The Dallas-based BMC Capital acquired Riverhill Financial Groupin Atlanta and Millennium Capital Associates LLC of Lexington, KY.Both are two-employee shops that will hold their existing locationsat 1200 Abernathy Rd. in Atlanta and 2333 Alexandria Dr. inLexington. Tim Kinney, president of the two-year-old Riverhill,remains in place as does Walter Dyminski, managing director for theseven-year-old Millennium.

The push for a coast-to-coast, brand-building presence has theoffice count up to nine, mostly in the West, but eight more, all inthe Southeast, are expected to be bought in the next year, JonathanMorris, BMC Capital's president, tells GlobeSt.com. He's alreadyengaged in talks with two firms in Miami and Tampa, part of a planto add four more offices this quarter. Other buyouts can beexpected in and around Baltimore, Washington, DC, Nashville andmetro hubs in North Carolina. "The only question for BMC is ifthere is a suitable candidate for acquisition," Morris says, "orwould we have to go in and build it from scratch." That was thecase in Phoenix.

Morris says BMC Capital has tripled sales volumes to about $1billion annually in the past year with its shopping spree of smallcompetitors. The two-year goal is to acquire 40 offices in itsniche market, $500,000 to $5 million.