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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.
Prosek Partners represents Nuveen as it acquires London-based Schroders, which relies on Brunswick Group for PR counsel, in a $13.5B deal.
Qualcomm has recruited Brett Simpson for the senior VP-IR slot at the San Diego-based wireless technology company.
Reevemark handles Eddie Bauer LLC as the retailer inks a Chapter 11 restructuring pact that has it conducting liquidation sales at its US and Canadian stores while working to find a buyer for either all of or part of the chain.
Prosek Partners hires FTI Consulting vet David Roady to build and deepen its relationships in the corporate sector, particularly with chief communications officers and C-suite executives.
Kekst CNC handles Crestview Partners as the private equity firm acquires Tailwind Hospitality, operator of food, beverage and retail concessions in non-hub and regional airports, from Palladin Consumer Retail Partners.
