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05.14.2019 Firm News

Williams Mullen Represents Blue Ridge Bankshares Inc. in Acquisition of Virginia Community Bankshares Inc.

On May 14, 2019, Blue Ridge Bankshares Inc., the parent company of Blue Ridge Bank, announced it had agreed to acquire Virginia Community Bankshares Inc. and its subsidiary, Virginia Community Bank. The deal is valued at approximately $42 million and will expand Blue Ridge’s presence in Central Virginia with the addition of seven Virginia Community Bank branches.

Williams Mullen’s Scott Richter, Ben McCall and Lee Lester are representing Blue Ridge in the transaction, which is expected to close in the fourth quarter of 2019.

To read a press release announcing the deal, click here.