Carlyle Group, Stephens Group and Nonami Investments have invested $200 million of capital in Brand Banking, a unit of Brand Group Holdings. The investors have provided an initial $125 million and will give the remaining $75 million at a later date.

The proceeds are expected to be used to strengthen Brand Bank’s balance sheet. The initial $125 million will be used by the Georgia-based bank to boost its current offerings and expand into new banking services.

Click here for the release from PR Newswire.