Pinnacle Financial Partners and Synovus Financial have agreed to combine in an all-stock transaction valued at $8.6 billion, based on the closing prices of both companies as of July 21, 2025.
As stated by the merging companies, the transaction will create the highest-performing regional bank focused on the fastest-growth markets in the U.S. Southeast. The combined company will operate under the Pinnacle Financial Partners and Pinnacle Bank name and brand.
Headquartered in Nashville, Tennessee, Pinnacle Financial provides a full range of banking, investment, trust, mortgage and insurance products and services. Based in Columbus, Georgia, Synovus provides commercial and consumer banking and a full suite of specialized products and services, including wealth services, treasury management, mortgage services, premium finance, asset-based lending, structured lending, capital markets and international banking.
The S&C team advising Pinnacle Financial is led by Rodge Cohen, Mitch Eitel, Patrick Lynch and Yesenia Arroyo. Eric Wang is advising on tax matters. Mehdi Ansari is advising on intellectual property matters. Marc Treviño, Kristen Klein and Julia Paranyuk are advising on executive compensation matters.