Dechert Advises Estancia Capital Partners and R&T Deposit Solutions on Strategic Investment from GTCR

September 07, 2023

Dechert advised Estancia Capital Partners (“Estancia”), a specialist private equity firm focused on the financial services sector, and its portfolio company R&T Deposit Solutions (R&T), a leading provider of tech-enabled liquidity management, deposit funding and securities-based lending programs, on a recapitalization which includes a significant investment from GTCR, a leading private equity firm.

Following the recapitalization, GTCR will own 50 percent of R&T and existing shareholders, including Estancia and R&T’s founding team and employees, will retain 50 percent ownership. The investment aims to strengthen R&T’s position as a leading, innovative provider of deposit management solutions, supported by a client-oriented delivery model and strong leadership and technical capabilities in deposit, liquidity and cash management.

The Dechert team advising Estancia and R&T included corporate partners Ken Young, Steve Pratt and Bernardo Piereck, counsel John Alessi, associates Lisa Perri, Gurbir Sandhu, Dillan Gomes, William Roberts, Mihai Morar, Ji Hong Park, Kristen Renberg and Wenny Shen; tax partner Kevin Zaragoza and associate Harris Cornell; financial services partner Corey Rose and counsel Robert Rhatigan; global finance partner Lindsay Flora and associate Anthony Rydelek; employee benefits partner Howard Klein and associate Tabitha Crosier; antitrust partners James Fishkin and Michael Okkonen, counsel Beverly Ang, and associate Isabella Egetenmeir; intellectual property partner Thomas Rayski and associate Spencer Joffrion; real estate counsel Francois Quintard-Morenas and associate Devyn Kurpis; privacy and cybersecurity partner Timothy Blank, and associates Hilary Bonaccorsi, Daniel Murdock and James Smith; and labor counsel Ian Downes and associate Tanya Warnke.

About Dechert

Dechert is a global law firm that advises asset managers, financial institutions and corporations on issues critical to managing their business and their capital – from high-stakes litigation to complex transactions and regulatory matters. We answer questions that seem unsolvable, develop deal structures that are new to the market and protect clients’ rights in extreme situations. Our 1,000+ lawyers across 21 offices globally focus on the financial services, private equity, private credit, real estate, life sciences and technology sectors.

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