World Insurance Associates (WIA), a New Jersey-based insurance brokerage, has acquired Countywide Insurance Agency based in Jefferson Valley, New York, for an undisclosed price. Countywide Insurance Agency offers insurance products for individuals and businesses across New York and Florida. The insurance agency’s team with more than six decades of experience and product knowledge, is said […]
Arcline Investment Management, a private equity firm, has acquired Jersey Elevator, a provider of elevator maintenance, modernization, and installation services in New Jersey and Pennsylvania, for an undisclosed price. Founded in 1974, Jersey Elevator is said to have built a reputation for customer service, quality, and responsiveness, which has been reinforced by its trained professional […]
Majesco, which provides cloud insurance software solutions, has been offered a sweetened price of $729 million for its takeover by private equity firm Thoma Bravo. It can be recalled that the US insurtech company agreed to be acquired by the same private equity firm for $594 million or $13.1 per share in a deal signed […]
World Insurance Associates (WIA), a New Jersey-based insurance brokerage, has acquired Florida-based Novak Agency Insurors for an undisclosed price. Headquartered in Largo, Novak Agency Insurors provides commercial and personal lines of insurance. Operating since 26 years, the company is said to offer personal and commercial insurance with firms like Progressive and National General. Rich Eknoian […]
Maya Capital Partners, a real estate investment firm based in New York City, has acquired a 58,000 SF, 505-unit, self storage facility in Sparta, New Jersey for $6.85 million. Previously known as Super Self Storage Center and Bins & Bays Self Storage, the asset is at 19 & 32 White Lake Road. The self storage […]
World Insurance Associates (WIA), a New Jersey based insurance brokerage, has acquired Professional Insurance Consulting (PICI) for an undisclosed price. Professional Insurance Consulting is an independent property-casualty insurance agency based in Fort Mill, South Carolina, which was founded by Diane Woods in 2005. The property-casualty insurance company is focused on commercial lines, and is said to […]
Thoma Bravo acquisition of Majesco : Private equity firm Thoma Bravo has signed a $594 million deal to acquire US insurtech company Majesco, which claims to help insurers achieve digital business transformation through its cloud-based insurance software solutions. The acquisition by Thoma Bravo will help the New Jersey-based insurance technology provider become a privately held […]
Caesars Entertainment said that it will reopen its Bally’s Atlantic City, Caesars Atlantic City, and Harrah’s Resort Atlantic City casinos in Atlantic City in New Jersey on 3 July. The gaming hotel and casino corporation said that its Atlantic City assets will reopen to the public in compliance with the directives from New Jersey Governor Phil Murphy. […]
World Insurance Associates (WIA), a New Jersey-based insurance agency, has acquired Dan Woron Agency for an undisclosed price. Based in Port St. Lucie in Florida, Dan Woron Insurance Agency is an independent agency that specializes in homeowners, auto, life coverage, and business, and also retirement and employee-benefit products. Dan Woron Agency has been serving the […]
New Jersey-based Rutgers University’s RUCDR Infinite Biologics and its collaborators have been granted emergency use authorization (EUA status) for their saliva-based COVID-19 test by the US Food and Drug Administration (FDA). The new COVID-19 test uses saliva as the main test biomaterial for the SARS-CoV-2 coronavirus. The EUA status permits the immediate use of saliva […]