Thread Bancorp, Inc.
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Thread Bancorp, Inc. - overview
Established
1906
Location
-, TN, US
Primary Industry
Financial Services
About
Based in Tennessee, US, and founded in 1906, Volunteer Bancorp Inc. provides a variety of retail banking services. It operates as the bank holding company for The Citizens Bank of East. In May 2021, the firm concluded an offering of common stock and a newly issued Series of non-voting common stock for gross proceeds of approximately $47 million.
The company offers a wide range of retail banking products and services such as loans, deposits, and many others. The firm deposits product range includes demand, savings, and time deposits. Additionally, the company also provides a variety of loans including real estate loans, commercial real estate loans, residential properties loans, other real estate loans, commercial and industrial loans, consumer loans, and many more.
Current Investors
Patriot Financial Partners, Hermann Companies Inc.
Primary Industry
Financial Services
Sub Industries
Retail Banks
Company Stage
Mature
Total Amount Raised
Subscriber access only
Thread Bancorp, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Recapitalisation | Completed | Thread Bancorp, Inc. | - |
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Thread Bancorp, Inc. - employee data
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