Merger move: C.J. Brown and its parent company, Latter & Blum, announced today that they have acquired Thibodaux-based residential brokerage Century 21 Acadia Realty in an effort to expand their south Louisiana operations. A news release from the companies says the merger increases their referral networks and service areas to 31 residential offices with more than 1,400 Agents in Louisiana and Mississippi. The merger is the second for C.J. Brown and Latter & Blum in the Houma/Thibodaux area, after the companies bought out Patterson Real Estate Agency in Houma in September. The two offices will operate as “Latter & Blum Inc./REALTORS” moving forward, the company news release says.
In charge: The Louisiana Community and Technical College System Board of Supervisors has named Dennis Michaelis as acting chancellor of Baton Rouge Community College, the community college system announced today. System President Monty Sullivan made the recommendation to the board during a special executive committee meeting this morning, according to an LCTCS news release. Michaelis will assume his duties as acting chancellor on July 20 and will become interim chancellor on Sept. 1. He is expected to serve in the interim role for at least one year. Outgoing BRCC Chancellor Andrea Lewis Miller was recently named president of LeMoyne-Owen College in Memphis, Tennessee. Michaelis has 36 years of higher education administration leadership experience primarily in two-year colleges. He most recently served as interim chancellor of St. Louis Community College from October 2013 to June 2015.
Deal in place: Baton Rouge-based First National Bankers Bank announced today plans to acquire Independent Bankers’ Bank of Florida, which is based in Lake Mary, Florida. Financial terms of the acquisition were not disclosed. The deal will expand FNBB across the Gulf South by providing a new regional office location in Lake Mary, Florida and increasing the bank’s customer base to more than 800 financial institutions, according to a news release. FNBB’s assets are expected to grow to roughly $1 billion after the acquisition. “We look forward to this growth opportunity and to ensuring that all of our community bank customers remain well taken care of by an even stronger more vibrant FNBB for many years to come,” FNBB President and CEO Joseph F. Quinlan III says in a prepared statement.
