Transactions

FinTrust Capital Partners Has Been Acquired By United Community Banks

New York, NY, May 14, 2021 – Park Sutton Advisors, LLC (“Park Sutton Advisors”) is pleased to have represented FinTrust Capital Partners, LLC (“FinTrust”) on its announced sale to United Community Banks, Inc. (NASDAQ:UCBI) (“United”). FinTrust provides investment advisory, financial planning, and securities brokerage services to private wealth and corporate and institutional customers. The Firm has over $2 Billion in Assets Under Management and four offices across South Carolina and Georgia. United provides a full range of banking, wealth management and mortgage services for relationship-oriented consumers and business owners and has $18.6 billion in assets and 161 offices in Florida, Georgia, North Carolina, South Carolina and Tennessee along with a national SBA lending franchise and a national equipment lending subsidiary.

FinTrust’s Co-founder, Phillip Brice, stated, “As Managing Partners, Pat Sheridan, Allen Gillespie and I are truly excited and energized by the potential of this partnership with United. We thoughtfully built our firm from the ground up and as a result we have attracted high quality, dedicated employees and loyal clients who are the cornerstone of our success. It has always been our focus to provide the highest quality service to our clients. We have built a highly scalable operation and with United’s resources, capital, and commitment to the investment advisory business, we are excited about our future growth throughout the Southeast.”

Park Sutton Advisors’ Director, John Eubanks, led the assignment and stated, “It was a privilege to have worked with Pat, Philip, Allen, and Fintrust CFO, David Lewis, as they evaluated strategic options for the Firm.” He added, “They have built an impressive organization with a great team of credentialed, client-focused advisors, and I look forward to seeing their continued growth through this partnership with United.”