News Releases

McColl Partners Closes Financial Services Transaction

McColl Partners, LLC advised SCBT Financial Corp. (NASDAQ: SCBT), one of South Carolina's largest independent banks, on its acquisition of Murrells Inlet-based Sun Bancshares, Inc. (Pink Sheets: SNBA). Sun Bancshares is a $100 million bank holding company located in the "Grand Strand" region of coastal South Carolina. The transaction provides SCBT access to one of the most dynamic and fast-growing markets in the Southeast. Earl E. (Jack) Jackson, Richard (Dick) Vader, and John Boulware led McColl Partners' execution of this buyside transaction and were supported by Colby Schwartz and Jessica Somers.

About SCBT Financial Corp.

SCBT Financial Corporation, headquartered in Columbia, South Carolina, is a registered bank holding company incorporated under the laws of South Carolina. The Company's two subsidiary banks are South Carolina Bank and Trust, NA, the 4th largest bank headquartered in South Carolina, and South Carolina Bank and Trust of the Piedmont, NA. Serving the needs of South Carolinians for over 70 years, SCBT Financial Corporation currently operates 36 financial centers in 12 South Carolina counties and has assets of nearly $1.7 billion.

About McColl Partners, LLC

McColl Partners is an independent investment banking firm specializing in the needs of management and owners of middle-market companies.  With significant experience working with private equity groups, entrepreneurs, family-owned businesses, public companies, financial institutions, and divisions of large companies, the firm is dedicated to offering strategic advice and assistance to its clients regarding mergers and acquisitions and private capital raising assignments.

For more information about our Financial Services Group, please contact Phil Colaco or Brian Davis at (704) 333-0525.  More information about McColl Partners can be found at www.mccollpartners.com.