Freed from an enforcement order that led it to sharply reduce its assets, Guaranty Bancorp (GBNK) in Denver is now turning its attention to growth.

The $1.7 billion-asset company announced Monday that it is buying Private Capital Management, a Denver-based wealth management firm that serves affluent individuals and families throughout the U.S. The wealth firm would operate as a subsidiary of Guaranty and would retain its headquarters, staff and management team. The companies did not disclose a sale price.

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