Acquisitions in Florida in 2015

All Risks Ltd. has acquired Specialty Risk Underwriters, a St. Petersburg, Florida-based national program administrator specializing in accident insurance and comprehensive packages for sports organizations, schools, colleges, camps and special events. The founders, Kent and JoAnna Lynch, joined All Risks’ Alive Risk division and will operate from the St. Petersburg office; terms were not disclosed.

ALPHAEON Corporation has agreed to acquire substantially all assets of LENSAR, Inc. in a transaction valued at up to $59 million in cash, stock and assumed debt. The deal brings LENSAR’s femtosecond cataract laser technology into ALPHAEON’s lifestyle healthcare portfolio and expands ALPHAEON’s ophthalmology offering for its global network of ophthalmologists.

Deluxe Corporation has acquired Datamyx LLC, a Boca Raton–based provider of marketing analytics and tri-bureau data solutions, from private equity firm Halyard Capital. The acquisition will expand Deluxe’s marketing services and technology platform for financial institutions by integrating Datamyx’s Intelidata Express analytics and targeting capabilities.

Huskie Tools has acquired Hook International, Inc., a Clearwater, Florida-based manufacturer of utility and industrial hoists. Huskie will move Hook's operations to its Glendale Heights, Illinois headquarters and integrate the product line to continue serving utility linemen and other industrial customers.

United States Pipe and Foundry Company, LLC (U.S. Pipe), a portfolio company of Wynnchurch Capital and Comvest Partners, has acquired Custom Fab, Inc., a Florida-based fabricator of pipes and fittings serving the waterworks industry. The deal expands U.S. Pipe's fabrication footprint, adds specialty linings and coatings capabilities, and is intended to improve cost position and customer service across both companies' customer base.

Marsh & McLennan Agency LLC (MMA) has acquired Tequesta Insurance Advisors, a Florida-based personal, commercial, and employee benefits insurance provider. Tequesta, which generates approximately $10 million in annual revenue and has about 50 employees, will continue operating from its Tequesta, Florida office with all employees joining MMA; terms were not disclosed.

Emdeon Inc. has entered into a definitive agreement to acquire Altegra Health for approximately $910 million in cash. The acquisition combines Altegra's risk adjustment, quality analytics and member engagement platform with Emdeon's Intelligent Healthcare Network and revenue-cycle/payment solutions to expand capabilities for value-based care and improve payer/provider performance.

JLL Partners, a middle-market private equity firm, has acquired Point Blank Enterprises from an affiliate of Sun Capital Partners. Headquartered in Pompano Beach, Florida, Point Blank is a leading developer, manufacturer and distributor of ballistic and soft armor systems serving U.S. military, law enforcement and international customers; JLL said it will support the company's organic growth and pursue M&A opportunities.

Eagle American Insurance (EAI), supported by Insurance Office of America (IOA) and Dowling Capital Partners (DCP), has acquired Commonwealth Insurance of the Bay Area, a family-owned personal-lines insurance agency founded by Jason Butts in 2002. Commonwealth will continue to operate under its existing brand and staff while gaining access to EAI/IOA carrier relationships and national resources as part of EAI’s succession and expansion strategy.

Leixir Holdings, the Leixir Lab Group network, has acquired the dental laboratory solutions business of Knight Dental Group, Inc. Knight — an ISO 13485-certified full-service dental laboratory based in Oldsmar, Florida — will serve as Leixir's headquarters and center of technical competency as Leixir expands its North American network and market share.

The Hilb Group, LLC acquired All Lines Insurance Group of Clearwater, Florida, effective May 1, 2015. All Lines is a full-service insurance brokerage specializing in property and casualty insurance for condominium associations across Florida; the acquisition expands The Hilb Group's national program capabilities and adds specialist condominium-association expertise.