Odevo Acquires Seacrest Services and PBM in Florida

Seacoast Acquires Sabal Palm Bancorp and Business Bank of Florida

August 23, 2021

Financial Services

Seacoast Banking Corporation of Florida entered into definitive agreements to acquire Sabal Palm Bancorp, Inc. (parent of Sabal Palm Bank) and Business Bank of Florida, Corp. (parent of Florida Business Bank). The two community banks will be merged into Seacoast Bank, expanding Seacoast's footprint in Sarasota and Brevard County and adding roughly $600 million in assets; the deals are expected to be accretive to earnings in 2022/2023.

CVC Joins Fidelio as Investor in Odevo

August 28, 2024

Real Estate

CVC Capital Partners has agreed to join the investor group led by Swedish investment firm Fidelio and Odevo’s management team, taking a stake in tech‑enabled residential property manager Odevo. The investment (from CVC Fund IX) will support Odevo’s international growth and service innovation; closing is expected in Q4 2024 pending regulatory approval. Odevo manages over 1.4 million homes, employs more than 7,000 people and reported annual turnover of about EUR 650 million.

Seabreeze Management Company Acquires Amber Property Management

August 6, 2024

Real Estate

Seabreeze Management Company has acquired Amber Property Management, a full-service property management firm based in Mission Viejo, California. The deal expands Seabreeze's team to over 700 colleagues and is part of Seabreeze's strategic growth plan to broaden its residential and commercial management footprint and resources.

Seacoast Banking Corporation of Florida Acquires Apollo Bancshares, Inc.

March 29, 2022

Financial Services

Seacoast Banking Corporation of Florida signed a definitive agreement to acquire Apollo Bancshares, Inc., the parent of Miami-based Apollo Bank, expanding Seacoast's presence in Miami‑Dade County. Apollo operates five branches with approximately $928 million in deposits and $665 million in loans; the all‑stock deal (fixed exchange ratios) was valued at about $168.3 million based on Seacoast's March 28, 2022 closing price and was expected to close in Q4 2022.

AvevoRx Acquires Infupharma to Expand Specialty Infusion Presence in Florida

April 1, 2024

Healthcare Services

AvevoRx, an independent specialty infusion pharmacy provider headquartered in Greensboro, North Carolina, has acquired Hollywood, Florida–based Infupharma, Inc. (retail operations known as Global View Pharmacy), effective April 1, 2024. The deal gives AvevoRx its first presence in Florida, expanding geographic reach, payor access, and specialty infusion and compounding capabilities for patients in the state.

Seacoast Banking Corporation of Florida Acquires Legacy Bank of Florida

March 23, 2021

Financial Services

Seacoast Banking Corporation of Florida (Seacoast) signed a definitive agreement to acquire Legacy Bank of Florida, merging Legacy into Seacoast Bank to expand Seacoast’s presence in Broward and Palm Beach counties. Legacy Bank operates five branches with approximately $432 million in deposits and $482 million in loans as of December 31, 2020; Legacy shareholders will receive Seacoast stock in the transaction.