Tri-River Capital Represents the H-Group in the Acquisition of Heritage Bancshares

New York, NY (PRWEB) August 4, 2004

Tri-River Capital, a NY investment banking firm, represented the H-Group, Inc. in the acquisition of Heritage Bancshares, Inc. The H-Group is a Dallas based company organized for the purpose of acquiring Heritage, a Terrell, TX based thrift holding company. At closing Heritage had assets in excess of $50 million.

Jim Dondero, one of the H-Group’s organizers, described what happened, “we wanted to buy a Dallas area bank and spent several months trying to locate candidates on our own. I mentioned our goals to Tri-River. In a matter of days they identified several acquisition candidates that matched our strategic criteria, including Heritage. We met the Heritage team and decided they were the right candidate for us. Tri-River helped us throughout the negotiations, and they served as an important communicator to both sides during the process. They were integral to the closing of the acquisition”.

About Tri-River Capital

Tri-River Capital dates back to 1988 and provides merger and acquisition advisory services, arranges private capital financings, and renders fairness opinions and valuations to middle market companies with an emphasis on financial services companies. For more details about Tri-River, visit our corporate website at http://www.Tri-RiverCapital.com or call (212) 581-5777.

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