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Baton Rouge-based b1Bank acquires this Texas SBA loan provider

Por: The Advocate Business February 01, 2024

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Baton Rouge-based b1Bank has acquired Waterstone LSP, a U.S. Small Business Administration loan management firm headquartered in Katy, Texas.Terms of the deal, which was announced Thursday, were not disclosed.Waterstone will operate as a subsidiary, and its management will report to b1Bank Chief Administrative Officer Jerry Vascocu. All Waterstone employees will remain in their current roles, b1Bank officials said. Waterstone was founded in 2012... + full article



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