On Oct. 4, 2021, Sabal Capital Partners LLC (Sabal), owned in part by investment funds managed by Kramer Levin client Stone Point Capital LLC, announced that it has entered into an agreement to be acquired by Regions Bank. The deal, the terms of which were not disclosed, is expected to close in the fourth quarter of 2021.

Key contacts

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Barry Herzog

Partner, Head of Tax, US, New York

Todd E. Lenson photo

Todd E. Lenson

Partner, Head of Equity Capital Markets and Public Companies, US, New York

Howard T. Spilko photo

Howard T. Spilko

Partner, Global Head of Private Equity and Chair of Corporate, US, New York

Avram J. Cahn photo

Avram J. Cahn

Special Counsel, New York

Mariya Khvatskaya photo

Mariya Khvatskaya

Senior Associate, New York

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New York Silicon Valley Washington, DC Corporate Mergers and acquisitions Private equity Barry Herzog Robert N. Holtzman Todd E. Lenson Howard T. Spilko Avram J. Cahn Randal D. Murdock Mariya Khvatskaya