Grant Thornton Survey Finds M&A Deals and Disputes are on the Rise

A new survey on mergers and acquisitions disputes from audit, tax and advisory firm Grant Thornton revealed that dispute activity has increased along with overall deal volume.

December 8, 2023 Charles Blank | Elliot Findlay | Grant Thornton | Max Mitchell Ian Koplin

Banc of California and PacWest Bancorp Complete Merger

Banc of California completed its merger with PacWest Bancorp pursuant to which PacWest has merged into Banc of California and, as of today, Banc of California has merged into Pacific Western Bank. The combined bank will operate under the Banc of California name and brand.

December 1, 2023 Banc of California | Jared Wolff | Pacific Western Bank | PacWest Bancorp Ian Koplin

Banc of California and PacWest Bancorp Receive Stockholder Approval for Merger

Banc of California and PacWest Bancorp received the necessary stockholder approval for the proposed combination of Banc of California and PacWest at their respective special meetings of stockholders held last week.

November 27, 2023 Banc of California | Jared Wolff | PacWest Bancorp | Paul Taylor Ian Koplin

Levine Leichtman Capital Partners Sells Therapeutic Research Center to Gridiron Capital

Levine Leichtman Capital Partners (LLCP), a Los Angeles-based private equity firm, sold its portfolio company Therapeutic Research Center (TRC) to Colibri Group, a portfolio company of Gridiron Capital.

November 21, 2023 Deloitte Corporate Finance | Gridiron Capital | Kirkland & Ellis | Levine Leichtman Capital Partners V | Matthew Rich | Morgan Stanley | Therapeutic Research Center | Wes Crews | William Blair Ian Koplin

Spielman Koenigsberg & Parker to Combine with EisnerAmper

The partners and colleagues of New York-based accounting, tax and consulting firm Spielman Koenigsberg & Parker are joining EisnerAmper in a transaction expected to close in early 2024.

November 16, 2023 Allan D. Koltin | EisnerAmper | Nicholas Tsafos | Richard Koenigsberg | Spielman Koenigsberg & Parker Combines Ian Koplin

Matrix Capital Markets Group Advises Coborn’s on Sale of 14 Fuel and Convenience Store Locations

Matrix Capital Markets Group, an independent investment bank, advised Coborn’s on the sale of its 14 Holiday franchised fuel and convenience stores and one developmental site to Holiday Station stores.

November 10, 2023 Chris Coborn | Coborn’s | Dorsey & Whitney | G. Reilly Erhardt | John Underwood | Matrix Capital Markets Group | Morgan A. Helme | Nate Wah | Robert A. Rosenbaum Ian Koplin

Matrix Capital Markets Group Advises on Sale of Springer Eubank Company

Matrix Capital Markets Group advised Springer Eubank Company and its affiliates on the sale of the company’s assets, including its travel center and convenience and gas division and its delivered fuels and fuel transport divisions, to an affiliate of Petroleum Marketing Group.

November 3, 2023 Alexander Rakos | Berry Trice | David Corbett | John Mickelinc | Lauren Williams | Matrix Capital Markets Group | Murchison Taylor & Gibson | Petroleum Marketing Group | Spencer Cavalier | Springer Eubank Company | Stephen Diab Ian Koplin

Sunlight Financial to Be Acquired by Solar Industry Investors, Files for Chapter 11

Sunlight Financial Holdings will be acquired by a consortium of established investors in the solar energy industry. As part of the process, Sunlight Financial has filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code.

October 31, 2023 Alvarez & Marsal | Cross River Bank | Gotshal & Manges | Greenbacker Capital Management | Guggenheim Securities | IGS Ventures | Locke Lord | Matt Potere | Paul Weiss Rifkind Wharton & Garrison | Piper Sandler | Sunlight Financial | Sunlight Financial Holdings | Sunstone Credit | Weil Ian Koplin

Old National to Acquire CapStar Financial Holdings

Old National and CapStar Financial Holdings entered into a definitive merger agreement for Old National to acquire CapStar in an all-stock transaction. 

October 30, 2023 CapStar Financial Holdings | Dykema Gossett | Jim Ryan | Keefe Bruyette & Woods | Morgan Stanley & Co. | Old National | Timothy K. Schools | Wachtell Lipton Rosen & Katz Ian Koplin

RedRidge Diligence Services Joins IMA Financial Group

IMA Financial Group, a North American integrated financial services company, entered into a strategic partnership with Chicago-based RedRidge, expanding its suite of services for clients engaging in M&A transaction support and lender diligence.

October 26, 2023 Cory Ryan | IMA Financial Group | Jordyn Arons Rosen | RedRidge | Rob Cohen Ian Koplin