PacWest Bancorp Agrees to Acquire El Dorado Savings Bank for $466.7 Million

September 12, 2018

S&C represents PacWest Bancorp in its definitive agreement and plan of merger with El Dorado Savings Bank, F.S.B. whereby PacWest will acquire El Dorado in a transaction valued at approximately $466.7 million. The S&C team on the transaction was led by Patrick Brown, along with Regina Sorin and Arman Carretta. Matthew Friestedt, along with Kristen Klein and Emma Guido advised on executive compensation and benefits matters; Mark Menting advised on regulatory matters; Robert Schlein, along with Charles Cao advised on real estate matters; Matthew Brennan advised on environmental matters; and Ronald Creamer, along with Dana Brodsky advised on tax matters.