Tag: Mergers and Acquisitions

SALT LAKE CITY, Utah /California Newswire - National News/ -- Mobility Market Intelligence (MMI), the industry's leading mortgage and real estate data solutions provider, announces major Q1 2025 platform enhancements alongside its strategic acquisition of borrower monitoring and predictive analytics leader, MonitorBase. These initiatives solidify MMI's position as The Ultimate Lead-to-Loan Growth Platform(tm), providing mortgage professionals with unparalleled data intelligence, automation, and borrower engagement tools.

SALT LAKE CITY, Utah /California Newswire - National News/ -- Mobility Market Intelligence (MMI), a leader in data intelligence and market insight tools for the mortgage and real estate industries, has acquired MonitorBase, a borrower monitoring and predictive analytics platform. This acquisition, following MMI's recent addition of Bonzo, a CRM and conversation platform, unites data intelligence, borrower monitoring, and automated engagement into a seamless, end-to-end system for mortgage professionals.

RICHMOND, Va. /California Newswire - National News/ -- Matrix Capital Markets Group, Inc. announces the successful sale of PMI Lubricants ("PMI" or the "Company"), a portfolio company of Dunne Manning, to Wallis Lubricants, LLC. PMI is a leading Mid-Atlantic provider of lubricants, diesel exhaust fluid, and ancillary products to retail, commercial, and industrial customers throughout Virginia and parts of Tennessee, West Virginia, and North Carolina.

RICHMOND, Va. /California Newswire - National News/ -- Matrix Capital Markets Group, Inc. is pleased to announce the sale of Clearfield MMG, LLC, a Virginia-based company renowned for its expertise in innovative, specialized treatment and waste disposal solutions, to VLS Environmental Solutions, LLC, a leader in sustainable waste management and environmental solutions and a portfolio company of I Squared Capital.

RICHMOND, Va., and BALTIMORE, Md. /California Newswire - National News/ -- Matrix Capital Markets Group, Inc. announces that it has advised Jolley Associates, LLC and S.B. Collins, Inc. (collectively, "SBC") on the sale of its convenience retail, wholesale dealer, and residential heating oil (d/b/a as Clarence Brown) businesses to Stewart's Shops Corp.

RICHMOND, Va. and BALTIMORE, Md., July 15, 2024 (SEND2PRESS NEWSWIRE) -- Matrix Capital Markets Group, Inc., a leading, independent investment bank, has advised Pump N' Pantry, Inc. and its affiliates (collectively, "Pump N' Pantry" or the "Company") on the sale of its convenience retail assets to United Refining Company. Headquartered in Montrose, Pennsylvania, Pump N' Pantry is a leading, regional convenience retailer, operating 14 convenience stores throughout central Pennsylvania.

RICHMOND, Va. and BALTIMORE, Md., June 13, 2024 (SEND2PRESS NEWSWIRE) -- Matrix Capital Markets Group, Inc., a leading, independent investment bank, has advised Land O'Sun Management Corporation d/b/a Fast Track on the sale of its petroleum marketing, convenience retail and quick-service restaurant businesses to Anabi Real Estate Development, LLC and its affiliates d/b/a Anabi/Rebel. Headquartered in Gainesville, Florida, Fast Track is a leading petroleum marketing, convenience retail and QSR company, operating 17 convenience stores, 10 co-located QSRs, and two stand-alone QSRs in Northern Florida.

RICHMOND, Va. and BALTIMORE, Md., May 15, 2024 (SEND2PRESS NEWSWIRE) -- Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, announces that it served as lead advisor on G&M Oil Company's ("G&M" or the "Company") syndicated debt financing. Founded in 1988, Matrix Capital Markets Group, Inc. is an independent, advisory focused, privately-held investment bank.

RICHMOND, Va. and BALTIMORE, Md., March 20, 2024 (SEND2PRESS NEWSWIRE) -- Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, announces that it has advised Andretti Petroleum Group ("Company") on the sale of its convenience retail, fuels distribution, cardlock, fleet card, commercial fueling, car wash, lubricants and transportation businesses to H&S Energy, LLC and its affiliates ("H&S"). Andretti Petroleum Group is one of the largest convenience retail and fuels distribution businesses on the West Coast and Pacific Northwest, operating in northern California, Oregon and Washington.

CENTREVILLE, Va., Feb. 12, 2024 (SEND2PRESS NEWSWIRE) -- Avenu Insights & Analytics ("Avenu"), the global leader in revenue recovery and administrative solutions for state and local governments, is excited to announce its acquisition of Judicial Innovations, a pioneering provider of cloud-based payment and case management solutions. This acquisition marks Avenu's second payment solution acquisition in 2024, underscoring its commitment to investing in government payment technologies and expanding its Justice Solution set including Avenu | Court, Avenu | Jury, and Avenu | Payments.

RICHMOND, Va. and BALTIMORE, Md., Feb. 8, 2024 (SEND2PRESS NEWSWIRE) -- Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, announces that it has advised Hicks Oils & Hicksgas, Incorporated ("Hicks" or the "Company") on the sale of its Hicks Oils lubricants business to Schaeffer Manufacturing Company ("Schaeffer"). Hicks Oils is a premier independent lubricant blending and packaging business in southern Illinois that produces automotive and industrial lubricants.

CENTREVILLE, Va., Jan. 17, 2024 (SEND2PRESS NEWSWIRE) -- Avenu Insights & Analytics ("Avenu"), the global leader in revenue recovery and administrative solutions for state and local governments, is proud to announce the acquisition of Finvi's State and Local Government ("Finvi SLG") Division. This strategic move marks a significant expansion of Avenu's offerings and capabilities in serving state and local governments.

RICHMOND, Va. and BALTIMORE, Md., Nov. 2, 2023 (SEND2PRESS NEWSWIRE) -- Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, announces that it has advised Wilmington, NC-based Springer Eubank Company, Inc. and its affiliates ("Springer Eubank" or the "Company") on the sale of the Company's assets including the travel center & convenience & gas division ("TC&G Division") and its delivered fuels and fuel transport divisions to an affiliate of Petroleum Marketing Group, Inc.

HOUMA, La., Oct. 5, 2023 (SEND2PRESS NEWSWIRE) -- FMTC Safety, a leading provider of comprehensive safety training solutions, is pleased to announce its acquisition of M&A Safety Services, a respected safety training company with two training locations in Louisiana: Lafayette and Houma. The acquisition enhances FMTC's course capability in the Offshore, Wind, Maritime, and Industry sectors and solidifies its position as the largest player in the USA safety training market.

WASHINGTON, D.C. and MINNEAPOLIS, Minn., Sept. 27, 2023 (SEND2PRESS NEWSWIRE) -- Aligned Technology Solutions and TechGen Consulting, two award-winning managed IT service providers, merged to form a new company called Teal. This merger is a strategic alliance, built upon complementary strengths, to deliver elevated IT and cybersecurity services to small- and medium-sized organizations - especially those with heightened cybersecurity or compliance requirements.

RICHMOND, Va. and BALTIMORE, Md., Aug. 23, 2023 (SEND2PRESS NEWSWIRE) -- Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, announces that it has advised Mystic Oil Company, Inc. and its affiliates ("Mystic Oil" or the "Company") on its sale to Petroleum Marketing Group, Inc. The Company sells fuels on a consignment and wholesale basis to approximately 150 Gulf, Citgo, ExxonMobil, Shell and unbranded customers in Connecticut, Massachusetts, Rhode Island, New York and Vermont.

RICHMOND, Va. and BALTIMORE, Md., Aug. 17, 2023 (SEND2PRESS NEWSWIRE) -- Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, announces that it has advised H.A. Mapes, Inc. ("H.A. Mapes" or the "Company") on its sale to Nouria Energy Retail, Inc., a subsidiary of Nouria Energy Corporation ("Nouria").

SALT LAKE CITY, Utah, Aug. 2, 2023 (SEND2PRESS NEWSWIRE) -- Mobility Market Intelligence (MMI), a leader in data intelligence and market insight tools for the mortgage and real estate industries, announced its acquisition of relationship management and mortgage marketing platform provider Bonzo. The Bonzo leadership team, including founder and president Jason Perkins, founder and COO/CRO Miles Miller, and CEO Chad Jampedro, will continue to guide the company as it operates as an independent service.

ALPHARETTA, Ga., July 25, 2023 (SEND2PRESS NEWSWIRE) -- Today, WaterSignal, LLC is thrilled to share some truly exciting news: WaterSignal, LLC has been acquired by Metron Farnier, LLC! WaterSignal, LLC is delighted to embark on this new journey, which will undoubtedly benefit its valued clients and further enhance its commitment to water conservation and efficiency.

RICHMOND, Va. and BALTIMORE, Md., July 19, 2023 (SEND2PRESS NEWSWIRE) -- Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, is pleased to announce the sale of Vital Plastics, Inc. ("Vital Plastics" or the "Company"), a high-volume manufacturer and assembler of injection molded plastic products, to Wolverine Capital Partners ("Wolverine Capital").

RICHMOND, Va., BALTIMORE, Md., and NEW YORK, N.Y., July 17, 2023 (SEND2PRESS NEWSWIRE) -- Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, announces that it has advised BeWell Network, LLC ("BeWell" or the "Company") on its successful sale to H.E.R. Management, LLC. BeWell is a residential and outpatient behavioral health provider focused on the treatment of substance use disorder.

RICHMOND, Va. and BALTIMORE, Md., June 29, 2023 (SEND2PRESS NEWSWIRE) -- Matrix Capital Markets Group, Inc. (“Matrix”), a leading, independent investment bank, is pleased to announce the sale of the Lawn & Garden Division (“Antilles L&G” or the “Company”) of Antilles Power Depot Inc. (“APD”) to Freije Supply Inc. (“Freije Supply”).

RICHMOND, Va. and BALTIMORE, Md., June 2, 2023 (SEND2PRESS NEWSWIRE) -- Matrix Capital Markets Group, Inc. ("Matrix"), a leading, independent investment bank, announces that it has advised TBC Corporation ("TBC" or the "Company") on the sale of TBC's company operated retail businesses to Mavis Tire Express Services Corp. ("Mavis"). The sale includes TBC's retail network of 595 tire and automotive service centers that utilize the NTB Tire & Service Centers ("NTB") and Tire Kingdom Service Centers ("Tire Kingdom") brands.

CUMMING, Ga., May 23, 2023 (SEND2PRESS NEWSWIRE) -- DeJazz Woods has always had a love for sports. He has been around athletic equipment since childhood football, leading him to play at the collegiate level as an outside linebacker for the University of Illinois from 2010 - 2014. As a Business Development Manager for three major athletic equipment manufacturers, Woods would cross paths with Jeff Hodge, President of H.E. Hodge Company, and Bud Hodge, the company's founder, who are both huge college football fans.

SAN DIEGO, Calif. /California Newswire/ -- We Inspect, LLC, a global mold inspection, consulting and health technology company, recently acquired Certified Mold Inspections and The Mold Guy. Its acquisitional goal is to unify these individually-owned family businesses under one name and to better serve the community as a whole.

PALO ALTO, Calif. /California Newswire/ -- WordSphere LLC, a leading Palo Alto based tech company, announced today the completion of its acquisition of DrupalWare. DrupalWare, a tech company known for its cutting-edge software solutions, is one of the leading Drupal development agencies in the USA, responsible for sites like Tesla and Pfizer.

CHICAGO, Ill. and SAN FRANCISCO, Calif., Nov. 4, 2022 (SEND2PRESS NEWSWIRE) -- EPIC Insurance Brokers and Consultants ("EPIC") announced today that it has acquired Larry Gordon Agency ("LGA"). The acquisition continues the strategic expansion of EPIC's geographic footprint in the Midwest across its life insurance, executive benefits, and financial advisory distribution businesses under the Vanbridge Life and Executive Benefits umbrella.

SAN FRANCISCO, Calif. /California Newswire/ -- EPIC Insurance Brokers and Consultants announced it has acquired SLCO LLC, headquartered in Lafayette, California. The acquisition expands EPIC's growing presence in Northern California and adds to its client offerings both regionally and nationally.

LOS ANGELES, Calif. /California Newswire/ -- American Range, a privately held manufacturer of commercial and residential cooking appliances, was sold to Hatco, an employee-owned manufacturer of warming, cooking, sanitizing, and cooling equipment. KROST CPAs & Consultants acted as the exclusive financial advisor to American Range in its transaction to Hatco Corporation.

WEST DES MOINES, Iowa and SAN FRANCISCO, Calif., Oct. 3, 2022 (SEND2PRESS NEWSWIRE) -- EPIC Insurance Brokers and Consultants ("EPIC") announced today that it has acquired The National Benefit Corp ("TNBC"). The acquisition further expands EPIC's geographic footprint in the Midwest across its life insurance, executive benefits, and financial advisory distribution businesses under the Vanbridge Life and Executive Benefits umbrella.

AVON, Conn., Sept. 1, 2022 (SEND2PRESS NEWSWIRE) -- Paragon Insurance Holdings, LLC, in its continuing bid to diversify and expand into the global specialty markets, today announces the acquisition of Reel Media, LLC, a leading provider of insurance solutions for the broader entertainment and sports industries.

LOS ANGELES, Calif. /California Newswire/ -- California firm, ProNova Partners, has been chosen to handle the sale of the patent and rights to an easily removable mesh sling based on the natural encapsulation around monofilament wires or its interconnected narrow and flat strips. This encapsulation allows its easy removability.

LOS ANGELES, Calif. /California Newswire/ -- ProNova Partners, an L.A. based Mergers and Acquisitions firm, has been selected to oversee investment in or the sale of a patented, groundbreaking ID and security technology. This technology involves iris recognition including in the outdoors under bright sunlight, plus world-leading iris recognition tech secured by crypto wallet.

LOS ANGELES, Calif. /California Newswire/ -- Los Angeles-based CPA Firm, KROST CPAs and Consultants announced Paren Knadjian as Principal of M&A and Capital Markets and Brad Pauley as Principal of Tax. Knadjian has successfully completed over 200 M&A and Capital Markets transactions worth over $1 billion.

JACKSON, Miss., July 14, 2022 (SEND2PRESS NEWSWIRE) -- KLLM Transport Services (KLLM), one of the leading temperature-controlled, truckload carriers in North America, has acquired refrigerated transporter Quest Global Inc., located in Cartersville, Georgia.

HOUMA, La., June 28, 2022 (SEND2PRESS NEWSWIRE) -- FMTC Safety is continuing its global expansion in the Offshore, Wind, Maritime, and Industry sectors by acquiring Houma-based On-Site Training & Instruction. With this acquisition, the Houma location now offers certified OPITO training, a safety training for Oil, Gas, and Occupational Safety and Health Administration (OSHA) workers.

LOS ANGELES, Calif. /California Newswire/ -- ProNova Partners, a Los Angeles based, 25-year-old Mergers and Acquisitions (M&A) firm has announced their commission to facilitate the sale of a new, patented device to lower mortality and other risks in specific, major heart surgery procedures.

LOS ANGELES, Calif. /California Newswire/ -- Intellimedia Networks, Inc., a Los Angeles based immersive solutions technology company, today announced that certain of its IP has been acquired by Frontera Group, Inc. (OTC Pink: FRTG) ("Frontera" or "the Company"), a Dallas, Texas based technology-focused strategic acquirer of revenue-generating companies and intellectual property (IP), as part of its multi-part strategy to make further acquisitions from Intellimedia's suite of technology solutions.

SAN FRANCISCO, Calif. /California Newswire/ -- EPIC Insurance Brokers and Consultants announced today that it has acquired Treloar & Heisel located in New Castle, Pennsylvania. The strategic decision expands the offerings of financial planning and insurance services to medical and dental professionals.

NORWALK, Conn., Feb. 2, 2022 (SEND2PRESS NEWSWIRE) -- After, Inc., the leading customer experience technology company providing post-sale software and services to the world's top manufacturers, retailers, and ecommerce sellers, just announced its acquisition of Accentf(x) Marketing.

SAN DIEGO, Calif. /California Newswire/ -- Matrix Networks announced its recent acquisition of LANtelligence to create a new business venture enabling a powerful combination of modern business technology. Having informally shared resources for more than 10 years, it just made sense for these two companies to come together in a more structured way.

LOS ANGELES, Calif. /California Newswire/ -- KROST CPAs and Consultants reported a record year of M&A advisory work in 2021 and expects to remain equally busy in 2022. "We were involved in 21 buy-side and sell-side transactions in 2021," said Paren Knadjian, Head of M&A and Capital Markets at KROST.

SAN FRANCISCO, Calif. /California Newswire/ -- Galway Holdings ("Galway") today announced its acquisition of Virginia-based Simatree, a strategic advisory firm specializing in data, analytics, technology consultation and digital transformation. Fast-growing, Simatree has won multiple awards for its innovative and transformational digital and analytics solutions, founded by Patrick McCreesh, Wes Flores and Jay Williams, former NBA player and current television analyst.

CAROL STREAM, Ill., Nov. 3, 2021 (SEND2PRESS NEWSWIRE) -- Effective November 1, 2021, TEAM Concept Printing, a Carol Stream, IL based commercial printer, has acquired Guardsman Laminating. The acquisition is the latest move in a long line of investments that TEAM Concept Printing has made to bolster their reputation as a one site full-service commercial printing provider.

LEHI, Utah, Oct. 15, 2021 (SEND2PRESS NEWSWIRE) -- SimpleNexus, developer of the leading homeownership platform for loan officers, borrowers, real estate agents and settlement agents, today announced its acquisition of Macon, Georgia-based software firm LBA Ware™. The strategic transaction, SimpleNexus' first, brings together 325 employees in 29 states to serve 425 distinct lender customers and dozens of mortgage technology integration partners.

SAN FRANCISCO, Calif. /California Newswire/ -- Galway Holdings ("Galway") today announced its investment in MAI Capital Management, LLC ("MAI") has officially closed. Retaining the MAI Capital Management name, the firm now operates as a part of the Galway Companies.

LOS ANGELES, Calif. /California Newswire/ -- The Valley Relics Museum of Van Nuys, California, has acquired a collection of 3,000 advertising characters once housed in the galleries of the Museum of Modern Mythology in San Francisco, founder Tommy Gelinas announced today.

SAN FRANCISCO, Calif. /California Newswire/ -- Galway Holdings ("Galway") today announced its investment in MAI Capital Management LLC ("MAI"). The move adds a new business vertical in financial and wealth management services to complement existing business relationships within EPIC Insurance Brokers & Consultants as well other areas of specialization across all Galway platforms.

LOS ANGELES, Calif. /California Newswire/ -- Integrity Bio, Inc., a privately held formulation and fill-finish organization, was sold to Curia (formerly Albany Molecular Research, Inc. (AMRI)), a Contract Development and Manufacturing Organization (CDMO) and leading global provider of advanced contract research, development, and manufacturing solutions. KROST, a Los Angeles-based firm, acted as the exclusive financial advisor to Integrity Bio in the transaction.

RIVERSIDE, Ill., July 15, 2021 (SEND2PRESS NEWSWIRE) -- NationDigital.io is now a Social Enterprise venture of the EveryLibrary Institute, NFP, a non-partisan library-focused 501(c3) organization dedicated to the future of libraries and literacy across the globe. This acquisition will allow us to expand what we're able to offer you!