M&A · Financials · Buyer's industry: State Commercial Banks
Seacoast Banking Corp of Florida to acquire Legacy Bank of Florida
Announced Mar 24, 2021 · Closed Aug 6, 2021 · Private target
Deal value$102M
Premium—To unaffected price
EV / Adj. EBITDA—
ConsiderationAll stock$6.05 per share
Transaction
- Acquirer
- Seacoast Banking Corp of Florida (SBCF)
- Target
- Legacy Bank of Florida
- Buyer type
- Strategic
- Offer price per share
- $6.05
- Enterprise value
- —
- Status
- Closed Aug 6, 2021
Deal protections
Not disclosed for private-company acquisitions.
Advisors
- To the acquirer
- Piper Sandler
- To the target
- Hovde Group
Classification
- Sector
- Financials
- Buyer's industry
- State Commercial Banks