Tag: Mergers and Acquisitions

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.

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.

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.

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).

TAMPA, Fla. /Florida 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.

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.

ROANOKE, Va., Aug. 20, 2018 (SEND2PRESS NEWSWIRE) -- Magic City Ford is celebrating its 80th year in business by announcing the acquisition of Alleghany Motors in Covington, Va. This expansion and multi-million-dollar investment from Magic City into the Alleghany Highlands will expand Magic City's presence, create dozens of new jobs, and give Magic City customers access to 7 additional great brands for both sales and service.

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.

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.

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.

COSTA MESA, Calif., March 22, 2017 (SEND2PRESS NEWSWIRE) -- New Vista Behavioral Health, a leading provider of addiction treatment, is proud to announce the acquisition of Avalon Malibu. The addition of Avalon to Infinity Treatment Centers, and Simple Recovery, expands the offerings of New Vista Behavioral Health's distinctive, effective and complementary group of addiction and mental health programs, providing exemplary care to clients struggling with chemical dependency or mental health issues.

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.

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.

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.

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.

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.

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.