Simpson Thacher represented The Carlyle Group (“Carlyle”) in its investment in the common stock of Brand Group Holdings, Inc. (“Brand”). Carlyle and two other anchor investors, the Stephens Group, LLC and Nonami LLC, as well as various individual investors, invested as part of a $200 million capital raise by Brand. The transaction closed on April 29, 2011.
Brand is the $1.2 billion bank holding company for the Brand Bank, a full service bank serving individuals and businesses in Gwinnett County, Georgia and the North Metro Atlanta area. In addition to operating branches in Lawrenceville, Grayson, Snellville, Flowery Branch, Buford and Duluth, Georgia, Brand Bank has a loan production office in the Buckhead area of Atlanta, and mortgage offices throughout Georgia, Alabama and Tennessee.
The Simpson Thacher team for the transaction included Maripat Alpuche, Amie Siebert and Qinghong Cai (M&A); Gary Rice and Mark Chorazak (Bank Regulatory); Jennifer Pepin (Executive Compensation and Employee Benefits); and Gary Mandel, Jon Goldstein and Drew Purcell (Tax). Paralegal Christine Lawton also provided assistance.