Acquiring Company
Seacoast Banking
Acquired Company
Professional Holding
StuartFinancial ServicesSoftwareMedia And EntertainmentFinanceLendingBankingDescription
Seacoast Banking Corporation of Florida (“Seacoast”) (NASDAQ: SBCF), the holding company for Seacoast National Bank (“Seacoast Bank”), and Professional Holding Corp. (“Professional”) (NASDAQ: PFHD), parent company of Professional Bank, announced today that they have signed a definitive agreement under which Seacoast will acquire Professional. The proposed transaction will expand Seacoast’s footprint in the dynamic tri-county South Florida market, which includes Miami-Dade, Broward, and Palm Beach Counties, the largest MSA in Florida and the eighth largest in the nation.
Quick answer
Seacoast Banking is acquiring Professional Holding, announced August 8, 2022. Seacoast Banking is based in Stuart, Florida, United States.
- How much did Seacoast Banking pay for Professional Holding?
- The deal value was not disclosed.
- What does Seacoast Banking do?
- Since 1926, Seacoast Bank has succeeded through a clear vision, planned strategic growth and talented, professional employees.
- Where are Seacoast Banking and Professional Holding based?
- Seacoast Banking is based in Stuart, Florida, United States.
- Who are the decision-makers at Seacoast Banking?
- Fundz holds 2 contacts at Seacoast Banking. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Seacoast Banking, and when
When Seacoast Banking changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Seacoast Banking raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Seacoast Banking, from your own LinkedIn network
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Frequently asked
Who acquired Professional Holding?
Professional Holding was acquired by Seacoast Banking, based in Stuart. The deal was reported on August 8, 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 Professional Holding?
Seacoast Banking's acquisition of Professional Holding was reported on August 8, 2022. Seacoast Banking Corporation of Florida (“Seacoast”) (NASDAQ: SBCF), the holding company for Seacoast National Bank (“Seacoast Bank”), and Professional Holding Corp. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Professional Holding do?
Professional Holding is the company acquired in this transaction. It is privately held.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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