Squire Patton Boggs advised United Community Banks, Inc. on its agreement to sell its equipment finance business, consisting of Navitas Credit Corp. and NLFC Reinsurance Corp., (collectively, Navitas) to funds managed by Wafra Inc., for $1.9 billion in cash.
The Squire Patton Boggs team was led by partner Alison LaBruyere and included Samantha Caspar, Caroline Long, Pat Burke, Katie Wechsler, Brad Thompson and Itzel Vazquez Mora (Financial Services), Doug Anderson (Regulatory), Mitch Thompson, Carl Draucker, Caitlin Steiner and Sierra Williams (Tax), Stacy Krumin and Scott Thomas (Real Estate), Chris Gordon and Peter Alfano (Antitrust), Meghan Hill (L&E), Glenn Brown (Privacy), and Chris Adams (IP).
Learn more about the transaction here.