HomeTrust Bancshares, a North Carolina-based bank holding company, has signed a stock and cash deal worth around $67.6 million to acquire Atlanta-based Quantum Capital Corp. Quantum Capital Corp. is the parent of Quantum National Bank, a $660 million asset bank that has three locations in the Atlanta metro region. Presently, Quantum National Bank operates as […]
Cargill and Continental Grain Company have wrapped up the previously announced joint $4.53 billion acquisition of Sanderson Farms, an American poultry company that was listed on Nasdaq. The all-cash deal of $203 per share was announced in August 2021. As previously announced by the parties, Sanderson Farms has been merged with Continental Grain’s subsidiary Wayne […]
Majestic Steel USA, a provider of supply chain solutions and prime flat-rolled steel products, has acquired Quicken Steel LLC and Mercury Transport Inc. for an undisclosed price. Based in Claxton, Georgia, Quicken Steel manufactures steel buildings and components. On the other hand, Mercury Transport is a transportation company headquartered in Pittsburg, California. Both the companies […]
US-based bank holding companies VyStar Credit Union and Heritage Southeast Bancorporation (HSBI) have mutually agreed to scrap their previously announced merger deal owing to regulatory hurdles. VyStar Credit Union is a Florida-based credit union, while Heritage Southeast Bancorporation is the holding company for Heritage Southeast Bank, a Georgia-based state-chartered bank. Under the deal that was […]
Hub International said that it has snapped up the assets of Alexander & Company, an employee benefits advisory firm for the public sector based in Woodstock, Georgia. The financial terms of the deal were not revealed. Since 1995, Alexander & Company has been involved mainly in public education systems. It is also said to have […]
Inland Pipe Rehabilitation (IPR), a US-based water and wastewater infrastructure services company, has acquired Granite Inliner and affiliated companies from Granite Construction Incorporated. The financial terms of the deal were not disclosed. Inland Pipe Rehabilitation, which is a portfolio company of investment affiliates of J.F. Lehman & Company (JFLCO), said that the acquisition boosts its […]
Venbrook Group, a Los Angeles-based insurance distribution and services firm, has acquired Alpharetta Underwriters, a specialty managing general agent (MGA), for an undisclosed price. Based in Alpharetta, Georgia, Alpharetta Underwriters offers customized excess and surplus (E&S) solutions to the construction sector. The team of Alpharetta Underwriters is said to have more than 70 years of […]
Global insurance brokerage Hub International said that it has acquired the assets of Risk Point Consulting for an undisclosed price. Risk Point Consulting, which is based in Marietta, Georgia, is a specialist in providing college athletics and professional sports contractual bonus coverage as well as over-redemption insurance. The company’s team is said to have a […]
Insurance brokerage giant Arthur J. Gallagher & Co. has acquired Garner & Glover Company based in Rome, Georgia, for an undisclosed price. Garner & Glover is an independent agency that provides a range of business and personal property/casualty, and life and benefits products. The company, which has been operating since 1874, also offers athletics, wellness […]
United Digestive, an Atlanta-based physician practice management company, has entered into a partnership with East Atlanta Gastroenterology Associates (EAGA) as part of its expansion in Georgia. East Atlanta Gastroenterology Associates, which was established in 1981, offers diagnostic and therapeutic gastroenterology services, which include advanced endoscopy techniques. The digestive health care practice runs four clinics and […]