South Atlantic Bank agrees to acquire Eastover Capital Management
Bitget2026/10/28 20:02- South Atlantic Bank, a South Atlantic Bancshares subsidiary, has agreed to acquire Eastover Capital Management to expand its wealth management services.
- Charlotte-based Eastover had approximately $430 million in assets under management as of September 30, 2026.
- Will Mackey will continue leading Eastover as a separate bank division, expanding across the bank's markets.
- The transaction is expected to close in the fourth quarter of 2026, subject to customary closing conditions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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