Merger & Acquisition News

SACRAMENTO, Calif.--(BUSINESS WIRE)--Inszone Insurance Services, a rapidly growing national provider of benefits, personal, and commercial lines insurance, has announced the acquisition of Maurice Taylor Insurance Brokers. Founded in 1991 by Maurice Taylor, Maurice Taylor Insurance Brokers focused on providing tailored insurance coverage to both business and personal clients. With over three decades of experience in the insurance industry, Maurice's vision for a client-centric agency ensured th...

BOULOGNE-BILLANCOURT, France--(BUSINESS WIRE)--Regulatory News: Carmila (Paris:CARM) announces the signing of an agreement with Etixia (the property company of Kiabi) for the sale of Bay 1 in Torcy, in the Ile-de-France region. This asset, acquired in 2014 and 100% occupied, consists of 25 units, including many innovative restaurant concepts and several mid-sized stores. The sale price of €35 million including transfer taxes is in line with the appraisal value. The transaction is expected to cl...

COSTA MESA, Calif.--(BUSINESS WIRE)--Q-SYS, a division of QSC LLC, is pleased to announce the completion of its acquisition of Seervision, a Swiss-based industry pioneer in AI-driven camera automation software. This first integrated AI solution for Q-SYS will deliver a more engaging real-time remote experience, setting new standards for intelligent video in hybrid learning and high-impact collaboration spaces. Starting August 7, 2023, Q-SYS customers will have the option to purchase Seervision...

LONDON--(BUSINESS WIRE)--JTC, corporate and private client services, completes the acquisition of TC3 Group Holdings LLC, trading as South Dakota Trust Company (SDTC)....

DALLAS & NEW YORK--(BUSINESS WIRE)--Seaport Capital has acquired CyberlinkASP from Staple Street Capital....

HUNTSVILLE, Ala.--(BUSINESS WIRE)--Cyber intelligence solutions and technology company Sentar Inc. (Sentar) has acquired Waterfront Technical Services, a Huntsville-based company....

RICHMOND, Va.--(BUSINESS WIRE)--Monroe Street Partners (“MSP”), a Chicago-based private equity firm, announced today that it has acquired a majority equity stake in Brandito (or the “Company”) in partnership with founder and President Michael Lovern, who has made a substantial reinvestment in the Company. Financial terms of the transaction were not disclosed. Based in Richmond, VA, Brandito is a leading marketing services platform focused on promotional product distribution, warehousing, fulfil...

MOBILE, Ala.--(BUSINESS WIRE)--The Presidio Group exclusively advised Group 1 Automotive Inc. on the sale of Nissan of Mobile in Mobile, Ala., to Tameron Gulf Coast of Daphne, Ala....

NEW YORK--(BUSINESS WIRE)--Payoneer (NASDAQ: PAYO), the financial technology company empowering the world’s small and medium-sized businesses (SMBs) to transact, do business, and grow globally, today announced the asset acquisition of Israel-based Spott, a real-time data platform that uses AI to accurately surface, assess, and quantify data for more informed and faster business decision-making. Spott’s technology will enable Payoneer to better understand and serve customers, which supports our...

NEW YORK--(BUSINESS WIRE)--Terra Property Trust, Inc. today released the below letter sent to the Board of Directors of Western Asset Mortgage Capital Corporation (NYSE: WMC). *** August 03, 2023 Western Asset Mortgage Capital Corporation 385 E. Colorado Blvd. Pasadena, CA 91101 Attention: The Board of Directors Dear Members of the Board of Directors, I write to you on behalf of Terra Property Trust, Inc. (“TPT” or “we”) to reaffirm our commitment to consummating a merger with Western Asset Mor...