Bridgewater Bancshares Inc., the Minnesota-based holding company for Bridgewater Bank, completed a $15M private equity investment from Castle Creek Capital.
The company intends to use the funds for strategic growth purposes which may include both organic and acquisition opportunities.
Led by Chairman and Chief Executive Officer Jerry Baack, Bridgewater Bank is a full service bank committed to serving the needs of real estate investors and small business entrepreneurs offering a full range of commercial lending products; cash management options; commercial and consumer deposit accounts.
The bank has an asset size of over $800m and four Minnesota-based branches in Minneapolis, Saint Louis Park, Greenwood, and Bloomington.
FinSMEs
08/09/2015