Mergers and Acquisitions
Home Mergers and Acquisitions
Mergers and Acquisitions News from Mortgage & Finance News magazine
News: New Technology, 28 Patents, for secure Iris ID. Utilized By the UN, US Army, Marine Corps, Navy, Homeland Security, and...
Mortgage and Finance News: (LOS ANGELES, Calif.) ProNova Partners, an L.A. based Mergers and Acquisitions firm, has been selected to oversee investment in or the sale of a patented, groundbreaking ID and security technology. This technology involves iris recognition including in the outdoors under bright sunlight, plus world-leading iris recognition tech secured by crypto wallet.
News: KROST Announces Paren Knadjian as Principal of M&A and Capital Markets and Brad Pauley as Principal of Tax
Mortgage and Finance News: (LOS ANGELES, Calif.) Los Angeles-based CPA Firm, KROST CPAs and Consultants announced Paren Knadjian as Principal of M&A and Capital Markets and Brad Pauley as Principal of Tax. Knadjian has successfully completed over 200 M&A and Capital Markets transactions worth over $1 billion.
News: Sales Boomerang and Mortgage Coach Merge, Appoint Richard Harris as CEO
Mortgage and Finance News: (OWINGS MILLS, Md.) Sales Boomerang, the mortgage industry's top-rated automated borrower intelligence and retention system, and Mortgage Coach, a platform empowering mortgage lenders to educate borrowers with interactive home loan presentations, today announced their merger and the appointment of SaaS executive Richard Harris as CEO.
News: EPIC Adds to Life and Executive Benefits Platform with Acquisition of Dixon Wells, Inc.
Mortgage and Finance News: (SAN FRANCISCO, Calif.) EPIC Insurance Brokers and Consultants (EPIC) announced today that it has acquired Dixon Wells, Inc. (Dixon Wells) in a strategic move to expand EPIC's geographic footprint in the life insurance, executive benefits, and financial advisory distribution businesses under the Vanbridge Life and Executive Benefits umbrella.
News: Intellimedia Network’s Immersive Technology IP Acquired by Frontera Group
Mortgage and Finance News: (LOS ANGELES, Calif.) Intellimedia Networks, Inc., a Los Angeles based immersive solutions technology company, today announced that certain of its IP has been acquired by Frontera Group, Inc. (OTC Pink: FRTG) ("Frontera" or "the Company"), a Dallas, Texas based technology-focused strategic acquirer of revenue-generating companies and intellectual property (IP), as part of its multi-part strategy to make further acquisitions from Intellimedia's suite of technology solutions.
News: EPIC Expands into New Territory with Acquisition of Treloar & Heisel
Mortgage and Finance News: (SAN FRANCISCO, Calif.) EPIC Insurance Brokers and Consultants announced today that it has acquired Treloar & Heisel located in New Castle, Pennsylvania. The strategic decision expands the offerings of financial planning and insurance services to medical and dental professionals.
News: Eric Zanotelli and the Z-Team join Sente Mortgage
Mortgage and Finance News: (STILLWATER, Okla.) The Z-Team, a mortgage banking branch based in Stillwater, Oklahoma, has joined independent mortgage company Sente Mortgage, the company announced today. Branch Manager Eric Zanotelli and his team bring deep industry knowledge and a commitment to exceptional, accessible, and engaging service to the Oklahoma market and beyond.
News: Paragon Acquires Greener Future and ESG-focused New Energy Risk
Mortgage and Finance News: (AVON, Conn.) Paragon Insurance Holdings, LLC, a national MGA based in Avon, Connecticut, announces today the acquisition of New Energy Risk (NER), an insurance solutions provider to a wide range of energy technologies and related infrastructure projects and technologies that accelerate the energy transition.
News: KROST Posts Record Year of M&A Advisory in 2021, Expects Trend to Continue in 2022
Mortgage and Finance News: (LOS ANGELES, Calif.) 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.
News: EPIC Acquires Oversea Insurance Agency – Continues Expansion of its Specialty Offerings
Mortgage and Finance News: (SAN FRANCISCO, Calif.) 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.
News: Galway Holdings Acquires Simatree
Mortgage and Finance News: (WASHINGTON, D.C.) 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.
News: Infinity Financial Group Aids Kinley Construction Group with Major Stakeholder Buyout
Mortgage and Finance News: (DALLAS, Texas) 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.
News: SimpleNexus is acquiring LBA Ware
Mortgage and Finance News: (LEHI, Utah) 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.
News: Galway Holdings Announces Formal Close of MAI Capital Management Deal
Mortgage and Finance News: (SAN FRANCISCO, Calif.) 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.
News: Galway Holdings Announces Strategic Acquisition of MAI Capital Management
Mortgage and Finance News: (SAN FRANCISCO, Calif.) 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.
News: KROST Acts as Exclusive Financial Advisor for Integrity Bio in Sale to Curia
Mortgage and Finance News: (LOS ANGELES, Calif.) 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.
News: Jencap Announces Acquisition of U.K.-based Lloyd’s Coverholder
Mortgage and Finance News: (NEW YORK, N.Y.) 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).
News: ICE Mortgage Technology Acquires eVault Technology from DocMagic for Encompass eClose
Mortgage and Finance News: (TORRANCE, Calif.) 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.
News: EPIC Insurance Brokers & Consultants Acquires Pharmaceutical Strategies Group
Mortgage and Finance News: (SAN FRANCISCO, Calif.) EPIC Holdings, Inc. (EPIC) announced today that it has agreed to acquire Pharmaceutical Strategies Group (PSG). The move incorporates the expertise and resources of the nation's largest independent pharmacy benefit consulting firm into EPIC's Employee Benefits Consulting practice.
News: UniversalCIS Announces Acquisition of SharperLending
Mortgage and Finance News: (PHILADELPHIA, Pa.) UniversalCIS, a market leader in technology and solutions to the mortgage industry, is pleased to announce the acquisition of mortgage technology provider SharperLending. The SharperLending transaction, which follows the merger of Universal Credit, CIS Credit Solutions, and Avantus, provides further enhancements to the technology platform for UniversalCIS.
News: Nocera, Inc. Signs Variable Interest Entity Agreements Resulting in 100% Controlling Interest in Xin Feng Construction Co., Ltd. and Shunda...
Mortgage and Finance News: (ATLANTA, Ga.) Nocera, Inc. (OTC:NCRA) ("Company") today announced that it has formally signed Variable Interest Entity ("VIE") agreements with Xin Feng Construction Co. Ltd., (XFC) a Taiwan construction firm, and Shunda Feed Co., Ltd., (SFC) a Taiwan aquaculture feed firm resulting in 100% controlling interest in both companies.
News: PARAGON Wealth Strategies Acquires Jacksonville-based Mellen Money Management, Creating Multi-Generational Wealth Management Firm
Mortgage and Finance News: (JACKSONVILLE, Fla.) PARAGON Wealth Strategies, a Fee-Only Registered Investment Advisor and comprehensive wealth management firm, has acquired Mellen Money Management - a fee only financial planning firm specializing in investment management and life-stages planning for growing families.
News: Galway Insurance Holdings Secures Majority Interest from Harvest Partners with New Equity Investments from Oak Hill Capital and The Carlyle...
Mortgage and Finance News: (SAN FRANCISCO, Calif.) Galway Insurance Holdings ("Galway"), the holding company for EPIC Brokers & Consultants ("EPIC") and JenCap Holdings ("JenCap"), which together represent one of the nation's largest insurance distribution firms, announced today that it has signed a definitive agreement with vehicles controlled by Harvest Partners, LP and its affiliates ("Harvest") for a majority interest of Galway.
News: LTC NEWS Acquisition Anticipates Growth and Expansion
Mortgage and Finance News: (CHICAGO, Ill.) Matt McCann, a nationally-known veteran of the long-term care (LTC) insurance industry, announces the formation of LTC NEWS, LLC after acquiring the online asset - ltcnews.com.
News: Lowden Street Capital Announces Acquisition of Southern Air Custom Interiors, Inc.
Mortgage and Finance News: (ALEXANDER CITY, Ala.) Lowden Street Capital, a private equity firm focused on rural market investing, acquired Southern Air Custom Interiors, Inc., an upholstery company out of Haleyville, Ala. that focuses on custom aircraft interiors, on April 30, 2020.
News: Texoma Real Estate Firm 580 Realty Combines Digital Marketing with Independent Agility Through Acquisition with Okie Land & Home
Mortgage and Finance News: (TEXOMA, Okla.) Okie Land & Home Monica Lambert are joining 580 Realty, a successful association which will bring together an independent firehouse to a stellar realty team, expanding the service area by an additional five counties. This now includes Coal, Pontotoc, Pittsburg, Latimer, Pushmataha, Hughes and McIntosh. From Lake Eufaula to Lake Texoma! Kiamichi Wilderness to Arbuckle Mountains!!!
News: Paragon Insurance Holdings Acquires Trident Public Risk Solutions from Argo Group
Mortgage and Finance News: (NEW YORK, N.Y.) Paragon Insurance Holdings, LLC, headquartered in Avon, Connecticut, a national MGA, announced today that it has closed on the purchase of Trident Public Risk Solutions (TPRS). Acquired from Argo Group (Argo), the transaction positions Paragon as one of the largest providers of commercial insurance coverage for public entities in the U.S.
News: Bank of Southern California, NA and CalWest Bancorp, the Holding Company for CalWest Bank, Announce Changes to Merger Agreement
Mortgage and Finance News: (SAN DIEGO, Calif.) Bank of Southern California, N.A. (OTC Pink: BCAL) and CalWest Bancorp (OTCBB: CALW), today announced that they have renegotiated the terms of their merger and have agreed to amend the initial Definitive Agreement announced on October 21, 2019 following shareholder meetings held on April 22, 2020.
News: 777 Partners Announces Acquisition of Uown Leasing
Mortgage and Finance News: (MIAMI, Fla.) 777 Partners, a Miami based investment firm, is pleased to announce the acquisition of Uown Leasing ("Uown"), from Shepard Capital Partners. Uown, a lease-to-own company based in Tampa, was founded in 2008.
News: KROST Kicks Off the Year by Announcing Merger with BPE&H an Accountancy Corporation
Mortgage and Finance News: (PASADENA, Calif.) KROST CPAs and Consultants, a firm based out of Los Angeles, has merged in BPE&H out of Woodland Hills effective January 1, 2020. Seven principals will join the leadership team at KROST, including Scott Eisner, Martin Belak-Berger, Bob Price, Phil D'Amico, Scott Gilmore; and founding BPE&H principals Jerry Block and Jane Plant.