Sidley Represents Castle Creek Capital in Blue Ridge Bank’s US$150 Million Capital Raise

Sidley represented Castle Creek Capital Partners VIII L.P. in its definitive securities purchase agreement with Blue Ridge Bankshares, Inc. (NYSE American: BARBS), the holding company of Blue Ridge Bank, National Association, and BRB Financial Group, Inc. for a US$150 million capital raise. The capital raise, which will allow the bank to support additional organic growth, closed April 3, 2024.

The Sidley team was led by Vijay S. Sekhon (M&A and Private Equity) and includes Ryan M. Hicks and Victoria L. Spencer (M&A and Private Equity); and Michael D. Lewis, Matthew S. Katz, and Kyle Tillotson (Banking and Financial Services).