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Pacific Premier Bancorp, Inc. Announces Completion of Acquisition of Grandpoint Capital, Inc.


IRVINE, Calif.--(BUSINESS WIRE)-- Pacific Premier Bancorp, Inc. (NASDAQ: PPBI) (the "Company"), the holding company of Pacific Premier Bank (the "Bank"), announced today that it has completed the acquisition, effective as of July 1, 2018, of Grandpoint Capital, Inc. (OTC Market Group Pink Sheets: GPNC) ("Grandpoint"), the holding company of Grandpoint Bank, a California-chartered banking corporation headquartered in Los Angeles, California.

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