First Foundation Completes Merger With Pacific Rim Bank
Stradling client First Foundation Inc. completed the merger transaction of Pacific Rim Bank with and into First Foundation Bank, a wholly owned subsidiary of First Foundation Inc. Pacific Rim Bank will assume the First Foundation Bank name. FFI is now a financial services firm spanning eight geographic regions in Hawaii, California, and Nevada.
Stradling’s banking and financial services team, led by Ben Frydman, represented First Foundation Bank on the deal.