Press Release February 9, 2023

Vista Bancshares to Acquire Charis Holdings

Alston & Bird client Charis Holdings, the holding company for Charis Bank, has entered into a definitive agreement to be acquired by Vista Bancshares, the holding company for Vista Bank.

Vista will acquire $258 million in total assets from Charis’s North Texas locations, expanding its footprint to more small- and middle-market companies.

The transaction is expected to close in the second quarter of 2023.

Representing Charis Holdings is an Alston & Bird team led by partners Patrick Hanchey and Sandy Brown, senior associate J.P. Mahoney, and associate Janelle Owusu (Financial Services & Products); partner Blake MacKay, counsel Kerry Wenzel, and senior associate Meredith Gage (Employee Benefits & Executive Compensation); partner Brian Harvel and senior associate Ryan Wheeler (Federal & International Tax); and partner Brett Coburn (Labor & Employment).

Media Contact
Alex Wolfe
Communications Director

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