Latt Maxcy Corporation

Name

Latt Maxcy Corporation

Legal name

Latt Maxcy Corporation

Website

https://lattmaxcy.com

Company type

Private

Founded year

1963

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Lake Wales

HQ country

United States

HQ region

North America

Offices12 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Supply Chain, Others

Revenue model

1. Citrus Operations: The company harvests Valencia and Hamlin round oranges, grapefruit, and specialty fruit that are processed for juice or packed fresh. This represents the core agricultural revenue stream from their 6,000 acres of citrus lands spanning 8 counties in Florida.
2. Banking Services: Citizens Bank and Trust, owned by principals of Latt Maxcy Corporation, generates revenue through traditional banking operations including lending and deposits with approximately $500 million in total assets across twelve branches.
3. Real Estate Development: Maxcy Development Group handles commercial real estate development, property management, and leasing. Holdings include shopping plazas, retail centers, and commercial/residential development projects across Central Florida.
4. Ranch Operations: The company maintains approximately 40,000 acres of ranch lands used for cattle lease operations and active citrus/potato field production.

Distribution channels1 record

Core offering

Latt Maxcy Corporation is a fourth-generation family holding company that operates three core business divisions: Citizens Bank and Trust (community banking with twelve branches and approximately $500 million in total assets), Maxcy Development Group (commercial real estate development, property management, and leasing), and agricultural operations including over 6,000 acres of citrus groves across 8 Florida counties and approximately 40,000 acres of ranch land used for cattle lease operations and active citrus and potato field production.

Product overview

Latt Maxcy Corporation is a family-controlled holding company operating across three primary business divisions: Citizens Bank and Trust (a community banking institution with $500M in assets and 12 branches), Maxcy Development Group (real estate development offering land acquisition, entitlements, development, construction, marketing, sales, leasing and property management), and Agriculture operations (citrus groves spanning 6,000+ acres across 8 Florida counties and ranch land exceeding 40,000 acres). The company functions as a diversified portfolio of businesses rather than a unified technology product platform.

Differentiator

Problem solved

Functional benefit

Brands

• Maxcy Development Group: The real estate division of Latt Maxcy Corporation, recognized as a leader in real estate development, handling land acquisition, entitlements, planning, development, construction, marketing, sales, leasing and property management.

Products and services

• Citizens Bank and Trust A family-owned community banking institution with approximately $500 million in total assets and twelve branches across Polk County, Florida, offering lending expertise and traditional banking services including lending and deposits to individuals and businesses in communities including Frostproof, Lake Wales, Haines City, Dundee, Lakeland, Bartow, Winter Haven, and Auburndale.
• Maxcy Development Group The real estate development division of Latt Maxcy Corporation, providing land acquisition, entitlements, planning, development, construction, marketing, sales, leasing, and property management services. Recognized as a leader in real estate development, the group handles operational properties including Citizens Branch Properties (Auburndale, Winter Haven, Haines City, Lakeland), Palmer Crossing Shopping Plaza (Sarasota), Lost Lake Retail (Clermont), and Riverview Town Centre (Riverview), as well as development-in-progress projects such as Lost Lake Reserve (423-acre mixed-use development) and Riverview West.
• Citrus Grove Operations Agricultural operations managing over 6,000 acres of citrus lands across 8 counties in Florida, producing Valencia and Hamlin round oranges, grapefruit, and specialty fruit for juice processing and fresh packing. All grove divisions follow the Best Management Practice (BMP) program outlined by IFAS and utilize modern chemical and fertilizer application technologies, providing the most geographically diverse citrus operations in Florida.
• Latt Maxcy Ranch Ranch operations spanning over 40,000 acres along the Kissimmee River and SR 60 in central Florida, featuring active citrus and potato field production, with access to both coasts and major Florida markets and ports.

Segments1 record

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered minor and core.

• Pugliese CompanyminorOthers · 1 January 2005In 2005, the company sold approximately 27,000 acres of ranch lands to Pugliese Company for future development.
• South Florida Water Management District (SFWMD)minorOthers · 1 January 1997In 1997, the company sold 45,000 acres of ranch land to the State of Florida (through SFWMD) and began diversification into commercial real estate. Previously, 35,000 acres were sold to SFWMD in the mid-1990s for the Kissimmee River Project.
• Maxcy Development GroupcoreOthers · 1 January 1992Maxcy Development Group is the real estate division of Latt Maxcy Corporation, recognized as a leader in real estate development. The company utilizes expertise in land acquisition, entitlements, planning, development, construction, marketing, sales, leasing and property management. Latt Maxcy contracts with Maxcy Development Group in Tampa to manage all non-agriculture related real estate holdings.
• Citizens Bank and TrustcoreOthersPrincipals of Latt Maxcy Corporation own and operate Citizens Bank and Trust, a respected banking institution that has thrived for more than 90 years without a merger or sell-out. The bank started in 1920 by entrepreneur Latt Maxcy and has remained family owned. The Wilson family owns 99% of Citizens Bank and Trust.
• Florida Land CouncilminorOthersPat Wilson, on behalf of Latt Maxcy Corporation, became a founding member of what is known today as the Florida Land Council. The Council unites farmers with large land holdings to represent landowners' concerns in Tallahassee. Total acreage under membership is 2.5 million, representing 7.2% of all acreage in Florida.

Scale indicators7 records

Recent moves11 records

Expansion highlights4 records

Emerging players

• Consolidated Citrus Limited Partnership: Florida citrus operator with grove management, harvesting, and fresh fruit packing — overlapping with Latt Maxcy's citrus operations across the same Florida geography.

Direct peers

• U.S. Sugar Corporation: Major Florida agricultural producer controlling large tracts of land along the southern shore of Lake Okeechobee, with operations in citrus, sugarcane, and land management — a comparable large-scale Florida agricultural operator.
• Alico Inc. Florida-based agribusiness and land management company with citrus operations, cattle ranching, and real estate holdings — structurally the closest publicly traded analogue to Latt Maxcy's diversified Florida portfolio.
• Lykes Brothers Inc. Multi-generation, family-owned Florida enterprise with diversified holdings in agriculture, ranching, real estate, and energy — matching Latt Maxcy's family-controlled, multi-sector Florida operating model.
• Ben Hill Griffin Inc. Florida-based citrus and cattle operations with substantial land holdings, founded by a Florida citrus Hall of Fame inductee — directly comparable to Latt Maxcy's citrus and ranch roots.
• King Ranch Inc. Family-owned diversified enterprise with cattle ranching, agriculture, and real estate holdings across multiple geographies — comparable to Latt Maxcy as a multi-generation, family-controlled diversified operating company.
• Deseret Ranches of Florida: One of the largest contiguous private ranches in the U.S., located in Central Florida and operated by a family-affiliated entity — directly comparable as a large-scale Central Florida ranch operator.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Latt Maxcy Corporation