Financial Services Acquisitions in West Virginia

MAI Capital Management acquired LOC Investment Advisers, a fee-only RIA with offices in Hurricane, West Virginia and Jupiter, Florida, adding approximately $759 million in AUM and more than 800 client households. The deal closed effective February 13, 2026; LOC founders Robert O'Dell and David Lanham will remain involved to support continuity and succession, and LOC Managing Director Sean Mayberry will become Senior Wealth Advisor & Team Leader.

Jack Henry & Associates, Inc. has acquired Victor Technologies, Inc. from MVB Financial Corp. The acquisition brings Victor's cloud-native, API-first embedded payments and Payments-as-a-Service (PaaS) capabilities into Jack Henry's suite to expand its payment services for banks, credit unions and fintech partners; terms were not disclosed and Jack Henry expects the deal to be accretive by fiscal 2028.