TriState Capital Holdings, Inc., Announces Pricing of Its Initial Public Offering

TriState Capital Holdings, Inc., Announces Pricing of Its Initial Public Offering

PITTSBURGH--(BUSINESS WIRE)-- TriState Capital Holdings, Inc. (“TriState Capital”), the holding company for TriState Capital Bank, today announced the pricing of its initial public offering of 5,700,000 shares of common stock at a price to the public of $11.50 per share, including 5,500,000 primary shares of common stock being offered by TriState Capital.

The common stock will be listed on the NASDAQ Global Select Market and is expected to begin trading on May 9, 2013, under the symbol “TSC.” The offering is expected to close on May 14, 2013. To commemorate the first day of trading, TriState Capital’s founders are expected to ring the Opening Bell at the NASDAQ MarketSite in New York City on Thursday, May 9th.

The underwriters have a 30-day option to purchase up to an additional 855,000 shares from TriState Capital at the initial public offering price less the underwriting discount to cover over-allotments, if any.

Stephens Inc., Keefe, Bruyette & Woods, A Stifel Company, and Baird are serving as joint bookrunning managers, and Macquarie Capital is serving as co-manager for the offering. The offering will be made only by means of a prospectus. Copies may be obtained from Stephens Inc., Attention: Prospectus Department, 111 Center Street, Little Rock, AR 72201, by telephone at 1-501-377-2130 or by email at prospectus@stephens.com.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission and was declared effective by the SEC on May 8, 2013.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

ABOUT TRISTATE CAPITAL:

TriState Capital Holdings, Inc., is the registered bank holding company for TriState Capital Bank, a commercial bank serving middle-market businesses, professionals and high-net-worth individuals. Headquartered in Pittsburgh, Pa., TriState Capital has representative offices in Philadelphia, Cleveland, Princeton, N.J., and New York City and serves private banking clients nationwide. Established in 2007, TriState Capital had assets of approximately $2.1 billion as of March 31, 2013. For more information, please visit www.tristatecapitalbank.com.



MEDIA:
Jack Horner
267-932-8760, ext. 302
412-600-2295 (mobile)
jack@hornercom.com
or
Mike Gross
267-932-8760, ext. 310
856-628-6169 (mobile)
mike@hornercom.com

KEYWORDS:   United States  North America  Pennsylvania

INDUSTRY KEYWORDS:

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