Timothy Gaffney

Tim Gaffney is a Partner in the Firm’s Financial Institutions Practice. He focuses on mergers and acquisitions and other significant transactions and corporate governance matters. He regularly advises financial institutions, fintech companies, private equity sponsors, accounting firms, public companies and specialty lenders on mergers and acquisitions, buyouts, spin-offs, divestitures, recapitalizations, investments, joint ventures, other significant corporate transactions and corporate governance matters. He has guided various clients through cross-border transactions in numerous jurisdictions. In 2023, Tim was named a “Rising Star” in Banking by Law360.

Select financial services transactions include:

• New York Community Bancorp in its $1.05 billion capital raise; and sale of $5 billion in warehouse loans to JPMorgan Chase Bank, N.A.
• Apax Partners in its strategic growth investment in the non-attest business of CohnReznick LLP
• Indus Valley Partners in its acquisition of IntegriDATA Business & Technology Solutions; and strategic minority growth investment from PPC Enterprise
• Israel Discount Bank in its pending sale of an approximately 15% equity stake in Discount Bancorp to Gallatin Point Capital in exchange for a $150 million investment
• Goldman Sachs in various matters, including the launch of an Enterprise AI Services Firm with Anthropic, Blackstone and Hellman & Friedman
• Wipfli LLP in its strategic growth investment in its non-attest business by New Mountain Capital to accelerate growth, innovation and client solutions
• Veritex Holdings in its investment in and subsequent sale of Thrive Mortgage,*  investment in Lower Mortgage* and $1.9 billion merger with Huntington Bancshares
• DuPont in its merger-of-equals transaction with The Dow Chemical Company*
• Wells Fargo Bank in various matters, including its sales of its rail equipment leasing business to a newly formed joint venture between GATX Corporation and Brookfield Infrastructure; Institutional Retirement & Trust business to Principal Financial Group; and student loan portfolio to a group of institutional investors*
• Worldpay in its merger with FIS*
• Sumitomo Mitsui Banking Corporation in various matters, including its acquisition of American Railcar Leasing from Icahn Enterprises and subsequent sale of SMBC Rail Services to ITE; and investments in Jefferies Financial, Ares Management Corporation and Moelis & Company, among others*
• Banc of California in its merger with PacWest and concurrent capital raise from Warburg and Centerview*
• Citigroup in various matters, including the acquisition of Deutsche Bank Mexico; the sales of its consumer banking and credit card businesses in Brazil, to Itaú, and in Colombia, to the Bank of Nova Scotia; sale of various ruble-denominated assets to Uralsib as part of Citi’s wind-down of its Russian operations; and various Citi Ventures investments*
• DMG Bancshares in its formation and capitalization; acquisition of California First National Bank; and acquisition of Liberty Bank*
• Blackstone in its sale of Lendmark Financial Services to Lightyear Capital and the Ontario Teachers’ Pension Plan Board*
• Fortress in the sale of Cetera Financial Group to Genstar Capital; and the merger between Opus Bank and Pacific Premier Bancorp*
• Stone Point Capital in its acquisition of Kensington Vanguard*
• TPG and Calera Capital in the sale of Direct General to National General*
• OceanFirst Financial Corp. in its acquisition of Sun Bancorp; and minority investment in Auxilor Capital*
• Priam Capital in its investment in U.S. Century Bank, among others*
• First Bancorp in its acquisition of Banco Santander Puerto Rico*
• Green Bancorp in its merger with Veritex Holdings*
• CMS Energy in its sale of EnerBank to Regions Bank*

*includes experience prior to joining Simpson Thacher & Bartlett LLP