Valley National Bancorp Acquires Dudley Ventures and its Affiliates
NEW YORK, Oct. 13, 2021 (GLOBE NEWSWIRE) -- Valley National Bancorp ("Valley") (NASDAQ:VLY) announced today that it is has acquired Arizona-based Dudley Ventures, an advisory firm specializing in the investment and management of tax credits. Over its greater than 20-year history, Dudley Ventures and its affiliates have invested over $2 billion in tax credit transactions, leading to deep community impact. The transaction includes the acquisition of Dudley Ventures' entities DV Community Investment, DV Fund Advisors and Dudley Ventures Advisory Services. "We're excited to partner with Dudley Ventures and support their mission of renewing and revitalizing economically distressed communities