Tag: Mergers and Acquisitions
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.
Galway Holdings Announces Strategic Acquisition of MAI Capital Management
SAN FRANCISCO, Calif. /ScoopCloud/ -- 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.
KROST Acts as Exclusive Financial Advisor for Integrity Bio in Sale to Curia
LOS ANGELES, Calif. /ScoopCloud/ -- 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.
GPRS Acquires New York Leak Detection
TOLEDO, Ohio /ScoopCloud/ -- 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.
The EveryLibrary Institute Acquires NationDigital.io
RIVERSIDE, Ill. /ScoopCloud/ -- 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!
Jencap Announces Acquisition of U.K.-based Lloyd’s Coverholder
NEW YORK, N.Y. /ScoopCloud/ -- 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).
ICE Mortgage Technology Acquires eVault Technology from DocMagic for Encompass eClose
TORRANCE, Calif. /ScoopCloud/ -- 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.
Encore Green Environmental Technologies and Licensing Announces Water Desalination Technology Purchase
CHEYENNE, Wyo. /ScoopCloud/ -- Encore Green Environmental Technologies & Licensing (EGETL) announces the purchase of water treatment technology equipment formerly known as NOMAD from XRI/Fountain Quail.
EPIC Insurance Brokers & Consultants Acquires Pharmaceutical Strategies Group
SAN FRANCISCO, Calif. /ScoopCloud/ -- 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.
Pulsar Global Solutions acquires Blueshield Security and Investigations
WARRENTON, Va. /ScoopCloud/ -- 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.
UniversalCIS Announces Acquisition of SharperLending
PHILADELPHIA, Pa. /ScoopCloud/ -- 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.
Nocera, Inc. Signs Variable Interest Entity Agreements Resulting in 100% Controlling Interest in Xin Feng Construction Co., Ltd. and Shunda Feed Co., Ltd. in Taiwan
ATLANTA, Ga. /ScoopCloud/ -- 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.
Fanplayr Acquires Japan-Based Jamu Incorporated
Fanplayr -
PALO ALTO, Calif. /ScoopCloud/ -- 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.
Former Co-Residents Merge Podiatric Practices, Form New Modern Foot & Ankle®
TAMPA, Fla. /ScoopCloud/ -- 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.
PARAGON Wealth Strategies Acquires Jacksonville-based Mellen Money Management, Creating Multi-Generational Wealth Management Firm
JACKSONVILLE, Fla. /ScoopCloud/ -- 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.
Galway Insurance Holdings Secures Majority Interest from Harvest Partners with New Equity Investments from Oak Hill Capital and The Carlyle Group
SAN FRANCISCO, Calif. /ScoopCloud/ -- 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.
EGW Announces the Acquisition of Buy Wholesale Company
CARROLLTON, Texas /ScoopCloud/ -- 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.
LoadDelivered Logistics Rebrands to Capstone Logistics and Strengthens Integration Between Warehousing and Transportation Divisions
PEACHTREE CORNERS, Ga. /ScoopCloud/ -- 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.
Next Gen Acquires Entrepreneurship Organization to Expand Educational Reach
NEW YORK, N.Y. /ScoopCloud/ -- 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.
Foley Group and Convergence Partners Announce Merger of Their Two Companies
NORTH KANSAS CITY, Mo. /ScoopCloud/ -- 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 Electrical Insulation (PEI) Acquires Fibertek to Expand Manufacturing Capacity
PITTSBURGH, Pa. /ScoopCloud/ -- 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.
IntelliMedia Networks Inc. Acquires Canadian GlobalMLX, A Supply Chain CTPAT Training Consultant
LOS ANGELES, Calif. /ScoopCloud/ -- 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.
Rock Center Financial Partners publishes the book, ‘Mergers & Acquisitions: Crushing It as a Corporate Buyer in the Middle Market’
ROCKVILLE CENTRE, N.Y. /ScoopCloud/ -- 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").
LTC NEWS Acquisition Anticipates Growth and Expansion
CHICAGO, Ill. /ScoopCloud/ -- 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.
Lowden Street Capital Announces Acquisition of Southern Air Custom Interiors, Inc.
ALEXANDER CITY, Ala. /ScoopCloud/ -- 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 Real Estate Firm 580 Realty Combines Digital Marketing with Independent Agility Through Acquisition with Okie Land & Home
TEXOMA, Okla. /ScoopCloud/ -- 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!!!
Paragon Insurance Holdings Acquires Trident Public Risk Solutions from Argo Group
NEW YORK, N.Y. /ScoopCloud/ -- 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.
Bank of Southern California, NA and CalWest Bancorp, the Holding Company for CalWest Bank, Announce Changes to Merger Agreement
SAN DIEGO, Calif. /ScoopCloud/ -- 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.