Mergers and Acquisitions News - Page 3

Page 3 of Mergers and Acquisitions News issued by the Send2Press® Newswire service.



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.

ImageWorks Corporation/AFP – The Leader in Veterinary Digital Dental Imaging, Acquired

DENVER, Colo., Feb. 4, 2014 (SEND2PRESS NEWSWIRE) — Blackstone Holdings, LLC (Denver, Colo.) has acquired the veterinary division of ImageWorks Corporation/AFP (Elmsford, N.Y.). The new company will operate as ImageWorks Veterinary. Continuing the ‘Made in the USA’ tradition, all operations and manufacturing have been relocated to Colorado.

EPIC announces acquisition of Altus Specialty Group’s Program Business

BOSTON, Mass., Jan. 21, 2014 (SEND2PRESS NEWSWIRE) — EPIC (Edgewood Partners Insurance Center) a retail property, casualty insurance brokerage and employee benefits consultant, announced today it has acquired certain assets of program specialist Altus Specialty Group (ASG), namely the program book of business (ASG Programs). The acquisition of this business comes on the heels of EPIC’s November 2013 announcement of plans to pursue national expansion, backed by capital from The Carlyle Group and Stone Point Capital.

EPIC announces expansion to the Southeast

SAN FRANCISCO, Calif., Jan. 9, 2014 (SEND2PRESS NEWSWIRE) — EPIC (Edgewood Partners Insurance Center), a retail property and casualty insurance brokerage and employee benefits consultant, announced today it has acquired The McCart Group of Atlanta, Ga.

Interpreters Unlimited, Inc. Doubles Revenue through Translation and Medical Transportation Company Acquisition

SAN DIEGO, Calif., Dec. 20, 2013 (SEND2PRESS NEWSWIRE) — Interpreters Unlimited, Inc. announced this week that it has recently acquired Albors and Alnet, a language and medical transportation company. The Bank of Southern California was instrumental in providing the financing for the acquisition.

The Carlyle Group to Invest in Edgewood Partners Insurance Center to Support EPIC’s Expansion

SAN FRANCISCO, Calif., Nov. 14, 2013 (SEND2PRESS NEWSWIRE) — Edgewood Partners Insurance Center (EPIC), a leading retail insurance broker headquartered in California, announced today that funds managed by global alternative asset manager The Carlyle Group (Carlyle) have agreed to acquire a controlling equity stake in the company. Carlyle’s investment will enable EPIC to continue to execute its organic growth strategy and support strategic acquisitions of complementary insurance distribution platforms throughout the United States.

EPIC announces acquisition of SafeHarbor Risk Management

SAN FRANCISCO, Calif., Aug. 6, 2013 (SEND2PRESS NEWSWIRE) — EPIC, a retail property and casualty insurance brokerage and employee benefits consultant, announced today it has acquired SafeHarbor Risk Management.

Edupoint’s Growth and Success in Virginia Continues

MESA, Ariz., June 11, 2013 (SEND2PRESS NEWSWIRE) — A strong commitment to the Virginia market has resulted in continued success for Edupoint(R) Educational Systems, as five former Star_Base districts representing over 177,000 students have recently selected the Synergy(R) Education Platform – a leading student information system solution for the national K-12 market. As a successful solution already serving numerous districts in the state, Synergy’s industry leading functionality – combined with Edupoint’s proven and established transition approach – have proven a favorable solution for districts seeking a new SIS.

Multi-Flow Industries Announces Acquisition of Columbus, Ohio, Distributor

HUNTINGDON VALLEY, Pa., June 3, 2013 (SEND2PRESS NEWSWIRE) — Multi-Flow Industries announced that it has completed the acquisition of one of the largest Independent Fountain-Dispensed Beverage Distributors in Ohio. This acquisition affords Multi-Flow Industries the distribution opportunity to directly service customers in Central Ohio, building upon their current distribution in Southern Ohio and Northern Kentucky.

EPIC Advances Strategic Business Plan in Southern California’s Inland Empire

ONTARIO, Calif., April 1, 2013 (SEND2PRESS NEWSWIRE) — EPIC (Edgewood Partners Insurance Center), a retail property, casualty and employee benefits insurance brokerage, today announced key steps in advancing their business strategy in Southern California’s Inland Empire.

ProSource Announces Acquisition of IT Services Company, Infitech

CINCINNATI, Ohio, March 28, 2013 (SEND2PRESS NEWSWIRE) — ProSource, the tri-state leader in office technology and business solutions, today announced the acquisition of Infitech, a managed network services provider for small and medium sized businesses. The acquisition of Infitech expands ProSource’s office technology solutions to include a full-range of IT offerings.

Riverview Financial Corporation and Union Bancorp, Inc. Announce Definitive Agreement and Plan of Consolidation

MARYSVILLE, Pa., March 8, 2013 (SEND2PRESS NEWSWIRE) — Riverview Financial Corporation (‘Riverview’) (OTCQB: RIVE), the holding company for Riverview Bank, and Union Bancorp, Inc. (‘Union’) (OTCQB: UBPT), the holding company for Union Bank and Trust Company, jointly announced today that they have signed a definitive agreement to consolidate their respective holding companies and merge their bank subsidiaries.

Truebridge Acquires Bank-Brokerage Consulting Firm

BOSTON, Mass., Feb. 14, 2013 (SEND2PRESS NEWSWIRE) — Truebridge, Inc., a Boston-based financial services marketing firm for banks and credit unions, has acquired American Brokerage Consultants of St. Petersburg, Florida. The announcement was made today by Stewart Rose, CEO of Truebridge.

Internet Business Broker Expert Coaches Website Owners How to Sell For Optimal Price

YELM, Wash., Feb. 6, 2013 (SEND2PRESS NEWSWIRE) — David Fairley, president and founder of Website Properties (WebsiteProperties.com), has successfully helped people to buy and sell Internet-based businesses since 2002. And 2013 is shaping up to be another strong year in the online business sales niche.

Leading Long Term Care Insurance Distributors Announce Merger

OVERLAND PARK, Kan., Jan. 7, 2013 (SEND2PRESS NEWSWIRE) — The National LTC Network is pleased to announce the merger of two of its member firms’ Long Term Care insurance brokerage operations. Effective January 1, 2013, Individual Commercial Brokerage, Inc. (ICB) and Gelbwaks Executive Marketing Corp. (GEM) are combining their two award-winning and nationally-recognized operations.

EPIC announces acquisition of Homeplace Insurance Brokers

ONTARIO, Calif., Jan. 3, 2013 (SEND2PRESS NEWSWIRE) — EPIC (Edgewood Partners Insurance Center), a retail property, casualty insurance brokerage and employee benefits consultant, announced today it has entered into an agreement to acquire Homeplace Insurance Brokers, Inc.

Facility Rx Announces Acquisition of the Office Planning Group

SAN ANTONIO, Texas, July 2, 2012 (SEND2PRESS NEWSWIRE) — Today, Facility Rx (FRx) CEO and President Vivian Holder announced the acquisition of The Office Planning Group (OPG). OPG is a 25 year old company headquartered in San Antonio, Texas with client relationships in private and government sectors. It is also an aligned TAB dealer providing specialty file and storage systems, document imaging, records management, commercial office furniture, and related facility services.

Precision Aerospace Components Acquires FDMC

STATEN ISLAND, N.Y., June 21, 2012 (SEND2PRESS NEWSWIRE) — Precision Aerospace Components Inc. (OTCBB:PAOS / PINK:PAOS), a growing provider of fasteners and components to the military and aerospace industries under its Freundlich Supply and Tiger-Tight companies, announced it has acquired the assets of Fastener Distribution and Marketing Company, (FDMC). FDMC is the parent company of Aero-Missile Components, (AMC) and Creative Assembly Systems, (CAS).

RBC Wealth Management Welcomes George Feneis and Paul Granito to New York Metro Office

PARAMUS, N.J., Feb. 22, 2012 (SEND2PRESS NEWSWIRE) — RBC Wealth Management, one of the nation’s largest full-service securities firms, recently welcomed the highly sought after FG Group, consisting of Financial Advisors George Feneis and Paul C. Granito, to the New York metro area, according to Scott Fergang, Paramus Branch Director. The FG Group joins RBC Wealth Management from Morgan Stanley Smith Barney, and has more than $350 million in assets under management and close to $3 million in production.

Third Law Sourcing Partners Ranked #4 Among Top 25 Entrepreneurs by Business to Business Magazine

DULUTH, Ga., Dec. 28, 2011 (SEND2PRESS NEWSWIRE) — Third Law Sourcing managing partners Brad Birdwell and Scott Drobes were chosen by Business to Business magazine as two of metro Atlanta’s Top 25 Entrepreneurs. Third Law Sourcing is a strategic sourcing and procurement consulting company. Third Law Sourcing revenues grew by 963 percent between 2007 and 2010, earning them the #4 spot on the annual ranking of metro-Atlanta’s Top 25 Entrepreneurs and Ones to Watch.

Habib Noor Acquires Global Empire LLC, DBA Global Healthcare Group

HARRISBURG, Pa., Nov. 22, 2011 (SEND2PRESS NEWSWIRE) — Habib Noor has acquired Global Empire LLC, DBA Global Healthcare Group (GHG), a leading healthcare staffing company based in Harrisburg, Pennsylvania. Effective November 1, 2011, Habib Noor has taken the role of President and Owner to uphold GHG’s commitment to providing unrivaled healthcare services to commercial and government clients nationwide.

Hill PHOENIX Portfolio Grows with Dover Acquisition of Denmark-based Advansor A/S

CONYERS, Ga., Nov. 7, 2011 (SEND2PRESS NEWSWIRE) — Hill PHOENIX Inc., a Dover Company, has expanded its portfolio of operating companies with Dover’s acquisition of Denmark-based Advansor A/S. The Danish company specializes in the design and manufacture of HFC-free, CO2 transcritical refrigeration and heat pump systems for supermarkets and light industrial applications. Advansor and Hill PHOENIX combined have more than 550 CO2 systems operating in supermarkets in the United States, Europe and Canada, making them the largest manufacturer of CO2 refrigeration systems in the world.

California IVF Updates Name to Reflect Consolidation of Sacramento Area Fertility Centers

DAVIS, Calif. (SEND2PRESS NEWSWIRE) — California IVF: Davis Fertility Center, Inc. announces a name change for their Sacramento area fertility centers. The infertility treatment center will now operate under the name California IVF Fertility Center and the shorter version California IVF. The name change was made to reflect the operation of clinics at various locations throughout the Sacramento area.

Cloud Communications Leader Telovations Expands with Acquisition of FeatureTel

TAMPA, Fla. (SEND2PRESS NEWSWIRE) — Telovations Inc., one of the nation’s leading providers of cloud communications services to business, announces the acquisition of FeatureTel, the leading IP telephony company in North Carolina. The acquisition expands the Telovations network footprint, increases its software integration capabilities and strengthens the company’s customer base. In addition, the company will be expanding its customer service team in both North Carolina and Florida.

Pet Businesses Are Thriving, Top Georgia Business Broker Says

ATLANTA, Ga. (SEND2PRESS NEWSWIRE) — The economy may be in the doghouse, but Georgia businesses that pamper pooches and caress kittens are doing well. Last year, top Georgia business broker Loren Marc Schmerler, of Bottom Line Management, Inc., helped owners sell two pet-centered businesses, and says such businesses are bucking the economic trend.

Bondroff Realty International Merges into Elite Pacific Properties

HONOLULU, Hawaii (SEND2PRESS NEWSWIRE) — Elite Pacific Properties, a fast-growing boutique Oahu real estate firm specializing in mid- to high-end real estate, announced today that it has merged with Bondroff Realty International. Christine Bondroff, President of Bondroff Realty, has joined Elite Pacific Properties as Director of Business Development.

Socket Systems, LLC under New Ownership – Manufacturing the Lumber Link Metal Joinery Building System

CANFIELD, Ohio (SEND2PRESS NEWSWIRE) — Owner Ron Cianciola purchased Socket Systems, founded 1983, in November, 2007. Socket Systems manufactures a steel joinery system called Lumber Link. This 3/16-inch steel ‘socket,’ joins 6-inch x 6-inch rough-cut timbers or wood members, to create a clear span building frame. The standard Lumber Link kit will create an open area up to 30 feet wide. Options include Porch Extensions of 15 feet on each side, multiple roof options and building styles. The Gambrel roof option is perfect for a spacious second floor.

Namtra Corporation Acquires eTaxPortal

RESTON, Va. (SEND2PRESS NEWSWIRE) — Namtra Business Solutions, a 2009 Deloitte 500 fastest growing company, today announced that its software division has completed the acquisition of eTaxPortal. Namtra’s eTaxPortal is a Web based tax process automation for today’s tax department. It provides a single gateway to commonly used tax tools.

Central South Distribution, Inc. Makes Historical Merger with Lataillade Entertainment and Ruff Town Entertainment Group

NEW YORK, N.Y. (SEND2PRESS NEWSWIRE) — Central South Distribution, Inc., which has been the number one independent faith based record distributor in the world for the past decade, has formed a partnership with Lataillade Entertainment, headed by contemporary gospel label / publishing / marketing guru Vicki Mack-Lataillade and her husband, Claude Lataillade, and Grammy® nominated songwriter producer Rene Moore, head of Ruff Town Entertainment Group. The multi-million dollar stock purchase marks the first time in history that African Americans will have a principal stake and partnership in a major contemporary music distribution company.