Schulte Represents Blue Lion Capital in Share Purchase Agreement with HomeStreet

Schulte advised Blue Lion Capital, a Dallas-based hedge fund, in a share purchase agreement with HomeStreet Inc., a Seattle-based diversified financial services company. Blue Lion and its affiliates beneficially own approximately 6.48% of HomeStreet’s stocks. The agreement, announced on July 11, 2019, involved the sale of Blue Lion and its affiliates’ 1,692,401 shares of HomeStreet’s common stock back to the company at $31.16 per share. The aggregate purchase price is approximately $52.7 million.

The Schulte team was led by M&A and securities partner Eleazer Klein and former Schulte lawyer Joseph Vitale. The team also included M&A and securities associates Daniel Goldstein and Brandon Gold.