Global Legal Chronicle | Seacoast Banking’s $110 Million Acquisition of Legacy Bank of Florida

Alston & Bird client Seacoast Banking Corporation of Florida, the holding company for Seacoast National Bank, has announced a definitive agreement to acquire Legacy Bank of Florida in a transaction valued at approximately $110 million.

Randy Moore, Cliff Stanford, Blake Estes, Brendan Clegg, Caroline Eisner, John Gerl, Nathan Tyre, Sarah McElroy, Brian Harvel, Andrew Claytor, Mike Stevens, Kyle Woods, Chris Marquardt, Sean Hyatt, Tejas Patel, and Jake Kaplan are noted for representing Seacoast Banking Corporation of Florida in its planned acquisition of Drummond Banking Company.

Alston & Bird client Seacoast Banking Corporation of Florida, holding company for Seacoast National Bank, has announced a definitive agreement to acquire Drummond Banking Company, parent company of Drummond Community Bank, for $173.2 million.

Alston & Bird client Seacoast Banking Corporation of Florida, the holding company for Seacoast National Bank, has announced a definitive agreement to acquire Fourth Street Banking Co., the holding company for Freedom Bank of St. Petersburg, in a transaction valued at more than $60 million.

Alston & Bird client Seacoast Banking Corporation of Florida, holding company for Seacoast National Bank, has announced a definitive agreement to acquire First Bank of the Palm Beaches.