Dealmakers: Michael Mitrione, David Scileppi and Marybeth Bosko
The Deal: The Gunster attorneys represented 1st United Bancorp in helping the Boca Raton-based parent of 1st United Bank complete an $80.5 million public offering of common stock.
Details: “Obviously, in the banking environment right now, it’s very hard to raise capital, ” Scileppi said. “It’s one of the first IPOs for a bank, we believe, in about two years in the country. The industry itself has had such a long run of abad news that this is a great story of a bank that has actually been kept clean with a good loan portfolio.”
