Mergers and Acquisitions

Mergers and Acquisitions News (M&As) for Public and Private Companies

Tyto Athene acquires Island Information Technology Consultants (IITC)

eNewsChannels NEWS: -- Tyto Athene, LLC, 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 LLC Names Industry Veteran Josh Hauser Chairman of its Board of Directors in Tampa

eNewsChannels NEWS: -- IT Partners LLC, 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 acquires Southlake Mall in Atlanta

eNewsChannels NEWS: -- 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. The property boasts strong tenant sales with a vibrant lineup of national inline tenants and a high-volume Macy's.

Almost Heaven Saunas, one of the Leading Sauna Manufacturers in the US Acquired by Harvia

eNewsChannels NEWS: -- 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 and provide Almost Heaven Saunas with added products and resources to continue its growth in the consumer sauna business.

Paragon Insurance Holdings Acquires Landscapers Program from Argo Group International Holdings

eNewsChannels NEWS: -- Paragon Insurance Holdings, LLC, a national multi-line specialty program manager, today announced it has contracted with Argo Group International Holdings, Ltd. to assume MGA responsibilities for Argo's Landscape Contracting program, effective January 1, 2019.

JenCap Holdings Acquires Risk Innovations LLC, a Specialty Insurance Business

eNewsChannels NEWS: -- 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.

Capital Auto Group Acquires Chrysler Dodge Jeep Ram of Indian Trail in North Carolina

eNewsChannels NEWS: -- 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.

Associated Fuel Injection acquired by The Seidel Diesel Group

eNewsChannels NEWS: -- 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.

Magic City Auto Group Celebrates 80 Years, Expands with Acquisitions and Additional Dealerships in Virginia

eNewsChannels NEWS: -- 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.

Advalent Corp. Completes its Acquisition of Medvensys Analytics for Risk-based Solutions

eNewsChannels NEWS: -- 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.

Bank of Southern California, N.A. (BCAL) Completes Acquisition of Americas United Bank (AUNB)

eNewsChannels NEWS: -- Bank of Southern California, N.A., San Diego (OTC Pink: BCAL / OTCMKTS:BCAL) announced today the completion of its acquisition of Americas United Bank (OTC Pink: AUNB), effective July 31, 2018. Americas United Bank had total assets of approximately $231 million as of June 30, 2018.

Dan Wise Chevrolet of La Grange Dealership in N.C. Acquired by Deacon Jones Auto Group

eNewsChannels NEWS: -- Deacon Jones will be 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.

Bank of Southern California NA (BCAL) and Americas United Bank (AUNB) Announce Merger

eNewsChannels NEWS: -- Bank of Southern California, N.A. (OTC Pink:BCAL / OTCMKTS:BCAL) and Americas United Bank (OTC Pink:AUNB), today announced the signing of a definitive agreement and plan of merger (the "Agreement") whereby Americas United 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 AUB and BCAL, and is expected to close in Q3 2018.

Genesee General acquired by JenCap Holdings LLC

eNewsChannels NEWS: -- 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.

Agency Intermediaries, Inc. acquired by NIF Group, Inc., a JenCap Holdings Company

eNewsChannels NEWS: -- 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.

Mid America Mortgage, Inc. signs letter of intent to purchase assets of Oklahoma City-based American Southwest Mortgage Corp

eNewsChannels NEWS: -- Mid America Mortgage, Inc. 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.

Special Risks Facilities, Inc. acquired by JenCap Holdings LLC

eNewsChannels NEWS: -- 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.
Massachusetts Boy Scouts

Knox Trail Council, Boy Scouts of America, and Old Colony Council Approve Merger

eNewsChannels NEWS: (MARLBOROUGH, Mass.) -- 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.
Avalon Malibu

New Vista Behavioral Health Welcomes Avalon Malibu to its of Addiction and Mental Health Treatment Centers

eNewsChannels NEWS: (COSTA MESA, Calif.) -- 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.
TRAFFK

Capsci Health’s Mobile Technology Platform Acquired by TRAFFK LLC

eNewsChannels NEWS: (LOS ANGELES, Calif.) -- 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.
Revenue Cycle

Revenue Cycle and Coding Strategies to Merge and Expand Healthcare Consulting

eNewsChannels NEWS: (AUSTIN, Texas) -- 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.
Verify Smart Corp

Verify Smart Corp (VSMR) to Acquire the Assets of Enabledware LLC

eNewsChannels NEWS: (FERNLEY, Nev.) -- Verify Smart Corp (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.
JENCAP HOLIDINGS

The Carlyle Group’s JenCap Holdings Acquires NIF Group

eNewsChannels NEWS: (NEW YORK, N.Y.) -- JenCap Holdings LLC recently announced 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.
Kelly Zinke purchases Stoltz Image Consulting

Kelly Zinke purchases Stoltz Image Consulting, will move StoltzZinke Studio on Oct. 1, 2016

eNewsChannels NEWS (FORT WORTH, Texas) -- After launching Stoltz Image Consulting nearly 30 years ago to offer personal styling services to executives and professionals in North Texas and beyond, Elaine Stoltz, AICI CIM, master image, wardrobe and make-up consultant, will sell her business to her colleague of six years, Kelly Zinke. The transaction closes on October 1, 2016.
Bank of Southern California

Bank of Southern California NA (BCAL) Completes Acquisition of Opus Bank Branch

NEWS (SAN DIEGO, Calif.) -- Bank of Southern California, N.A. (OTC Pink: BCAL) recently announced that it 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.