Milbank, Tweed, Hadley & McCloy LLP is advising South Street Securities Holdings Inc. in an agreement under which South Street will acquire from Lebenthal Holdings a 49% ownership interest in Lebenthal & Co., LLC and a 100% ownership interest in Lebenthal Asset Management, LLC and Lebenthal Family Office, LLC.
The transaction, which is expected to close by the third quarter of 2017, will expand South Street’s capital markets and asset management capabilities.
The Milbank team is led by Corporate partner Roland Hlawaty and associate Broderick Henry.
