PALO ALTO, Calif.--(BUSINESS WIRE)--
Avidbank announced today that Bob D’Acquisto has joined Avidbank
Corporate Finance, the Bank’s asset-based lending group, as Senior Vice
President.
Bob D’Acquisto brings over 15 years of finance, technology and
sales/business development experience to Avidbank. Previously, Mr.
D’Acquisto was a founder and Managing Director of Snowbird Capital, a
private equity mezzanine fund, and was Vice President with First
Capital, an asset-based lending finance company. Mr. D’Acquisto has also
founded and worked with early and late-stage technology software
companies.
“While we continue to focus on our core clients, Corporate Finance is a
major component of our Bank’s ongoing strategy to build a diverse
business platform. Bob’s talents compliment those of the team we have
built over the past few years,” stated Mark
D. Mordell, Chairman of the Board. “With this enhanced
collaboration, I believe we can look forward to continued growth in that
market.”
“Bob is a valuable addition to our Bank as we expand our efforts in the
corporate finance sector,” said Kenneth
D. Brenner, President and Chief Executive Officer. “His experience
and knowledge are a perfect fit for Avidbank.”
“I’m delighted to be a part of the team at Avidbank Corporate Finance,”
added Mr. D’Acquisto. “I look forward to becoming a strategic partner
with new clients to help them fund their future growth.”
Mr. D’Acquisto is an active member in Association for Corporate Growth,
Turnaround Management Association, and Commercial Finance Association
and was a past Board Member of the Entrepreneurs Organization, Silicon
Valley Chapter, and holds a Bachelor of Science degree from Santa Clara
University.
About Avidbank
Our goal at Avidbank is to advance our clients’ success by offering
innovative financial solutions and service. Our exceptional people
provide a unique and individualized banking experience based on mutual
effort, ingenuity and trust, creating long-term banking relationships.
Avidbank specializes in the following markets: commercial and
industrial, corporate finance, technology and asset-based lending, real
estate construction, commercial real estate lending and real estate
bridge financing.
Source: Avidbank
Contact:
Avidbank
Steve
Leen, 650-843-2204
Chief Financial Officer