Mergers and Acquisitions News - Page 2

Page 2 of Mergers and Acquisitions News issued by the Send2Press® Newswire service.



EPIC Sells North Bay Operations to InterWest Insurance Services

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.

JenCap Holdings Acquires Trivedi-Capacity Associates

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.

Wholesale Trading Co-Op is Acquired by The Carlyle Group and Rebrands as Wholesale Trading Insurance Services

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.

Titan Lenders Corp. Announces Acquisition by MetaSource LLC

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.

Diverse Technology Solutions Inc. acquires cloud hosted Unified Communications VOIP telephony provider ‘Voitual’ of Delray Beach, Florida

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.

Protector Holdings Acquires BetterWay Insurance Services

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.

Capital Automotive Group welcomes Bobby Murray Chevrolet

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.

Crime Scene Clean Up Parent Company Announces Acquisition of 3 BioHazard Firms

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.

Ascende, Inc., a Leading Human Capital and Employee Benefits Consulting Firm, Joins EPIC

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.

MCT Trading, Inc. Acquires Assets of PLar Analytics, LLC and PB Pacific Partners, LLC

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.

Asentinel acquires eMOBUS – extends Mobility Managed Services portfolio

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).

Verify Smart Corporation Acquires Controlling Interest in Surf Smart Solutions, LLC

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.

Iowa-Based Lattice Communications Sells Assets and Three Services Divisions

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.

El Dorado Hills Family Law Firm Transfers Ownership, Remains Strong

EL DORADO HILLS, Calif., Aug. 3, 2015 (SEND2PRESS NEWSWIRE) — Stockdale Law Firm, a well-known divorce and family law firm in El Dorado Hills, has announced it is transferring ownership at the end of August with the intent to carry on the success and trust it has built over the last 12 years.

From Pooper-Scoopers to Business Owners, Young Entrepreneurs Purchase Local Doggie Daycare Franchise

FARMINGDALE, N.Y., June 12, 2015 (SEND2PRESS NEWSWIRE) — Young entrepreneurs Jennifer Jung and Candice Vogel recently took the big leap from employees to business owners to seize opportunities in the booming pet care industry. Jennifer and Candice began as entry-level kennel workers at Long Island-based Hounds Town USA, a fully interactive doggie daycare and pet care franchise.

EPIC expands Employee Benefits Practice with the acquisition of Executive Financial, Inc. in Southern California

SAN FRANCISCO, Calif., May 18, 2015 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, announced today it has acquired Executive Financial, Inc., an employee benefits consulting firm specializing in executive benefits, life, and disability insurance strategies.

EPIC Strengthens Auto Dealer Programs with the acquisition of Sorci Insurance Brokerage Inc.

SAN FRANCISCO, Calif., May 12, 2015 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, announced today it has acquired Sorci Insurance Brokerage, Inc., a specialist in providing comprehensive Workers’ Compensation Insurance services to New Car Auto Dealers in California.

Arkansas Mutual to Join Constellation

LITTLE ROCK, Ark., May 8, 2015 (SEND2PRESS NEWSWIRE) — Arkansas Mutual Insurance Company announced today that it will be joining Constellation, a mutual holding company, and its family of companies. Arkansas Mutual is a provider of medical professional liability insurance for physicians, located in Little Rock; it will be the third Constellation member company, joining MMIC and UMIA. The terms of the transaction were not disclosed.

Protector Holdings Acquires Oasis South Insurance Services

SAN FRANCISCO, Calif., March, 31, 2015 (SEND2PRESS NEWSWIRE) — Protector Holdings, a joint venture of EPIC (Edgewood Partners Insurance Center) and Dowling Capital Partners, announced today the acquisition of Oasis South Insurance Services.

Emilio N. Francisco, PDC CEO, Announces Acquisition of EB-5 Regional Center

COSTA MESA, Calif., March 27, 2015 (SEND2PRESS NEWSWIRE) — Emilio N. Francisco, Chairman and Chief Executive Officer of private equity firm PDC Capital Group, announced the acquisition of ZGlobal Southern California EB-5 Investment Regional Center.

The Harman Press Acquires A&I

NORTH HOLLYWOOD, Calif., Feb. 18, 2015 (SEND2PRESS NEWSWIRE) — In a move that continues the expansion of its commercial printing business, The Harman Press has acquired AandI Photographic and Digital and its staff, effective February 13, 2015. AandI is expected to move operations from its current Burbank address to The Harman Press facility in North Hollywood before the end of March. The announcement was made by AandI co-owners Baret Lepejian and Vic Lepejian together with The Harman Press president Phillip Goldner.

Protector Holdings Acquires Peartree Insurance Services

SAN FRANCISCO, Calif., Feb. 4, 2015 (SEND2PRESS NEWSWIRE) — Protector Holdings, a joint venture of EPIC (Edgewood Partners Insurance Center) and Dowling Capital Partners, announced today the acquisition of Peartree Insurance Services.

Energy Optimizers, USA sells lighting affiliate Lighting Optimizers, USA to focus on core business

TIPP CITY, Ohio, Jan. 26, 2015 (SEND2PRESS NEWSWIRE) — The owners of Energy Optimizers, USA have sold its affiliate company, Lighting Optimizers, USA, to Eco Engineering. This decision was made to ensure continued world-class service for Energy Optimizers’ clients, while allowing the company to focus on and expand its core business of vendor-neutral energy efficiency projects for the educational, governmental, commercial and industrial markets.

DocMagic Acquires Doc-Tech Corp., Further Establishing Market Dominance

TORRANCE, Calif., Dec. 9, 2014 (SEND2PRESS NEWSWIRE) — DocMagic, Inc., the premier provider of fully-compliant loan document preparation, compliance, eSign and eDelivery solutions, announced today that it has acquired the assets of Doc-Tech Corporation, dba Document Express, a boutique document preparation company known for its exceptional customer service. The acquisition comes on the heels of DocMagic completing the purchase of award-winning eSignSystems in October.

Mid America Mortgage to Integrate Affinity Lending Solutions

ADDISON, Texas, Dec. 3, 2014 (SEND2PRESS NEWSWIRE) — Mid America Mortgage, Inc. (Mid America) owner and Chief Executive Officer Jeff Bode, and Houston-based Affinity Lending Solutions, LLC (Affinity), president and Chief Executive Officer Scott R. Valby, today announced their intention to integrate Affinity’s production operations and branch network into Mid America’s mortgage platform.

TeamSnap Acquires Rostering Mobile App HomeTeam

BOULDER, Colo., Dec. 3, 2014 (SEND2PRESS NEWSWIRE) — TeamSnap, used by 7 million people around the world to coordinate their sports and other ongoing group activities, today announced it has completed the acquisition of HomeTeam, a mobile app used to organize team rosters, schedules and contacts, developed by Silicon Valley’s Crescent Computing. Terms of the transaction were not disclosed.

EPIC expands with the acquisition of Greyling Insurance Brokerage and Risk Consulting

SAN FRANCISCO, Calif., Nov. 24, 2014 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, announced today it has acquired Greyling Insurance Brokerage and Risk Consulting, Inc., a specialty insurance broker and risk management consultant based in Atlanta, Ga., with locations in St. Louis, Mo. and Tampa, Fla.

Bank of Southern California Acquires Frontier Bank, FSB dba El Paseo Bank

PALM DESERT, Calif., Nov. 7, 2014 (SEND2PRESS NEWSWIRE) — Bank of Southern California, N.A. (OTC Markets FBBN / OTCMKTS:FBBN) announced today that it purchased substantially all the assets and liabilities of Frontier Bank, FSB dba El Paseo Bank through a purchase and assumption agreement with the FDIC.

EPIC adds Sharon Rusconi as Vice President and Regional Surety Executive

SAN FRANCISCO, Calif., Nov. 5, 2014 (SEND2PRESS NEWSWIRE) — EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, announced today that surety executive Sharon Rusconi and her team have joined the firm in Sacramento, Calif. Rusconi’s book of business and other assets were purchased by EPIC from Lesron Insurance Agency, Inc.

Somerset Hills and Somerset Valley YMCAs to Join Together

BASKING RIDGE, N.J., Oct. 30, 2014 (SEND2PRESS NEWSWIRE) — The Somerset Hills and Somerset Valley YMCAs are pleased to announce that effective January 1, 2015 both organizations will formally join together to form one YMCA association that will be known as the Somerset County YMCA.

Healthcare Insights, LLC and NOMISe Systems, Inc. Announce Merger Plans

LIBERTYVILLE, Ill., Sept. 30, 2014 (SEND2PRESS NEWSWIRE) — Healthcare Insights, LLC, a financial management software firm serving the healthcare industry, and NOMISe Systems, Inc., a provider of hospital cost accounting and patient analytics solutions, today announced the merger of their business operations. The new company will operate under the Healthcare Insights name with an expanded and improved suite of software products, consulting, and outsourced solutions marketed under the INSIGHTS(R) software and NOMISe(R) services brands.

Protector Holdings Acquires SavePro Insurance Solutions

SAN FRANCISCO, Calif., Sept. 8, 2014 (SEND2PRESS NEWSWIRE) — Protector Holdings, LLC, a joint venture of EPIC (Edgewood Partners Insurance Center) and Dowling Capital Partners, announced today the acquisition of Northern California’s SavePro Insurance Solutions.

TeamSnap Acquires EasyTeamManager

BOULDER, Colo., Aug. 26, 2014 (SEND2PRESS NEWSWIRE) — TeamSnap, used by nearly 7 million people around the world to coordinate their sports and other ongoing activities, today announced it has completed acquisition of Easy Team Manager assets from Lone Tree, Colorado-based Kranitz Enterprises, Inc. Terms of the transaction were not disclosed.

EPIC Purchases Jenkins Insurance Services

SAN FRANCISCO, Calif., July 21, 2014 (SEN2PRESS NEWSWIRE) — The shareholders of Jenkins Insurance Services (Jenkins), a Leavitt Group agency, have sold 100 percent of their shares in Jenkins to EPIC (Edgewood Partners Insurance Center). The transaction, which closed on July 17, was retroactively effective July 1. Jenkins, with California offices in Concord, Sacramento, San Jose, Orange County, and in Reno, Nevada, employs 160 and has approximately $34 million of annual revenue.

LTC Global Marketing and LTC Financial Partners Merge to Form Large One-Stop Shop for Long Term Care and Medicare Insurance Solutions

KIRKLAND, Wash., July 2, 2014 (SEND2PRESS NEWSWIRE) — Today LTC Financial Partners, LLC and LTC Global Marketing Inc. announced the completion of the merger of the two companies into one of America’s largest distributors of senior market insurance products. Industry veteran Denise Gott, formerly Executive Vice President of LTC Financial, will serve as Chief Executive Officer of the new combined entity.

ECS Acquires Pangean-CMD Associates

AGAWAM, Mass., June 4, 2014 (SEND2PRESS NEWSWIRE) — Environmental Compliance Services, Inc. (ECS) announced today the completion of the acquisition of the corporate assets and remarkable human talent of Pangean-CMD Associates, Inc. (PCMD) of Woodstock, Ga. This acquisition, the largest in ECS’ 32-year history, will drive ECS’ evolution by expanding the market areas the company serves into Georgia, Tennessee, Alabama, Illinois, Indiana, Missouri, Colorado, and Utah.

Techno Isel is now ISEL USA

HICKSVILLE, N.Y. and EITERFELD, Germany, May 13, 2014 (SEND2PRESS NEWSWIRE) — Isel USA Inc is pleased to announce that Techno Isel is now Isel USA Inc. and has become a part of the Isel Group in Germany. Techno Isel sold and supported the automation products from Isel Germany for over 25 years. In the new business arrangement, all the products formerly sold by Techno Isel will continue to be both sold and supported by Isel USA Inc.

Prime Focus Technologies Completes Acquisition of DAX

MUMBAI and LOS ANGELES, Calif., April 7, 2014 (SEND2PRESS NEWSWIRE) — Prime Focus Technologies (PFT), the technology subsidiary of Prime Focus (BSE code: 532748) today announced that it has completed the acquisition of DAX, a leading provider of cloud-based production workflow and media asset management applications to the entertainment industry.

Prime Focus Technologies to acquire DAX

MUMBAI and LOS ANGELES, Calif., March 11, 2014 (SEND2PRESS NEWSWIRE) — Prime Focus Technologies (PFT), the technology subsidiary of Prime Focus (BSE code: 532748) today announced that it has signed a definitive agreement to acquire DAX, a leading provider of cloud-based production workflow and media asset management applications to the entertainment industry for a base consideration of US$ 9.1 million in a uniquely structured performance linked transaction.

The Harman Press Acquires Fox Printing – Legacy North Hollywood Printers Consolidate Union Printing Operations

NORTH HOLLYWOOD, Calif., Feb. 11, 2014 (SEND2PRESS NEWSWIRE) — Continuing the expansion of its commercial printing business, and the consolidation of union printers in the Los Angeles area, The Harman Press has acquired Fox Printing and its staff, effective February 10, 2014. Both companies are family owned and members of Teamsters Local 572.