Tag: Mergers and Acquisitions

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.

ADDISON, Texas, Nov. 13, 2017 (SEND2PRESS NEWSWIRE) -- Mid America Mortgage, Inc. (Mid America) announced it has signed a letter of intent to purchase the assets of Oklahoma City-based American Southwest Mortgage Corp. and an affiliated firm, American Southwest Mortgage Funding Corp. As part of the agreement, Mid America will incorporate American Southwest's operations into Mid America's mortgage platform and secure an interest in their respective pipelines and select assets. Further, Mid America will also offer employment to loan production staff members from each organization.

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.

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.

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.

LOS ANGELES, Calif., March 15, 2017 (SEND2PRESS 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.

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.

FERNLEY, Nev., Feb. 28, 2017 (SEND2PRESS NEWSWIRE) -- Verify Smart Corporation (OTCBB: VSMR / OTC:VSMR) a Global innovator in financial fraud prevention and digital content distribution, announced today that it has signed a Letter of Intent to acquire the assets of Enabledware, LLC for cash and stock. Enabledware is a global leader in digital signage with offices in the U.S. and U.K.

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.

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.

NEW YORK, N.Y., April 21, 2016 (SEND2PRESS NEWSWIRE) -- JenCap Holdings, LLC, a consolidator of specialty insurance distribution and program management businesses, including managing general agencies, specialty program underwriters, transactional wholesale brokers and captive managers, has acquired specialist MGA and wholesaler Trivedi-Capacity Associates, LLC. JenCap Holdings, LLC is a portfolio company of The Carlyle Group.

SAN FRANCISCO, Calif. and NEW YORK, N.Y., March 24, 2016 (SEND2PRESS NEWSWIRE) -- Wholesale Trading Co-op Insurance Services, a privately-held wholesale insurance specialist serving a group of leading retail insurance brokers, announced today that The Carlyle Group has agreed to acquire a majority stake in wholesale insurance broker JenCap Holdings, LLC and the assets of Wholesale Trading Co-Op Insurance Services, which will be re-named Wholesale Trading Insurance Services, LLC. Wholesale Trading is currently owned by its management team and external private investors.

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.

RALEIGH, N.C., March 2, 2016 (SEND2PRESS NEWSWIRE) -- Capital Automotive Group of North Carolina announced today the acquisition of Bobby Murray Chevrolet, 1820 Capital Blvd., Raleigh. The name will change to Capital Chevrolet. This brings to thirteen the number of auto brands represented by Capital.

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.

FERNLEY, Nev., Aug. 25, 2015 (SEND2PRESS NEWSWIRE) -- Verify Smart Corporation (OTCBB: VSMR / OTCMKTS:VSMR), a global innovator in financial fraud prevention and digital content distribution to the mobile channel, announced today that it has completed the acquisition of 55 percent of Surf Smart Solutions, LLC a Wyoming based online software security company.

SAN FRANCISCO, Calif., March, 31, 2015 (SEND2PRESS NEWSWIRE) -- Protector Holdings, a joint venture of EPIC (Edgewood Partners Insurance Center) and Dowling Capital Partners, announced today the acquisition of Oasis South Insurance Services.

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.

TIPP CITY, Ohio, Jan. 26, 2015 (SEND2PRESS NEWSWIRE) -- The owners of Energy Optimizers, USA have sold its affiliate company, Lighting Optimizers, USA, to Eco Engineering. This decision was made to ensure continued world-class service for Energy Optimizers' clients, while allowing the company to focus on and expand its core business of vendor-neutral energy efficiency projects for the educational, governmental, commercial and industrial markets.