Troutman Pepper Advises Partners Bancorp in Merger Agreement with OceanFirst Financial Corp.

NEW YORK – Troutman Pepper is serving as legal counsel to Partners Bancorp (NASDAQ: PTRS) in its definitive agreement and plan of merger with OceanFirst Financial Corp. (NASDAQ:OCFC) pursuant to which Partners Bancorp will merge into OceanFirst, with OceanFirst surviving. Read a company press release about the merger agreement.

Partners Bancorp is the parent company of The Bank of Delmarva (and its division, Liberty Bell Bank), headquartered in Seaford, Delaware, and Virginia Partners Bank (and its division Maryland Partners Bank), headquartered in Fredericksburg, Virginia. OceanFirst Financial Corp. is the parent company of OceanFirst Bank N.A. The proposed acquisition of Partners Bancorp would expand OceanFirst’s footprint into Delaware, Maryland, Virginia, and the Washington D.C. metro area. 

The Troutman Pepper team advising Partners Bancorp in the merger includes Seth Winter, Jacob Lutz, Greg Parisi, Zayne Tweed, Adrianna ScheerCook, Jason Langford, Lynda Crouse, Constance Brewster, Christopher Stock, Marcelo Roman, Mark Goldsmith, Joel Post, and David Constine.

Troutman Pepper has more than 200 attorneys who regularly advise financial services providers, including banks, neobanks, payment processors, card issuers, and consumer and commercial marketplace lenders. Troutman Pepper handles their full spectrum of legal needs and has been nationally recognized for its work in the financial services industry, including by Chambers and Partners, U.S. News – Best Lawyers® and Law360, among others.

About Troutman Pepper
Troutman Pepper is a national law firm with more than 1,200 attorneys strategically located in 23 U.S. cities. The firm’s litigation, transactional, and regulatory practices advise a diverse client base, from start-ups to multinational enterprises. The firm provides sophisticated legal solutions to clients’ most pressing business challenges, with depth across industry sectors, including construction, energy, finance, health sciences, insurance, private equity, real estate, and technology, among others. Learn more at troutman.com.