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Seacoast Announces The Acquisition Of Apollo Bancshares, Inc.

PRIVATEMar 29, 2022

Acquiring Company

Seacoast Banking

Acquired Company

Apollo Bancshares

StuartFinancial ServicesSoftwareMedia And EntertainmentFinanceLendingBanking

Description

Seacoast Banking Corporation of Florida (“Seacoast”) (NASDAQ: SBCF), the holding company for Seacoast National Bank (“Seacoast Bank”), announced today that it has signed a definitive agreement to acquire Apollo Bancshares, Inc. (“Apollo”), parent company of Apollo Bank based in Miami, FL. The proposed transaction will expand Seacoast’s presence in Miami-Dade County, part of the Miami-Fort Lauderdale-Pompano Beach metropolitan statistical area, Florida’s largest MSA and the 8th largest in the nation.

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Company Information

Company

Seacoast Banking

Location

Stuart, Florida, United States

About

Since 1926, Seacoast Bank has succeeded through a clear vision, planned strategic growth and talented, professional employees. Seacoast provides integrated financial services including commercial and consumer banking, wealth management and mortgage services to customers at over 75 full-service branches across Florida, and through advanced mobile and online banking solutions. Seacoast Bank is the wholly-owned subsidiary bank of Seacoast Banking Corporation of Florida (NASDAQ: SBCF), one of the largest community banks headquartered in Florida and is a proud member of the Federal Deposit Insurance Corporation (FDIC).

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Frequently asked

Who acquired Apollo Bancshares?

Apollo Bancshares was acquired by Seacoast Banking, based in Stuart. The deal was reported on March 29, 2022. Since 1926, Seacoast Bank has succeeded through a clear vision, planned strategic growth and talented, professional employees. Seacoast Banking is privately held and operates in Financial Services.

When did Seacoast Banking acquire Apollo Bancshares?

Seacoast Banking's acquisition of Apollo Bancshares was reported on March 29, 2022. Seacoast Banking Corporation of Florida (“Seacoast”) (NASDAQ: SBCF), the holding company for Seacoast National Bank (“Seacoast Bank”), announced today that it has signed a definitive agreement to acquire Apollo Bancshares, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Apollo Bancshares do?

Apollo Bank - A new banking experience It is privately held.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.