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ATLANTA – Troutman Pepper client Atlantic Capital Bancshares, Inc. (NASDAQ: ACBI) recently announced that it has entered into a definitive agreement with SouthState Corporation (NASDAQ: SSB) following which Atlantic Capital will merge with and into SouthState in an all-stock transaction with an aggregate value of approximately $543 million. The partnership will enhance SouthState’s scale and improve market density in the Atlanta market. Read a company press release about the agreement.
Troutman Pepper counseled Atlantic Capital in the agreement. The team included James Stevens, Gabrielle Gaudet, Jeffery Banish, Constance Brewster, Peter Dragna, and Jackie Chang.
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.
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