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Tag Archives | Mergers and Acquisitions

Klingenstein Fields Wealth Advisors Acquires Assets of The Solaris Group LLC

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 […]

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Best Friends Pet Hotel Announces ESOP Acquisition Led by Mosaic Capital Partners, Becoming the Largest Employee-Owned Pet Care Company

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.

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EPIC Insurance Brokers Acquires Book of Business of Brokers Insurance Mart, Inc. (BIM)

LIVERMORE, Calif. /California 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. Originally published on CaliforniaNewswire.com — EPIC Insurance Brokers Acquires Book of Business […]

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Multi-Flow Industries, LLC is pleased to announce the acquisition of Draft Beer Services of Atlanta, Georgia

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 […]

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seriesOne Acquires Dynamo Development to Accelerate its Global Expansion Efforts and Bring Software Development In-House

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.

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Tyto Athene LLC Expands Intelligence Community Offerings by Acquiring Island IT Consultants

HERNDON, Va., March 5, 2019 (SEND2PRESS NEWSWIRE) — Tyto Athene, a market leader in solving complex operational challenges by making information securely available across myriad technologies worldwide for government customers, backed by Arlington Capital Partners, has announced today its acquisition of Island Information Technology Consultants (IITC).

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CityView Commercial LLC has purchased Southlake Mall in Atlanta, Ga.

MORROW, Ga., Jan. 24, 2019 (SEND2PRESS NEWSWIRE) — New York based CityView Commercial LLC, led by Jimmy Khezrie and Jack Friedler, has purchased Southlake Mall in Atlanta, Georgia. Jacobs REA led by Sholom Jacobs partnered with CVC in this transaction. Southlake Mall is a two-level mall consisting of approximately 1,015,984 square feet of gross leasable […]

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Almost Heaven Saunas, one of the Leading Sauna Manufacturers in the U.S. is Acquired by Harvia

HOLLAND, Mich., Jan. 15, 2019 (SEND2PRESS NEWSWIRE) — Almost Heaven Saunas is being acquired by Harvia, the leading sauna heater and component manufacturer. Harvia Oyj, has announced that it is purchasing U.S. sauna manufacturer, Almost Heaven Saunas. This acquisition will enable Harvia to offer better and more extensive service to its customers in North America.

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EPIC Holdings Inc. to Acquire Integro USA

NEW YORK, N.Y., Dec. 17, 2018 (SEND2PRESS NEWSWIRE) — EPIC Holdings, Inc. today announced an agreement to acquire Integro Holdings Inc., which houses substantially all of the U.S. operations of Integro Group Holdings, LP. Founded in 2005, Integro has built a highly successful specialty insurance brokerage and consulting business in the U.S. with revenue in […]

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EPIC Holdings to Acquire Integro Holdings Inc.

SAN FRANCISCO, Calif. /California Newswire/ — EPIC Holdings, Inc. today announced an agreement to acquire Integro Holdings Inc., which houses substantially all of the U.S. operations of Integro Group Holdings, LP. Founded in 2005, Integro has built a highly successful specialty insurance brokerage and consulting business in the U.S. with revenue in excess of $150 […]

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EPIC Insurance Buys Direct Retail Wine Industry Business From Paragon

SAN FRANCISCO, Calif. /California Newswire/ — EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today the purchase of a retail wine industry book of business from Managing General Agency (MGA) Paragon Insurance Holdings LLC. The accounts in question came to Paragon in the fall of 2017 when […]

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EPIC Buys Direct Retail Wine Industry Business From Paragon Insurance Holdings

SAN FRANCISCO, Calif., Nov. 27, 2018 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today the purchase of a retail wine industry book of business from Managing General Agency (MGA) Paragon Insurance Holdings LLC. The accounts in question came to Paragon in the fall […]

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EPIC Acquires Not-For-Profit and Social Services Specialist Total Management Corporation (TMC)

NEW YORK and SAN FRANCISCO, Calif., Oct. 11, 2018 (SEND2PRESS NEWSWIRE) — Total Management Corporation (TMC) and EPIC Insurance Brokers & Consultants, a unique and innovative national retail insurance brokerage and employee benefits consulting firm, announced today that EPIC has acquired the assets, employees and operations of TMC.

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EPIC Acquires Alternative Asset Management Industry Specialist Vanbridge LLC

NEW YORK, N.Y. and SAN FRANCISCO, Calif., Sept. 13, 2018 (SEND2PRESS NEWSWIRE) — Vanbridge, LLC, a specialty insurance intermediary, program management, and risk advisory services business, and EPIC Insurance Brokers & Consultants, a unique and innovative national retail insurance brokerage and employee benefits consulting firm, announced today that EPIC has acquired the assets, employees and […]

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Magic City Ford Celebrates 80 Years and Expands with Acquisition and Addition of Chevrolet, Buick, GMC, Chrysler, Dodge, Jeep, and RAM Brands

ROANOKE, Va., Aug. 20, 2018 (SEND2PRESS NEWSWIRE) — Magic City Ford is celebrating its 80th year in business by announcing the acquisition of Alleghany Motors in Covington, Va. This expansion and multi-million-dollar investment from Magic City into the Alleghany Highlands will expand Magic City’s presence, create dozens of new jobs, and give Magic City customers […]

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Advalent Corporation Completes Acquisition of Medvensys Analytics

WESTBOROUGH, Mass., Aug. 14, 2018 (SEND2PRESS NEWSWIRE) — Advalent Corporation, a claims administration and medical management platform for complex value-based care products and Medvensys, a leading cloud-based analytics technology in clinical and financial outcomes for healthcare organizations announced today that they have entered a definitive agreement whereby Advalent has agreed to acquire Medvensys.

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Bank of Southern California NA Completes Acquisition of Americas United Bank

SAN DIEGO, Calif., Aug. 1, 2018 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A., San Diego, California (OTC Pink: BCAL / OTCMKTS:BCAL) announced today the completion of its acquisition of Americas United Bank, Glendale, California (OTC Pink: AUNB), effective July 31, 2018. Americas United Bank had total assets of approximately $231 million as of June […]

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EPIC adds Lou D’Agostino as a Principal in New York serving the Financial Services Industry

NEW YORK, N.Y., July 24, 2018 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers & Consultants today announced that risk management and insurance brokerage veteran Lou D’Agostino and his Iron Cove Partners team have joined the firm. D’Agostino has over 17 years of insurance brokerage experience with an expertise in serving the Financial Services industry.

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Bank of Southern California N.A. and Americas United Bank Announce Agreement to Merge

SAN DIEGO, Calif., Feb. 22, 2018 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A., San Diego, Calif. (OTC Pink: BCAL / OTCMKTS:BCAL) and Americas United Bank, Glendale, Calif. (OTC Pink: AUNB), today announced the signing of a definitive agreement and plan of merger (the “Agreement”) whereby Americas United Bank will merge with and into Bank […]

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JenCap Holdings LLC to Acquire Genesee General, a Specialty Insurance Business

ALPHARETTA, Ga., Jan. 16, 2018 (SEND2PRESS NEWSWIRE) — JenCap Holdings LLC (JCH), a specialty insurance business, announced today that it has agreed to acquire privately-held Genesee General, a managing general agency, program administrator and wholesale insurance broker based in Alpharetta, Georgia. The transaction is expected to close in January 2018. Financial terms were not disclosed.

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NIF Group, Inc. Acquires Agency Intermediaries, Inc.

MANHASSET, N.Y., Nov. 14, 2017 (SEND2PRESS NEWSWIRE) — NIF Group, Inc., a leading wholesale broker, program administrator and managing general agency and their parent company, JenCap Holdings LLC announces that they have agreed to acquire privately held Agency Intermediaries, Inc. and A.I.I. Insurance Brokerage of Mass., Inc. (A.I.I.). Both affiliated entities serve as MGA/contract binding […]

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Mid America Mortgage to Purchase Assets from Two Oklahoma Lenders

ADDISON, Texas, Nov. 13, 2017 (SEND2PRESS NEWSWIRE) — Mid America Mortgage, Inc. (Mid America) announced it has signed a letter of intent to purchase the assets of Oklahoma City-based American Southwest Mortgage Corp. and an affiliated firm, American Southwest Mortgage Funding Corp. As part of the agreement, Mid America will incorporate American Southwest’s operations into […]

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After 139 Years of Operations as Frenkel and Company, Venerable NY Insurance Broker Elects to Join EPIC

NEW YORK, N.Y. and SAN FRANCISCO, Calif., Oct. 25, 2017 (SEND2PRESS NEWSWIRE) — Frenkel & Company, one of the nation’s most respected full-service independent insurance brokers and EPIC Insurance Brokers & Consultants, a unique and innovative national retail insurance brokerage and employee benefits consulting firm, announced today that they have joined forces.

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JenCap Holdings Acquires Special Risks Facilities

NEW YORK, N.Y. and STERLING HEIGHTS, Mich., July 17, 2017 (SEND2PRESS NEWSWIRE) — JenCap Holdings LLC announced today that it has agreed to acquire privately held Special Risks Facilities, Inc., an MGA/contract binding authority and wholesale insurance brokerage firm based in Sterling Heights, Michigan with another office in Peoria, Arizona. Special Risks was formed in […]

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EPIC Insurance Acquires Product Warranty Analytics Specialist After, Inc.

SAN FRANCISCO, Calif. and NORWALK, Conn., June 19, 2017 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today the acquisition of After, Inc. – a product warranty analytics firm based in Norwalk, Conn. The Acquisition was made primarily to further strengthen and grow EPIC […]

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New Vista Behavioral Health Welcomes Avalon Malibu to Their Family of Addiction and Mental Health Treatment Centers

COSTA MESA, Calif., March 22, 2017 (SEND2PRESS NEWSWIRE) — New Vista Behavioral Health, a leading provider of addiction treatment, is proud to announce the acquisition of Avalon Malibu. The addition of Avalon to Infinity Treatment Centers, and Simple Recovery, expands the offerings of New Vista Behavioral Health’s distinctive, effective and complementary group of addiction and […]

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Traffk Acquires Capsci Health’s Mobile Technology

LOS ANGELES, Calif., March 15, 2017 (SEND2PRESS NEWSWIRE) — Traffk(TM), the Los Angeles art district-based insurance technology company, is excited to announce the acquisition of Portland, Ore.-based Capsci Health. Capsci Health’s HIPAA compliant, mobile technology platform personalizes health plan members’ benefits, allowing them direct access to their plan’s benefits, ID cards, preferred providers and telemedicine.

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Northeast’s Largest Independent Insurance Broker The Capacity Group Joins EPIC

MAHWAH, N.J. and SAN FRANCISCO, Calif., March 9, 2017 (SEND2PRESS NEWSWIRE) — The Capacity Group of Companies and EPIC Insurance Brokers & Consultants, a unique and innovative national retail insurance brokerage and employee benefits consulting firm, announced today that they have joined forces. Established in 1990, The Capacity Group has grown to become one of […]

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Verify Smart Corporation Signs Letter of Intent to Acquire the Assets of Enabledware, LLC

FERNLEY, Nev., Feb. 28, 2017 (SEND2PRESS NEWSWIRE) — Verify Smart Corporation (OTCBB: VSMR / OTC:VSMR) a Global innovator in financial fraud prevention and digital content distribution, announced today that it has signed a Letter of Intent to acquire the assets of Enabledware, LLC for cash and stock. Enabledware is a global leader in digital signage […]

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EPIC Strengthens Southern California Benefits Team with the Acquisition of Benefit Compass

SAN FRANCISCO, Calif. and IRVINE, Calif., Feb. 2, 2017 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property & casualty insurance brokerage and employee benefits consultant, announced today it has acquired Benefit Compass Insurance Services, LLC, a specialist in employee benefits brokerage and consulting services.

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JenCap Acquires NIF Group

NEW YORK, N.Y., Dec. 7, 2016 (SEND2PRESS NEWSWIRE) — JenCap Holdings LLC announced today that it has agreed to acquire privately held NIF Group, Inc. (NIF), a managing general agency, program administrator and wholesale insurance broker based in Manhasset, New York, with six offices located on the east and west coasts of the United Sates.

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Protector Holdings Acquires Big Savings Insurance Agency

SAN FRANCISCO, Calif., Dec. 5, 2016 (SEND2PRESS NEWSWIRE) — Protector Holdings, a joint venture of EPIC Insurance Brokers & Consultants and Dowling Capital Partners, announced today the acquisition of Big Savings Insurance Services, the firm’s largest acquisition to date. Headquartered in Sacramento, California, Big Savings specializes in providing insurance services to Hispanic consumers; writing auto […]

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International Document Services (IDS) Acquires eMortgage Vendor Encomia

SALT LAKE CITY, Utah, Sept. 6, 2016 (SEND2PRESS NEWSWIRE) — Mortgage document preparation vendor International Document Services (IDS), a division of The Reynolds and Reynolds Company, today announced its acquisition of Encomia, an established provider of electronic mortgage (eMortgage) solutions to depository and non-depository lending institutions

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Kelly Zinke purchases Stoltz Image Consulting from Elaine Stoltz, will move StoltzZinke studio to 4961 So. Hulen on Oct. 1, 2016

FORT WORTH, Texas, Sept. 1, 2016 (SEND2PRESS NEWSWIRE) — After launching Stoltz Image Consulting nearly 30 years ago to offer personal styling services to executives and professionals in North Texas and beyond, Elaine Stoltz, AICI CIM, master image, wardrobe and make-up consultant, will sell her business to her colleague of six years, Kelly Zinke. The […]

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Bank of Southern California Completes Acquisition of Opus Bank Branch

SAN DIEGO, Calif., Aug. 26, 2016 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTC Pink: BCAL) has completed the purchase of the deposits of the La Quinta branch of Opus Bank. The transaction closed on Friday, August 19, 2016. Customers of the Opus Bank La Quinta branch were consolidated into the existing La Quinta […]

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EPIC Sells North Bay Operations to InterWest Insurance Services

SAN FRANCISCO, Calif. and PETALUMA, Calif., Aug. 1, 2016 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants (EPIC), a retail property, casualty insurance brokerage and employee benefits consultant, announced today the sale of their Petaluma branch office and its book of business to Sacramento-based InterWest Insurance Services. Both EPIC and InterWest are anticipating a seamless, […]

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MCT Trading, Inc. Acquires Assets of PLar Analytics, LLC and PB Pacific Partners, LLC

SAN DIEGO, Calif., Nov. 12, 2015 (SEND2PRESS NEWSWIRE) — MCT Trading, Inc. (MCT), a recognized industry leader in mortgage risk management providing pipeline hedging, best-execution loan sales and centralized lock desk services, announced that it has acquired certain key assets of PLar Analytics, LLC, a provider of financial models for mortgage bankers, and of PB […]

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EPIC expands Employee Benefits Practice with the acquisition of Executive Financial, Inc. in Southern California

SAN FRANCISCO, Calif., May 18, 2015 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, announced today it has acquired Executive Financial, Inc., an employee benefits consulting firm specializing in executive benefits, life, and disability insurance strategies.

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DocMagic Acquires Doc-Tech Corp., Further Establishing Market Dominance

TORRANCE, Calif., Dec. 9, 2014 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced today that it has acquired the assets of Doc-Tech Corporation, dba Document Express, a boutique document preparation company known for its exceptional customer service. The acquisition comes on the heels of […]

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EPIC expands with the acquisition of Greyling Insurance Brokerage and Risk Consulting

SAN FRANCISCO, Calif., Nov. 24, 2014 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, announced today it has acquired Greyling Insurance Brokerage and Risk Consulting, Inc., a specialty insurance broker and risk management consultant based in Atlanta, Ga., with locations in St. Louis, Mo. […]

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EPIC Purchases Jenkins Insurance Services

SAN FRANCISCO, Calif., July 21, 2014 (SEN2PRESS NEWSWIRE) — The shareholders of Jenkins Insurance Services (Jenkins), a Leavitt Group agency, have sold 100 percent of their shares in Jenkins to EPIC (Edgewood Partners Insurance Center). The transaction, which closed on July 17, was retroactively effective July 1. Jenkins, with California offices in Concord, Sacramento, San […]

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LTC Global Marketing and LTC Financial Partners Merge to Form Large One-Stop Shop for Long Term Care and Medicare Insurance Solutions

KIRKLAND, Wash., July 2, 2014 (SEND2PRESS NEWSWIRE) — Today LTC Financial Partners, LLC and LTC Global Marketing Inc. announced the completion of the merger of the two companies into one of America’s largest distributors of senior market insurance products. Industry veteran Denise Gott, formerly Executive Vice President of LTC Financial, will serve as Chief Executive […]

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Interpreters Unlimited, Inc. Doubles Revenue through Translation and Medical Transportation Company Acquisition

SAN DIEGO, Calif., Dec. 20, 2013 (SEND2PRESS NEWSWIRE) — Interpreters Unlimited, Inc. announced this week that it has recently acquired Albors and Alnet, a language and medical transportation company. The Bank of Southern California was instrumental in providing the financing for the acquisition.

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The Carlyle Group to Invest in Edgewood Partners Insurance Center to Support EPIC’s Expansion

SAN FRANCISCO, Calif., Nov. 14, 2013 (SEND2PRESS NEWSWIRE) — Edgewood Partners Insurance Center (EPIC), a leading retail insurance broker headquartered in California, announced today that funds managed by global alternative asset manager The Carlyle Group (Carlyle) have agreed to acquire a controlling equity stake in the company. Carlyle’s investment will enable EPIC to continue to […]

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Truebridge Acquires Bank-Brokerage Consulting Firm

BOSTON, Mass., Feb. 14, 2013 (SEND2PRESS NEWSWIRE) — Truebridge, Inc., a Boston-based financial services marketing firm for banks and credit unions, has acquired American Brokerage Consultants of St. Petersburg, Florida. The announcement was made today by Stewart Rose, CEO of Truebridge.

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Cloud Communications Leader Telovations Expands with Acquisition of FeatureTel

TAMPA, Fla. (SEND2PRESS NEWSWIRE) — Telovations Inc., one of the nation’s leading providers of cloud communications services to business, announces the acquisition of FeatureTel, the leading IP telephony company in North Carolina. The acquisition expands the Telovations network footprint, increases its software integration capabilities and strengthens the company’s customer base. In addition, the company will […]

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BioJet and Abundant Biofuels Agree to Merge

BARBADOS and MONTEREY, Calif. (SEND2PRESS NEWSWIRE) — BioJet International Ltd. and Abundant Biofuels Corporation announced their merger today. Abundant will become a wholly owned subsidiary of BioJet. Abundant and its affiliates (Abundant Habitats and Abundant Harvests) will continue to operate under the Abundant name and corporate identity.

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LRM Industries, LLC Acquired and Recapitalized as LRM Industries International, Inc.

ROCKLEDGE, Fla. (SEND2PRESS NEWSWIRE) — The former LRM Industries, LLC, headquartered in Rockledge, Florida, has been acquired from NOVA Chemicals Inc. and Envirokare Tech, Inc., which have owned the company as a joint venture since 2005. A group of investors led by Zesiger Capital Group LLC funded the transaction that resulted in the recapitalization of […]

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Bookbinder's Soups and Seasonings Division Acquired by Pennsylvania Corporation

PHILADELPHIA, Pa. (SEND2PRESS NEWSWIRE) — Bookbinder Specialties, a Pennsylvania company, acquired the Bookbinder’s Soup and Seasonings Division from the Stephens’ Original Foods Company of Huntingdon Valley, PA, on June 23, 2009. The soups and seasonings are based on favorite recipes from the Old Original Bookbinder’s restaurant, established in 1865 in Philadelphia’s historic Old City.

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