M&A Deal Summary

CenterState Bank Acquires Sunshine Bancorp.

On August 14, 2017, CenterState Bank acquired financial services company Sunshine Bancorp.

Acquisition Highlights
  • This is CenterState Bank’s 9th transaction in the Financial Services sector.
  • This is CenterState Bank’s 9th transaction in the United States.
  • This is CenterState Bank’s 9th transaction in Florida.

M&A Deal Summary
Date 2017-08-14
Target Sunshine Bancorp.
Sector Financial Services
Buyer(s) CenterState Bank
Deal Type Merger
Advisor(s) Hovde Group LLC (Financial)
Luse Gorman (Legal)

Target

Sunshine Bancorp.

Plant City, Florida, United States
Sunshine Bancorp. is a provider of financial services to individuals, families and businesses primarily located in Hillsborough, Orange, Pasco, and Polk Counties, Florida.

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Buyer(S) 1

Buyer

CenterState Bank

Winter Haven, Florida, United States
Category Company
Founded 1999
Sector Financial Services
Employees2,113
Revenue 747M USD (2019)
DESCRIPTION

CenterState Bank is a provider of consumer and commercial banking services to individuals, businesses, and industries. CenterState Bank was established in 1999 and is based in Davenport, Florida.

DEAL STATS #
Overall 9 of 12
Sector (Financial Services) 9 of 12
Type (Merger) 1 of 1
State (Florida) 9 of 10
Country (United States) 9 of 12
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-01 First Southern Bancorp

Florida, United States

First Southern Bancorp, Inc. is a provider of banking products and services.

Buy $190M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-02 Harbor Community Bank

Indiantown, Florida, United States

Harbor Community Bank is a bank holding company that was established by veteran Florida bankers to build a strong community banking franchise along the east coast of Florida. Harbor Community Bank was founded in 2010 and is based in Indiantown, Florida.

Buy -
Mergr

Product

Company

Legal