Tag: Mergers and Acquisitions

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.

HUMBLE, Texas, March 10, 2020 (SEND2PRESS NEWSWIRE) -- Forged Components Inc. is proud to announce the acquisition of the Western of Texas Forge & Flange Company. The acquisition was completed in the 4th quarter of 2019.

COLTS NECK, N.J., Feb. 28, 2020 (SEND2PRESS NEWSWIRE) -- Team Rio National and Sports U are proud to announce a collaboration and combination of NJ's most successful grassroots basketball programs over the last decade with the creation of Team Rio University (Rio U).

MESQUITE, Texas, Feb. 27, 2020 (SEND2PRESS NEWSWIRE) -- Mazda of Mesquite - a Mazda car dealership and service center located at 15900 Lyndon B Johnson Fwy in Mesquite, Texas, 75150 - will transition to new ownership as of February 27, 2020.

MIAMI, Fla., Feb. 21, 2020 (SEND2PRESS NEWSWIRE) -- 777 Partners, a Miami based investment firm, is pleased to announce the acquisition of Uown Leasing ("Uown"), from Shepard Capital Partners. Uown, a lease-to-own company based in Tampa, was founded in 2008.

PASADENA, Calif. and WOODLAND HILLS, Calif., Jan. 27, 2020 (SEND2PRESS NEWSWIRE) -- KROST CPAs and Consultants, a firm based out of Los Angeles, has merged in BPE&H out of Woodland Hills effective January 1, 2020. Seven principals will join the leadership team at KROST, including Scott Eisner, Martin Belak-Berger, Bob Price, Phil D'Amico, Scott Gilmore; and founding BPE&H principals Jerry Block and Jane Plant.

RALEIGH, N.C., Jan. 10, 2020 (SEND2PRESS NEWSWIRE) -- Deacon Jones Auto Group recently acquired Lee Hyundai of Goldsboro and will rename the store "Deacon Jones Hyundai." This location, at 304 N Oak Forest Rd. in Goldsboro, NC, will continue the growth and the investments that Deacon Jones has made to this area of the Goldsboro community.

LOS ANGELES, Calif., Jan. 7, 2020 (SEND2PRESS NEWSWIRE) -- Kimball Entertainment is a full-service Entertainment Co. based in Beverly Hills, California. Founder Keri Ann Kimball has found a unique way to bring her relationships and assets to this multidimensional company by integrating a strategic coaching team in house at Kimball Entertainment.

SAN FRANCISCO, Calif. and NEW YORK, N.Y., Jan. 2, 2020 (SEND2PRESS NEWSWIRE) -- Edgewood Partners Insurance Center, which operates as EPIC Insurance Brokers and Consultants (EPIC), announced today that Frenkel & Company, acquired by EPIC in November 2017, has completed their adoption of the EPIC Insurance Brokers & Consultants name and brand.

LOVELAND, Colo., Nov. 19, 2019 (SEND2PRESS NEWSWIRE) -- Boulder, Colorado area's Brandon Hernandez, co-founder and senior partner of Whole Brain Consulting, announces acquisition of JL Dale and Associates, LLC.

BURLINGTON, Vt., Nov. 18, 2019 (SEND2PRESS NEWSWIRE) -- Weddings are a celebration of change, and today VermontWeddings.com, Vermont's leading online wedding planning resource, celebrates a change in ownership from Lorin Holmes to Tricia Cunniff.

ATLANTA, Ga. and SAN FRANCISCO, Calif., Nov. 14, 2019 (SEND2PRESS NEWSWIRE) -- EPIC Insurance Brokers & Consultants and Prime Risk Partners Inc., announced today that they have officially joined forces to continue to build on their national footprint and offer greater specialty support and services to their clients and collaboration among EPIC's colleagues. The transaction previously announced on October 15 has closed.

SAN DIEGO and RANCHO SANTA MARGARITA, Calif., Oct. 21, 2019 (SEND2PRESS NEWSWIRE) -- Bank of Southern California, N.A. (OTC Pink: BCAL) and CalWest Bancorp (OTCBB: CALW), today announced the signing of a definitive agreement and plan of merger (the "Agreement") whereby CalWest Bank will merge with and into Bank of Southern California. The merger is subject to customary closing conditions, including the receipt of all regulatory approvals and the approval of the shareholders of CALW and BCAL.

ATLANTA, Ga. and SAN FRANCISCO, Calif., Oct. 15, 2019 (SEND2PRESS NEWSWIRE) -- Prime Risk Partners Inc. and EPIC Insurance Brokers & Consultants, announced today that they have entered into an agreement to join forces. EPIC, founded in 2007, has grown to become one of the 15 largest U.S. retail insurance brokers and the nation's 9th largest privately-held insurance brokerage.

WINTER PARK, Fla., Oct. 1, 2019 (SEND2PRESS NEWSWIRE) -- Fannie Hillman + Associates, a long-standing fixture in the Central Florida real estate market, has acquired a new location along famed Park Avenue in Winter Park, Florida. On September 26, 2019, Fannie Hillman + Associates, led by President and Broker Scott Hillman, purchased Winter Park Land Company.

NEW YORK, N.Y., and SAN FRANCISCO, Calif., Sept. 3, 2019 (SEND2PRESS NEWSWIRE) -- Edgewood Partners Insurance Center, which operates as EPIC Insurance Brokers and Consultants (EPIC), announced today that Integro USA, Inc. (Integro USA), acquired by EPIC in January 2019, has completed their adoption of the EPIC Insurance Brokers & Consultants name and brand.

NEW YORK, N.Y., Aug. 20, 2019 (SEND2PRESS NEWSWIRE) -- JenCap Holdings (JenCap), a specialty insurance business, announced today that it has agreed to acquire privately-held Aran Insurance Services Group (Aran), a specialty program administrator with offices in Arizona, Colorado, Massachusetts and New York. Founded in 2009, Aran has been led by Tim Kenny and John LaCava who have built one of the leading program administration insurance platforms in the country.

TOLEDO, Ohio, Aug. 15, 2019 (SEND2PRESS NEWSWIRE) -- Ground Penetrating Radar Systems, LLC ("GPRS"), has acquired Master Locators utility locating business ("Master Locators"), a leading provider of private utility locating, concrete scanning, vacuum excavation, SUE and video pipe inspection services.

SAN FRANCISCO and PLEASANTON, Calif., Aug. 8, 2019 (SEND2PRESS NEWSWIRE) -- EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, announced today the acquisition of Trumark Insurance & Financial Services, a Pleasanton, CA-based Brokerage/General Agency specializing in the institutional financial advisory market.

MEMPHIS, Tenn., Aug. 6, 2019 (SEND2PRESS NEWSWIRE) -- Innova Memphis, a Memphis-based early stage venture capital firm, is pleased to announce the acquisition of its portfolio company Arkis Biosciences. Knoxville-based Arkis, a neuro-surgical medical device company, has been acquired by Integra LifeSciences Holding Corporation, a leading medical technology company.

WINTER HAVEN, Fla., Aug. 2, 2019 (SEND2PRESS NEWSWIRE) -- Skin Cancer Center of Bonita Springs is now part of Florida Dermatology and Skin Cancer Centers, a family-focused practice with offices throughout Florida. Our team of providers treat all types of skin and scalp conditions. We are committed to providing excellence in patient care and will be offering more services to better serve the community in the future.

DENVER, Colo., July 15, 2019 (SEND2PRESS NEWSWIRE) -- Gulftech International, Inc. ("Gulftech") based in Denver, Colorado, USA, announced today that it has completed the acquisition of ABL S.p.A. ("ABL" or the "Company"). The Gulftech family of companies are the world's recognized leaders in the engineering, manufacture, lease, sale and service of industrial equipment and components serving many of the world's most important food production and processing companies.

NEW YORK, N.Y., June 18, 2019 (SEND2PRESS NEWSWIRE) -- The Solaris Group (Solaris), a New York-based wealth advisor and investment consultant to non-profit organizations, today announced that it is joining KF Group LP, an affiliate of Klingenstein Fields Wealth Advisors (KFWA), a complementary wealth advisor also based in New York.

NEW YORK, N.Y., June 14, 2019 (SEND2PRESS NEWSWIRE) -- Klingenstein Fields Wealth Advisors (KFWA), a leading independent wealth advisor based in New York, today announced the acquisition, through its affiliate KF Group LP, of the assets of The Solaris Group, LLC (Solaris), a complementary New York-based wealth advisor. Together, the combined firm will have over $4.0 billion in assets under management.

NORWALK, Conn., June 4, 2019 (SEND2PRESS NEWSWIRE) -- Best Friends Pet Hotel, a national operator of pet hotels with 30 locations throughout the United States offering boarding, grooming, doggy day camp, training and retail services at each of its locations, announced today its Employee Stock Ownership Plan, or ESOP, acquisition led by Mosaic Capital Partners.

SAN FRANCISCO and LIVERMORE, Calif., May 6, 2019 (SEND2PRESS NEWSWIRE) -- EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that it acquired in an asset sale the book of business of Brokers Insurance Mart, Inc. (BIM) on April 15, 2019.

PHILADELPHIA, Pa., May 3, 2019 (SEND2PRESS NEWSWIRE) -- Following the acquisition of Lenox Martell (Boston) in 2017, Total Systems Control and Jordan's Draft Services (Pittsburgh) and Main Street Beverage (Philadelphia) in 2018 and now Draft Beer Services of Atlanta, Multi-Flow is able to offer a full range of beverage dispensing and service solutions to its customers in seven new markets.

DALLAS, Texas, April. 8, 2019 (SEND2PRESS NEWSWIRE) -- Residential Capital Partners is pleased to announce the acquisition of 3L Finance. As a part of the acquisition, Residential Capital Partners is pleased to be the national hard money and rental finance lending partner to 2020 REI Group.

NEW YORK, N.Y., March 13, 2019 (SEND2PRESS NEWSWIRE) -- seriesOne Inc., a leading global digital security fundraising platform led by leaders with over 20 years of traditional investment banking, venture capital and technology experience, today announced its acquisition of Dynamo Development, a custom software development company with a mature engineering team based in the Ukraine.