Acquiring Company
Seacoast Banking
Acquired Company
Seacoast Banking
StuartStuartFinancial ServicesSoftwareMedia And EntertainmentFinanceLendingBankingFinancial ServicesSoftwareMedia And EntertainmentFinanceLendingBankingDescription
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 Drummond Banking Company (“Drummond”), parent company of Drummond Community Bank based in Chiefland, FL. The proposed transaction will expand Seacoast’s presence into new and growing Florida markets including Ocala and Gainesville.
Quick answer
Seacoast Banking is acquiring Seacoast Banking, announced May 4, 2022. Seacoast Banking is based in Stuart, Florida, United States.
- How much did Seacoast Banking pay for Seacoast Banking?
- The deal value was not disclosed.
- Where are Seacoast Banking and Seacoast Banking based?
- Seacoast Banking is based in Stuart, Florida, United States. 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.
Other recent acquisitions in Financial Services and Media And Entertainment
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Truist Acquires Mobile Savings Gamification Pioneer Long Game (May 3, 2022)
- Seacoast Announces The Acquisition Of Apollo Bancshares, Inc. (March 29, 2022)
- Primis Announces Completion Of Acquisition Of Seatrust Mortgage Company (June 1, 2022)
- Brookfield Reinsurance Completes $5.1 Billion Acquisition Of American National, $5.1B (May 25, 2022)
- Bank Of Idaho To Purchase Five Branches From Homestreet Bank, Expand Service Into Eastern Washington (May 11, 2022)
- Trustmark Acquires Fitreserve To Expand Existing Fitness Capabilities (May 10, 2022)
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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Related People
Frequently asked
Who acquired Seacoast Banking?
Seacoast Banking was acquired by Seacoast Banking, based in Stuart. The deal was reported on May 4, 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 Seacoast Banking?
Seacoast Banking's acquisition of Seacoast Banking was reported on May 4, 2022. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Seacoast Banking do?
Since 1926, Seacoast Bank has succeeded through a clear vision, planned strategic growth and talented, professional employees. It is privately held, operating in Financial Services, and is based in Stuart.
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