Mergers and Acquisitions News

NEW YORK, N.Y., Oct. 27, 2020 (SEND2PRESS NEWSWIRE) — 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.

NORTH KANSAS CITY, Mo., Sept. 24, 2020 (SEND2PRESS NEWSWIRE) — 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, Pa., Aug. 4, 2020 (SEND2PRESS NEWSWIRE) — 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.

LOS ANGELES, Calif., July 30, 2020 (SEND2PRESS NEWSWIRE) — 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.

ROCKVILLE CENTRE, N.Y., July 28, 2020 (SEND2PRESS NEWSWIRE) — 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”).

CHICAGO, Ill., June 12, 2020 (SEND2PRESS NEWSWIRE) — 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.

ALEXANDER CITY, Ala., May 21, 2020 (SEND2PRESS NEWSWIRE) — 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, Okla., May 5, 2020 (SEND2PRESS NEWSWIRE) — 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!!!

NEW YORK, N.Y., May 4, 2020 (SEND2PRESS NEWSWIRE) — 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.

SAN DIEGO and RANCHO SANTA MARGARITA, Calif., April 29, 2020 (SEND2PRESS NEWSWIRE) — 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.

HUMBLE, Texas, March 10, 2020 (SEND2PRESS NEWSWIRE) — 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.

COLTS NECK, N.J., Feb. 28, 2020 (SEND2PRESS NEWSWIRE) — 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).

MESQUITE, Texas, Feb. 27, 2020 (SEND2PRESS NEWSWIRE) — 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.

MIAMI, Fla., Feb. 21, 2020 (SEND2PRESS NEWSWIRE) — 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.

PASADENA, Calif. and WOODLAND HILLS, Calif., Jan. 27, 2020 (SEND2PRESS NEWSWIRE) — 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.

RALEIGH, N.C., Jan. 10, 2020 (SEND2PRESS NEWSWIRE) — 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.

LOS ANGELES, Calif., Jan. 7, 2020 (SEND2PRESS NEWSWIRE) — 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.

SAN FRANCISCO, Calif. and NEW YORK, N.Y., Jan. 2, 2020 (SEND2PRESS NEWSWIRE) — 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.

LOVELAND, Colo., Nov. 19, 2019 (SEND2PRESS NEWSWIRE) — Boulder, Colorado area’s Brandon Hernandez, co-founder and senior partner of Whole Brain Consulting, announces acquisition of JL Dale and Associates, LLC.

BURLINGTON, Vt., Nov. 18, 2019 (SEND2PRESS NEWSWIRE) — 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.

ATLANTA, Ga. and SAN FRANCISCO, Calif., Nov. 14, 2019 (SEND2PRESS NEWSWIRE) — 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 15 has closed.

SAN DIEGO and RANCHO SANTA MARGARITA, Calif., Oct. 21, 2019 (SEND2PRESS NEWSWIRE) — 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.

ATLANTA, Ga. and SAN FRANCISCO, Calif., Oct. 15, 2019 (SEND2PRESS NEWSWIRE) — 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.

WINTER PARK, Fla., Oct. 1, 2019 (SEND2PRESS NEWSWIRE) — 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.

NEW YORK, N.Y., and SAN FRANCISCO, Calif., Sept. 3, 2019 (SEND2PRESS NEWSWIRE) — 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.

NEW YORK, N.Y., Aug. 21, 2019 (SEND2PRESS NEWSWIRE) — 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.

TOLEDO, Ohio, Aug. 15, 2019 (SEND2PRESS NEWSWIRE) — 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.

SAN FRANCISCO, Calif., Aug. 8, 2019 (SEND2PRESS NEWSWIRE) — 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, Tenn., Aug. 6, 2019 (SEND2PRESS NEWSWIRE) — 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.

WINTER HAVEN, Fla., Aug. 2, 2019 (SEND2PRESS NEWSWIRE) — 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.

DENVER, Colo., July 15, 2019 (SEND2PRESS NEWSWIRE) — 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.

NEW YORK, N.Y., June 18, 2019 (SEND2PRESS NEWSWIRE) — 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.

NEW YORK, N.Y., June 14, 2019 (SEND2PRESS NEWSWIRE) — 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.

NORWALK, Conn., June 4, 2019 (SEND2PRESS NEWSWIRE) — 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.

SAN FRANCISCO and LIVERMORE, Calif., May 6, 2019 (SEND2PRESS NEWSWIRE) — 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.

PHILADELPHIA, Pa., May 3, 2019 (SEND2PRESS NEWSWIRE) — 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.

DALLAS, Texas, April. 8, 2019 (SEND2PRESS NEWSWIRE) — 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.

NEW YORK, N.Y., March 13, 2019 (SEND2PRESS NEWSWIRE) — seriesOne Inc., a leading global digital security fundraising platform led by leaders with over 20 years of traditional investment banking, venture capital and technology experience, today announced its acquisition of Dynamo Development, a custom software development company with a mature engineering team based in the Ukraine.

HERNDON, Va., March 5, 2019 (SEND2PRESS NEWSWIRE) — Tyto Athene, a market leader in solving complex operational challenges by making information securely available across myriad technologies worldwide for government customers, backed by Arlington Capital Partners, has announced today its acquisition of Island Information Technology Consultants (IITC).

TAMPA, Fla., Feb. 19, 2019 (SEND2PRESS NEWSWIRE) — IT Partners, a trusted adviser in the data and security space, today announced it has named industry veteran Josh Hauser as the Chairman of the Board of Directors, joining a team that possesses a long list of business and military success.