avril 19 2021

Mayer Brown represents Marlin Business Services in sale to affiliates of HPS Investment Partners

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Mayer Brown represented Marlin Business Services Corp., a NASDAQ-listed nationwide provider in the US of capital solutions to small businesses, in its sale to funds managed by HPS Investment Partners LLC for $23.50 per share.

The closing of the transaction is subject to various customary closing conditions, including regulatory and shareholder approvals, as well as the condition that Marlin Business Bank, a subsidiary of Marlin, effect a “de-banking” and cease operations as a bank.

The Mayer Brown team was led by Corporate & Securities partner Bill Kucera and associate Ryan Ferris (both Chicago) and included: Financial Services Regulatory & Enforcement – partner Jeffrey Taft (Washington DC); Banking & Finance – partner Barbara Goodstein (New York); Employment & Benefits – partner Stephanie Vasconcellos; Litigation & Dispute Resolution – counsel Maritoni Kane (both Chicago) and Meytal McCoy (Washington DC); Intellectual Property – partner Rich Assmus (Chicago) and associate Tiffany Brown (Los Angeles); Corporate & Securities – partners Lei Shen, Larry Hamilton and Bruce Perce and associates Mark Dunham, Laura McKenzie, Maya Rahwanji (all Chicago) and David Heales; Tax Transactions & Consulting – partner Jason Bazar and associate Stephanie Wood (all New York); and Real Estate Markets – partner David Saye and counsel Philip Runkel (both Charlotte).

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