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Money

Jacobs Engineering to Buy Edwards and Kelcey

Edwards and Kelcey, a Morristown-based engineering and construction management firm, today said it is being acquired by Jacobs Engineering Group Inc. of Pasadena, Calif., an $8 billion firm with 45,000 employees. Terms were not disclosed. Edwards and Kelcey has 25 regional offices with roughly 1,000 employees; about 215 of them are in New Jersey.

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Center Bancorp to Buy Beacon Trust for 10.3M

Center Bancorp Inc., the parent company of Union Center National Bank, today signed a definitive merger agreement to acquire Beacon Trust Company in Madison for $10.3 million in cash and stock. Beacon Trust is a privately held limited purpose trust company with $1.3 billion in managed assets

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CircuLite Closes 20M Series B Private Placement Funding

Privately held CircuLite Inc. in Hackensack, a maker of medical devices for the heart, today announced the closing of a $20 million Series B private placement to help support the first in-man trial of its Synergy Pocket Circulatory Assist device slated for this year. The device is a micro-pump that connects to the left atrium and the subclavian...

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