Debevoise Advises KeyBank in Acquisition of Laurel Road’s Digital Lending Business

17 January 2019

Debevoise & Plimpton LLP is advising KeyBank National Association on its acquisition of Laurel Road Bank’s affinity-focused digital lending business. Through the acquisition, KeyBank will enhance its digital capabilities with state-of-the-art, customer-centric technology.

KeyBank is one of the nation's largest bank-based financial services companies, with assets of approximately $138.8 billion at September 30, 2018. Key provides deposit, lending, cash management, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of over 1,100 branches and more than 1,500 ATMs. KeyBank also provides a broad range of sophisticated corporate and investment banking products.

The Debevoise team is led by partners Jennifer L. Chu and Gregory J. Lyons and includes partners Elizabeth Pagel Serebransky, Henry Lebowitz and Michael Bolotin; counsel Charles E. Wachsstock; and associates Sean Thomas Foley, Corina McIntyre and Jonathan R. Wong.

Debevoise & Plimpton LLP is a premier law firm with market-leading practices, a global perspective and strong New York roots. We deliver effective solutions to our clients’ most important legal challenges, applying clear commercial judgment and a distinctively collaborative approach.