M&A
confidence high
sentiment positive
materiality 0.65
Bank of the James completes acquisition of Pettyjohn, Wood & White with $650M AUM
BANK OF THE JAMES FINANCIAL GROUP INC
- Acquisition of Pettyjohn, Wood & White, Inc. closed on December 31, 2021; PWW now wholly-owned subsidiary.
- PWW is a Lynchburg, VA-based SEC-registered investment advisor with over $650 million in assets under management.
- The deal was previously announced via Form 8-K on December 15, 2021; additional information will appear in the 2021 Form 10-K.