Bimini Capital Management to acquire 80% stake in Tom Johnson Investment Management.

Bimini Capital Management, a company that operates as a specialty finance company, agreed to acquire 80% stake in Tom Johnson Investment Management, a company that offers personalized investment management services. Financial terms were not disclosed. “This strategic step will facilitate staff retention and provide our staff with ongoing incentives for both growth and sustaining the high level of services to our clients over the long term. I personally look forward to working with Bob and Bimini in the years to come to address this ever-changing investment service arena,” Richard H. Parry, TJIM President and CIO.