Sheppard Mullin Advised TriCo Bancshares in Merger with Valley Republic Bancorp
Sheppard Mullin represented TriCo Bancshares (Nasdaq: TCBK) in its merger with Valley Republic Bancorp (OTC: VLLX) in a stock transaction valued at approximately $173 million. The combined company, operating as TriCo Bancshares with its banking subsidiary, Tri Counties Bank, anticipates having total assets of approximately $10.1 billion as the result of the merger. The transaction closed on March 25, 2022.
The Sheppard Mullin deal team was led by partner David Gershon and associates Monica Youssef and Eugene Choi. Invaluable assistance was provided by partners Keith Gercken, Frank Dworak, John Crisp, Dmitriy Chelnitsky, Michael Chan, Jennifer Redmond and associates Brian Egan and Michael Weisshar.
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