 |
Joele Frank represents Nashville-based Pinnacle Financial Partners as it merges with Synovus Financial (Columbus, GA) in a transaction valued at $8.6B.
The combined company will operate under the Pinnacle brand and be led by Kevin Blair, who is CEO of Synovus. Pinnacle CEO Terry Turner will take the chairman post.
“By combining Pinnacle’s operating model, which is anchored in a disciplined entrepreneurial spirit, with Synovus’ talented team and strong presence in attractive and fast-growing Southeastern markets, we will extend our legacy of building share in the most attractive markets nationally,” said Turner.
The deal, which creates an institution with more than $100B in assets, will rank as the largest bank holding company in Georgia and the No. 1 bank in Tennessee.
The transaction is expected to be completed during the first quarter of 2026.
Joele Frank, Wilkinson Brimmer Katcher’s Tim Lynch, Aura Reinhard and Haley Salas represent Pinnacle.
Interpublic posted a 5.1 percent drop in Q3 net revenues to $2.5B as CEO Philippe Krakowsky reports the final financial results of the publicly traded company.
Joele Frank handles Pine Gate Renewables as the Asheville, NC-based solar power development company declares Chapter 11 in the aftermath of Donald Trump’s cuts to wind & solar tax credits.
Stagwell CEO Mark Penn reports Q3 net revenues jumped 6 percent to $614.5M, a record performance for a non-political period. Operating income soared 45.7 percent to $60.9M.
Joele Frank works for Klöckner Pentaplast as the German maker of plastic films declares Chapter 11. A successful reorganization would slash its its corporate debt by $1.5B.
Teneo represents Metsera, the New York City biotech focused on weight-control products, which is subject to a bidding war between heavyweights Novo Nordisk and Pfizer.
