Alston & Bird Related Content

Goldman Sachs Sells GreenSky to Sixth Street-Led Consortium

Goldman Sachs entered into an agreement to sell its GreenSky platform and associated loan assets to a consortium of institutional investors led by Sixth Street. The transaction is expected to close in Q1/24, subject to standard closing conditions. read more

Seacoast Completes Acquisition of Sabal Palm Bank and Florida Business Bank

Seacoast Banking Corporation of Florida, the holding company for Seacoast National Bank, completed its acquisitions of Sabal Palm Bancorp, the parent company of Sabal Palm Bank, and of Business Bank of Florida, the parent company of Florida Business Bank, effective Jan. 3. read more

Seacoast Bank Acquires Sabal Palm Bank and Florida Business Bank

Seacoast Banking Corporation of Florida, the holding company for Seacoast Bank, entered into agreements to acquire Sabal Palm Bancorp, parent company of Sabal Palm Bank, and Business Bank of Florida, parent company of Florida Business Bank. read more

Seacoast Bank Completes Acquisition of Legacy Bank of Florida

Seacoast Banking Corporation of Florida, the holding company for Seacoast Bank, completed its acquisition of Legacy Bank of Florida, effective Aug. 6, pursuant to the merger of Legacy Bank with and into Seacoast Bank. read more

Ali Group and Welbilt Enter Merger Agreement, Transaction Valued at $3.5B

Ali Group, a manufacturer of foodservice equipment, and Welbilt entered into a definitive merger agreement under which Ali Group will acquire Welbilt in an all-cash transaction for $24 per share, or approximately $3.5 billion in aggregate equity value and $4.8 billion in enterprise value. read more

Ali Group Proposes Acquisition of Welbilt

Ali Group, an international provider of foodservice equipment, submitted a proposal to the board of directors of Welbilt under which it would acquire all of the outstanding shares of Welbilt common stock for $23 per share in cash. read more

SmartFinancial Acquires Fountain Leasing

SmartBank, the banking subsidiary of SmartFinancial, entered into a definitive agreement to acquire Fountain Leasing. The acquisition of Fountain Leasing will provide SmartBank with a specialty lending platform that offers construction equipment financing to small and medium sized businesses. read more

BancorpSouth Bank and Cadence to Combine in Merger Valued at More Than $6B

BancorpSouth Bank and Cadence Bancorporation, the parent company of Cadence Bank, entered into a merger agreement under which the companies will combine in an all-stock merger with a total market value of more than $6 billion. read more

Seacoast Bank Acquires Legacy Bank of Florida

Seacoast Banking Corporation of Florida, the holding company for Seacoast National Bank, signed a definitive agreement to acquire Legacy Bank of Florida. read more

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