Mergers and Acquisitions News

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.

SAN FRANCISCO, Calif. and NEW YORK, N.Y., Feb. 4, 2019 (SEND2PRESS NEWSWIRE) — EPIC Holdings, Inc. (‘EPIC’) today announced the closing of EPIC’s acquisition of Integro Holdings Inc. (substantially all of the U.S. operations of Integro Group Holdings). Please see our press release issued on December 17, 2018 that follows for more details and comments on the transaction.

MORROW, Ga., Jan. 24, 2019 (SEND2PRESS NEWSWIRE) — New York based CityView Commercial LLC, led by Jimmy Khezrie and Jack Friedler, has purchased Southlake Mall in Atlanta, Georgia. Jacobs REA led by Sholom Jacobs partnered with CVC in this transaction. Southlake Mall is a two-level mall consisting of approximately 1,015,984 square feet of gross leasable area located in the City of Morrow.

HOLLAND, Mich., Jan. 15, 2019 (SEND2PRESS NEWSWIRE) — Almost Heaven Saunas is being acquired by Harvia, the leading sauna heater and component manufacturer. Harvia Oyj, has announced that it is purchasing U.S. sauna manufacturer, Almost Heaven Saunas. This acquisition will enable Harvia to offer better and more extensive service to its customers in North America.

AVON, Conn., Jan. 7, 2019 (SEND2PRESS NEWSWIRE) — Paragon Insurance Holdings, LLC, a national multi-line specialty program manager, today announced it has contracted with Argo Group International Holdings, Ltd. (NYSE: ARGO) to assume MGA responsibilities for Argo’s Landscape Contracting program, effective January 1, 2019.

NEW YORK, N.Y., Dec. 17, 2018 (SEND2PRESS NEWSWIRE) — EPIC Holdings, Inc. today announced an agreement to acquire Integro Holdings Inc., which houses substantially all of the U.S. operations of Integro Group Holdings, LP. Founded in 2005, Integro has built a highly successful specialty insurance brokerage and consulting business in the U.S. with revenue in excess of $150 million.

ATLANTA, Ga., Dec. 3, 2018 (SEND2PRESS NEWSWIRE) — JenCap Holdings LLC (JCH), a specialty insurance business, announced today that it has agreed to acquire privately-held Risk Innovations LLC, a specialty wholesale insurance broker based in Atlanta, Georgia. Financial terms were not disclosed.

SAN FRANCISCO, Calif., Nov. 27, 2018 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today the purchase of a retail wine industry book of business from Managing General Agency (MGA) Paragon Insurance Holdings LLC. The accounts in question came to Paragon in the fall of 2017 when they acquired wine industry specialist John Sutak Insurance Brokers, along with two winery programs from the Argo Group.

NEW YORK and SAN FRANCISCO, Calif., Oct. 11, 2018 (SEND2PRESS NEWSWIRE) — Total Management Corporation (TMC) and EPIC Insurance Brokers & Consultants, a unique and innovative national retail insurance brokerage and employee benefits consulting firm, announced today that EPIC has acquired the assets, employees and operations of TMC.

RALEIGH, N.C., Oct. 1, 2018 (SEND2PRESS NEWSWIRE) — The rapidly growing Capital Auto Group recently acquired Chrysler Dodge Jeep Ram of Indian Trail as their newest store addition. Capital Auto Group has been a thriving brand since 1985, boasting 17 impressive stores, reaching communities throughout North Carolina.

BOLINGBROOK, Ill., Sept. 17, 2018 (SEND2PRESS NEWSWIRE) — The Seidel Diesel Group has acquired the assets of Associated Fuel Injection of Modesto, California, and the business will continue to operate out of the current Modesto facility. This brings SDG’s total number of fuel shops to ten.

NEW YORK, N.Y. and SAN FRANCISCO, Calif., Sept. 13, 2018 (SEND2PRESS NEWSWIRE) — Vanbridge, LLC, a specialty insurance intermediary, program management, and risk advisory services business, and EPIC Insurance Brokers & Consultants, a unique and innovative national retail insurance brokerage and employee benefits consulting firm, announced today that EPIC has acquired the assets, employees and operations of Vanbridge.

ROANOKE, Va., Aug. 20, 2018 (SEND2PRESS NEWSWIRE) — Magic City Ford is celebrating its 80th year in business by announcing the acquisition of Alleghany Motors in Covington, Va. This expansion and multi-million-dollar investment from Magic City into the Alleghany Highlands will expand Magic City’s presence, create dozens of new jobs, and give Magic City customers access to 7 additional great brands for both sales and service.

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.