Michael K. Krebs

Michael K. Krebs is a partner in the Business Department and co-chair of the Banking and Finance practice group. Michael's areas of expertise include complex mergers and acquisitions, corporate finance and corporate governance. He also advises companies and individuals on the design and implementation of executive compensation arrangements.

Michael serves as corporate and regulatory counsel to a variety of banks, savings institutions, insurance companies, and other financial institutions. He has represented clients before various federal and state regulatory agencies, including the Federal Reserve, OCC, FDIC, the Massachusetts Division of Banks, the New Hampshire Banking Department, and the California Department of Financial Institutions.

Michael is a lecturer at Boston University’s Morin Center for Banking and Financial Law, teaching federal securities law in the L.L.M. program.

Michael’s M&A experience includes the representation of:

• A Nasdaq-listed publicly traded community bank based in western Massachusetts, in its merger with another publicly traded bank also headquartered in western Massachusetts, a transaction valued at  approximately $108 million

• A Nasdaq-listed community bank located in eastern Massachusetts, in its $96 million acquisition by one of the largest banks headquartered in New England

• One of the largest community banks in Massachusetts, in both its $163 million acquisition of a publicly traded bank based in Boston, Massachusetts and its earlier $170 million acquisition of a publicly traded bank in eastern Massachusetts

• A publicly traded mutual holding company located in eastern Massachusetts, in its acquisition by another mutual savings bank headquartered in Massachusetts

• One of the largest community banks in Massachusetts, in its $105 million acquisition of a publicly traded bank located in southeastern Massachusetts for a combination of stock and cash

• A New York Stock Exchange-listed insurance holding company, in its $2.2 billion acquisition by a holding company headquartered in Europe

• A Nasdaq-listed bank holding company, in its $180 million acquisition by a publicly-traded regional banking company

• A California-based bank holding company in its acquisitions of five banks in transactions valued at a total of approximately $150 million

• A Nasdaq-listed company in its simultaneous acquisitions of two businesses from its majority stockholder in a transaction having a combined value of $1.6 billion, and in that client’s subsequent acquisition of a company valued at approximately $260 million

• A New York Stock Exchange-listed specialty chemical company, in its $300 million acquisition of another chemical company

• A Nasdaq-listed utility company headquartered in New Hampshire, in its agreement to be acquired by a New Hampshire municipality

• A New York Stock Exchange-listed insurance holding company, in its $80 million acquisition of a multi-state insurance company and its related joint venture with a strategic partner

Michael's corporate finance experience includes:

• A $38 million private placement of equity interests in a bank holding company organized as an LLC, representing the placement agent, a nationally recognized investment banking firm specializing in the financial services sector

• A $300 million public offering of senior debt by a New York Stock Exchange–listed insurance holding company

• A $20 million initial public offering by a bank holding company

• An $80 million private placement of common and preferred stock and trust originated by Subordinated Capital Income Securities to fund an acquisition by a bank holding company

• A $125 million initial public offering by an insurance company

• A $19 million public offering of common stock by a New Hampshire utility company

• A $49 million public offering of tax-exempt bonds by a New Hampshire utility through the Business Finance Authority of the State of New Hampshire

• A $30 million leveraged self-tender by a manufacturing company