Marketopia, a marketing and lead generation company based in Pinellas Park, has acquired Continuity Marketing, a London-based marketing firm that serves managed service providers, vendors and technology companies. The acquisition will help Marketopia expand its presence in London and better serve clients in Europe, the Middle East and Africa. The company opened an office in … Read more
The Alliance of M&A Advisors Tampa Bay Chapter has named Soma Global’s massive investment the organization’s 2021 Deal of the Year. Soma Global, a public safety provider company based in Tampa, received a $22.5 million investment from Weatherford Capital, a Tampa-based private firm, in January. Other finalists for Deal of the Year included Dow Sherwood … Read more
Tomlin St Cyr Real Estate Services, one of the top producing brokerages in Hillsborough County, has acquired Gulf Shores Realty, based in Venice. The partnership will result in a combined 89 agents responsible for $376 million in sales and 783 transactions annually, according to a statement. Tomlin St Cyr, founded in 2016, produced $107 million in sales volume in 2020. … Read more
IT Authorities, a Tampa-based managed service provider and managed security service provider, recently announced that it has been acquired by WidePoint Corp. (NYSE American: WYY), a publicly-traded company that provides trusted mobility solutions, telecom lifecycle management, and access, and identity management services to government entities and Fortune 100 companies. WidePoint serves the Department of Defense, … Read more
Tampa-based Morgan Auto Group has reached an agreement to acquire Reeves Import Motorcars, also based in Tampa. The acquisition is the largest in Morgan Automotive’s history and doubles its footprint in the luxury market, according to Brett Morgan, CEO of Morgan Auto Group (pictured above). In a recent mailing to Reeves customers the Reeves family … Read more
MarineMax (NYSE: HZO), a boat and yacht retailer based in Clearwater, acquired KCS International, also known as Cruisers Yachts, headquartered in Oconto, Wisconsin. Cruisers Yachts produces models from 33’ to 60’ feet. The company recently announced the expansion of its production capacity by purchasing a 216,000 square foot, purpose-built boat manufacturing plant in Pulaski, Wisconsin, … Read more
GuideWell Mutual Holding Corp., the parent company of Florida Blue, acquired New Directions Behavioral Health, a managed behavioral health organization headquartered in Kansas City. GuideWell is currently a minority shareholder of New Directions. Through this transaction, GuideWell will acquire all interests from Blue Cross Blue Shield of Kansas City and Blue Cross Blue Shield of … Read more
Coral Rock Development Corp. and Arena Capital Holdings, both based in Miami, acquired Prospect Towers in downtown Clearwater for $13.5 million. The senior living high-rise has 208 independent living units and sits on 2.3 acres. Coral Rock and Arena Capital plan to renovate the property, including the interior. Innovation Senior Management will manage operations of … Read more
Stahl & Associates Insurance has reached an agreement to acquire Orlando-based Morse Insurance Agency. The addition of Morse Insurance Agency will expand Stahl & Associates’ footprint in Florida, a statement said. Terms of the deal were not disclosed. The acquisition closed on December 1. “The insurance industry is changing and consolidating at a rapid pace. … Read more
