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Sidley says it represented Bluevine in its planned $340 million sale to Valley
Sidley said it represented Bluevine in an agreement to be acquired by Valley National Bancorp for approximately US$340 million. The firm described Bluevine as a digital banking platform serving small businesses and said the transaction brings its technology and customer relationships into Valley’s business.
Key points
- Sidley said Bluevine serves approximately 175,000 small-business clients.Sidley
- The firm said approximately 180 engineering and technology employees would move to Valley.Sidley
- Sidley identified Idan Netser and Sara Carian as leaders of its deal team.Sidley
- The firm said its team also covered tax, benefits, technology transactions and financing matters.Sidley