Tag: Mergers and Acquisitions

KEYPORT, N.J. /Massachusetts Newswire - National News/ -- This acquisition accelerates the expansion of DCL as a DMS provider within the independent dealer network that it already serves, as well as opens the door for franchised dealers to install Lease Here Pay Here (LHPH) as a separate department within their dealerships, much like F&I departments created in the late '70s.

DALLAS, Texas /Massachusetts Newswire - National News/ -- Stack Sports, a global leader in modern sports technology, announced it has added Meridix, an innovative video streaming platform with the industry's most flexible technology, to the Stack Sports ecosystem. Meridix is an unlimited streaming platform for any size team or organization. It simplifies covering sports LIVE at any level, including youth, high school, college, and pro.

SAN DIEGO, Calif. /Massachusetts Newswire - National News/ -- We Inspect, LLC, a global mold inspection, consulting and health technology company, recently acquired Certified Mold Inspections and The Mold Guy. Its acquisitional goal is to unify these individually-owned family businesses under one name and to better serve the community as a whole.

PALO ALTO, Calif. /Massachusetts Newswire - National News/ -- WordSphere LLC, a leading Palo Alto based tech company, announced today the completion of its acquisition of DrupalWare. DrupalWare, a tech company known for its cutting-edge software solutions, is one of the leading Drupal development agencies in the USA, responsible for sites like Tesla and Pfizer.

CENTREVILLE, Va. /Massachusetts Newswire - National News/ -- Avenu Insights & Analytics (Avenu), the global leader in revenue enhancement and administration solutions for state and local governments, today announced the acquisition of LTAS Technologies Inc. (Harmari®), a leading provider of short-term rental identification, monitoring and compliance software and services.

CHICAGO, Ill. /Massachusetts Newswire - National News/ -- EPIC Insurance Brokers and Consultants ("EPIC") announced today that it has acquired Larry Gordon Agency ("LGA"). The acquisition continues the strategic expansion of EPIC's geographic footprint in the Midwest across its life insurance, executive benefits, and financial advisory distribution businesses under the Vanbridge Life and Executive Benefits umbrella.

SAN FRANCISCO, Calif. /Massachusetts Newswire - National News/ -- EPIC Insurance Brokers and Consultants announced it has acquired SLCO LLC, headquartered in Lafayette, California. The acquisition expands EPIC's growing presence in Northern California and adds to its client offerings both regionally and nationally.

LOS ANGELES, Calif. /Massachusetts Newswire - National News/ -- American Range, a privately held manufacturer of commercial and residential cooking appliances, was sold to Hatco, an employee-owned manufacturer of warming, cooking, sanitizing, and cooling equipment. KROST CPAs & Consultants acted as the exclusive financial advisor to American Range in its transaction to Hatco Corporation.

WEST DES MOINES, Iowa /Massachusetts Newswire - National News/ -- EPIC Insurance Brokers and Consultants ("EPIC") announced today that it has acquired The National Benefit Corp ("TNBC"). The acquisition further expands EPIC's geographic footprint in the Midwest across its life insurance, executive benefits, and financial advisory distribution businesses under the Vanbridge Life and Executive Benefits umbrella.

SAN ANTONIO, Texas /Massachusetts Newswire - National News/ -- Effective immediately, Freedom Makers Virtual Services (FMVS) has merged with Re4ormed to create The Forum. The Forum's mission is to grow veteran and military spouse owned businesses by providing an ecosystem of support through "All Calls" and partner offerings.

AVON, Conn. /Massachusetts Newswire - National News/ -- Paragon Insurance Holdings, LLC, in its continuing bid to diversify and expand into the global specialty markets, today announces the acquisition of Reel Media, LLC, a leading provider of insurance solutions for the broader entertainment and sports industries.

LOS ANGELES, Calif. /Massachusetts Newswire - National News/ -- California firm, ProNova Partners, has been chosen to handle the sale of the patent and rights to an easily removable mesh sling based on the natural encapsulation around monofilament wires or its interconnected narrow and flat strips. This encapsulation allows its easy removability.

LOS ANGELES, Calif. /Massachusetts Newswire - National News/ -- ProNova Partners, an L.A. based Mergers and Acquisitions firm, has been selected to oversee investment in or the sale of a patented, groundbreaking ID and security technology. This technology involves iris recognition including in the outdoors under bright sunlight, plus world-leading iris recognition tech secured by crypto wallet.

LOS ANGELES, Calif. /Massachusetts Newswire - National News/ -- Los Angeles-based CPA Firm, KROST CPAs and Consultants announced Paren Knadjian as Principal of M&A and Capital Markets and Brad Pauley as Principal of Tax. Knadjian has successfully completed over 200 M&A and Capital Markets transactions worth over $1 billion.

JACKSON, Miss. /Massachusetts Newswire - National News/ -- KLLM Transport Services (KLLM), one of the leading temperature-controlled, truckload carriers in North America, has acquired refrigerated transporter Quest Global Inc., located in Cartersville, Georgia.

HOUMA, La. /Massachusetts Newswire - National News/ -- FMTC Safety is continuing its global expansion in the Offshore, Wind, Maritime, and Industry sectors by acquiring Houma-based On-Site Training & Instruction. With this acquisition, the Houma location now offers certified OPITO training, a safety training for Oil, Gas, and Occupational Safety and Health Administration (OSHA) workers.

OWINGS MILLS, Md. /Massachusetts Newswire - National News/ -- Sales Boomerang, the mortgage industry's top-rated automated borrower intelligence and retention system, and Mortgage Coach, a platform empowering mortgage lenders to educate borrowers with interactive home loan presentations, today announced their merger and the appointment of SaaS executive Richard Harris as CEO.

TOLEDO, Ohio /Massachusetts Newswire - National News/ -- Ground Penetrating Radar Systems, LLC (GPRS) has acquired TruePoint Laser Scanning, LLC. TruePoint Laser Scanning is a leading provider of 3D laser scanning services to the architecture, engineering, and construction industry.

SAN FRANCISCO, Calif. /Massachusetts Newswire - National News/ -- EPIC Insurance Brokers and Consultants (EPIC) announced today that it has acquired Dixon Wells, Inc. (Dixon Wells) in a strategic move to expand EPIC's geographic footprint in the life insurance, executive benefits, and financial advisory distribution businesses under the Vanbridge Life and Executive Benefits umbrella.

LOS ANGELES, Calif. /Massachusetts Newswire - National News/ -- ProNova Partners, a Los Angeles based, 25-year-old Mergers and Acquisitions (M&A) firm has announced their commission to facilitate the sale of a new, patented device to lower mortality and other risks in specific, major heart surgery procedures.

LOS ANGELES, Calif. /Massachusetts Newswire - National News/ -- Intellimedia Networks, Inc., a Los Angeles based immersive solutions technology company, today announced that certain of its IP has been acquired by Frontera Group, Inc. (OTC Pink: FRTG) ("Frontera" or "the Company"), a Dallas, Texas based technology-focused strategic acquirer of revenue-generating companies and intellectual property (IP), as part of its multi-part strategy to make further acquisitions from Intellimedia's suite of technology solutions.

SAN FRANCISCO, Calif. /Massachusetts Newswire - National News/ -- EPIC Insurance Brokers and Consultants announced today that it has acquired Treloar & Heisel located in New Castle, Pennsylvania. The strategic decision expands the offerings of financial planning and insurance services to medical and dental professionals.

STILLWATER, Okla. /Massachusetts Newswire - National News/ -- The Z-Team, a mortgage banking branch based in Stillwater, Oklahoma, has joined independent mortgage company Sente Mortgage, the company announced today. Branch Manager Eric Zanotelli and his team bring deep industry knowledge and a commitment to exceptional, accessible, and engaging service to the Oklahoma market and beyond.

AVON, Conn. /Massachusetts Newswire - National News/ -- Paragon Insurance Holdings, LLC, a national MGA based in Avon, Connecticut, announces today the acquisition of New Energy Risk (NER), an insurance solutions provider to a wide range of energy technologies and related infrastructure projects and technologies that accelerate the energy transition.

NORWALK, Conn. /Massachusetts Newswire - National News/ -- After, Inc., the leading customer experience technology company providing post-sale software and services to the world's top manufacturers, retailers, and ecommerce sellers, just announced its acquisition of Accentf(x) Marketing.

SAN DIEGO, Calif. /Massachusetts Newswire - National News/ -- Matrix Networks announced its recent acquisition of LANtelligence to create a new business venture enabling a powerful combination of modern business technology. Having informally shared resources for more than 10 years, it just made sense for these two companies to come together in a more structured way.

LOS ANGELES, Calif. /Massachusetts Newswire - National News/ -- KROST CPAs and Consultants reported a record year of M&A advisory work in 2021 and expects to remain equally busy in 2022. "We were involved in 21 buy-side and sell-side transactions in 2021," said Paren Knadjian, Head of M&A and Capital Markets at KROST.

PEACHTREE CORNERS, Ga. /Massachusetts Newswire - National News/ -- Capstone Logistics, LLC ("Capstone" or the "Company"), a leading provider of end-to-end supply chain solutions, announced today that it has acquired Insource Performance Solutions, LLC ("Insource") for cash from management. Insource is a Charlotte, North Carolina-based warehouse services company providing a range of value-added, outsourced services to distribution centers.

SAN FRANCISCO, Calif. /Massachusetts Newswire - National News/ -- Edgewood Partners Insurance Center d.b.a. EPIC Insurance Brokers & Consultants (EPIC) announced today that it has acquired Oversea Insurance Agency trading as Oversea Yacht Insurance (Oversea). Oversea is based in San Diego, CA and Ft Lauderdale, FL.

WASHINGTON, D.C. /Massachusetts Newswire - National News/ -- Galway Holdings ("Galway") today announced its acquisition of Virginia-based Simatree, a strategic advisory firm specializing in data, analytics, technology consultation and digital transformation. Fast-growing, Simatree has won multiple awards for its innovative and transformational digital and analytics solutions, founded by Patrick McCreesh, Wes Flores and Jay Williams, former NBA player and current television analyst.

DALLAS, Texas /Massachusetts Newswire - National News/ -- Stack Sports, a global leader in modern sports technology, today announced it will add Team App, the Australia-based leader in team communications, to the Stack Sports ecosystem. More than 30,000 club and league administrators and 200 National Governing Bodies or Professional Franchises power their success with Stack Sports.

CAROL STREAM, Ill. /Massachusetts Newswire - National News/ -- Effective November 1, 2021, TEAM Concept Printing, a Carol Stream, IL based commercial printer, has acquired Guardsman Laminating. The acquisition is the latest move in a long line of investments that TEAM Concept Printing has made to bolster their reputation as a one site full-service commercial printing provider.

DALLAS, Texas /Massachusetts Newswire - National News/ -- Infinity Financial Group announced its recent role as financial advisor to Kinley Construction Group, LTD. (KCG) during a majority purchase of its existing stakeholders. Jimmy Kinley, the newly-elected CEO of KCG, is now the firm's primary equity partner, along with his sister, Katherine Kinley and Rennie and Josh Crisafulli.

LEHI, Utah /Massachusetts Newswire - National News/ -- SimpleNexus, developer of the leading homeownership platform for loan officers, borrowers, real estate agents and settlement agents, today announced its acquisition of Macon, Georgia-based software firm LBA Ware™. The strategic transaction, SimpleNexus' first, brings together 325 employees in 29 states to serve 425 distinct lender customers and dozens of mortgage technology integration partners.

CINCINNATI, Ohio /Massachusetts Newswire - National News/ -- Ohio Clean Cans, LLC, a leading provider of residential garbage can cleaning and pressure washing services, has entered into a definitive agreement to acquire the assets of Cincy Bins, LLC.

SAN FRANCISCO, Calif. /Massachusetts Newswire - National News/ -- Galway Holdings ("Galway") today announced its investment in MAI Capital Management, LLC ("MAI") has officially closed. Retaining the MAI Capital Management name, the firm now operates as a part of the Galway Companies.

LOS ANGELES, Calif. /Massachusetts Newswire - National News/ -- The Valley Relics Museum of Van Nuys, California, has acquired a collection of 3,000 advertising characters once housed in the galleries of the Museum of Modern Mythology in San Francisco, founder Tommy Gelinas announced today.

CENTER POINT, Iowa /Massachusetts Newswire - National News/ -- Two long standing dealerships located in Center Point, IA have been purchased and are now owned and operated by the newly formed Sky Auto Mall. Formerly Junge Ford and Junge Chrysler Dodge Jeep RAM will now be owned by Alex Tovstanovsky, Dealer Principal and General Manager of Sky Auto Mall.

SAN FRANCISCO, Calif. /Massachusetts Newswire - National News/ -- Galway Holdings ("Galway") today announced its investment in MAI Capital Management LLC ("MAI"). The move adds a new business vertical in financial and wealth management services to complement existing business relationships within EPIC Insurance Brokers & Consultants as well other areas of specialization across all Galway platforms.

LOS ANGELES, Calif. /Massachusetts Newswire - National News/ -- Integrity Bio, Inc., a privately held formulation and fill-finish organization, was sold to Curia (formerly Albany Molecular Research, Inc. (AMRI)), a Contract Development and Manufacturing Organization (CDMO) and leading global provider of advanced contract research, development, and manufacturing solutions. KROST, a Los Angeles-based firm, acted as the exclusive financial advisor to Integrity Bio in the transaction.

TOLEDO, Ohio /Massachusetts Newswire - National News/ -- Ground Penetrating Radar Systems, LLC ("GPRS"), has acquired New York Leak Detection, a leading provider of utility locating and leak detection services. New York Leak Detection has been serving clients in the Northeast for 19 years.

RIVERSIDE, Ill. /Massachusetts Newswire - National News/ -- NationDigital.io is now a Social Enterprise venture of the EveryLibrary Institute, NFP, a non-partisan library-focused 501(c3) organization dedicated to the future of libraries and literacy across the globe. This acquisition will allow us to expand what we're able to offer you!

NEW YORK, N.Y. /Massachusetts Newswire - National News/ -- Jencap Group, LLC (Jencap), the wholesale program management and binding authority business of Galway Insurance Holdings LP (Galway), has acquired London-based Worldwide Hole 'N One Ltd. (WHNO).

TORRANCE, Calif. /Massachusetts Newswire - National News/ -- ICE Mortgage Technology™, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced it will deploy an eVault solution for secure storage of digital mortgages and notes, based upon technology acquired from DocMagic, Inc.

CHEYENNE, Wyo. /Massachusetts Newswire - National News/ -- Encore Green Environmental Technologies & Licensing (EGETL) announces the purchase of water treatment technology equipment formerly known as NOMAD from XRI/Fountain Quail.

SAN FRANCISCO, Calif., Feb. 4, 2021 (SEND2PRESS NEWSWIRE) -- EPIC Holdings, Inc. (EPIC) announced today that it has agreed to acquire Pharmaceutical Strategies Group (PSG). The move incorporates the expertise and resources of the nation's largest independent pharmacy benefit consulting firm into EPIC's Employee Benefits Consulting practice.

WARRENTON, Va. and Pittsburgh, Pa., Feb. 2, 2021 (SEND2PRESS NEWSWIRE) -- Pulsar Global Solutions, a wholly owned subsidiary of Valentis, a defense and risk management firm, announces the acquisition of Blueshield Security and Investigations, LLC based in Warrenton, VA. The acquisition by Pulsar Global brings to realization the investigation unit of Valentis Security.

PHILADELPHIA, Pa., Jan. 14, 2021 (SEND2PRESS NEWSWIRE) -- UniversalCIS, a market leader in technology and solutions to the mortgage industry, is pleased to announce the acquisition of mortgage technology provider SharperLending. The SharperLending transaction, which follows the merger of Universal Credit, CIS Credit Solutions, and Avantus, provides further enhancements to the technology platform for UniversalCIS.

TAIPEI and ATLANTA, Ga., Jan. 13, 2021 (SEND2PRESS NEWSWIRE) -- Nocera, Inc. (OTC:NCRA) ("Company") today announced that it has formally signed Variable Interest Entity ("VIE") agreements with Xin Feng Construction Co. Ltd., (XFC) a Taiwan construction firm, and Shunda Feed Co., Ltd., (SFC) a Taiwan aquaculture feed firm resulting in 100% controlling interest in both companies.

PALO ALTO, Calif., Dec. 22, 2020 (SEND2PRESS NEWSWIRE) -- Fanplayr, a leader in online behavioral personalization, announced it has acquired Jamu Incorporated, a reseller and development firm based in Tokyo, Japan. The acquisition represents the fulfillment of a long-term relationship between Fanplayr and Jamu Inc.

TAMPA and ORLANDO, Fla., Dec. 11, 2020 (SEND2PRESS NEWSWIRE) -- Three Central Florida podiatric practices announced they have entered into a definitive merger agreement to create the new Modern Foot & Ankle®. The combined medical group will provide patients with additional board-certified physicians, a brand-new location, and the miniBunion™ system, a groundbreaking, minimally-invasive procedure for bunion correction.

JACKSONVILLE, Fla., Dec. 4, 2020 (SEND2PRESS NEWSWIRE) -- PARAGON Wealth Strategies, a Fee-Only Registered Investment Advisor and comprehensive wealth management firm, has acquired Mellen Money Management - a fee only financial planning firm specializing in investment management and life-stages planning for growing families.

SAN FRANCISCO, Calif., Dec. 2, 2020 (SEND2PRESS NEWSWIRE) -- Galway Insurance Holdings ("Galway"), the holding company for EPIC Brokers & Consultants ("EPIC") and JenCap Holdings ("JenCap"), which together represent one of the nation's largest insurance distribution firms, announced today that it has signed a definitive agreement with vehicles controlled by Harvest Partners, LP and its affiliates ("Harvest") for a majority interest of Galway.

CARROLLTON, Texas, Nov. 9, 2020 (SEND2PRESS NEWSWIRE) -- EGW Utilities, Inc. has acquired Buy Wholesale Company, LLC (BWC) of Montgomery, Texas. BWC was founded by Karl Knapp in 1985. He and his wife, Tracy, operated it until its acquisition on October 30, 2020. The procurement of BWC greatly increases EGW's waterworks and plumbing product offerings.

PEACHTREE CORNERS, Ga., Nov. 3, 2020 (SEND2PRESS NEWSWIRE) -- LoadDelivered Logistics, a leading food and beverage specialized third-party logistics (3PL) company, announced today that it is rebranding following its acquisition by Capstone Logistics. The company will now operate as Capstone Logistics' freight management solution.

NEW YORK, N.Y., Oct. 27, 2020 (SEND2PRESS NEWSWIRE) -- Few understand the importance of fostering entrepreneurship at an early age quite like Dylan Gambardella and Justin Lafazan. Next Gen's co-founders credit their entrepreneurial success to their learnings - and failures - in launching businesses while still in high school. That is why Next Gen HQ is announcing its acquisition of TrepStart Independent Youth to encourage high school entrepreneurship.

NORTH KANSAS CITY, Mo., Sept. 24, 2020 (SEND2PRESS NEWSWIRE) -- Foley Group, Inc. and Convergence Partners, Inc., announced today the completion of the merger of their companies to offer the electrical industry a unified resource for virtually all their products, services, and design needs. The merged business will operate under the Convergence Partners brand.

PITTSBURGH, Pa., Aug. 4, 2020 (SEND2PRESS NEWSWIRE) -- Pittsburgh Electrical Insulation, Inc. (PEI) is pleased to announce the acquisition of the Electrical Products Division of Fibertek, Inc. of Franklin, Tenn. Fibertek is a manufacturer of leading-edge specialty fiberglass tapes and high-performance laminates for electrical insulation applications in electric motors, generators, and transformers.

LOS ANGELES, Calif., July 30, 2020 (SEND2PRESS NEWSWIRE) -- IntelliMedia Networks Inc., a leading provider of streaming media distribution and immersive training technology, acquired GlobalMLX, a Canadian supply-chain security training and certification consulting firm for an undisclosed amount.

ROCKVILLE CENTRE, N.Y., July 28, 2020 (SEND2PRESS NEWSWIRE) -- Rock Center Financial Partners, LLC announced today that they have recently published a book, "Mergers & Acquisitions: Crushing It as a Corporate Buyer in the Middle Market" (ISBN: 978-1735052205) aimed at helping companies improve their ability to execute successful mergers and acquisitions ("M&A").

CHICAGO, Ill., June 12, 2020 (SEND2PRESS NEWSWIRE) -- Matt McCann, a nationally-known veteran of the long-term care (LTC) insurance industry, announces the formation of LTC NEWS, LLC after acquiring the online asset - ltcnews.com.

ALEXANDER CITY, Ala., May 21, 2020 (SEND2PRESS NEWSWIRE) -- Lowden Street Capital, a private equity firm focused on rural market investing, acquired Southern Air Custom Interiors, Inc., an upholstery company out of Haleyville, Ala. that focuses on custom aircraft interiors, on April 30, 2020.

TEXOMA, Okla., May 5, 2020 (SEND2PRESS NEWSWIRE) -- Okie Land & Home Monica Lambert are joining 580 Realty, a successful association which will bring together an independent firehouse to a stellar realty team, expanding the service area by an additional five counties. This now includes Coal, Pontotoc, Pittsburg, Latimer, Pushmataha, Hughes and McIntosh. From Lake Eufaula to Lake Texoma! Kiamichi Wilderness to Arbuckle Mountains!!!

NEW YORK, N.Y., May 4, 2020 (SEND2PRESS NEWSWIRE) -- Paragon Insurance Holdings, LLC, headquartered in Avon, Connecticut, a national MGA, announced today that it has closed on the purchase of Trident Public Risk Solutions (TPRS). Acquired from Argo Group (Argo), the transaction positions Paragon as one of the largest providers of commercial insurance coverage for public entities in the U.S.

SAN DIEGO and RANCHO SANTA MARGARITA, Calif., April 29, 2020 (SEND2PRESS NEWSWIRE) -- Bank of Southern California, N.A. (OTC Pink: BCAL) and CalWest Bancorp (OTCBB: CALW), today announced that they have renegotiated the terms of their merger and have agreed to amend the initial Definitive Agreement announced on October 21, 2019 following shareholder meetings held on April 22, 2020.