The Firm is representing IBERIABANK Corporation (NASDAQ: IBKC) in connection with its acquisition of Gibraltar Private Bank & Trust Co. in a stock transaction valued at $223 million. Completion of the acquisition is subject to customary closing conditions, including the approval of Gibraltar's shareholders and the receipt of regulatory approval, and is expected to close in the first quarter of 2018.
IBERIABANK Corporation is a regional financial holding company with offices in Louisiana, Arkansas, Tennessee, Alabama, Texas, Florida, Georgia, and South Carolina, offering commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, mortgage, and title insurance services.
The Simpson Thacher team includes Lee Meyerson, Elizabeth Cooper, Matthew Rogers and William Hong (M&A); Gregory Grogan, Alina Grinman and Jake Phillips (Executive Compensation and Employee Benefits); Jonathan Goldstein and Deborah Plum (Tax); and Mark Chorazak and Spencer Sloan (Bank Regulatory).