Seacoast Bank - M&A Summary and Business Overview

Financial ServicesCompany

Seacoast Bank M&A Summary

Seacoast Bank has acquired 15 companies, including 7 in the last 5 years. A total of 2 acquisitions came from private equity firms.

Seacoast Bank’s largest acquisition to date was in 2022, when it acquired Professional Holding for $489M. Seacoast Bank has acquired in 2 different US states. The Company’s most targeted sectors include financial services (87%) and business services (7%).

Seacoast Bank Business Overview

Where is Seacoast Bank headquartered?

Seacoast Bank is headquartered in Stuart, Florida.

What is Seacoast Bank’s revenue?

Seacoast Bank disclosed revenue of 567M USD for 2023 and 432M USD for 2022.

How many employees does Seacoast Bank have?

Seacoast Bank has 1,445 employees.

What sector is Seacoast Bank in?

Seacoast Bank is a financial services company.

When was Seacoast Bank founded?

Seacoast Bank was founded in 1926.

M&A Summary

  • M&A Total Activity15
    • M&A Buy Activity15
  • Total Sectors Invested 3
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 3
  • M&A Advisors 6

Seacoast Bank

Seacoast Banking Corporation of Florida

815 Colorado Avenue,
Stuart, Florida 34994
United States,
(772) 287-4000
www.seacoastbank.com

Seacoast Bank is a provider of financial services including commercial and retail banking, wealth management, and mortgage services to customers through 34 traditional branches of its locally-branded wholly-owned subsidiary bank, Seacoast National Bank, and five Accelerate offices fueled by the power of Seacoast National Bank. Seacoast Bank was founded in 1926 and is based in Stuart, Florida.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (1.2/yr) # 9 - 3 3 - - 15
vol $111M $185M $657M $952M
Sell (0.0/yr) # - - - - - - 0
  15

Most Recent M&A

Company Date Value Type
Professional Holding Corp. 2022-08-08 489M USD Add-on Acquisition
Coral Gables, Florida · www.myprobank.com
Drummond Banking Co. 2022-05-04 - Add-on Acquisition
Chiefland, Florida · www.drummondbank.com
Apollo Bancshares, Inc. 2022-03-29 168M USD Add-on Acquisition
Miami, Florida · www.apollobank.com
Sabal Palm Bancorp, Inc. 2021-08-23 54M USD Add-on Acquisition
Sarasota, Florida · www.sabalpalmbank.com
Business Bank of Florida Corp. 2021-08-23 28M USD Add-on Acquisition
Melbourne, Florida · www.floridabusinessbank.com
Legacy Bank Of Florida 2021-03-23 102M USD Add-on Acquisition
Boca Raton, Florida · www.legacybankfl.com
First Bank of the Palm Beaches 2019-11-19 33M USD Add-on Acquisition
West Palm Beach, Florida · www.firstbankpb.bank
First Green Bancorp, Inc. 2018-06-11 - Add-on Acquisition
Mount Dora, Florida · www.firstgreenbank.com
NorthStar Banking Corp. 2017-05-18 - Add-on Acquisition
Tampa, Florida · www.northstar-bank.com
Palm Beach Community Bank 2017-05-04 - Add-on Acquisition
West Palm Beach, Florida · www.pbcblink.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Financial Services 13 (87%) 952M (100%) - -
Business Services 1 (7%) - - -
Healthcare Services 1 (7%) - - -
Total 15 $952M - -

By Geo

State/Country Buy Value Sell Value
United States 15 952M - -
  Florida 14 952M - -
Total 15 $952M - -

Top M&A Advisors

Financial Deals
Piper Sandler & Co.
 6
Sandler O'Neill + Partners LP
 2
Raymond James - Investment Banking
 2
Legal Deals
Alston & Bird
 11
Cadwalader, Wickersham & Taft
 2

Deal Values

buy # Total
$100M to $1B 3 $759M
< $100M 5 $193M
TOTAL $952M
Largest Professional Holding Corp.
$489M (2022-08-08)

M&A Connections

Deals
Acquired from
Investor(s)
13%
2 (13%)
Strategic(s)
7%
1 (7%)

Company Summary

SECTOR

Financial Services

Revenue

567   32% 2023
432   25% 2022
347   8% 2021
324   8% 2020
300   15% 2019
262   12% 2018
235   33% 2017
178   2016
(millions of USD) Show More Show Less

Employees

1,445

Established

1926

Public

NASDAQ: SBCF

 Subscribe to unlock this and 208,055
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.6K Private Equity Firms
  • 201K M&A Transactions
  • 203K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 81K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Related Lists for Seacoast Bank

Florida Companies , Financial Services Companies , United States Companies , Florida Financial Services Companies , Florida Financial Services with Acquisitions , Florida Financial Services with Divestitures

Related Lists for Florida Companies

Largest Florida Companies , Acquisitive Florida Companies , Recently Acquired Florida Companies , Recently Sold Florida Companies , Private Florida Companies , Public Florida Companies , Acquired Florida Companies , PE Backed Florida Companies

Related Lists for Financial Services Companies

Largest Financial Services Companies , Acquisitive Financial Services Companies , Recently Acquired Financial Services Companies , Recently Sold Financial Services Companies , Private Financial Services Companies , Public Financial Services Companies , Acquired Financial Services Companies , PE Backed Financial Services Companies

Related Lists for United States Companies

Largest United States Companies , Acquisitive United States Companies , Recently Acquired United States Companies , Recently Sold United States Companies , Private United States Companies , Public United States Companies , Acquired United States Companies , PE Backed United States Companies
Mergr

Product

Company

Legal