Wintrust’s Acquisition of Milwaukee, Wis. branch of Pyramax Bank, FSB.


Edelman & Co., Ltd. served as financial adviser and Quarles & Brady LLP served as legal counsel for PyraMax Bank. Schiff Hardin LLP served as legal counsel to Wintrust.

Wintrust Financial Corporation (Nasdaq: WTFC) executed the acquisition, through its wholly-owned subsidiary Town Bank, of a Milwaukee, Wisconsin branch of PyraMax Bank, FSB. Through this transaction, subject to final adjustments, Town Bank acquired approximately $5 million of deposits, the bank facility and property located at 1605 W. Mitchell Street in Milwaukee, and various other assets.

Wintrust is a financial holding company with assets of approximately $30 billion whose common stock is traded on the NASDAQ Global Select Market. Built on the “HAVE IT ALL” model, Wintrust offers sophisticated technology and resources of a large bank while focusing on providing service-based community banking to each and every customer.

Schiff Hardin advised Wintrust with a team including Matt Galo (Picture), Nick Tipsord, Carly Weiss, and Rebecka Manis, with Bob Pluth (Tax), David Sattelberger, Kaitlin Riley Duran, and Emma Gormley (Real Estate), David Loring (Environmental), and Kevin Meil (Benefits).

Involved fees earner: Matthew Galo – Schiff Hardin LLP; Emma Gormley – Schiff Hardin LLP; David Loring – Schiff Hardin LLP; Rebecka Manis – Schiff Hardin LLP; Kevin Meil – Schiff Hardin LLP; Robert Pluth Jr. – Schiff Hardin LLP; Kaitlin Riley Duran – Schiff Hardin LLP; David Sattelberger – Schiff Hardin LLP; Nicholas Tipsord – Schiff Hardin LLP; Carly Weiss – Schiff Hardin LLP;

Law Firms: Schiff Hardin LLP;

Clients: Wintrust Financial Corp;

Print Friendly, PDF & Email
Avatar

Author: Ambrogio Visconti