Debevoise & Plimpton LLP is advising Bain Capital in its $825 million strategic growth investment in Lincoln Financial (NYSE: LNC). As a part of the transaction, Bain Capital will acquire a 9.9% stake in Lincoln Financial, and the parties have agreed to enter into a 10-year, non-exclusive strategic investment management relationship. For more information, please see the company’s press release.
The Debevoise team is led by insurance M&A partner Nicholas Potter and includes counsel Matthew Parelman and associates Alexis Oh and Niusha Tavassoli, M&A partners Gordon Moodie and Katherine Durnan Taylor, counsel David Iozzi, associates Kayleigh Anderson, Jasmine Fong and Zoë Zissu and law clerk Simran Kashyap, employee benefits and executive compensation associate Simmie Jenkelowitz, capital markets partner Eric Juergens and associate Amy Pereira, and tax partner Peter Schuur and associate Martin Connor Jr.