Debevoise Advises Citizens Financial Group on Purchase of Bowstring Advisors Assets

20 February 2019

Debevoise & Plimpton LLP has advised Citizens Financial Group, Inc. (Citizens) on its agreement to purchase certain assets of Bowstring Advisors, an Atlanta-based merger and acquisition advisory firm that delivers a range of financial services to commercial and industrial clients nationwide. This transaction, which follows several other recent additions of key industry talent, products and solutions, further strengthens Citizens’ advisory capabilities.

Citizens Financial Group, Inc. is one of the nation’s oldest and largest financial institutions, with $160.5 billion in assets as of December 31, 2018. Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions.

The Debevoise team was led by partner Gregory V. Gooding and included partners Gregory J. Lyons and Michael Bolotin; counsel Charles E. Wachsstock; and associates Zain A. Kazmi, Alicia E. Lee and Meredith Wren.

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.