Investment: CommunityOne Bank
Lead Sponsors: Carlyle Financial Service Partners & Oak Hill Capital
Initial Investment: 2011
Investment Vehicle: Fund I
Before being acquired by Capital Bank Financial, CommunityOne Bank was an Asheboro, N.C.-based community bank which operated branches throughout central, southern and western North Carolina. CommunityOne offered a wide variety of consumer, mortgage and commercial banking services to retail and business customers, including loans, deposits, cash management, wealth management and online banking.