Tag Archives: Florida Business Mergers and Acquisitions
Acquisition of Treadwell Simpson Partnership to Bolster Florida’s Medical Marijuana Market
Medical marijuana is a growing industry in many states, and Florida is no exception. Last year, medical marijuana sales via dispensaries totaled up to $40 million. This year, that number is expected to reach as high as $235 million. Companies are looking to cash in on this profitability by engaging in mergers and acquisitions…. Read More »
Lennar Corp. to Merge With CalAtlantic Group
Florida’s largest homebuilder is about to get even larger. Lennar Corp., which is currently the largest builder in Florida and the second-largest one in the United States, is in the process of buying out CalAtlantic Group, which is based in Virginia. The transaction is expected to close sometime in February. The merger will make… Read More »
First Citizens Bank Expanding to Florida Through Merger
Two banks—one from Florida and one from North Carolina—have recently decided to merge. The chairmen and chief executive officers of First Citizens Bank and HomeBancorp recently made the announcement that the two companies signed a merger agreement. According to the agreement, North Carolina-based First Citizens Bank will be acquiring HomeBancorp, which is headquartered in… Read More »