Orrick Advises Green Dot on Acquisition of Republic Bank's Tax Refund Solutions Business

May.19.2021

We advised Green Dot Corporation, a financial technology and registered bank holding company, on its definitive agreement with Republic Bank & Trust Company to purchase the assets and operations of Republic Bank's Tax Refund Solutions (TRS) business segment.

As part of the agreement, Green Dot will pay Republic Bank approximately $165 million in cash for TRS, and Republic Bank will provide transition services to Green Dot for TRS during the 2022 calendar year. The transaction is subject to customary closing conditions and is anticipated to be completed in the fourth quarter of 2021.

The Orrick team advising Green Dot on this transaction is led by Jeannie Shin and includes Bill Hughes, Thomas Joraanstad, Nicole Huang, Sean Carfi, Fallon Griffin, James Tierney, Amy Ray, Jesse Beringer, Jennifer Clarke-Smith, Haley Tynes, Eric Wall, Kimberly Loocke, Daniel Yost, Allen Babajanian, Barrie VanBrackle, Parag Patel, Joseph Urwitz, Keith Tidwell, Shannon Yavorsky, Matthew Coleman and Betsy Wang Lee.

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Jeannie J. Shin 合伙人, Mergers and Acquisitions, Technology Companies Group

旧金山

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D:+1 415 773 5719
E: [email protected]

Practice:

Mergers and Acquisitions
Technology Companies Group
China
Fintech

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Jeannie J. Shin 合伙人

旧金山

Jeannie advises private and public companies on a full range of their corporate needs, with a focus on mergers and acquisitions, joint ventures, strategic alliances, corporate restructurings and capital raising transactions. In particular, Jeannie has extensive experience with cross-border transactions. Jeannie has acted as lead M&A counsel in numerous transactions representing clients both on the sell-side and buy-side. She has extensive experience representing clients in a wide range of industries, including software, internet, life sciences, energy, semiconductors, and consumer products and retail. As a member of Orrick’s Technology Companies Group, Jeannie also represents high growth technology companies and venture capital and other investors and has extensive experience with start-up companies in their formation, debt and equity financings, private placements and general corporate counseling.