Sven Mickisch is co-head of Skadden’s Financial Institutions Group. He handles complex transactions and regulatory matters in the financial services industry, with an emphasis on the banking/specialty finance and financial technology sectors. 

Bio

Mr. Mickisch also serves as co-head of Skadden’s financial services initiative, which oversees coverage of the firm’s financial services clients across all of its practices, and coordinates Skadden’s global financial technology practice.

Mr. Mickisch has significant experience representing financial institutions in mergers, acquisitions and financing transactions, while also having a particularly active practice advising private equity firms transacting in the financial services sector. In addition, he has handled numerous restructurings and recapitalizations of financial institutions.

He is widely recognized for his work in the financial services space. He is consistently ranked as a leading attorney in financial institutions M&A by Chambers USA and was named a 2019 Fintech MVP by Law360.

His representations include the following transactions:

Banking / Specialty Finance

  • American Express in the sale of its international banking division to Standard Chartered;
  • Anchor BanCorp Wisconsin in its sale to Old National Bancorp, as well as its prior recapitalization, which was implemented via a “prepackaged” bankruptcy process;
  • Bank of N.T. Butterfield in its recapitalization led by Carlyle, CIBC and other institutional investors, and its offering of preference shares guaranteed by the government of Bermuda;
  • Bear Stearns in its sale to JPMorgan Chase;
  • BNP Paribas in the sale of its oil and gas reserve-based lending business in the U.S. and Canada to Wells Fargo;
  • First Bancorp in its acquisition of Banco Santander Puerto Rico;
  • Flagstar in its acquisition of a Midwest branch network from Wells Fargo;
  • Green Bancorp in its IPO, its acquisitions of multiple community banks and its merger with Veritex Holdings;
  • Greentech Capital Advisors in its sale to Nomura;
  • Hanover Bancorp in its successful proxy contest against a dissident shareholder;
  • HCBF Holding Company in its merger with CenterState Banks;
  • Jefferies in its acquisition of the operations of Faros Trading;
  • Leerink Partners in its sale to Silicon Valley Bancorp;
  • SKBHC Holdings in its acquisition of AmericanWest Bank via a first-of-its-kind Section 363 bankruptcy process, and in follow-on acquisitions of multiple community banks;
  • Sound Bank in its implementation of a new strategic plan and recapitalization by institutional and local investors;
  • Sumitomo Mitsui Banking Corporation in its investments in Ares Management and Moelis & Company and its acquisition of American Railcar Leasing;
  • Sumitomo Mitsui Trust Bank in its acquisition of an equity stake in Midwest Rail Corp. from Marubeni Corporation and its investment in GreensLedge Holdings;
  • the special committee of the board of directors of UnionBanCal Corporation in its going-private transaction with majority shareholder Mitsubishi UFJ Financial Group;
  • Wells Fargo in connection with the sale of its Institutional Retirement & Trust business to Principal Financial Group; and
  • Yadkin Financial Corporation in its acquisition of NewBridge Bancorp and its sale to F.N.B. Corporation.

Financial Technology

  • American Express in its acquisition of Loungebuddy;
  • American Express, Bank of America, JPMorgan Chase and Wells Fargo in their formation of TruSight;
  • Bank of New York Mellon, Computershare, Clearstream, Deutsche Bank, HSBC, JPMorgan Chase and State Street in their investment in Proxymity;
  • Deutsche Bank in its investment in Modo Payments;
  • E*TRADE in its sale to Morgan Stanley;
  • JPMorgan Chase in the sale of its blockchain platform Quorum to, and concurrent strategic investment in, ConsenSys Software;
  • Live Oak in its investment in Finxact;
  • Vantiv in its acquisition of Worldpay Group;
  • Worldpay in its merger with FIS; and
  • Zip Co in its acquisition of QuadPay.

Financial Services Private Equity

  • Blackstone in its acquisition of a controlling stake in Exeter Finance; the acquisition by its portfolio company Lendmark Financial Services of certain branch offices and related loan assets from Springleaf Financial; and the sale of Lendmark Financial Services to Lightyear Capital;
  • Fortress in connection with the recapitalization of Bay Cities National Bank (renamed Opus Bank); the merger between Opus Bank and Pacific Premier Bancorp; and its portfolio company Cetera Financial Group’s sale to Genstar;
  • Further Global in its acquisition of a controlling stake in U.S. Claims;
  • Pine Brook in its acquisition of United PanAm Financial Corporation; its investment in Better Mortgage, Inc.; its investment in Fair Square Financial Holdings LLC; its investment in Origin Bancorp, Inc.; its acquisition of Triumph Capital Advisors LLC (renamed White Star Asset Management); and White Star’s sale to Clearlake Capital;
  • Stone Point in the recapitalization of Standard Bancshares, Inc. and its subsequent sale to First Midwest Bancorp, Inc.; its investment in Atlantic Capital Bancshares, Inc.; its portfolio company AloStar Bank of Commerce’s sale to State Bank and Trust Company; and its portfolio company Stretto’s acquisition of CINgroup;
  • TPG in its acquisition of The Warranty Group, Inc. and its subsequent business combination transaction with Assurant; its investment in GreenSky Trade Credit; its investment in Varo Money, Inc.; and its sale of Direct General Corporation;
  • a consortium consisting of WL Ross & Co., Blackstone Group, Carlyle Group and Centerbridge in the acquisition of the banking operations of BankUnited, FSB in an auction by the FDIC, as receiver; and
  • a consortium consisting of Starwood Capital Group, TPG Capital, Perry Capital and a joint venture between WL Ross & Co. and LeFrak Organization in their acquisition of an equity stake in a limited liability company that holds loan and real estate assets formerly owned by Corus Bank, N.A. in an auction by the FDIC, as receiver.

Other Financial Services

  • MetLife in its acquisition of AFP Provida;
  • Morgan Stanley in its acquisition of CLO assets of Assurant;
  • Refco in the sale of Refco’s global regulated futures brokerage business to Man Financial, Inc. in a bankruptcy auction; and
  • Wilton Re in its sale to Canada Pension Plan Investment Board.

Credentials

Education

  • J.D., Columbia University School of Law, 2005 (James Kent Scholar; Harlan Fiske Stone Scholar)
  • LL.B., London School of Economics and Political Science, 2004 (Sir Morris Finer Memorial Prize)

Admissions

  • New York

Languages

  • German
  • French
  • English
  • Dutch (proficient)

Sven G. Mickisch

Partner, Financial Institutions; Mergers and Acquisitions
sven.mickisch@skadden.com