Representation of Level One Bancorp, Inc. (Nasdaq: LEVL) and its subsidiary Level One Bank (HQ: Michigan) in M&A, IPO, subordinated debt, and other transactions, including:

Acquisition Of Ann Arbor State Bank

Served as legal advisor for Level One Bancorp in its acquisition of Ann Arbor Bancorp, Inc. and its wholly-owned subsidiary, Ann Arbor State Bank, valued at approximately $67.8 million. 

Media

• Barack Ferrazzano PR (January 2020): https://www.bfkn.com/newsroom-news-475
• Globe Newswire (January 2020): https://www.globenewswire.com/news-release/2020/01/02/1965847/0/en/Level-One-Bancorp-Inc-and-Ann-Arbor-Bancorp-Inc-Complete-Merger.html
• A4 All About Ann Arbor (January 2020): https://www.clickondetroit.com/all-about-ann-arbor/2020/01/03/level-one-completes-merger-with-ann-arbor-state-bank/
• Crain's Detroit Business (August 2019): https://www.crainsdetroit.com/banking/level-one-acquire-ann-arbor-state-bank-678-million-deal

Private Placement Of Subordinated Notes

Served as legal advisor to Level One Bancorp in the completion of a private placement of $30 million in aggregate principal amount of Fixed-to-Floating Rate Subordinated Notes. 

Media

• Barack Ferrazzano PR (December 2019): https://www.bfkn.com/newsroom-news-503
• Globe Newswire (December 2019): https://www.globenewswire.com/news-release/2019/12/19/1962794/0/en/Level-One-Bancorp-Inc-Completes-30-0-Million-Subordinated-Notes-Offering.html

Initial Public Offering (IPO)

Served as issuer’s counsel for Level One Bancorp in connection with its $32 million IPO.

Media

• Barack Ferrazzano PR (April 2018): https://www.bfkn.com/newsroom-news-362
• Level One PR (April 2018): https://www.levelonebank.com/Resources/About-Us/News/level-one-bancorp-inc-announces-closing-of-initial-public-offering
• Crain's Detroit Business (April 2018): https://www.crainsdetroit.com/article/20180420/news/658671/level-one-bancorp-begins-trading-on-nasdaq-in-ipo-launch