Money Makers Mentor

Enterprise and Seacoast Merger – The Buttonwood Tree

A merger proposal was put forward that would see Enterprise Financial Services Corp (NASDAQ: EFSC) and Seacoast Commerce Banc Holdings (OTCM: SCBH) combine with Enterprise surviving the merger. On August 20, Seacoast entered into an agreement and plan of merger with Enterprise. If it is completed, Seacoast Commerce Banc Holdings will become part of Enterprise Financial Services Corp, and Seacoast Commerce Bank will become part of Enterprise Bank & Trust. Seacoast Commerce Bank is a wholly-owned subsidiary of Seacoast Commerce Banc Holdings, and Enterprise Bank & Trust is a wholly-owned subsidiary of Enterprise Financial Services Corp.

The S-4 form, filed with the SEC, can be seen here. Seacoast shareholders are required vote on the merger. However, the exact date that the vote…

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