Mergers and Acquisitions
JenCap Acquires NIF Group
NEW YORK, N.Y. — 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….
Protector Holdings Acquires Big Savings Insurance Agency
SAN FRANCISCO, Calif. — Protector Holdings, a joint venture of EPIC Insurance Brokers & Consultants and Dowling Capital Partners, announced today the acquisition of Big Savings Insurance Services, the firm’s largest acquisition to date. Headquartered in Sacramento, Calif., Big Savings specializes in providing insurance services to Hispanic consumers; writing auto insurance from 14 California locations including Sacramento, Yuba City, Lodi, Stockton, Rancho Cordova, Roseville, Modesto, Turlock, Fresno, San Leandro, San Jose and Salinas….
Elder & Adult Day Services Merges with Easterseals Washington to Provide Services to More Individuals and Families
SEATTLE, Wash. — Easterseals Washington, a Washington state nonprofit serving adults and children with disabilities, announced today that it is expanding – three new adult day service centers are being been added to Easterseals Washington’s program offerings….
International Document Services (IDS) Acquires eMortgage Vendor Encomia
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…
Kelly Zinke purchases Stoltz Image Consulting from Elaine Stoltz, will move StoltzZinke studio to 4961 So. Hulen on Oct. 1, 2016
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 Completes Acquisition of Opus Bank Branch
SAN DIEGO, Calif. — Bank of Southern California, N.A. (OTC Pink: BCAL) 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….
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….
Sunshine Capital, Inc. Acquires Small Cap Development, Inc. to Assist in Portfolio Acquisitions
HOLLYWOOD, Fla. — Sunshine Capital, Inc. (Pinksheets: SCNP / OTC:SCNP) announces it has acquired Small Cap Development, Inc. to help with the execution of the Company’s plan to acquire positions in multiple public companies….