The Weekend #184—Greg Kidd finalizes bank investment

In a deal worth $53 million

Hard Yaka founding partner Greg Kidd has finalized his personal investment in Tulsa-based Vast Bank for $53 million.

The deal makes Greg the largest single shareholder in the bank’s holding company, Vast Holdings Inc., followed by the Biolchini family.

Here’s Tulsa World:

“Mr. Kidd and his team are impressed with Tulsa, its entrepreneurial spirit and willingness to invest in itself as a city,” Tom Biolchini, who had served as CEO of Vast Bank, said in a press release. “Mr. Kidd’s team brings significant banking and financial regulatory expertise to Vast, and they are aligned with the Biolchini family’s desire and vision to continue building Tulsa’s future and taking care of our community by offering relationship-based services.”

…

“Vast Bank and the Biolchini family have earned a strong reputation for innovative, superior service in support of entrepreneurial businesses in Tulsa and across the country,” Kidd said. “With this investment, I look forward to my team working with the bank’s strong leadership in making Vast Bank an even better and more accessible financial institution.”