Gregory K. Bader, leader of Gunster's banking and financial services law practice, and Thomas A. Hickey, a corporate attorney focusing his practice on executive compensation matters, were profiled in a recent Dealmakers column in the Daily Business Review.
The spotlighted deal was the sale of Gateway Financial Holdings of Florida to CenterState Banks of Florida, a community bank with $5 billion in assets. The combined company will have approximately $6.5 billion in assets, according to the DBR article.
Bader and Hickey represented Gateway, based in Daytona Beach, and its subsidiary banks in the $160 million merger, which closed earlier this year.
Making negotiations and contractual considerations tricky was the fact that, on Gateway's side, it included three subsidiary banks, each with its own CEO responsible for different regions throughout Florida. Due to the complexity of the acquisition, including Hickey, with his vast executive compensation experience, made a lot of sense.
Read the entire profile: Gunster partners lead $160M Gateway sale to CenterState Banks (Daily Business Review, 8/15/17)
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For more articles including quotes from Gunster's Greg Bader on the topic of banking in Florida, please see the print versions of these:
- As banks under pressure merge, small banks' futures murkey (Miami Today, 8/23/17)
- Big depositors get higher interest; gains don't trickle down (Miami Today, 8/23/17)
