Ravi Purushotham

Ravi Purushotham is a Partner in the Firm’s Financial Institutions Practice. Ravi focuses on advising banks, investment firms and public and private companies in a broad range of complex transactions in the financial services industry, such as public and private mergers and acquisitions, spin-offs, investments and joint ventures. He also regularly advises clients on governance and regulatory matters and special committee matters. Ravi was named “Financial Services Dealmaker of the Year” at The Deal Awards in 2022 and was recognized as an “MVP” in Banking by Law360 in 2023.

Ravi’s recent matters have included:

• Bayview in its approximately $1.3 billion agreement to acquire Guild Holdings
• TD Bank in multiple transactions including its $13.4 billion acquisition of First Horizon (terminated), $1.3 billion acquisition of Cowen, sale of Cowen’s legacy prime brokerage and outsourced trading business to Marex Group, $26 billion sale of its affiliate TD Ameritrade to Schwab and $14.4 billion sale of Schwab stock
• EverBank in its $261 million acquisition of Sterling Bank & Trust from Sterling Bancorp and its acquisition of the Life Premium Finance division from Primis Bank
• Sixth Street in its consortium acquisition of the GreenSky lending and servicing platform and associated loan assets from Goldman Sachs and in its acquisition of the SPS Residential Mortgage Servicing business from UBS/Credit Suisse
• Carlyle in its acquisitions of The Hilb Group and Medline, Carlyle in its minority investment in CAPTRUST and Carlyle and Sedgwick in their acquisition of York Risk Services and the legal spend management (LSM) division of Bottomline Technologies
• BTG Pactual in its entry into the U.S. banking market through its proposed acquisition of M.Y. Safra Bank
• U.S. Bank in its $8 billion acquisition of Union Bank from MUFG, and related carve-out of assets remaining with MUFG
• TransUnion in its $3.1 billion acquisition of Neustar and $515 million acquisition of the financial services division of Verisk Analytics
• Computershare in its acquisition of the Corporate Trust Business from Wells Fargo for $750 million
• Vroom in its $300 million acquisition of United Auto Credit Corporation
• Bread in its $450 million sale to Alliance Data (now known as Bread Financial)
• NewStar Financial in its acquisition by First Eagle Investment Management and concurrent $2.4 billion sale of assets to an investment fund sponsored by GSO Capital Partners LP
• J.C. Flowers in the sale of Chi-X Asia Pacific Holdings, Ltd. to Cboe Global Markets, Inc. and in the sale of its stake in Cabot to Encore
• Lightyear Capital and Advisor Group in the sale of Advisor Group to Reverence Capital Partners
• KKR in its acquisitions of Varsity Brands, Barracuda Networks, 1-800 Contacts, BMC Software, Bay Club, PharMerica, BrightSpring Health Services, Nature’s Bounty and Mills Fleet Farm, and other transactions, including the significant minority investment in Quick Quack Car Wash and the sale of The Bountiful Company to Nestlé for $5.75 billion and related carve-outs
• Asbestos divestiture transactions: Crane Holdings (removing approximately $580 million of liability from the balance sheet), ITT (removing approximately $818 million of liability from the balance sheet), BorgWarner (removing approximately $723 million of liability from the balance sheet) and Ingersoll Rand (removing approximately $188.5 million of liability from the balance sheet through its sale of wholly-owned subsidiaries)

Ravi received his J.D., cum laude, from the University of Pennsylvania in 2008 and his B.A. from Williams College in 2000. He is admitted to practice in the State of New York.