July 14, 2021Bankruptcy Slowdown Prompts Lawyers to Pivot to Transactions and Litigation
July 16, 2021
A deal team of Ben Barnhill, Gary Brown, Neil Grayson, Lee Kiser, Mark Miller, and Troy Varrasse is advising United Community Banks, Inc. (United) in its acquisition of Reliant Bancorp, Inc. (Reliant), and it's wholly-owned subsidiary, Reliant Bank.
The two companies announced the definitive merger agreement on July 14, 2021, which is an all-stock transaction with an aggregate value of $517 million. As a highly regarded, high-performing bank, Reliant's merger with United will position the company well for future growth in Tennessee.
United Community Bank, United's wholly-owned bank subsidiary, specializes in personalized community banking services for individuals, small businesses, and companies throughout its geographic footprint.
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