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First Business Financial Services in Madison, Wis., is relying on a subordinated debt sale to foot the cash portion of its pending acquisition.
August 27 -
MB Financial has agreed to buy Taylor Capital Group. The deal would create one of the largest banking companies in Chicago.
July 15 -
First Business Financial Services (FBIZ) of Madison, Wis., said Friday that it is acquiring the parent company of Alterra Bank in Leawood, Kan., for roughly $30.1 million in cash and stock.
May 23
First Business Financial Services in Madison, Wis., has
Papritz most recently served as the director of corporate development and investor relations at Taylor Capital, which was
Papritz's appointment at the $1.3 billion-asset First Business will take effect on Sept. 23.
"David's experience and expertise are an ideal fit for First Business as we focus on strategic growth opportunities that deliver long-term shareholder value while enhancing our client offerings," Corey Chambas, the chief executive at First Business, said in a news release Tuesday.
Before working at Taylor Capital, Papritz was a managing director at Raymond James, where he advised banks with assets ranging from $150 million to $20 billion.
In his new role, Papritz replaces James Ropella, who announced his retirement in February. Ropella will remain with First Financial through the end of the year, and will serve as a consultant to the bank in 2015.