Warburg Pincus in its commitment to invest $225 million in OceanFirst in connection with OceanFirst’s acquisition of Flushing Financial
On December 29, 2025, OceanFirst Financial Corp. (NASDAQ: OCFC) announced the entry into (1) a merger agreement with Flushing Financial Corp. (NASDAQ: FFIC) pursuant to which the companies will combine in an all-stock merger transaction valued at $579 million and (2) an investment agreement with affiliates of funds managed by Warburg Pincus LLC pursuant to which such funds committed to acquire $225 million of equity securities of OceanFirst at the closing of the merger.
Wachtell, Lipton, Rosen & Katz is serving as legal counsel to Warburg Pincus.