Public Companies
Paragon Insurance Holdings Acquires Trident Public Risk Solutions from Argo Group
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….
Bank of Southern California, NA and CalWest Bancorp, the Holding Company for CalWest Bank, Announce Changes to Merger Agreement
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….
iQ International AG Adds Industry Leaders to Its Advisory Board
SCOTTSDALE, Ariz. — iQ International AG (ISIN CH0451424300/WKN A2PAA5/Symbol IQL), a multinational Sustainable Technologies company publicly traded on the Regulated Market of the Frankfurt Stock Exchange with its global head office in Zug, Switzerland and North American headquarters in Scottsdale, Arizona, is adding three industry leaders to its Advisory Board to assist the Company in its expansion plans….
Kroger, Mattress Mack and Mayor Sylvester Turner Announce Partnership on Senior Needs Drive for 10,000 Seniors
HOUSTON, Texas — The Kroger Company (NYSE: KR) along with Mattress Mack of Gallery Furniture and Mayor Turner announced their partnership to feed over 10,000 seniors in need. “There is an extremely large number of housebound seniors in our community who don’t have access to the food and supplies they need,” said Joe Kelley, President of Kroger Houston….
OpenClose Partners with Genworth Mortgage Insurance to Offer a Streamlined Mortgage Insurance Process from within its LenderAssist LOS
WEST PALM BEACH, Fla. — OpenClose®, the industry-leading multi-channel loan origination system (LOS) and digital mortgage fintech provider, announced it has partnered with Genworth Mortgage Insurance, an operating segment of Genworth Financial (NYSE: GNW), establishing a direct integration to access mortgage insurance (MI) from the LenderAssist™ LOS platform….
Sokal Joins CDK Global Partner Program
RALEIGH, N.C. — Sokal, a full service automotive advertising agency announced today that it has become a participant in the CDK Global Partner Program, the largest marketplace of third-party automotive applications and integrations. CDK Global, Inc. (NASDAQ: CDK) is the largest provider of integrated information technology solutions to the automotive retail industry….
Reliant Holdings Inc. (OTC: RELT) Announces Strategy to Position the Company for Growth
AUSTIN, Texas — Reliant Holdings Inc. (OTC: RELT) recently announced that it has recorded its best year yet in 2019. The past year has seen record-breaking revenues for the company, which has quickly grown into a construction conglomerate that offers comprehensive services in the residential construction realm, from design phases through to fine details post construction….
Bank of Southern California N.A. Announces Fourth Quarter and Year End 2019 Results
SAN DIEGO, Calif. — Bank of Southern California, N.A. (OTC Pink: BCAL) today reported results for the fourth quarter ended December 31, 2019. Total assets ended the year at $830 million at December 31, 2019, an increase of 8.1% compared to December 2018. Total loans increased 6.6% to $677 million and total deposits increased 7.0% to $672 million compared to the prior year as well….
RMA Reveals Behind-the-Scenes Strategies that Helped Secure Amazon Deal for City of Deltona
POMPANO BEACH, Fla. — RMA has revealed the international deal-making that was required to secure an Amazon (NASDAQ: AMZN) distribution center as the anchor for the new Portland Industrial Park in Deltona, Florida. RMA’s economic development and real estate project management team brokered the deal between DOT Properties headquartered in Australia; Seefried Industrial Properties, the developer for Amazon; and the City….
Bank of Southern California, N.A. Completes Capital Offering and Plans to Form Holding Company
SAN DIEGO, Calif. — Bank of Southern California, N.A. (OTC Pink: BCAL / OTCMKTS: BCAL), a community business bank headquartered in San Diego, announced today the successful completion of a capital raise of approximately $12 million through the issuance of common stock in a private placement to institutional and accredited individual investors at a price of $12.00 per share….