Tag: Mergers and Acquisitions

SAN DIEGO, Calif., Feb. 1, 2022 (SEND2PRESS 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., Jan. 24, 2022 (SEND2PRESS 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.

PEACHTREE CORNERS, Ga., Jan. 10, 2022 (SEND2PRESS NEWSWIRE) -- Capstone Logistics, LLC ("Capstone" or the "Company"), a leading provider of end-to-end supply chain solutions, announced today that it has acquired Insource Performance Solutions, LLC ("Insource") for cash from management. Insource is a Charlotte, North Carolina-based warehouse services company providing a range of value-added, outsourced services to distribution centers.

SAN FRANCISCO and SAN DIEGO, Calif. and FORT LAUDERDALE, Fla., Jan. 4, 2022 (SEND2PRESS NEWSWIRE) -- Edgewood Partners Insurance Center d.b.a. EPIC Insurance Brokers & Consultants (EPIC) announced today that it has acquired Oversea Insurance Agency trading as Oversea Yacht Insurance (Oversea). Oversea is based in San Diego, CA and Ft Lauderdale, FL.

SAN FRANCISCO, Calif. and WASHINGTON, D.C., Dec. 20, 2021 (SEND2PRESS 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.

DALLAS, Texas, Nov. 22, 2021 (SEND2PRESS NEWSWIRE) -- Stack Sports, a global leader in modern sports technology, today announced it will add Team App, the Australia-based leader in team communications, to the Stack Sports ecosystem. More than 30,000 club and league administrators and 200 National Governing Bodies or Professional Franchises power their success with Stack Sports.

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.

DALLAS, Texas, Oct. 27, 2021 (SEND2PRESS NEWSWIRE) -- Infinity Financial Group announced its recent role as financial advisor to Kinley Construction Group, LTD. (KCG) during a majority purchase of its existing stakeholders. Jimmy Kinley, the newly-elected CEO of KCG, is now the firm's primary equity partner, along with his sister, Katherine Kinley and Rennie and Josh Crisafulli.

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.

CINCINNATI, Ohio, Oct. 7, 2021 (SEND2PRESS NEWSWIRE) -- Ohio Clean Cans, LLC, a leading provider of residential garbage can cleaning and pressure washing services, has entered into a definitive agreement to acquire the assets of Cincy Bins, LLC.

SAN FRANCISCO, Calif. and CLEVELAND, Ohio, Oct. 1, 2021 (SEND2PRESS 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., Sept. 28, 2021 (SEND2PRESS 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.

CENTER POINT, Iowa, Aug. 25, 2021 (SEND2PRESS NEWSWIRE) -- Two long standing dealerships located in Center Point, IA have been purchased and are now owned and operated by the newly formed Sky Auto Mall. Formerly Junge Ford and Junge Chrysler Dodge Jeep RAM will now be owned by Alex Tovstanovsky, Dealer Principal and General Manager of Sky Auto Mall.

SAN FRANCISCO, Calif. and CLEVELAND, Ohio, Aug. 16, 2021 (SEND2PRESS 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., Aug. 11, 2021 (SEND2PRESS 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.

TOLEDO, Ohio, July 21, 2021 (SEND2PRESS NEWSWIRE) -- Ground Penetrating Radar Systems, LLC ("GPRS"), has acquired New York Leak Detection, a leading provider of utility locating and leak detection services. New York Leak Detection has been serving clients in the Northeast for 19 years.

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!

NEW YORK, N.Y., July 8, 2021 (SEND2PRESS NEWSWIRE) -- Jencap Group, LLC (Jencap), the wholesale program management and binding authority business of Galway Insurance Holdings LP (Galway), has acquired London-based Worldwide Hole 'N One Ltd. (WHNO).

PLEASANTON and TORRANCE, Calif., June 11, 2021 (SEND2PRESS 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.

CHEYENNE, Wyo., June 9, 2021 (SEND2PRESS NEWSWIRE) -- Encore Green Environmental Technologies & Licensing (EGETL) announces the purchase of water treatment technology equipment formerly known as NOMAD from XRI/Fountain Quail.