Cadence Bancorp LLC

Cadence Bancorp LLC

Industry: Financial Services

Investment Date: July 2010

Headquarters: Houston, TX


Cadence Bancorp (“Cadence”) is a bank holding company headquartered in Houston, established to acquire and operate failed or distressed U.S. banks.  Cadence completed its capital raise with $1.0 billion of committed equity capital.  Cadence acquired Cadence Financial in March 2011 and Superior Bank in April 2011.  These two entities were merged in November 2011 and the combined bank was rebranded Cadence Bancorp.  Cadence subsequently acquired Encore Bank in July 2012.  Cadence currently has $9.4 billion in assets and a branch footprint that stretches across five states.