Law360 | Payment Co. Repay to Buy Automated Payments Biz for $78M

Chris Baugher, Sarah Hess MacKenzie, Will Hooper, James Alexander, Scott Harty, David Caplan,  Brett Coburn, and Blake MacKay are noted for representing CPS Payment Services in its proposed purchase by Repay Holdings Corp.

Alston & Bird client The First Bancshares, Inc., holding company for The First, A National Banking Association, announced that it plans to acquire First Florida Bancorp, Inc., the parent company of First Florida Bank, for approximately $85 million.

Alston & Bird client U.S. Lumber Group, LLC, a leading building materials distributor, has acquired Midwest Lumber.

Alston & Bird represented Stratos Wealth Holdings and its Stratos business, a family of companies focused on supporting the success of financial advisors, in securing a $527 million strategic growth investment from SEI, a global provider of financial technology, operations, and asset management services. The business partnership will enable Ohio-based Stratos to strengthen its national network of over 360 financial advisors and planning practitioners working in more than 26 states.