ClosedPublished 3 Oct 2022

MVB Financial Corp. /
Warp Speed Holdings LLC

MVB Financial Corp. takes a 37.5% stake in Warp Speed Holdings LLC

Valuation
$48m
Stage
Closed
Source · 3 Oct 2022
01 / BuyerMVB Financial Corp.
02 / TargetWarp Speed Holdings LLC
01

What happened

MVB Financial Corp. completed its purchase of a 37.5% interest in Warp Speed Holdings LLC. The transaction was valued at $48 million, comprising $38.4 million in cash and $9.6 million in MVB common stock.

Warp Speed Holdings LLC serves as a holding company for businesses focused on loan origination and servicing, insurance brokerage and data analytics.

02

The source

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01
Source · Source

MVB Financial Corp. takes a 37.5% stake in Warp Speed Holdings LLC

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03

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