OneWest Bank Group LLC

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OneWest Bank Group LLC - overview

Established

2009

Location

Pasadena, CA, US

Primary Industry

Financial Services

About

Based in California, US, and founded in 2009, OneWest Bank Group LLC, f. k. a. IndyMac Federal Bank FBS, a.


k. a. OWB Group operates as a regional savings and loan bank that offers deposit and lending solutions for consumers and small businesses. In 2009, Dune Capital Management LP, JC Flowers & Co, Lion Cao Asset Management, MSD Capital, Paulson & Co.


, SILAR, Soros Fund Management, and Stone Point Capital fully acquired IndyMac Federal Bank from the Federal Deposit Insurance Corporation (FDIC). The company was re-branded as OneWest Bank Group LLC. The company operates as a subsidiary of CIT Group and a division of CIT Bank. The company provides SBA 7(a), SBA 504, and owner-occupied commercial real estate loans for the purchase or refinancing of owner-occupied commercial real estate, acquisitions, refinancing of equipment, business expansions, and debt consolidations.


Primary Industry

Financial Services

Sub Industries

Commercial Banks, Consumer Finance

Verticals

FinTech, FinTech, FinTech

Company Stage

Acquired

Total Amount Raised

Subscriber access only

OneWest Bank Group LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedOneWest Bank Group LLC-
BuyoutCompletedOneWest Bank Group LLC-

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