Steel Newco Inc. /
Synovus Financial Corp.
Steel Newco combines Pinnacle and Synovus in merger
Source for the buyer and target: Pinnacle Financial Partners, Inc.
For the buyer and target.
“This letter (this “ Letter Agreement ”) memorializes our agreement concerning your continued employment with Steel Newco Inc. (the “ Company ”) and Pinnacle Bank (the “ Bank ”), following the completion of the merger (the “ Merger ”) contemplated by the Agreement and Plan of Merger between Synovus Financial Corp. and Pinnacle Financial Partners, Inc. (“ Pinnacle ”), dated as of July 24, 2025 (the “ Merger Agreement ”).”
Published 2 Jan 2026
Open the sourceWhat happened
Steel Newco Inc. completed its merger with Synovus Financial Corp. and Pinnacle Financial Partners, Inc. on Jan. 1, 2026, with Newco as the surviving entity. Newco changed its name to Pinnacle Financial Partners, Inc. after the merger. [01]
The combined company is headquartered in Atlanta, Georgia. Terms weren't disclosed. [01]
The source
Everything on this page comes from the source below, quoted word for word.
Steel Newco combines Pinnacle and Synovus in merger
This document is the source for the companies, stage and people on this page.
Open the sourceTimeline
Every date the source states, in order, each with the words it comes from. Anything marked ahead is a target the source gives, not something that has happened.
Closed
“Steel Newco combines Pinnacle and Synovus in merger Steel Newco Inc. completed its merger with Synovus Financial Corp. and Pinnacle Financial Partners, Inc. on Jan. 1, 2026, with Newco as the surviving entity”
Open the source
The same firms, in other deals
The firms' deal history and connections across other deals.
These firms' full profiles are part of Pro.
Get ProAlready a member? Sign in
Pro is open to everyone.
By email · Weekly