Belvedere Capital and Belvedere SoCal Complete Acquisition of Spectrum Bank.

Business Wire | February 1, 2008 | Copyright

SAN FRANCISCO -- Belvedere Capital Fund II L.P., a financial services-focused private equity firm, and Belvedere SoCal jointly announced the completion of the acquisition of Spectrum Bank at the closing of the business day on Thursday, January 31, 2008. Spectrum Bank is now a wholly-owned subsidiary of Belvedere SoCal, a new holding company created by Belvedere Capital to build Southern California's leading small business-focused community bank. Belvedere SoCal is also the holding company for Professional Business Bank.

The acquisition of Spectrum Bank adds three ...

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