StoneCastle Cash Management, LLC

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StoneCastle Cash Management, LLC - overview

Established

2009

Location

New York, NY, US

Primary Industry

Financial Services

About

StoneCastle Cash Management is a financial services firm dedicated to empowering community banks through innovative solutions. They focus on operational efficiency and enhancing access to capital within the banking sector. StoneCastle Cash Management, founded in 2009 by its CEO Joshua S. Siegel, is based in New York, US, and specializes in financial services for community banks.


In December 2019, ArrowMark Partners agreed to acquire StoneCastle Partners, LLC from Charlesbank Capital Partners and CIBC. StoneCastle Partners specializes in providing innovative financial services tailored specifically to meet the needs of community banks. The company develops and operates a suite of products designed to enhance operational efficiency and address unmet demands in the market. Among these offerings are cash management solutions, investment advisory services, and technology-driven platforms aimed at streamlining banking operations.


StoneCastle’s products facilitate greater access to capital and financial services for community banks, thereby empowering them to serve their local markets more effectively. These solutions are made available to banks primarily in the United States, with a focus on regions experiencing growth in community banking activities. Revenue generation at StoneCastle Partners is structured around service agreements and partnerships with its clients, primarily community banks. The firm engages in business transactions through subscription-based models for its technology platforms, enabling banks to access advanced financial tools for a fixed fee.


Additionally, revenue is derived from advisory fees associated with investment services tailored to the unique needs of community banks. This model supports a steady revenue stream as community banks continue to rely on StoneCastle's expertise in navigating the complexities of the financial landscape.


Current Investors

CIBC, Charlesbank Capital Partners

Primary Industry

Financial Services

Sub Industries

BPO Services, Private Equity, Investment Banking, Brokerages

Website

www.stonecastlepartners.com

Verticals

FinTech, FinTech

Total Amount Raised

Subscriber access only

StoneCastle Cash Management, 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 SaleCompletedStoneCastle Cash Management, LLC-
GrowthCompletedStoneCastle Cash Management, LLC-
BuyoutCompletedStoneCastle Cash Management, LLC-
Unspecified ExitCompletedStoneCastle Cash Management, LLC-

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StoneCastle Cash Management, LLC - employee data

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