Tag: Mergers and Acquisitions

CALIFORNIA NEWSWIRE (LOS ANGELES, Calif.) --- ProNova Partners, a 17-year-old Mergers and Acquisitions firm, has announced it has been retained to develop major strategic partnership and acquisition relationships for a breakthrough at-home vision-testing technology built on optical science exclusively licensed from the Massachusetts Institute of Technology (MIT).

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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!

TORRANCE, Calif. /California Newswire/ -- ICE Mortgage Technology™, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced it will deploy an eVault solution for secure storage of digital mortgages and notes, based upon technology acquired from DocMagic, Inc.

TAIPEI and ATLANTA, Ga., Jan. 13, 2021 (SEND2PRESS NEWSWIRE) -- Nocera, Inc. (OTC:NCRA) ("Company") today announced that it has formally signed Variable Interest Entity ("VIE") agreements with Xin Feng Construction Co. Ltd., (XFC) a Taiwan construction firm, and Shunda Feed Co., Ltd., (SFC) a Taiwan aquaculture feed firm resulting in 100% controlling interest in both companies.

SAN FRANCISCO, Calif. /California Newswire/ -- Galway Insurance Holdings ("Galway"), the holding company for EPIC Brokers & Consultants ("EPIC") and JenCap Holdings ("JenCap"), which together represent one of the nation's largest insurance distribution firms, announced today that it has signed a definitive agreement with vehicles controlled by Harvest Partners, LP and its affiliates ("Harvest") for a majority interest of Galway.

CARROLLTON, Texas, Nov. 9, 2020 (SEND2PRESS NEWSWIRE) -- EGW Utilities, Inc. has acquired Buy Wholesale Company, LLC (BWC) of Montgomery, Texas. BWC was founded by Karl Knapp in 1985. He and his wife, Tracy, operated it until its acquisition on October 30, 2020. The procurement of BWC greatly increases EGW's waterworks and plumbing product offerings.

PEACHTREE CORNERS, Ga., Nov. 3, 2020 (SEND2PRESS NEWSWIRE) -- LoadDelivered Logistics, a leading food and beverage specialized third-party logistics (3PL) company, announced today that it is rebranding following its acquisition by Capstone Logistics. The company will now operate as Capstone Logistics' freight management solution.

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.

LOS ANGELES, Calif. /California 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.

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, Calif. /California 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.

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.

PASADENA, Calif. /California 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.

LOS ANGELES, Calif. /California 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.

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.

SAN DIEGO, Calif. /California 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.

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.

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.

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.

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.

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.

LOS ANGELES, Calif. /California Newswire/ -- Traffk(TM), the Los Angeles art district-based insurance technology company, is excited to announce the acquisition of Portland, Ore.-based Capsci Health. Capsci Health's HIPAA compliant, mobile technology platform personalizes health plan members' benefits, allowing them direct access to their plan's benefits, ID cards, preferred providers and telemedicine.