Acquisitions in Missouri in 2015

Marsh & McLennan Agency LLC (MMA) has acquired J.W. Terrill, a St. Louis-based independent insurance agency. The deal expands MMA's national footprint into Missouri; J.W. Terrill’s ~195 employees and leadership will join MMA’s upper Midwest region and continue operating from the St. Louis office. Terms were not disclosed.

Hudson Insurance Company (Hudson Insurance Group) acquired Euclid Managers, LLC (Euclid-KC), an underwriting and claims manager focused on tech, media, manufacturers and miscellaneous professional liability, from Euclid Insurance Services, Inc. and Euclid-KC's management. The Euclid-KC team and operations will join Hudson's Professional Liability group and continue to operate from Kansas City as Hudson transitions the business into its platform.

Time Inc. acquired Missouri-based FanSided, a network of more than 300 fan-focused sports, entertainment and lifestyle websites that reached roughly 15 million unique visitors per month. Founders Adam and Zach Best (and partner Matt Blake) will join Time Inc. to run FanSided as part of the Sports Illustrated Group; terms were not disclosed.

Cleveland private equity firm CapitalWorks, LLC has acquired a majority ownership stake in Bancsource, Inc., a Republic, Missouri-based provider of ATM and cash-cycle equipment sales and maintenance services to banks and retailers. CapitalWorks said it plans to invest in and grow Bancsource while Bancsource's existing leadership will remain active in management.

West Corporation (NASDAQ:WSTC) acquired assets from GroupCast, LLC, including the GroupCast and SchoolReach businesses, for approximately $13.5 million in cash. The SchoolReach business will be combined with West's SchoolMessenger offering as part of its Unified Communication segment; the sale was driven in part by a founding partner's planned retirement.