Mergers and Acquisitions News

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.

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 30, 2018.

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.

LA GRANGE, N.C., March 9, 2018 (SEND2PRESS NEWSWIRE) — Deacon Jones began acquiring the Dan Wise Chevrolet of La Grange dealership beginning on March 1, 2018. Johnathan Johnson will be the new General Manager and the location of the new Deacon Jones Chevrolet of La Grange will be 6595 US Highway 70 West, La Grange, NC 28551.

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 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 AUB and BCAL, and is expected to close in the third quarter of 2018.

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.

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 authorities and wholesale insurance brokerages, respectively located in Guilford, Connecticut and East Douglas, Massachusetts.

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 Mid America’s mortgage platform and secure an interest in their respective pipelines and select assets. Further, Mid America will also offer employment to loan production staff members from each organization.

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.

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 1971 and has been led by Jack Klebba and Randy Kaszeta. Messrs.

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 subsidiary company, PowerGuard Specialty Insurance Services – a renewable energy program manager based in the United States.

MARLBOROUGH, Mass., March 29, 2017 (SEND2PRESS NEWSWIRE) — Following their respective Special Council Meetings, the Knox Trail Council and the Old Colony Council announced today the approval of their consolidation and merger to form a new Boy Scout Council. This new council will serve youth and young adults from the metrowest to southeastern Massachusetts.

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 mental health programs, providing exemplary care to clients struggling with chemical dependency or mental health issues.

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.

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 the largest full-service independent insurance brokerage groups in the nation.

AUSTIN, Texas, March 1, 2017 (SEND2PRESS NEWSWIRE) — Medical and radiation oncology consulting firm Revenue Cycle and healthcare coding and compliance consulting and education firm Coding Strategies announce a merger that will bring the two companies together for the benefit of the healthcare industry.

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 with offices in the U.S. and U.K.

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.

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.

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 insurance from 14 California locations including Sacramento, Yuba City, Lodi, Stockton, Rancho Cordova, Roseville, Modesto, Turlock, Fresno, San Leandro, San Jose and Salinas.

SEATTLE, Wash., Oct. 20, 2016 (SEND2PRESS NEWSWIRE) — Easterseals Washington, a Washington state nonprofit serving adults and children with disabilities, announced today that it is expanding – three new adult day service centers are being been added to Easterseals Washington’s program offerings.

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

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 transaction closes on October 1, 2016.

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 branch of Bank of Southern California. As of Monday, August 22, 2016, the former Opus Bank La Quinta customers now have access to all Bank of Southern California locations, including three Coachella Valley branches located in La Quinta, El Paseo-Palm Desert, and Rancho Mirage.

LOS ANGELES, Calif., Aug. 3, 2016 (SEND2PRESS NEWSWIRE) — La Tortilla Oven recently acquired La Tortilla Loca and its intellectual property. As a result of this acquisition, La Tortilla Oven(R) is now the primary holder of Patent Number RE42311, the original fabric tortilla warmer designed to keep tortillas fresh and warm for more than an hour. And, it’s using the technology to deliver a new and healthy microwave steaming method.

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, “business as usual” transition.

HOLLYWOOD, Fla., July 6, 2016 (SEND2PRESS NEWSWIRE) — Sunshine Capital, Inc. (Pinksheets: SCNP / OTC:SCNP) announces it has acquired Small Cap Development, Inc. to help with the execution of the Company’s plan to acquire positions in multiple public companies.

NEW YORK, N.Y., April 21, 2016 (SEND2PRESS NEWSWIRE) — JenCap Holdings, LLC, a consolidator of specialty insurance distribution and program management businesses, including managing general agencies, specialty program underwriters, transactional wholesale brokers and captive managers, has acquired specialist MGA and wholesaler Trivedi-Capacity Associates, LLC. JenCap Holdings, LLC is a portfolio company of The Carlyle Group.

SAN FRANCISCO, Calif. and NEW YORK, N.Y., March 24, 2016 (SEND2PRESS NEWSWIRE) — Wholesale Trading Co-op Insurance Services, a privately-held wholesale insurance specialist serving a group of leading retail insurance brokers, announced today that The Carlyle Group has agreed to acquire a majority stake in wholesale insurance broker JenCap Holdings, LLC and the assets of Wholesale Trading Co-Op Insurance Services, which will be re-named Wholesale Trading Insurance Services, LLC. Wholesale Trading is currently owned by its management team and external private investors.

DENVER, Colo., March 21, 2016 (SEND2PRESS NEWSWIRE) — Mortgage services expert Titan Lenders Corp. (Titan) announced it has been acquired by Utah-based MetaSource, LLC. Terms of the deal were not disclosed. MetaSource provides an array of technology-driven services and solutions, including business process outsourcing.

ISLIP TERRACE, N.Y., March 8, 2016 (SEND2PRESS NEWSWIRE) — Diverse Technology Solutions Inc. (DTS) a N.Y. based cloud hosting service provider has acquired cloud hosted Voice Over IP (VOIP) telephone service provider Voitual of Delray Beach Florida. The newly formed company DTS VOIP LLC will acquire the assets of Voitual rebranding the companies Hosted PBX Voice Over IP telephony service as DTS-VOIP adding another cloud product to the portfolio of DTS’s successful cloud hosting solutions.

SAN FRANCISCO, Calif., March 7, 2016 (SEND2PRESS NEWSWIRE) — Protector Holdings, a joint venture of EPIC Insurance Brokers and Consultants and Dowling Capital Partners, announced today the acquisition of BetterWay Insurance Services.

RALEIGH, N.C., March 2, 2016 (SEND2PRESS NEWSWIRE) — Capital Automotive Group of North Carolina announced today the acquisition of Bobby Murray Chevrolet, 1820 Capital Blvd., Raleigh. The name will change to Capital Chevrolet. This brings to thirteen the number of auto brands represented by Capital.

PATCHOGUE, N.Y., Jan. 19, 2016 (SEND2PRESS NEWSWIRE) — Prestige Worldwide Group, parent company of CrimeSceneCleanup.com, announced today that it has acquired KRI Crime Scene Cleanup of Texas, Crime Scene Inc. of Maryland and Crime Scene Clean LLC of Texas, three of the largest biohazard firms in the U.S. This deal marks one of the largest of its kind in the crime scene cleanup industry and now makes Crime Scene Clean Up the leading firm in the business. They now offer services from New York to California and from Texas to Michigan.

HOUSTON, Texas and SAN FRANCISCO, Calif., Jan. 7, 2016 (SEND2PRESS NEWSWIRE) — Ascende, Inc. (Ascende), a premier human capital and employee benefits consulting firm, and EPIC Insurance Brokers and Consultants, a unique and innovative national retail insurance brokerage and employee benefits consulting firm, announced today that they have joined forces.

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 Pacific Partners, LLC, which offers consulting services on capital markets and mortgage servicing.

PEMBROKE, Fla., Nov. 6, 2015 (SEND2PRESS NEWSWIRE) — Sunshine Capital, Inc. (Pinksheets-SCNP / Pink Sheets:SCNP) today announced that controlling interest of its publicly traded common shares has been acquired by newly formed Delaware company, DIB Funding, Inc., which has ownership of the forthcoming diversified media company, Widjits, Inc. It is anticipate that Widjits Inc. will become its own publicly traded company and possible dividend shares will be issued to existing shareholders of Sunshine Capital, Inc. as of a future dividend date.

MEMPHIS, Tenn., Oct. 20, 2015 (SEND2PRESS NEWSWIRE) — Asentinel, a leading provider of lifecycle Technology and Telecom Expense Management (TEM) solutions, announced today that it has completed the acquisition of eMOBUS, a rapidly growing disruptor in the field of Mobility Managed Services (MMS). Combining easy-to-use software and expert services, eMOBUS makes managing enterprise mobility frictionless, allowing companies to quickly lower costs, automate tedious support tasks and enable BYOD (Bring-Your-Own-Device).

FERNLEY, Nev., Aug. 25, 2015 (SEND2PRESS NEWSWIRE) — Verify Smart Corporation (OTCBB: VSMR / OTCMKTS:VSMR), a global innovator in financial fraud prevention and digital content distribution to the mobile channel, announced today that it has completed the acquisition of 55 percent of Surf Smart Solutions, LLC a Wyoming based online software security company.

FAIRFAX, Iowa, Aug. 6, 2015 (SEND2PRESS NEWSWIRE) — Lattice Communications, the nation’s largest stocking dealer of new and refurbished telecommunications shelters, cabinets, generators, and towers, sold its assets and its three services divisions – towers, fiber optics, and telecom construction – for an undisclosed amount on July 8, 2015.