United Community Banks Acquires Palmetto Bancshares
Troutman Sanders was mentioned in a September 3 MarketLine article about United Community Banks completing its acquisition of Palmetto Bancshares. The deal was originally announced in April. Troutman Sanders served as United’s legal counsel in connection with the $260 million transaction and a related $85 million note offering by United.
Atlanta partner James Stevens and associate Brendan Thomas led the transactions.