Legal DealFolio - Green Dot acquisition of Loopt

Davis Polk advised Green Dot Corporation on the bank regulatory approvals for its acquisition of Loopt, Inc., which was completed on April 4, 2012. Green Dot is a publicly traded bank holding company regulated by the Board of Governors of the Federal Reserve System. It is the nation's leading provider of general-purpose, reloadable prepaid debit cards and owner of one of the nation's largest retail cash reload and payment networks, and has been an innovator in providing affordable, low-cost banking products to low- and moderate-income individuals. Loopt is an innovative mobile technology company based in Mountain View, California. With the completion of the deal, Loopt's Silicon Valley headquarters will become the base for Green Dot's mobile technology and product development efforts. The Davis Polk financial institutions team included partners Luigi L. De Ghenghi and John L. Douglas and associates Cristina Victoria Regojo, Andrew H. Nash and Melissa Nunziato (not yet admitted). All members of the Davis Polk team are based in the New York office.

Deal Date:	04-04-2012	Practice Area:	Corporate and M&A
Deal Title:	Green Dot acquisition of Loopt	Industry:	Banks
Description:	Davis Polk advised Green Dot Corporation on the bank regulatory approvals for its acquisition of Loopt, Inc., which was completed on April 4, 2012. Green Dot is a publicly traded bank holding company regulated by the Board of Governors of the Federal Reserve System. It is the nation's leading provider of general-purpose, reloadable prepaid debit cards and owner of one of the nation's largest retail cash reload and payment networks, and has been an innovator in providing affordable, low-cost banking products to low- and moderate-income individuals. Loopt is an innovative mobile technology company based in Mountain View, California. With the completion of the deal, Loopt's Silicon Valley headquarters will become the base for Green Dot's mobile technology and product development efforts. The Davis Polk financial institutions team included partners Luigi L. De Ghenghi and John L. Douglas and associates Cristina Victoria Regojo, Andrew H. Nash and Melissa Nunziato (not yet admitted). All members of the Davis Polk team are based in the New York office.
Financial Center:	New York	Value:	100.01-500.00
Advised Party:	Acquiror	Law Firm	Davis Polk
Target Company Jurisdiction:	United States	Acquiror Jurisdiction:	United States
Classification:	Strategic Buyer Acquisitions Private Company	Lawyer	Luigi De Ghenghi

Practice Areas -

Corporate and M&A Law Firms and Lawyers

Practice Areas - Corporate and M&A Law Firms and Lawyers