Simpson Thacher & Bartlett advised Israel Discount Bank Ltd. in its sale of an approximately 15% equity stake in Discount Bancorp Inc. to Gallatin Point Capital in exchange for a $150 million investment. The Simpson Thacher team included partners Sven Mickisch, Brian Christiansen, Matthew Nemeroff and Tim Gaffney. Gallatin Point Capital was advised by a Davis Polk & Wardwell team led by partners Harold Birnbaum and Eric McLaughlin.
Banking & Financial Services
August 16, 2024, 4:06 PM