Tag: Mergers and Acquisitions
The Nation’s 34th Largest Retail Insurance Broker Prime Risk Partners Joins EPIC
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.
Fannie Hillman + Associates Expands Central Florida Legacy
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.
Integro USA Inc. Completes Transition to EPIC Brand
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.
JenCap Holdings LLC to Acquire Aran Insurance Services Group, a Specialty Insurance Business
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.
GPRS Locates and Acquires Master Locators – Becoming One of the Largest Privately Held Utility Locating Companies in the United States
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.
Memphis-based Venture Capital Firm Innova Announces Sale of Portfolio Company Arkis Biosciences to Integra LifeSciences
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.
Skin Care Center of Bonita Springs Joins Florida Dermatology and Skin Cancer Centers
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.
Gulftech Acquires ABL S.p.A. – Announces Expansion into Fresh Cut Produce Market
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.
The Solaris Group, LLC Joins Klingenstein Fields
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.
Klingenstein Fields Wealth Advisors Acquires Assets of The Solaris Group LLC
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.
Best Friends Pet Hotel Announces ESOP Acquisition Led by Mosaic Capital Partners, Becoming the Largest Employee-Owned Pet Care Company
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.
Multi-Flow Industries, LLC is pleased to announce the acquisition of Draft Beer Services of Atlanta, Georgia
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.
National Lending Industry Leaders, Residential Capital Partners and 2020 REI Group, Join Forces
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.
seriesOne Acquires Dynamo Development to Accelerate its Global Expansion Efforts and Bring Software Development In-House
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.
Tyto Athene LLC Expands Intelligence Community Offerings by Acquiring Island IT Consultants
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).
IT Partners Names Industry Veteran Josh Hauser Chairman of its Board of Directors
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.
CityView Commercial LLC has purchased Southlake Mall in Atlanta, Ga.
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.
Almost Heaven Saunas, one of the Leading Sauna Manufacturers in the U.S. is Acquired by Harvia
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.
Paragon Insurance Holdings, LLC Acquires Argo Landscapers Program
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.
EPIC Holdings to Acquire Integro Holdings Inc.
SAN FRANCISCO, Calif. /California 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.
JenCap Holdings LLC to Acquire Risk Innovations, a Specialty Insurance Business
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.
North Carolina’s Capital Auto Group Acquires Chrysler Dodge Jeep Ram of Indian Trail
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.
Seidel Diesel Group Acquires Associated Fuel Injection of Modesto, California
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.
Advalent Corporation Completes Acquisition of Medvensys’ Cloud-based Analytics Technology
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.
Risk management and insurance brokerage veteran Lou D’Agostino joins EPIC as a Principal in New York
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.
In North Carolina, Deacon Jones Acquires Dan Wise Chevrolet of La Grange Dealership
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.
JenCap Holdings LLC to Acquire Genesee General, a Specialty Insurance Business founded in 1982
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.
NIF Group, Inc. Acquires Agency Intermediaries, Inc. and and A.I.I. Insurance Brokerage of Mass., Inc.
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.
Frenkel and Company acquired by EPIC Insurance Brokers & Consultants
NEW YORK, N.Y. (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.
JenCap Holdings Acquires Special Risks Facilities Inc.
NEW YORK, N.Y. and STERLING HEIGHTS, Mich., July 17, 2017 (SEND2PRESS NEWSWIRE) -- JenCap Holdings LLC announced today that it has agreed to acquire privately held Special Risks Facilities, Inc., an MGA/contract binding authority and wholesale insurance brokerage firm based in Sterling Heights, Michigan with another office in Peoria, Arizona. Special Risks was formed in 1971 and has been led by Jack Klebba and Randy Kaszeta. Messrs.
EPIC Acquires Connecticut-based Product Warranty Analytics Specialist After, Inc.
NORWALK, Conn., June 19, 2017 (SEND2PRESS NEWSWIRE) -- EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today the acquisition of After, Inc. - a product warranty analytics firm based in Norwalk, Conn. The Acquisition was made primarily to further strengthen and grow EPIC subsidiary company, PowerGuard Specialty Insurance Services - a renewable energy program manager based in the United States.
Knox Trail Council and Old Colony Council Approve Merger for new Massachusetts Boy Scouts Council
MARLBOROUGH, Mass., March 29, 2017 (SEND2PRESS NEWSWIRE) -- Following their respective Special Council Meetings, the Knox Trail Council and the Old Colony Council announced today the approval of their consolidation and merger to form a new Boy Scout Council. This new council will serve youth and young adults from the metrowest to southeastern Massachusetts.
Traffk LLC Acquires Capsci Health’s Mobile Technology Platform
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.
The Capacity Group acquired by EPIC Insurance Brokers
MAHWAH, N.J. and SAN FRANCISCO, Calif., March 9, 2017 (SEND2PRESS NEWSWIRE) -- The Capacity Group of Companies 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. Established in 1990, The Capacity Group has grown to become one of the largest full-service independent insurance brokerage groups in the nation.
Coding Strategies and Revenue Cycle Merge to Expand Healthcare Consulting Services
AUSTIN, Texas, March 1, 2017 (SEND2PRESS NEWSWIRE) -- Medical and radiation oncology consulting firm Revenue Cycle and healthcare coding and compliance consulting and education firm Coding Strategies announce a merger that will bring the two companies together for the benefit of the healthcare industry. (Press Release)
EPIC Strengthens California Benefits Team, Acquires Benefit Compass Insurance Services LLC
IRVINE, Calif. /California Newswire/ -- EPIC Insurance Brokers and Consultants, a retail property & casualty insurance brokerage and employee benefits consultant, announced today it has acquired Benefit Compass Insurance Services, LLC, a specialist in employee benefits brokerage and consulting services.
JenCap Holdings LLC Acquires NIF Group Inc.
NEW YORK, N.Y., Dec. 7, 2016 (SEND2PRESS NEWSWIRE) -- JenCap Holdings LLC announced today that it has agreed to acquire privately held NIF Group, Inc. (NIF), a managing general agency, program administrator and wholesale insurance broker based in Manhasset, New York, with six offices located on the east and west coasts of the United Sates.
Bank of Southern California N.A. Completes Acquisition of Opus Bank Branch
SAN DIEGO, Calif. /California Newswire/ -- Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS:BCAL) has completed the purchase of the deposits of the La Quinta branch of Opus Bank. The transaction closed on Friday, August 19, 2016. Customers of the Opus Bank La Quinta branch were consolidated into the existing La Quinta branch of Bank of Southern California. As of Monday, August 22, 2016, the former Opus Bank La Quinta customers now have access to all Bank of Southern California locations, including three Coachella Valley branches located in La Quinta, El Paseo-Palm Desert, and Rancho Mirage.
La Tortilla Oven Acquires Patent Technology for Steaming Food
LOS ANGELES, Calif., Aug. 3, 2016 (SEND2PRESS NEWSWIRE) -- La Tortilla Oven recently acquired La Tortilla Loca and its intellectual property. As a result of this acquisition, La Tortilla Oven(R) is now the primary holder of Patent Number RE42311, the original fabric tortilla warmer designed to keep tortillas fresh and warm for more than an hour. And, it's using the technology to deliver a new and healthy microwave steaming method.
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.
