Tag: Mergers and Acquisitions
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.
Forged Components Inc. (FCI) Has Acquired the Western of Texas Forge & Flange Company
HUMBLE, Texas /ScoopCloud/ -- 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.
Team Rio National and Sports U announce merger to create Team Rio University
COLTS NECK, N.J. /ScoopCloud/ -- 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).
Mazda of Mesquite car dealership and service center in Mesquite, Texas, announces imminent ownership transition
MESQUITE, Texas /ScoopCloud/ -- 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.
777 Partners Announces Acquisition of Uown Leasing
MIAMI, Fla. /ScoopCloud/ -- 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.
KROST Kicks Off the Year by Announcing Merger with BPE&H an Accountancy Corporation
PASADENA, Calif. /ScoopCloud/ -- 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.
Deacon Jones Acquires Lee Hyundai of Goldsboro
RALEIGH, N.C. /ScoopCloud/ -- 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.
Kimball Entertainment merges with K-Star PR to provide clients with a wider range of entertainment services for 2020
LOS ANGELES, Calif. /ScoopCloud/ -- 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.
Frenkel and Company Completes Transition to EPIC Brand
SAN FRANCISCO, Calif. /ScoopCloud/ -- 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.
Whole Brain Consulting Acquires JL Dale and Associates LLC
LOVELAND, Colo. /ScoopCloud/ -- Boulder, Colorado area's Brandon Hernandez, co-founder and senior partner of Whole Brain Consulting, announces acquisition of JL Dale and Associates, LLC.
VermontWeddings.com Celebrates New Ownership
BURLINGTON, Vt. /ScoopCloud/ -- 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.
EPIC Insurance Brokers and Consultants and Prime Risk Partners Have Joined Forces
ATLANTA, Ga. /ScoopCloud/ -- 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 15th has closed.
Bank of Southern California, NA and CalWest Bancorp, the Holding Company for CalWest Bank, Announce Agreement to Merge
SAN DIEGO, Calif. /ScoopCloud/ -- 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.
The Nation’s 34th Largest Retail Insurance Broker Prime Risk Partners Joins EPIC
ATLANTA, Ga. /ScoopCloud/ -- 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.
Fannie Hillman + Associates Expands Central Florida Legacy
WINTER PARK, Fla. /ScoopCloud/ -- 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.
Integro USA Inc. Completes Transition to EPIC Brand
NEW YORK, N.Y. /ScoopCloud/ -- 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.
JenCap Holdings LLC to Acquire Aran Insurance Services Group, a Specialty Insurance Business
NEW YORK, N.Y. /ScoopCloud/ -- 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.
GPRS Locates and Acquires Master Locators – Becoming One of the Largest Privately Held Utility Locating Companies in the United States
TOLEDO, Ohio /ScoopCloud/ -- 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.
EPIC Insurance Brokers and Consultants Acquires Trumark Insurance and Financial Services
SAN FRANCISCO, Calif. /ScoopCloud/ -- 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-based Venture Capital Firm Innova Announces Sale of Portfolio Company Arkis Biosciences to Integra LifeSciences
MEMPHIS, Tenn. /ScoopCloud/ -- 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.
Skin Care Center of Bonita Springs Joins Florida Dermatology and Skin Cancer Centers
WINTER HAVEN, Fla. /ScoopCloud/ -- 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.
Gulftech Acquires ABL S.p.A. – Announces Expansion into Fresh Cut Produce Market
DENVER, Colo. /ScoopCloud/ -- 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.
The Solaris Group, LLC Joins Klingenstein Fields
NEW YORK, N.Y. /ScoopCloud/ -- 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.
Klingenstein Fields Wealth Advisors Acquires Assets of The Solaris Group LLC
NEW YORK, N.Y. /ScoopCloud/ -- 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.
Best Friends Pet Hotel Announces ESOP Acquisition Led by Mosaic Capital Partners, Becoming the Largest Employee-Owned Pet Care Company
NORWALK, Conn. /ScoopCloud/ -- 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.
EPIC Acquires Book of Business of Brokers Insurance Mart, Inc. (BIM)
LIVERMORE, Calif. /ScoopCloud/ -- 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.
Multi-Flow Industries, LLC is pleased to announce the acquisition of Draft Beer Services of Atlanta, Georgia
PHILADELPHIA, Pa. /ScoopCloud/ -- 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.
National Lending Industry Leaders, Residential Capital Partners and 2020 REI Group, Join Forces
DALLAS, Texas /ScoopCloud/ -- 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.