenue?
The current revenue for PacWest Bancorp is .
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How much funding has PacWest Bancorp raised over time?
PacWest Bancorp has raised $334M.
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Who are PacWest Bancorp’s investors?
CapGen Financial Group, Castle Creek Capital, and Highfields Capital Management have invested in PacWest Bancorp.
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Who are PacWest Bancorp’s competitors?
Mechanics Bank and Pan American Bank & Trust are competitors of PacWest Bancorp.
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When was PacWest Bancorp acquired?
PacWest Bancorp was acquired on 30-Nov-2023.
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Who acquired PacWest Bancorp?
PacWest Bancorp was acquired by Banc of California.
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