Citizens Financial Group, Inc.’s Acquisition of certain assets of Bowstring Advisors


Debevoise & Plimpton LLP acted as legal advisor to Citizens. Morris Manning & Martin, LLP acted as legal advisor to Bowstring on the transaction.

Citizens Financial Group, Inc. executed the acquisition of certain assets of Bowstring Advisors, an Atlanta-based merger and acquisition advisory firm that delivers a range of financial services to commercial and industrial clients nationwide. This transaction, which follows several other recent additions of key industry talent, products and solutions, further strengthens Citizens’ advisory capabilities.

Citizens Financial Group, Inc. is one of the nation’s oldest and largest financial institutions, with $160.5 billion in assets as of December 31, 2018. Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions.

The Debevoise team was led by partner Gregory V. Gooding and included partners Gregory J. Lyons and Michael Bolotin; counsel Charles E. Wachsstock; and associates Zain A. Kazmi, Alicia E. Lee and Meredith Wren.

Involved fees earner: Michael Bolotin – Debevoise & Plimpton; Gregory Gooding – Debevoise & Plimpton; Zain Kazmi – Debevoise & Plimpton; Alicia Lee – Debevoise & Plimpton; Gregory Lyons – Debevoise & Plimpton; Charles Wachsstock – Debevoise & Plimpton;

Law Firms: Debevoise & Plimpton;

Clients: Citizens Financial Group, Inc.;

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Author: Ambrogio Visconti