Enterprise Financial Services, Seacoast Commerce Banc sign merger deal

Enterprise Financial Services, Seacoast Commerce Banc sign merger deal

US bank holding companies Enterprise Financial Services (EFSC) and Seacoast Commerce Banc (SCBH) have signed a $156 million worth deal to create a leading small business administration lender (SBA lender) in the country. As per the terms of the all-stock deal, Enterprise Financial Services will acquire Seacoast Commerce Banc for $15.8 per share. The combined […]