August 14, 2014
Triumph Bancorp, Inc., through its subsidiary, THE National Bank, a full-service community bank, today announced the completion of its previously announced acquisition of the lending platform and certain assets of Doral Healthcare Finance (“DHF”).
In conjunction with the acquisition, Doral Healthcare Finance has been rebranded Triumph Healthcare Finance, effective immediately.
Triumph Healthcare Finance will continue to serve as an asset based lender, focused exclusively in the healthcare industry. All members of the DHF team have joined the Triumph Healthcare Finance team.
Triumph initially announced its agreement to acquire the asset based lender on May 15, 2014. The terms of the transaction are not being disclosed at this time.
