Hamid Namazie, Yoojin Lee and Mark Spitzer joined Holland & Knight’s financial services practice group as partners. They will also be members of the firm’s asset-based lending team.
VSS Capital Partners made a growth capital investment in Olympus Cosmetic Group, a newly formed platform providing comprehensive cosmetic surgery, dermatological treatments and non-surgical cosmetic procedures.
Contango ORE entered into a credit and guaranty agreement with ING Capital and Macquarie Bank for a senior secured loan facility of up to $70 million to fund a portion of the pre-production construction and working capital/operating expenditures for the Manh Choh gold project in Alaska.
Summit Financial Group and PSB Holding Corp. signed a definitive merger agreement. PSB’s bank subsidiary, Provident State Bank, will be merged with Summit’s bank subsidiary, Summit Community Bank.
Washington Federal and Luther Burbank signed a definitive merger agreement pursuant to which Washington Federal will acquire Luther Burbank and its wholly-owned subsidiary, Luther Burbank Savings, in an all-stock transaction valued at approximately $654 million.
Wade Kennedy, a lawyer who focuses on asset-based lending and syndicated financings, has joined Holland & Knight as a partner in the firm’s Chicago office. He will be co-chair of the firm’s asset-based lending team along with Christopher Dillon in Atlanta.
Fifth Third and Siguler Guff Support Endeavor Fire Protection’s Acquisition of Allegiant Fire Protection
Endeavor Fire Protection, a platform company of the investment firm Building Industry Partners, has acquired Allegiant Fire Protection. Endeavor is a contractor for a wide array of fire protection and safety needs.
Recreational Realty secured a syndicated revolving credit facility led by Truist Securities and Citizens Bank that allows the company to borrow up to $300 million, assuming certain conditions are met.
Regions Financial, the parent company of Regions Bank, entered into a definitive agreement to acquire Clearsight Advisors, a mergers and acquisitions firm. Regions Financial plans to incorporate Clearsight Advisors into Regions Bank’s capital markets division.
Plains All American Pipeline and Plains GP Holdings renewed and extended its two credit facilities, which have a combined valued of $2.7 billion. Bank of America led the funding for the facilities as administrative agent.