Mergers and Acquisitions

Mergers and Acquisitions

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

Mergers and Acquisitions

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

International Document Services Inc. Acquires eMortgage Vendor Encomia

NEWS (SALT LAKE CITY, Utah) -- Mortgage document preparation vendor International Document Services (IDS), a division of The Reynolds and Reynolds Company, today announced its acquisition of Encomia, an established provider of electronic mortgage (eMortgage) solutions to depository and non-depository lending institutions

La Tortilla Oven Acquires Patent Technology for Steaming Food

LOS ANGELES, Calif. -- 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. -- 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.

Trivedi-Capacity Associates acquired by JenCap Holdings LLC

NEWS: (NEW YORK, N.Y.) 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.

The Carlyle Group (NASDAQ:CG) Acquires Wholesale Trading Co-op Insurance Services

NEWS: (SAN FRANCISCO, Calif.) 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 (NASDAQ:CG) 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.

MetaSource LLC acquires Titan Lenders Corp.

NEWS: (DENVER, Colo.) Mortgage services expert Titan Lenders Corp. (Titan) announced it has been acquired by Utah-based MetaSource, LLC. Terms of the deal were not disclosed. The acquisition of Titan broadens the company's footprint in data-centric mortgage services.

Diverse Technology Solutions acquires cloud hosted Unified Communications VOIP provider Voitual

NEWS: (ISLIP TERRACE, N.Y.) 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.

BetterWay Insurance Services acquired by Protector Holdings

NEWS: (SAN FRANCISCO, Calif.) Protector Holdings, a joint venture of EPIC Insurance Brokers and Consultants and Dowling Capital Partners, announced today the acquisition of BetterWay Insurance Services. Premier Insurance Services, acquired by Protector Holdings in 2013, targets the growing Hispanic Community in California.

Capital Automotive Group of North Carolina Acquires Bobby Murray Chevrolet

NEWS: (RALEIGH, N.C.) Capital Automotive Group (CAG) 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 13 the number of auto brands represented by Capital.

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