Old Florida Money
The Florida Deal Map
Florida business deals, sourced: who bought, sold, raised or lent what, for how much, and who advised. By county, sector and type.
As of
20 deals in 7 counties: 5 acquisitions, 3 take-privates, 8 financings, 1 IPO, 2 real estate deals, 1 fund.
Melbourne's L3Harris closes a $1.0 billion notes sale
$1.0 billion notes principal · Defense
L3Harris Technologies closed the sale of $500 million of 5.200% notes due 2029 and $500 million of 5.400% notes due 2032.
- Parties
- L3Harris Technologies, Inc. (issuer)
- Advisers
- Citigroup Global Markets Inc., underwriter for the offering; Scotia Capital (USA) Inc., underwriter for the offering; U.S. Bancorp Investments, Inc., underwriter for the offering; Wells Fargo Securities, LLC, underwriter for the offering
- Source
Carrier sells $1.5 billion of notes to refinance debt
$1.5 billion notes principal · Industrial
Carrier Global completed an offering of $750 million of 5.000% notes due 2029 and $750 million of 5.350% notes due 2033. It intends to use the money to refinance debt, including notes due Feb. 15, 2027, with any remainder for general corporate and working capital purposes.
- Parties
- Carrier Global Corporation (issuer)
- Advisers
- Morgan Stanley & Co. LLC, underwriting manager for the offering; J.P. Morgan Securities LLC, underwriting manager for the offering; BofA Securities, Inc., underwriting manager for the offering; Goldman Sachs & Co. LLC, underwriting manager for the offering
- Source
Kraft Heinz to sell control of its coffee business, Jacksonville plant included
$650 million enterprise value · Food and drink
Kraft Heinz agreed to sell its North America coffee business, including Maxwell House and its coffee plants in Jacksonville and Vancouver, to an affiliate of One Rock Capital Partners at an enterprise value of $650 million. Kraft Heinz would keep a 30% stake. The Jacksonville Daily Record reports the plant on East Bay Street is the brand's last U.S. plant. Closing is expected in mid-2027.
- Parties
- The Kraft Heinz Company (seller); One Rock Capital Partners (affiliate) (buyer)
- Advisers
- Rothschild & Co, financial adviser for Kraft Heinz; Centerview Partners LLC, financial adviser for Kraft Heinz; McGuireWoods LLP, legal adviser for Kraft Heinz; Deutsche Bank Securities Inc., financial adviser for One Rock; Fifth Third Securities, financial adviser for One Rock; Latham & Watkins LLP, legal adviser for One Rock
- Sources
Carnival sets up a $2.0 billion commercial paper program
$2.0 billion program limit · Leisure and travel
Carnival Corporation Ltd. set up a program to issue short-term unsecured notes of up to 180 days, with no more than $2.0 billion outstanding at any time, guaranteed by Carnival UK. It plans to use its revolving credit facility as a liquidity backstop.
- Parties
- Carnival Corporation Ltd. (issuer)
- Source
Winter Park's Alpine Income buys 13 industrial properties for $117.3 million
$117.3 million purchase price · Real estate
Alpine Income Property Trust completed its purchase of a 13-property industrial portfolio for $117.3 million. The properties total about 1.9 million square feet in 11 states and are fully leased to nine tenants.
- Parties
- Alpine Income Property Trust, Inc. (buyer)
- Source
Miami's I Squared joins Avolon and Abu Dhabi's fund in a plane leasing venture
$1.4 billion portfolio value · Aviation
Avolon, I Squared Capital and the Abu Dhabi Investment Authority agreed to form Constellation Aviation, an aircraft leasing investment platform expected to start with a $1.4 billion portfolio of 22 aircraft from Avolon. I Squared is headquartered in Miami. The venture still needs regulatory approvals.
- Parties
- I Squared Capital (investor); Abu Dhabi Investment Authority (subsidiary) (investor); Avolon (seller and manager)
- Advisers
- Mizuho, financial adviser for the investors; Milbank LLP, legal counsel for the investors; Clifford Chance, legal counsel for Avolon
- Sources
MarineMax clears regulators for its Safe Harbor buyout; shareholders vote Nov. 11
about $1.5 billion enterprise value · Leisure and travel
MarineMax, the Oldsmar boat retailer and marina operator, reported that every regulatory approval for its sale to an affiliate of Safe Harbor Marinas, a Blackstone Infrastructure portfolio company, was in hand by Oct. 31. Shareholders vote Nov. 11. The deal, announced Aug. 10 at $53.00 a share in cash, carries an enterprise value of about $1.5 billion.
- Parties
- MarineMax, Inc. (target); Safe Harbor Marinas (affiliates) (buyer); Blackstone Infrastructure Partners (owner of the buyer)
- Advisers
- Wells Fargo, financial adviser for MarineMax; Sidley Austin LLP, legal counsel for MarineMax; Evercore, financial adviser for Safe Harbor; Simpson Thacher & Bartlett LLP, legal counsel for Safe Harbor
- Sources
Thrive Holdings agrees to take Boca Raton's ADT private
$15.3 billion enterprise value · Consumer services
ADT agreed to be bought by Thrive Holdings for $10.00 a share in cash, a 45.6% premium to its unaffected Oct. 27 close. The agreement values ADT at about $7.6 billion in equity value and $15.3 billion in enterprise value; funds managed by affiliates of Apollo Global Management are providing the financing. ADT may seek other offers until Nov. 28, and closing is expected in the first quarter of 2027.
- Parties
- ADT Inc. (target); Thrive Holdings (buyer); Apollo Global Management (affiliated funds) (financing)
- Advisers
- Citi, financial adviser for ADT; Goldman Sachs & Co. LLC, financial adviser for ADT; Cravath, Swaine & Moore LLP, legal counsel for ADT; Evercore, financial adviser for Thrive Holdings; Kirkland & Ellis LLP, legal counsel for Thrive Holdings
- Sources
Innisbrook Resort in Palm Harbor goes under contract for $19.8 million
$19.8 million purchase price · Leisure and travel
Salamander Innisbrook agreed to sell the Innisbrook Resort and Golf Club, three condominium units and related assets to Concert Innisbrook and CGP Innisbrook for $19.8 million in cash plus assumed liabilities. The buyer put $1.0 million in escrow on Oct. 30. The sale excludes about 34 acres and related entitlements, retained by the seller or an affiliate for future development.
- Parties
- Salamander Innisbrook, LLC (seller); Concert Innisbrook, LLC and CGP Innisbrook, LLC (buyer)
- Source
St. Petersburg's Superior Group buys a Philippines call center firm for $26.9 million
about $26.9 million purchase price · Business services
Two contact center subsidiaries of Superior Group of Companies, known as The Office Gurus, bought Select VoiceCom, a call center and business process outsourcing provider with sites in Cebu City and Davao in the Philippines, on Oct. 28 for about $26.9 million in cash plus a possible earn-out of up to about $6.4 million. The company paid with borrowings under its credit facility led by PNC Bank.
- Parties
- Superior Group of Companies, Inc. (The Office Gurus subsidiaries) (buyer); EBUS, Inc. and SVCPH, Inc. (Select VoiceCom) (target); PNC Bank, National Association (lead lender of the credit facility used)
- Advisers
- Cross Keys Capital, financial adviser for Superior Group; Hill Ward Henderson, legal counsel for Superior Group; Quisumbing Torres, legal counsel for Superior Group
- Sources
Norwegian Cruise Line signs financing of up to about $5 billion for two new ships
up to about $5.0 billion (two facilities of about $2.5 billion) credit commitment · Leisure and travel
Two subsidiaries of NCL Corporation, part of Norwegian Cruise Line Holdings, signed credit facilities of up to about $2.5 billion each to help pay for two new cruise ships due in 2034 and 2036, with NCL Corporation as guarantor. Crédit Agricole Corporate and Investment Bank is facility agent, and the loans will be insured by SACE, Italy's state export credit agency, subject to conditions.
- Parties
- NCL NextGen Class III Ltd. and NCL NextGen Class IV Ltd. (borrowers); NCL Corporation Ltd. (guarantor); Norwegian Cruise Line Holdings Ltd. (parent); Crédit Agricole Corporate and Investment Bank (facility agent); SACE S.p.A. (insurer of the loans)
- Source
Lennar lifts its revolving credit line to $3.795 billion
$3.795 billion credit commitment · Homebuilding
Lennar amended its unsecured revolving credit facility, raising lenders' commitments to $3.795 billion and pushing most of them out to November 2031. With its accordion feature, potential borrowing capacity rose from $3.5 billion to $4.545 billion. JPMorgan Chase Bank is administrative agent.
- Parties
- Lennar Corporation (borrower); JPMorgan Chase Bank, N.A. (administrative agent)
- Source
West Palm Beach lender Sunrise Realty wins its vote to merge with Southern Realty Trust
Terms not disclosed · Real estate
Stockholders of Sunrise Realty Trust, a commercial real estate lender on the Tannenbaum Capital Group platform, approved issuing about 8.46 million shares for its merger with Southern Realty Trust, and Southern Realty Trust's stockholders approved the merger the same day. The release gives no dollar value for the deal.
- Parties
- Sunrise Realty Trust, Inc. (buyer); Southern Realty Trust Inc. (target)
- Source
Orlando's Darden amends its $1.5 billion revolving credit line
$1.5 billion credit commitment · Restaurants
Darden Restaurants entered into a $1.5 billion amended and restated revolving credit agreement, an unsecured commitment, with Bank of America as administrative agent.
- Parties
- Darden Restaurants, Inc. (borrower); Bank of America, N.A. (administrative agent)
- Source
Miami's Watsco signs a $750 million credit facility
$750 million credit commitment · Industrial
Watsco entered into an unsecured, five-year $750.0 million syndicated multicurrency credit agreement with Bank of America as administrative agent, replacing its $600.0 million revolving facility from 2023.
- Parties
- Watsco, Inc. (borrower); Bank of America, N.A. (administrative agent)
- Source
Jacksonville's Dream Finders Homes completes its Beazer Homes purchase
about $2.2 billion enterprise value · Homebuilding
Dream Finders Homes completed its all-cash acquisition of Beazer Homes USA at an enterprise value of about $2.2 billion; Beazer holders received $33.50 a share, and Beazer stock left the New York Stock Exchange. Dream Finders says the deal makes it the sixth-largest U.S. homebuilder.
- Parties
- Dream Finders Homes, Inc. (buyer); Beazer Homes USA, Inc. (target)
- Advisers
- Goldman Sachs & Co. LLC, financial adviser for Dream Finders; BofA Securities, financial adviser for Dream Finders; Zelman Partners, financial adviser for Dream Finders; Vestra Advisors, financial adviser for Dream Finders; Foley & Lardner LLP, legal counsel for Dream Finders; J.P. Morgan Securities LLC, financial adviser for Beazer; Moelis & Company LLC, financial adviser for Beazer; King & Spalding LLP, legal counsel for Beazer
- Sources
Construction Partners buys Palm Coast's Cline Construction
Terms not disclosed · Construction
Construction Partners, the Dothan, Ala., infrastructure builder, acquired S.E. Cline Construction, a Palm Coast site development and underground utility contractor. The release says about 60 employees and a permitted asphalt plant site in Bunnell come with it, and the business joins its Florida company, C.W. Roberts Contracting. The release gives no price.
- Parties
- Construction Partners, Inc. (buyer); S.E. Cline Construction, Inc. (target)
- Sources
SoftBank completes its purchase of Boca Raton's DigitalBridge
about $3.1 billion equity value · Finance and investing
SoftBank Group completed its acquisition of all the common stock of DigitalBridge Group, the Boca Raton digital infrastructure investment firm, for about $3.1 billion. DigitalBridge holders received $16.00 a share in cash, and the company is now a SoftBank subsidiary. The deal was announced Dec. 29, 2025, at an enterprise value of about $4.0 billion.
- Parties
- DigitalBridge Group, Inc. (target); SoftBank Group Corp. (buyer)
- Sources
Coral Gables' Amerant Bancorp closes a $50 million notes sale
$50 million notes principal · Banking
Amerant Bancorp closed an offering of $50 million of 7.00% senior notes due 2031, priced Sept. 15 and underwritten by Raymond James.
- Parties
- Amerant Bancorp Inc. (issuer)
- Advisers
- Raymond James & Associates, Inc., underwriter for the offering; Akerman LLP, legal opinion for Amerant
- Source
West Palm Beach's Haymaker Acquisition Corp V prices a $250 million IPO
$250 million offering size · Finance and investing
Haymaker Acquisition Corp V, a blank check company with offices in West Palm Beach, offered 25 million units at $10.00 each, $250 million in all, under a prospectus dated Sept. 16. Under the prospectus, the $250 million goes into a trust account.
- Parties
- Haymaker Acquisition Corp V (issuer)
- Advisers
- Cantor Fitzgerald & Co., joint book-running manager for the offering; William Blair, joint book-running manager for the offering; Roth Capital Partners, LLC, co-manager for the offering
- Source
How this list is made
Florida business deals announced, signed, priced, approved or closed from Sept. 1, 2026 through the date at the top of this page: acquisitions, take-privates, financings, IPOs, real estate and funds. A deal is listed when a Florida company is a party or a Florida asset changes hands. Home sales are never listed.
Every deal cites at least one primary source, a filing with the U.S. Securities and Exchange Commission or the company's own release, and was checked against it. Each figure carries its basis (enterprise value, equity value, purchase price, credit commitment, notes principal, offering size and so on), and figures on different bases are never added together. Advisers appear only where a source names them. Terms not disclosed means the sources give no price.
The list is refreshed with the Friday edition. Corrections: reply to any Old Florida Money email and we will fix the row and say so here. This is news, not investment, legal or tax advice.
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