M&A Deal Summary |
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---|---|
Date | 2022-08-08 |
Target | Professional Bank |
Sector | Financial Services |
Buyer(s) | Seacoast Bank |
Deal Type | Add-on Acquisition |
Deal Value | 489M USD |
Advisor(s) | Stephens Investment Banking (Financial) Gunster, Yoakley & Stewart (Legal) |
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Category | Company |
---|---|
Founded | 1926 |
Sector | Financial Services |
Employees | 1,445 |
Revenue | 567M USD (2023) |
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.
DEAL STATS | # |
---|---|
Overall | 15 of 15 |
Sector (Financial Services) | 13 of 13 |
Type (Add-on Acquisition) | 13 of 13 |
State (Florida) | 14 of 14 |
Country (United States) | 15 of 15 |
Year (2022) | 3 of 3 |
Size (of disclosed) | 1 of 8 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2022-05-04 |
Drummond Community Bank
Chiefland, Florida, United States Drummond Community Bank is a provider of financial service, operates through18 branches across North Florida with deposits of approximately $932 million and loans of $543 million as of March 31, 2022. Drummond Community Bank is based in Chiefland, Florida. |
Buy | - |