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Tag: Mergers and Acquisitions

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.

Stack Sports to Acquire Team App

DALLAS, Texas /ScoopCloud/ -- 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.

TEAM Concept Printing Acquires Guardsman Laminating

CAROL STREAM, Ill. /ScoopCloud/ -- 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.

Infinity Financial Group Aids Kinley Construction Group with Major Stakeholder Buyout

DALLAS, Texas /ScoopCloud/ -- 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.

SimpleNexus is acquiring LBA Ware

LEHI, Utah /ScoopCloud/ -- 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.

Ohio Clean Cans, LLC has entered into a definitive agreement to acquire the assets of Cincy Bins, LLC

CINCINNATI, Ohio /ScoopCloud/ -- 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.

Galway Holdings Announces Formal Close of MAI Capital Management Deal

SAN FRANCISCO, Calif. /ScoopCloud/ -- 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.

Upstart California museum acquires mythic ad characters

LOS ANGELES, Calif. /ScoopCloud/ -- 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.

Newly Formed Sky Auto Mall Purchases Junge Ford and Junge CDJR in Center Point, IA

CENTER POINT, Iowa /ScoopCloud/ -- 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.