Tag: Mergers and Acquisitions
Matrix Advises TBC Corporation on the Sale of NTB and Tire Kingdom Service Centers
RICHMOND, Va. /ScoopCloud/ -- Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, announces that it has advised TBC Corporation ("TBC" or the "Company") on the sale of TBC's company operated retail businesses to Mavis Tire Express Services Corp. ("Mavis"). The sale includes TBC's retail network of 595 tire and automotive service centers that utilize the NTB Tire & Service Centers ("NTB") and Tire Kingdom Service Centers ("Tire Kingdom") brands.
After 50 years, H.E. Hodge Company, Cumming athletic and institutional equipment company, kicks off a new season of ownership
CUMMING, Ga. /ScoopCloud/ -- DeJazz Woods has always had a love for sports. He has been around athletic equipment since childhood football, leading him to play at the collegiate level as an outside linebacker for the University of Illinois from 2010 - 2014. As a Business Development Manager for three major athletic equipment manufacturers, Woods would cross paths with Jeff Hodge, President of H.E. Hodge Company, and Bud Hodge, the company's founder, who are both huge college football fans.
HOUSTON HALL – NYC’s Famous Beer Hall – Purchased By Havana Central Restaurant CEO/Founder Jeremy Merrin
NEW YORK CITY, N.Y. /ScoopCloud/ -- Jeremy Merrin, CEO/Founder of Merrin Hospitality, is excited to announce the acquisition of NYC's most iconic beer hall, Houston Hall (222 W Houston Street, New York, NY 10014). Located in the heart of the West Village, this expansive venue has been pouring brews and hosting large scale events for decades. Merrin, is owner of the 20 year old high-volume Cuban brand Havana Central, with locations in NYC, Long Island & New Jersey.
Capstone Logistics Announces Acquisition of Last Mile Distribution Provider Rapid Response Delivery
PEACHTREE CORNERS, Ga. /ScoopCloud/ -- Capstone Logistics, LLC ("Capstone" or the "Company"), a leader in end-to-end supply chain solutions, announces the acquisition of Rapid Response Delivery ("Rapid Response"). Rapid Response is a Maryland-based company that has been in business for over twenty years, providing final-mile delivery services throughout the mid-Atlantic region.
OptionsSwing Inc. Acquires Apex Alliance, Broadening Assets for Learning Technology and Instruction
MIAMI, Fla. /ScoopCloud/ -- OptionsSwing Inc. ("OptionsSwing"), a leading innovative edtech and retail trading community in the United States, has declared the finalization of its share acquisition agreement to procure all of the shares of Apex Alliance Inc. ("Apex Alliance"). Apex Alliance, a start-up in financial education, is focused on educating future generations of retail investors on personal finance, investing, technology, and stock markets. The financial terms of the transaction have not been revealed yet.
Paul Sansone Jr. is proud to announce that Dealer Controlled Leasing, Inc. has acquired their technology partner AFS Dealers Inc., effective March 1, 2023
KEYPORT, N.J. /ScoopCloud/ -- 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.
Stack Sports to Acquire Meridix to Simplify the Broadcast Experience for Sports Organizations
DALLAS, Texas /ScoopCloud/ -- 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.
We Inspect Acquires Certified Mold Inspections and The Mold Guy: Customers Benefit
SAN DIEGO, Calif. /ScoopCloud/ -- 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.
WordSphere Announces $6.8M Acquisition of DrupalWare
PALO ALTO, Calif. /ScoopCloud/ -- 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.
Short-Term Rental Compliance Provider LTAS Technologies Inc. (Harmari) Acquired by Avenu
CENTREVILLE, Va. /ScoopCloud/ -- 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.
EPIC Continues Strategic Expansion of Life and Executive Benefits Platform – Acquires Larry Gordon Agency
CHICAGO, Ill. /ScoopCloud/ -- 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.
EPIC Expands Northern California Presence with Acquisition of SLCO LLC
SAN FRANCISCO, Calif. /ScoopCloud/ -- 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.
KROST Acts as Exclusive Financial Advisor for American Range in Sale to Hatco
LOS ANGELES, Calif. /ScoopCloud/ -- 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.
EPIC Expands Life and Executive Benefits Platform with Acquisition of The National Benefit Corp
WEST DES MOINES, Iowa /ScoopCloud/ -- 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.
Freedom Makers Virtual Services Merges with Re4ormed to Enhance Support for Veteran and Military Spouse-Owned Businesses
SAN ANTONIO, Texas /ScoopCloud/ -- 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.
Paragon Insurance Holdings Announces Acquisition of Reel Media, Further Expanding Firm’s Reach into Global Specialty Marketplace
AVON, Conn. /ScoopCloud/ -- 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.
Innovative, Removable Mesh Sling Now Available for Exclusive Manufacture
LOS ANGELES, Calif. /ScoopCloud/ -- 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.
New Technology, 28 Patents, for secure Iris ID. Utilized By the UN, US Army, Marine Corps, Navy, Homeland Security, and Many in Private Sector. Available for Investment or Purchase
LOS ANGELES, Calif. /ScoopCloud/ -- 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.
KROST Announces Paren Knadjian as Principal of M&A and Capital Markets and Brad Pauley as Principal of Tax
LOS ANGELES, Calif. /ScoopCloud/ -- 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.
KLLM Transport Services Acquires Quest Global Inc.
JACKSON, Miss. /ScoopCloud/ -- 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.
FMTC Safety Continues Expansion with On-Site Training & Instruction Acquisition
HOUMA, La. /ScoopCloud/ -- 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.
Sales Boomerang and Mortgage Coach Merge, Appoint Richard Harris as CEO
OWINGS MILLS, Md. /ScoopCloud/ -- 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.
GPRS Acquires TruePoint Laser Scanning
TOLEDO, Ohio /ScoopCloud/ -- 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.
EPIC Adds to Life and Executive Benefits Platform with Acquisition of Dixon Wells, Inc.
SAN FRANCISCO, Calif. /ScoopCloud/ -- 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.
Life Saving Device for Major Heart Surgery Procedure Now Available for Exclusive Manufacture
LOS ANGELES, Calif. /ScoopCloud/ -- 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.
Intellimedia Network’s Immersive Technology IP Acquired by Frontera Group
LOS ANGELES, Calif. /ScoopCloud/ -- 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.
EPIC Expands into New Territory with Acquisition of Treloar & Heisel
SAN FRANCISCO, Calif. /ScoopCloud/ -- 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.
Eric Zanotelli and the Z-Team join Sente Mortgage
STILLWATER, Okla. /ScoopCloud/ -- 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.
Paragon Acquires Greener Future and ESG-focused New Energy Risk
AVON, Conn. /ScoopCloud/ -- 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.
After, Inc. Acquires Accentf(x) to Deepen its Post-Sale Marketing Services Offering
NORWALK, Conn. /ScoopCloud/ -- 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.
LANtelligence Becomes a Matrix Networks Company to Create a Connectivity First CX-Automation Powerhouse
SAN DIEGO, Calif. /ScoopCloud/ -- 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.
KROST Posts Record Year of M&A Advisory in 2021, Expects Trend to Continue in 2022
LOS ANGELES, Calif. /ScoopCloud/ -- 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.
Capstone Logistics Signs Definitive Agreement to Acquire Insource Performance Solutions
PEACHTREE CORNERS, Ga. /ScoopCloud/ -- 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.
EPIC Acquires Oversea Insurance Agency – Continues Expansion of its Specialty Offerings
SAN FRANCISCO, Calif. /ScoopCloud/ -- 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.
Galway Holdings Acquires Simatree
WASHINGTON, D.C. /ScoopCloud/ -- 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.