St. Petersburg-based bank acquires tech platform Ecountabl

Close-up of two business professionals in suits shaking hands during a meeting.

Climate First Bancorp, the holding company for Climate First Bank, has acquired the climate and social justice fintech platform developed by the startup Ecountabl. The platform indexes data on over 10,000 companies, analyzing their environmental, social and governance performance to help customers track how their purchases with brands align with their personal values. The purchase … Read more

Tampa advertising agency acquires production company

Rumbo, a cultural advertising agency in Tampa, has acquired Three Chairs Productions, a video production company that has operated in Tampa since 2013. “The decision was made to unite the two companies into a fully integrated powerhouse advertising agency offering creative, branding, media, strategy, digital and content production,” said George Zwierko, founder and chief executive … Read more

Marketopia acquires London-based marketing firm

Marketopia, a marketing and lead generation company based in Pinellas Park, has acquired Continuity Marketing, a London-based marketing firm that serves managed service providers, vendors and technology companies. The acquisition will help Marketopia expand its presence in London and better serve clients in Europe, the Middle East and Africa. The company opened an office in … Read more

Soma Global’s $22.5M investment named Deal of the Year

The Alliance of M&A Advisors Tampa Bay Chapter has named Soma Global’s massive investment the organization’s 2021 Deal of the Year. Soma Global, a public safety provider company based in Tampa, received a $22.5 million investment from Weatherford Capital, a Tampa-based private firm, in January. Other finalists for Deal of the Year included Dow Sherwood … Read more

Tomlin St Cyr Real Estate Services expands into Venice market with acquisition

Tomlin St Cyr Real Estate Services, one of the top producing brokerages in Hillsborough County, has acquired Gulf Shores Realty, based in Venice. The partnership will result in a combined 89 agents responsible for $376 million in sales and 783 transactions annually, according to a statement. Tomlin St Cyr, founded in 2016, produced $107 million in sales volume in 2020. … Read more

Exclusive: Jason Caras talks IT Authorities’ big acquisition

IT Authorities, a Tampa-based managed service provider and managed security service provider, recently announced that it has been acquired by WidePoint Corp. (NYSE American: WYY), a publicly-traded company that provides trusted mobility solutions, telecom lifecycle management, and access, and identity management services to government entities and Fortune 100 companies. WidePoint serves the Department of Defense, … Read more

BREAKING: Morgan Auto Group acquires Reeves Import Motorcars

Tampa-based Morgan Auto Group has reached an agreement to acquire Reeves Import Motorcars, also based in Tampa. The acquisition is the largest in Morgan Automotive’s history and doubles its footprint in the luxury market, according to Brett Morgan, CEO of Morgan Auto Group (pictured above). In a recent mailing to Reeves customers the Reeves family … Read more

MarineMax acquires Wisconsin-based yacht manufacturer

MarineMax (NYSE: HZO), a boat and yacht retailer based in Clearwater, acquired KCS International, also known as Cruisers Yachts, headquartered in Oconto, Wisconsin. Cruisers Yachts produces models from 33’ to 60’ feet. The company recently announced the expansion of its production capacity by purchasing a 216,000 square foot, purpose-built boat manufacturing plant in Pulaski, Wisconsin, … Read more

Florida Blue parent company acquires New Directions

Close-up of two business professionals in suits shaking hands during a meeting.

GuideWell Mutual Holding Corp., the parent company of Florida Blue, acquired New Directions Behavioral Health, a managed behavioral health organization headquartered in Kansas City. GuideWell is currently a minority shareholder of New Directions. Through this transaction, GuideWell will acquire all interests from Blue Cross Blue Shield of Kansas City and Blue Cross Blue Shield of … Read more

Prospect Towers in Clearwater sold for $13.5 million

Coral Rock Development Corp. and Arena Capital Holdings, both based in Miami, acquired Prospect Towers in downtown Clearwater for $13.5 million. The senior living high-rise has 208 independent living units and sits on 2.3 acres. Coral Rock and Arena Capital plan to renovate the property, including the interior. Innovation Senior Management will manage operations of … Read more