Subscribe to Smart Business Dealmakers
November 14, 2019
GateHouse, Gannett merger approved
By Jayne Gest
Shareholders, in separate votes, approved the plan for GateHouse Media parent New Media Investment Group Inc. to buy Gannett Co Inc. in a $1.2 billion stock and cash deal. The two companies own 19 Ohio newspapers, including the Columbus Dispatch, the Akron Beacon Journal and the Canton Repository.
Local Deals Columbus Cleveland
November 12, 2019
BioEnterprise’s Aram Nerpouni: Talent Is Vital To Creating Deal Opportunities In Cleveland’s Health Care Sector
Cool ideas are great. Investors want to see the leadership and the team behind the idea before they invest, says the nonprofit's president and CEO.
November 12, 2019
Falls’ Rob Falls: Merger With Wyse Provides Tools To Continue Growing, Evolving
Rob Falls needed to make an acquisition. When he found a peer in the Cleveland marketing industry who was looking to sell, he got to work negotiating a deal.
November 7, 2019
MedPilot Co-Founders Bring A Methodical Approach To Scaling Their Business
Matt Buder Shapiro and Nathan Spoden have taken a humble yet confident approach to building MedPilot.
November 7, 2019
BGL Sells Warnock Food Products To Calbee
Local Deals Chicago Cleveland Philadelphia
November 5, 2019
Matt Kaulig: The Path From Risky Move To Smart Play
The founder of LeafFilter explores the mindset of entrepreneurs and dealmakers when it comes to taking risks.
November 1, 2019
GT Entrepreneurs closes deal for Service-Tech Corp.
Pittsburgh’s GT Entrepreneurs has closed its third deal, as Gabriel Chick, a GTE operator-in-residence, has completed the final paperwork to acquire Service-Tech Corp., a Cleveland-based HVAC and industrial cleaning company.
October 30, 2019
Staffing Solutions’ SueAnn Naso: When Buying A Business, Take The Time To Do It Right
SueAnn Naso and Carmella Calta are good friends. But they still had to follow the proper steps when Calta sold her business, Staffing Solutions, to Naso.
October 30, 2019
Shore Capital Partners’ Justin Ishbia: Shared Vision Often Leads To Great Deal Opportunities
Shore Capital Partners's Justin Ishbia sees tremendous potential for growth at Akron, Ohio-based Main Street Gourmet.
October 30, 2019
Winbridge’s Chris MacLaren: Due Diligence Should Always Rate High On Your M&A Priority List
Chris MacLaren crunches the numbers at Winbridge, enabling PE/VC firms time to raise capital and source new deals.
October 30, 2019
Rock The House Announces Ownership Change
Rock The House Entertainment Group Inc. has new ownership with COO Ryan Konikoff acquiring the majority share of the business. Rock The House Founder and CEO Matt Radicelli will remain at the helm of the company.
October 24, 2019
Gabriel Performance Products Buy Deltech Portfolio
Local Deals Cleveland Pittsburgh
October 24, 2019
Falls Buys Wyse In Deal That Combines Two Cleveland Firms
Wyse, which was founded in Cleveland in 1951, will be retaining its name, but will be co-branded a Falls company. A location or locations for the new company has yet to be decided.
October 23, 2019
Randy Carver: There Is Much To Think About As You Prepare To Sell
The first question you need to ask yourself if you’re thinking about selling your business, says Randy Carver, is what do you want to do next?
October 21, 2019
When You Play ‘Gotcha!’ In M&A, It Often Comes Back To Bite You
Buyers with a gotcha mentality win some due diligence battles, but they often lose the due diligence war, explains Citizens Capital Markets' Mark A. Filippell.
October 21, 2019
Cleveland Clinic, American Well Partner On Digital Health Joint Venture
The Clinic expects to offer online access to expert care across a wide array of specialties without requiring individuals to leave their homes.
October 17, 2019
MAI Capital’s Rick Buoncore: Acquisitions Drive Opportunity As Firm Nears $7B
Acquisitions have MAI Capital poised to top $7 billion in assets under management, says Rick Buoncore, with more deals and more growth to come.
October 15, 2019
MC Group’s Tim Eippert: Lack Of Customer Overlap Facilitates MC Group/Icon Merger
In dealmaking, you don’t grow just to double, says Tim Eippert. You want more. The CEO of MC Group explains how integration will play a key role in maximizing the benefits of its merger with Icon.
October 10, 2019
Jeremy Flack: Dealmaking Isn’t Supposed To Be Painless
You'll never get a deal done if you’re unwilling to compromise at the negotiating table, says Flack Global Metals CEO Jeremy Flack.
October 10, 2019
Chas Withers: All Hope Is Not Lost For Dealmaking In 2020
Dix & Eaton's CEO explains why there is reason to be optimistic about the climate for M&A activity headed into 2020.
October 7, 2019
Worthington Industries Buys Heidtman Steel Processing Facility
The facility will complement Columbus-based Worthington’s network of facilities in Northeast Ohio, including its cold rolled steel processing facility in Cleveland and Samuel Steel Pickling Co., a joint venture, in Cleveland and Twinsburg.
October 4, 2019
Key Deals Propel Gent Machine To Steady Growth
Rich Gent talks about two pivotal deals in Gent Machine Co.’s history that have set the business up for a bright future.
October 2, 2019
Ohio Basement Systems Finds Growth Foundation In Sale To Groundworks
Mike Rusk talks about how the sale of his Ohio Basement Systems to Groundworks will give the company an even stronger support structure for the future growth of the business he and his wife Gayle started in 1998.
September 27, 2019
Deal Outlook: Corporate Divestitures Offer Opportunity, Risks
Tom Zucker of M&A advisory firm EdgePoint Capital talks about the effect interest rates typically have on M&A activity and the continued rise of corporate divestitures in the dealmaking space.
September 24, 2019
Vail Resorts closes deal for 17 US ski areas
Local Deals Cleveland Columbus Philadelphia
September 23, 2019
Startups Must Not Abuse The Concept Of Patience
As business leaders, let's identify where patience has become the wolf in sheep's clothing and make it the prominent theme for innovation again, writes Axuall's Charlie Lougheed.
September 20, 2019
ScaleCo Strives To Change The PE Model
Brendan Anderson launched ScaleCo to be more of a partner in scaling lower-middle-market businesses, using a permanent capital investment model to develop sustainable growth platform companies.
September 19, 2019
Shore Capital Partners Completes Recap Of Main Street Gourmet
Local Deals Chicago Cleveland
September 19, 2019
Foundation’s David Wood On Management Transitions
Foundation Investment Partners founder David Wood talks about his approach to minimizing trouble when making acquisitions.
September 16, 2019
Gordon Pointe to merge with Hall of Fame Village in $390M transaction
The merger is expected to produce a sports, entertainment and media enterprise surrounding the Pro Football Hall of Fame.
September 12, 2019
TPA Stream's Jacob Sheridan: Find A Problem, Then Start A Business
Don’t try to start a business, advises TPA Stream CEO Jacob Sheridan. Try to find a big problem and come up with a creative way to solve it. That's your business.
September 10, 2019
How MCM Capital Looks At Acquisitions
Senior Managing Partner Mark Mansour takes us inside his approach for evaluating investment opportunities at MCM Capital.
September 6, 2019
Wind Point to buy Callery from Edgewater Capital
Local Deals Pittsburgh Chicago Cleveland
September 5, 2019
MC Group Merges With Icon
Mentor-based MC Group, which is owned by Bahrain's Arcapita, has merged with Rolling Meadows, Ill.-based Icon to form one of the largest companies in the sign industry.
September 5, 2019
Warren Anderson: Early McDonald's Deal Built Distribution Powerhouse
Warren Anderson admits his approach to dealmaking is less refined than that of many entrepreneurs. “I'm kind of like a cowboy,” the founder of The Anderson-DuBose Co. says.
September 4, 2019
Novelis, Aleris deal faces challenge by U.S. Justice Department
Novelis Inc.’s deal to buy Aleris Corp. could be derailed by a lawsuit filed by the U.S. Justice Department, which is suing in order to preserve competition in the North American market for aluminum auto body sheet.
September 3, 2019
Dealmakers Have Yet To Embrace Data Analysis. That’s A Mistake.
When it comes to dealmaking, many companies are doing what they’ve always done. Unfortunately, that means they’re not thinking about the massive amounts of previously unavailable data that can help them analyze potential deals more quickly than ever.
August 28, 2019
True North Energy buys Schmuckal Oil
Brecksville, Ohio-based True North Energy LLC has closed on the purchase of 25 convenience retailing and petroleum marketing assets from Schmuckal Oil Co. and its affiliates in the Traverse City, Mich., market.
August 28, 2019
Winding River Consulting's Gary Shamis
Gary Shamis, who has spent a lifetime in business making deals and growing companies, talks about his skills as a deal negotiator and lessons he’s learned as an investor.
August 23, 2019
Park Place's Entuity Deal Marks Shifting Strategy
On his way to shifting Park Place Technologies' M&A strategy with a tricky deal to buy Britain's Entuity, Chris Adams takes a lesson from Microsoft’s Satya Nadella
August 22, 2019
ACG's John Grabner: Recession Talk Not Slowing Down Pace Of Dealmaking
The president of the Cleveland Chapter of the Association for Corporate Growth talks about some of the trends affecting dealmaking activity in Northeast Ohio.
August 22, 2019
Compass Self Storage buys Pittsburgh location
Compass Self Storage, a member of the Amsdell family of companies, has acquired Shaler Self Storage in Allison Park. This transaction marks the Cleveland company’s fourth location in the Greater Pittsburgh area and its 90th location nationwide.
August 22, 2019
For Startups, Value Attracts Funding
Focusing all your attention on fundraising can actually make it harder to close your next funding round if it distracts you from creating the value investors want, writes JumpStart's Jerry Frantz.
August 20, 2019
Avalon Precision Casting bought by Sigma Electric
Avalon Precision Casting is being acquired by Sigma Electric Manufacturing Corp., a manufacturer of ferrous and non-ferrous castings.
August 16, 2019
VentureOhio’s Tabs Top 50 Startups To Watch
Columbus’ startup culture is bustling, with 24 Central Ohio companies called out by VentureOhio in its 2019 list of Ohio’s top 50 most promising startups. Northeast Ohio has 10 startups on the list.
August 16, 2019
Investors Seek Startup CEOs Who Are Willing To Take Risks
Early-stage entrepreneurs who are willing to put it all on the line to build a business are held in high regard by investors — even if they ultimately fail, says StartInCLE founder Ed Buchholz.
August 12, 2019
Selling Your Business Can Be An Exhausting Process
For founder Howard Lewis, the act of selling Family Heritage Life was ultimately positive as it gave him the opportunity to pursue other passions in his life. But it was also exhausting.
August 8, 2019
How Andrew Lefkowitz Ferments Deals
Andy Lefkowitz is an experienced dealmaker, having two major exits from one business. He also knows what he doesn’t know. That's his formula for success at his latest business, Locus Fermentation Solutions.
August 7, 2019
How To Walk Away, But Leave The Door Open
When a deal falls apart, it’s natural to be frustrated. In his latest Dealmaker Insider column, Michael Feuer explores why it’s always wise to temper your response in these situations.
August 7, 2019
Dominic DiPuccio: Keep Your Eyes On The Prize
Deal attorney Dominic DiPuccio talks about prioritizing what's important and what's not when buying or selling a company.
August 7, 2019
Anheuser-Busch Buys Platform Beer
Anheuser-Busch InBev has acquired Cleveland-based craft brewer Platform Beer Co. Terms of the deal were not disclosed.Platform, founded by Paul Benner and Justin Carson in 2014 as a homebrew-inspired
July 30, 2019
The Behavioral Side Of Investing
AdCap Management Chief Investment Officer Chaya Slain explores the human side of investing and shares what she has learned to minimize mistakes.
July 30, 2019
Parker Hannifin set to buy Exotic Metals Forming for $1.7B
Parker Hannifin Corp. is set to acquire Exotic Metals Forming Company LLC for $1.725 billion in cash.
July 30, 2019
Selling Your Business: Are You Really Ready To Fly Solo?
While you are successful and have negotiated and closed hundreds of deals to build your business, selling your company is a completely different transaction that involves unique dynamics, approaches and details, writes says Cascade Partners Managing Director Ken Marblestone.
July 30, 2019
Tom Ferkovic: Assessing Deal Opportunities In Health Care
Thomas Ferkovic, CEO of Medic Management Group, talks about dealmaking in health care, both from the perspective of the physician and the potential investor.
July 26, 2019
Collaboration Drives Momentum In Cleveland’s Startup Community
JumpStart CEO Ray Leach has been focused on urgency of late in his assessment of Northeast Ohio’s startup community.
July 23, 2019
Vail Resorts buys 17 U.S. ski areas for $264 million
The acquisition includes Alpine Valley, Boston Mills, Brandywine and Mad River Mountain in Ohio; and Liberty Mountain Resort, Roundtop Mountain Resort, Whitetail Resort, Jack Frost and Big Boulder in Pennsylvania.
July 23, 2019
Selling Your Business: Take Time To Do It Right
Spectrum Diversified Designs founder Sheldon Goodman talks about the process he followed to find the right buyer and the importance of having industry experts in your corner who can guide you to a more informed decision.
July 19, 2019
How To Leverage Your Banker, Even Without Using Debt
Wes Gillespie, ErieBank’s regional president for the Cleveland market, talks about the bank’s role in the acquisitions process and how lenders can be a valuable M&A partner, even if you’re not using debt to finance your acquisition.
July 16, 2019
Lubrizol buys Bavaria Medizin Technologie
This acquisition is intended to build on Lubrizol’s expertise in precision thermoplastic extrusion and product development.
July 16, 2019
Michael Canty: Quit Whining And Go Make Some Money
Turnaround CEO Michael Canty talks about his approach to making deals in tough situations and the value of staying true to your convictions.
July 10, 2019
Will Culture Eat Your M&A Strategy For Lunch?
To get the most out of any deal, leaders must be on the same page, must deliver consistent messages that are repeated, writes Dix & Eaton CEO Chas Withers in his latest Insider column. They then must be willing to shape strategy around the organic element of culture — not vice versa.
July 9, 2019
Planning Is Timeless; So Is Change
Sequoia Financial Group's Tom Haught and Cohen & Co.'s Randy Myeroff talk about the value provided and the risks that need to be considered when planning for M&A activity.
July 8, 2019
Find Investors Who Fit Your Startup's Business Model
It often takes some time for early-stage entrepreneurs to learn the value of authenticity in their pitches to investors. That has certainly been the case for Laura Adiletta and Cullen Naumoff, co-founders of Farm Fare.
July 3, 2019
Carl Grassi: Keys To Better Dealmaking
McDonald Hopkins Chairman Carl Grassi shares some of the key issues he thinks business owners need to factor into their approach to dealmaking.
July 1, 2019
H. Jack’s Plumbing’s John Langer: Culture Is Key In Service Acquisitions
H. Jack’s Plumbing President John Langer talks about the role acquisitions can play in helping companies in the service industry maintain their reputation for top-notch customer satisfaction.
June 28, 2019
Raising Capital: Three Things Every Investor Wants To Know
When you’re an investor being asked to provide millions of dollars in capital to a growing business, you want a lot of details about how that money will be used.“I would bet 90 percent of the
June 24, 2019
Focus M&A Negotiations On The Critical Issues
Without clear priorities, M&A professionals often flounder by attempting to maximize results along every dimension, writes Mark A. Filippell. This bogs down purchase agreement negotiations as every issue becomes a deal-breaker and reasonable trade-offs cannot be made.
June 21, 2019
Selling an ESOP: How Remington Products Sold To Private Equity
We take an inside look at how CEO Rhonda Newman worked with investment bank Cascade Partners to sell the ESOP company to Gridiron Capital.
June 20, 2019
Compass Self Storage adds to Florida presence with Largo deal
The newest Compass self-storage center has more than 98,000 net rentable square feet and offers a mix of climate and non-climate drive-up units.
June 18, 2019
Keys to developing a strong capital structure
Candlewood Partners founder Glenn Pollack discusses restructuring transactions, building strong capital structures and the risk of selling to private equity.
June 14, 2019
Brett Lindsey: Inside Everstream's Sale to AMP Capital
After receiving 16 bids, Everstream CEO Brett Lindsey completed a deal in September 2018 to sell the fiber network for more than $330 million to a surprising buyer: Australia’s AMP Capital. Here’s an inside look at how the deal got done and Lindsey’s takeaways from the process.
June 13, 2019
Cedar Fair buys Texas water parks, resort for $261 million
Cedar Point's owner is set to acquire two Schlitterbahn water parks in Texas in an all-cash transaction, and has reserved the right to acquire a shuttered Kansas City water park.
June 10, 2019
How To Get Multiple Bites of the Apple
R. Louis Schneeberger, who has played a lead role in more than 100 acquisitions and the sale of more than 30 companies, looks at key considerations for how to sell your company multiple times.
June 10, 2019
TPC Wire & Cable buys EZ Form Cable
The acquisition is intended to strengthen TPC’s position as a diversified supplier of high-performance wire and cable solutions to specialized, high-cost-of-failure environments.
June 7, 2019
Drips Ponders Best Path To Continued Growth, Liquidity
Co-founder and CEO A.C. Evans talks about lessons learned building a business without outside investors, and why it may be time to change that approach.
June 4, 2019
Multifamily Real Estate Assets Prove Lucrative for Citymark Capital
The real estate investor is realizing healthy returns for investors from its platform that invests in value-add apartments with operating partners.
May 31, 2019
Hyland's acquisition strategy fuels march to $1B in sales
CEO Bill Priemer and M&A chief Justin Torkelson talk about the software company’s acquisition strategy and the role dealmaking has played in putting Hyland on the cusp of being a $1 billion business.
May 29, 2019
CapitalWorks takes majority stake in Libra Industries
As a leading EMS contract manufacturer serving the medical, aerospace and defense and industrial markets, Libra will complement fellow contract manufacturer GEMCITY Engineering and Manufacturing, a 2017 CapitalWorks investment.
May 29, 2019
Super C Group buys 190 salons from Regis
The salons being sold and refranchised are currently branded as Famous Hair, Best Cuts, Fiesta Salons, First Choice Haircutters and BoRics Hair Care. They will be converted to Supercuts and Cost Cutters over the next several months.
May 28, 2019
In Business It’s Hard To Keep A Secret — A Complete Secret
When exploring the sale of your company, is it better to “deny, deny, deny” or employ a “don’t tell, don’t ask” policy?
May 24, 2019
Chris McKenna: How to get the most value from selling your business
The Carleton McKenna managing partner talks about pre-transaction strategy and how it can lead to a more lucrative exit for the seller.
May 21, 2019
Ancora’s Brian Hopkins: Relationships Fuel Dealmaking Activity
The Ancora managing director talks about the role relationship-building plays in his dealmaking activity and the value of maintaining discipline.
May 17, 2019
Blue Olive’s Ed Weinfurtner takes hands-on approach to investing
Ed Weinfurtner is a dealmaker who likes to get his hands dirty. If the company is being marketed for sale or has a book that pitches the acquisition opportunity, he’s not interested. “I’m trying to find a diamond in the rough,” he says.
May 15, 2019
How to plan a successful recapitalization strategy
Recapitalization — the process of changing a company’s capital structure through the issuance of new debt or equity securities — is a popular way to fund acquisitions, growth strategies, partner
May 14, 2019
Industrial Commercial Properties buys former Sears distribution center
Cleveland-based Industrial Commercial Properties LLC has acquired a 570,000-square-foot, former Sears distribution center on 42.8 acres, in the Columbus suburb of Groveport. This is ICP's fourth Sears property purchase since 2014.
May 14, 2019
M&A Outlook: Transactions Can Prepare You For Future Change
The speed of change is relentless, and M&A has proved to be an effective means to move quickly to gain competitive advantage or defend against future disrupters.
May 10, 2019
Wisr's Kate Volzer: Networking Makes Anything Possible For Your Startup
Kate Volzer, co-founder and CEO at Wisr, talks about her entrepreneurial journey that began as a student at the University of Chicago.
May 9, 2019
Compass Self Storage acquires 17th unit in Atlanta
Compass Self Storage, a member of the Amsdell family of companies, has acquired a self storage center in Buford, Georgia, which represents the 17th Compass Self Storage location in the Greater Atlanta area and its 89th location nationwide.
May 9, 2019
ASPIRE Dealmakers Conference Photos
The Renaissance Cleveland Hotel was the site of Northeast Ohio biggest CEO-focused dealmakers event on May 2. Check out 100+ photos from the event.
May 7, 2019
MCM's Mark Mansour: Stick To What You Know To Come Out Ahead
Mark Mansour was young, hungry and eager to establish his dealmaking credentials. Mal Mixon was an established entrepreneur who had already built a billion-dollar business at Invacare, but was always
May 3, 2019
Steven Santamaria: Getting To 'No' And Other Startup Secrets
The serial entrepreneur and CEO of Folio Photonics shares lessons learned from the business deals he’s made and explains why starting a business is a lot like going on vacation.
May 3, 2019
Cleveland Must Support Innovators To Drive Growth
If this region’s anchor institutions and large corporations are serious about economic development, they must partner with qualified entrepreneurs that can enable them to create, export and profit from locally developed innovation.
May 1, 2019
Automated Packaging Systems bought for $510 million
The Streetsboro-based manufacturer of flexible bag packaging systems is being acquired by Sealed Air for $510 million on a cash and debt free basis.
April 30, 2019
In Raising Capital, Who Invests Is As Important As How Big The Check Is
The serial entrepreneur and CEO of SPR Therapeutics talks about her process for raising capital, as well as the role non-dilutive capital has played in her fundraising formula.
April 25, 2019
JumpStart's Cathy Belk: Plan Your Exit Before You Start Your Business
You can’t start a business these days without planning your way out.For early-stage entrepreneurs, thinking about a potential exit from the business starts before the company is even launched.“Many of
April 23, 2019
TalentLaunch's Aaron Grossman eyes $1B business via acquisitions
The CEO talks about the role process and discipline will play in reaching the ambitious goal he has set for his growing stable of staffing firms.
April 19, 2019
Foundation’s David Wood: Understanding Seller’s Needs Drives Better Deals
Foundation Investment Partners' David Wood talks about making smart acquisitions and the discerning approach he takes to dealmaking.
April 18, 2019
Ancora's DiSanto will keep pushing for change at J. Alexander’s
Ancora will continue pushing for change at J. Alexander's after the restaurant chain rejected the investor's takeover bid.
April 18, 2019
How valuation plays a critical role in dealmaking
Valuation work is never a one-size-fits-all proposition. It can be both quite varied and necessary for different business procedures.
April 16, 2019
Capital-raising tips from a CEO who bagged $9 million in 90 days
XaTek CEO John Zak shares his approach to raising capital and the advantage of doing it all at once.
April 15, 2019
Aurora Plastics acquires Elastocon
Aurora Plastics has acquired compounder Elastocon TPE Technologies, expanding its product line and bringing broader TPE compounding capabilities to its portfolio.
April 12, 2019
NEO bioscience companies landed $294M in 2018
Dealmaking is hot in Northeast Ohio’s biomedical community, with 71 regional companies receiving $294 million in funding in 2018. BioEnterprise’s Aram Nerpouni explains how this dealmaking trend could become the “new normal.”
April 12, 2019
Moreno all in on blockchain after selling 7 more dealerships
Bernie Moreno sold seven car dealership franchises last week, reinforcing his commitment to make Cleveland a central hub for blockchain technology.
April 10, 2019
Acquisition strategy: Have discipline, retain talent and avoid dishonest negotiators
Investor Lee Zapis shares tips for making better acquisitions, lessons learned from mistakes and the evolving role of culture in the dealmaking process.
April 5, 2019
Ray Dalton: Good opportunity doesn’t always mean good fit
Focus drives results and results attract buyers, says A. Ray Dalton. This week, Ray discusses his approach to identifying the right investment opportunity and the importance of finding ways for your team to win in the dealmaking process.
April 3, 2019
FNB’s Boyd Pethel: How to invest with a flat yield curve, low interest rates
The economy may be slowing, but there’s good news for investors who are worried about rising interest rates, says First National Bank’s Boyd Pethel.
April 2, 2019
Park Place now largest TPM in Europe with MCSA buy
Park Place Technologies has acquired MCSA Group Limited, a UK-based business-critical IT services and solutions provider, snagging all of MCSA's business to become the largest third-party maintenance provider in Europe.
April 2, 2019
Norton Industries acquired by CertainTeed
This acquisition of the maker of wood ceiling and wall designs is intended to add to Malvern, Pa.-based CertainTeed's innovation capabilities and increase its presence in the high-growth architectural specialties ceilings market.
April 2, 2019
Preformed Line Products to acquire MICOS TELCOM
Preformed Line Products is set to acquire MICOS TELCOM s.r.o., as it positions itself to support emerging industry technologies like 5G, network densification, and metro fiber rings.
April 1, 2019
Lincoln Electric buys Baker Industries
Lincoln Electric Holdings Inc. has acquired Baker Industries Inc., a privately held provider of custom tooling, parts and fixtures primarily serving automotive and aerospace markets.
April 1, 2019
Timken acquires Diamond Chain Co.
The Timken Co. has acquired The Diamond Chain Co. from Amsted Industries. With the acquisition, Timken's power transmission portfolio now accounts for roughly one-third of its revenues.
April 1, 2019
MGM completes Northfield Park acquisition
Following the $275 million transaction, MGM Resorts has rebranded the property as MGM Northfield Park.
April 1, 2019
First impressions matter when studying acquisition opportunities
The key to a successful acquisition is a well-planned, successful transition, achieved by working with the key customers, employees and suppliers to ensure that sales and operations continue smoothly.
March 29, 2019
Nordson's Anne Pombier: Creating value through acquisitions
Before joining Nordson, Anne Pombier led or participated in more than 100 transactions ranging from $500,000 to more than $1 billion in size. Now she helps identify and pursue M&A targets that can create value for Nordson on a global basis.
March 28, 2019
4 reasons you need an M&A lawyer
Whether you’re a buyer or a seller, dealmaking involves sharing some of your company’s most confidential information with the other side. Ulmer & Berne’s Howard Groedel explains how experienced legal counsel can guide you through the M&A process.
March 28, 2019
EmployStream gets $3.5 Series A bump
EmployStream has closed a $3.5 million Series A funding round that it will use to expand its product development, marketing and sales efforts as it looks to increase its footprint in the staffing industry.
March 26, 2019
Investors press change at Bed, Bath & Beyond
Bed, Bath and Beyond is fending off a group of activist investors, concluding Cleveland's Ancora Advisors, demanding significant changes, including replacing both its CEO and its entire board.
March 22, 2019
Driving foreign investment in Northeast Ohio: What’s next for EB-5?
The immigration/investment program that brought more than $250 million to Northeast Ohio to finance real estate projects faces an uncertain future,
March 21, 2019
BGL oversees Miller Environmental Group sale to PE firm
Brown Gibbons Lang & Co.'s Environmental & Industrial Services team served as the exclusive financial adviser in the sale of Miller Environmental Group Inc. to GenNx360 Capital Partners.
March 21, 2019
Huntington Tower is on the block
Akron’s tallest building is officially for sale. Huntington Tower, the home of Huntington Bank and 1,200 of its employees, has no asking price yet.
March 21, 2019
In deal communications, play offense
The smoothest deals have one common denominator. They are driven by a thoughtful, reasoned approach to cohesive communication that will resonate with all those touched by the transaction.
March 20, 2019
Lubrizol expands natural, botanical offerings with acquisition of French supplier
The Lubrizol Corp. has acquired Laboratoire Phenobio, a French supplier of naturally-derived extracts and botanical active ingredients.
March 19, 2019
ACP-backed Pleatco buys APEL, Milton to expand air filtration services
Align Capital Partners portfolio company Pleatco Filtration has expanded into the industrial air filtration market with the acquisitions of APEL International and Milton Manufacturing.
March 19, 2019
MC Group continues aggressive growth strategy, acquires Coastal Signage + Wayfinding
MC Group has closed its second acquisition in just over year, announcing it has purchased Coastal Signage + Wayfinding, a full-service solutions provider based in Oceanside, California.
March 15, 2019
How to plan for a liquidity event
Whether you’re thinking about a liquidity event before you’ve launched your company, or the thought comes much later, there’s a lot to consider before you cash out.
March 15, 2019
Venture for America taps Cleveland for accelerator
Venture for America has selected Cleveland to host its national business accelerator targeting entrepreneurs that are recent college graduates, netting out competing proposals from Columbus and
March 15, 2019
Case licensee NervGen Pharma raises $7.5M in IPO
The Vancouver-based company, which has licensed regenerative medicine technology from Case Western Reserve University, said it plans to raise another $500,000 in a private placement.
March 14, 2019
TransDigm wraps up $4B Esterline deal
TransDigm Group Inc. has completed the acquisition of Esterline Technologies Corp., a specialized manufacturer serving the global aerospace and defense industries.
March 12, 2019
RPM’s Jim Karman: Skip the drama and avoid turnarounds
Retired RPM International COO Jim Karman reflects on the fateful deal that convinced him to steer clear of turnaround acquisitions and shares lessons learned from his dealmaking career.
March 11, 2019
Enesco completes acquisition of Things Remembered
Giftware seller and distributor Enesco LLC has completed its acquisition of Things Remembered Inc., preserving 176 stores and 1,400 jobs while expanding the company's offerings.
March 11, 2019
Preformed Line Products buys Austrian SubCon Electrical Fittings
Preformed Line Products Co., a manufacturer of energy and communications infrastructure, has acquired SubCon Electrical Fittings GmbH, an Austrian manufacturer of substation connector systems and electrical accessory hardware.
March 8, 2019
UH Ventures seeks every opportunity for innovation
Through UH Ventures, University Hospitals Health System hopes it can become a powerful force to enable the next generation of health care.
March 7, 2019
vitalxchange's Charu Ramanathan: survival skills trump MBA thinking
The co-founder and CEO at vitalxchange talks about the value of following your instincts and the real skills entrepreneurs need to succeed.
March 6, 2019
McGowan Cos. acquires, rebrands Edgewater Holdings
The McGowan Cos. has purchased the assets of another insurance underwriter, Edgewater Holdings Ltd., in a move McGowan President and CEO Thomas B. McGowan IV said will further the company’s national growth strategy.
March 5, 2019
Beachwood’s NeverBounce acquired by B2B intelligence platform DiscoverOrg
Beachwood, Ohio-based email verification company NeverBounce is being acquired by DiscoverOrg, a B2B marketing intelligence firm based in Vancouver. The deal will help DiscoverOrg enhance its existing sales and marketing services and solutions for B2B companies.
March 5, 2019
Are you a futurist?
Riverside Co-CEO Stewart Kohl explains why it’s imperative for CEOs to be futurists if they want to ensure the success of their businesses.
March 5, 2019
Resilience Capital Partners sells Thermal Solutions Manufacturing
Private equity firm Resilience Capital Partners has sold Thermal Solutions Manufacturing, a provider of automotive heating and cooling products, to Altus Capital Partners Inc., an investment firm focused on the North American manufacturing sector.
March 5, 2019
MPE Partners acquires Syracuse Plastics of North Carolina
MPE Partners, a Cleveland-based private equity firm, has acquired Syracuse Plastics of North Carolina Inc. for its portfolio company, Plastic Components Inc.
March 4, 2019
Riverside Co. adds ADA Solutions to SureWerx safety portfolio
The Riverside Co. has acquired ADA Solutions, a developer and distributor of safety products and solutions for the visually impaired, as an add-on to its SureWerx portfolio company, a supplier of professional safety products, tools and equipment.
March 1, 2019
Michael Canty: How to navigate the tricky waters of turnaround investing
Turnaround maven Michael Canty offers his tips for investing in troubled companies and shares the strategy that got Alloy Bellows & Precision Welding back on its feet.
March 1, 2019
Eaton to spin off lighting business
Move will create a separate public company with $1.7 billion in sales to commercial, industrial, residential and municipal markets.
February 25, 2019
Understand the risk profile of your target company
Oswald's Jeff Schwab explains how he helps clients identify and forecast risks in their deals — and why it’s worth the effort.
February 20, 2019
M&A Outlook: Making moves in a seller's market
Western Reserve Partners' Dave Dunstan shares key takeaways from Citizens Commercial Banking's eighth-annual Middle Market M&A Outlook.
February 19, 2019
Report: Consolidated Precision Products on the block for $2B
Local Deals Cleveland
February 19, 2019
Compass Self Storage nabs another Florida location
The Alachua site is now the 18th Compass Self Storage location in Florida and the company's 87th location nationwide.
February 19, 2019
Seeking a buyer?
5 metrics that buyers will ask about, and the ways you can leverage them to create a more attractive acquisition target.
February 18, 2019
Riverside invests in 300-year-old rum producer
The PE firm has made a significant investment in E&A Scheer, the largest global blender and vendor of premium rum in bulk.
February 18, 2019
Market Garden's Sam McNulty
Sam McNulty talks about his approach to dealmaking, the value of strong partnerships and his keys to success.
February 15, 2019
How Lincoln Electric picks its deals
Last year, Lincoln earned a 20.7 percent return on invested capital – up 4.5 points from 2017. CFO Vince Petrella shares how the manufacturer approaches acquisitions to drive continued earnings growth.
February 14, 2019
Be decisive with your time, money and expertise
R. Louis Schneeberger and other top dealmakers share their advice for navigating negotiations to a successful outcome.
February 12, 2019
MediQuant agrees to buy HeF Solutions
Brecksville-based MediQuant, a provider of enterprise active archiving solutions to hospitals and health systems, is acquiring Illinois-based HeF Solutions. The deal follows by a day the announcement of MediQuant's acquisition of DataEmerge of Columbus.
February 11, 2019
MediQuant to acquire DataEmerge
MediQuant, a provider of archiving solutions to hospitals and health systems, is acquiring the data extraction company DataEmerge.“This merger is an opportunity for both MediQuant and DataEmerge to
February 8, 2019
Davey Tree buys Houston's Landscape Management Services
The Davey Tree Expert Co. is acquiring assets of LMS Inc. (Landscape Management Services), a Houston-based commercial landscape management company.“LMS brings a talented team of professionals, and we
February 7, 2019
TruWest Cos.: Innovators wanted
Matt Kennedy and Wendy Jarchow explain how TruWest Cos. and River SaaS Capital identify promising investment opportunities and position them for growth. “We’re looking for industries that are ripe for innovation,” Jarchow says.
February 6, 2019
Compass Self Storage adds third location in greater Pittsburgh
Compass Self Storage, a member of the Amsdell family of companies, has acquired a new self-storage center at 5301 N. Pioneer Road in Gibsonia, Pennsylvania, just north of Pittsburgh.
February 6, 2019
Things Remembered sells to Enesco, files bankruptcy
Things Remembered is selling most of its business to Enesco, an Illinois-based giftware, home décor and accessories distribution company. To facilitate the sale, the company filed voluntary petitions under Chapter 11, seeking bankruptcy court approval for a severance and outplacement program to support impacted employees and incentives for store employees.
February 5, 2019
You can’t fake passion
Passion is an authentic emotion. That’s why it’s the first trait Pete Martin looks for in Votem Corp. employees. Martin talks about building on market opportunities, the role of resilience and going all in on your vision.
February 4, 2019
No business is perfect
Every business has problems, and it is well-nigh impossible to keep them secret. Wise sellers frame how the problems will be disclosed. Managing this disclosure maintains credibility, while not making the problems seem bigger than they really are.
January 31, 2019
Riverside adds Australian firm to Hiway platform
The Riverside Company bought WA Profiling and Stabilising, a Perth, Australia-based provider of road stabilization and profiling services. The company will be iadded to Riverside’s Hiway Group,
January 30, 2019
Sweat the details
Howard L. Lewis isn’t usually a micromanager. But that changed when he prepared to sell his business.“You can’t be a bystander or a passive viewer of this transaction,” says Lewis, founder and
January 30, 2019
Embrace fear and uncertainty
If there’s not something wrong with the business you’re investing in, you’re probably paying too much, says Umberto P. Fedeli.“You take a great company, great quality and great growth, but the value
January 28, 2019
Weiss family selling American Greetings HQ
The Weiss family reportedly has put American Greetings Corp.’s global corporate headquarters in Westlake’s Crocker Park on the market, roughly a year after selling a majority stake in their family business to PE.
January 24, 2019
Adam Kaufman
Last year, Adam Kaufman studied an estimated 500 early-stage companies to assess their long-term viability. Helping startups refine their message and pursue their goals brings the entrepreneur great
January 24, 2019
Elements of an effective M&A strategy
John Ensign doesn’t have much downtime. But that comes with the job at MRI Software.Since he joined the real estate software solutions provider in 2010, MRI has made more than 20 acquisitions,
January 24, 2019
Don’t back down
When Jayne Juvan attended her first board meeting as an M&A lawyer, she was the only woman in the room. Despite the challenging gender dynamics, she stayed the course and pursued her passion for dealmaking. In her insider column, Jayne offers strategies to help break down barriers.
January 24, 2019
FirstEnergy Solutions gets new lease on life
FirstEnergy Solutions has staved off oblivion for now with a restructuring deal that will allow it to emerge from Chapter 11 bankruptcy.
January 17, 2019
Provariant’s Murad Beg
Provariant's Murad Beg talks about how he stays objective to make the right deals for his clients.
January 17, 2019
JumpStart’s Jerry Frantz
JumpStart’s Jerry Frantz knows he’s in a risky business. “Any way you cut it, deploying capital into young companies is an inherently risky proposition,” he says. Frantz talks about the role of early-stage capital in economic health and managing risk as a startup investor.
January 15, 2019
Business Pulse – January 2019
Add-on acquisitions continue to increase as an overall percentage of M&A buyouts. Strategic buyers remain active and able to pursue add-on acquisitions. Private equity is also making more add-on acquisitions.
January 10, 2019
CVS buys Ritzman Pharmacies, closes all but three sites
Ritzman Pharmacies is selling all of its 20 Northeast Ohio retail pharmacies to CVS Pharmacy, which will close all but three of the stores.
January 10, 2019
MRI Software acquires background screening business
MRI Software LLC has acquired Minnesota-based Rental History Reports and Trusted Employees, a provider of cloud-based applicant screening platforms.
January 9, 2019
Flashstarts' Charles Stack
Entrepreneur and early-stage investor Charles Stack talks with Smart Business Dealmakers about the role of confidence in dealmaking and how changemakers can use it to spark investment in Cleveland.
January 8, 2019
Do you need reps and warranties insurance?
A way to reduce or eliminate deal escrow -- and keep more of the purchase price -- is representation and warranty insurance. BakerHostetler Partner Pete Van Euwen takes a look at the topic in this Insider column.
January 8, 2019
Riverside-backed HSI adds EMS Safety Services
Health and Safety Institute, backed by Riverside Co., has acquired EMS Safety Services Inc, a California-based provider of first aid and CPR training solutions.
January 3, 2019
StartInCLE’s Ed Buchholz
Ed Buchholz about some of the challenges faced by Cleveland’s startup community and how the region can attract and empower quality startups.
December 28, 2018
2019: Feeling the pressure
Private equity firms and public companies have a stash of cash – and it’s time to do something with it. In our Dealmakers Look Ahead, we talk with local dealmaking experts about what to expect in 2019.
December 28, 2018
Next Sparc’s Len Pagon Jr.
Len Pagon talks about his approach to making the right moves at the negotiating table.
December 28, 2018
Congratulations!
You’ve gone where few have gone before you and reached that pot of gold at the end of the entrepreneurial rainbow. What now?
December 19, 2018
2018: Has the market peaked?
In our Dealmakers Year in Review, Mansour, Manna and other M&A experts weigh in on the past year in dealmaking — including lessons learned, trends to watch and the biggest under-the-radar deals of 2018.
December 19, 2018
FALCON's Rob Huxtable
FALCON Managing Partner Rob Huxtable talks about his tips for finding leaders who can thrive under pressure, rise to a challenge and help PE firms maximize their investments.
December 19, 2018
Business Pulse – December 2018
MelCap Partners' Matt Roberts looks at next year: "As we look toward 2019 deal activity, we believe the prepared will win."
December 13, 2018
Ranpak sells for $950M; going public
The Concord Township-based packaging products company is being bought for $950 million by One Madison Corp., a special purpose acquisition company.
December 12, 2018
Legacy Capital’s David St. Pierre
As a 20-year veteran of real estate investing, David St. Pierre knows the best way to sell investors on a new opportunity: Don’t.
December 12, 2018
LeafFilter’s Matt Kaulig
LeafFilter founder Matt Kaulig explains how to show your value to potential investors and position your company for a sale.
December 12, 2018
Bring it home
When you have the right team in place to make a deal, everything else tends to work itself out.
December 7, 2018
Flashstarts launches early-stage blockchain fund
Charles Stack’s Flashstarts business accelerator is creating a $6 million, pre-seed investment fund for blockchain-based startups.
December 7, 2018
TravelCenters sells convenience stores
TravelCenters of America has completed the $330.8 million sale of its convenience store business.
December 7, 2018
Compass Self Storage adds 16th Atlanta center
The acquisition gives Compass Self Storage 16 locations in the greater Atlanta market, and 85 total storage centers nationwide.
December 6, 2018
Kelsheimer, Ferkovic join forces at Medic Management
A look at the approach Jerry Kelsheimer and Tom Ferkovic used to negotiate the purchase of Medic Management Group, and what’s next for the business.
December 6, 2018
North Coast Angel Fund’s Todd Federman
The angel investor talks about common mistakes entrepreneurs need to avoid to beat the odds and monetize their ideas.
November 30, 2018
Radhika Reddy
Radhika Reddy and her partners have worked on more than $2 billion of public-private finance transactions across the United States. We talk with her about the complexity of real estate investing.
November 30, 2018
TownHall’s Bobby George
Bobby George consults his list of dealmaking principles on a weekly basis – and uses them to inform his decisions. He talks with us about how he evaluates acquisitions to seize opportunity when it strikes.
November 30, 2018
Learn from your mistakes
Growing your business through acquisition is a highly complex process. One misstep can cost you everything. Our team recently managed through a significant oversight that almost forced us to shut down operations.
November 20, 2018
Mac Biggar Jr.
Master dealmaker Mac Biggar talks about challenges and opportunities in today’s commercial real estate space.
November 20, 2018
TechGrit’s Anthony Margida
Anthony Margida talks about key differences between business accelerators in Ohio and Silicon Valley and his thoughts on speeding up the flow of funding for startups.
November 20, 2018
Business Pulse – November 2018
Roughly 50 percent of the deals tracked in Northeast Ohio during October involved acquisitions or exits by private equity groups.
November 16, 2018
BGL’s Andrew Petryk
Investment banker Andrew Petryk shares his thoughts and observations about how best to prepare for the M&A process and maximize the result.
November 16, 2018
Lou Schneeberger's advice to first-time buyers
The master dealmaker talks about the best approach to beginning a deal negotiation and key items that experienced dealmakers know to check off their list when making a transaction.
November 16, 2018
Reading people is critical to acquisitions
Greg Skoda examines the risk of not fully exploring the wants and needs of the seller when pursuing an acquisition.
November 16, 2018
Negotiated deals
Resilience Capital Partners' Bassem Mansour offers five reasons why a negotiated deal can make sense for companies looking to sell themselves.
November 9, 2018
Explorys co-founder Charlie Lougheed
Charlie Lougheed looks at the importance of clarity, the value of embracing opportunity and why a great idea alone isn’t enough to capture the excitement of potential investors.
November 8, 2018
Blue Point Capital's Jim Marra
BluePoint's Jim Marra about the challenge of competing in today’s private equity market and the best strategy to minimize risk with your investments.
November 2, 2018
Mark A. Filippell
Mark Filippell talks about important points to consider before you put your company on the market and a pivotal moment for M&A advisory firm Western Reserve Partners.
November 2, 2018
LaunchHouse’s Todd Goldstein
LaunchHouse' s Todd Goldstein talks about the evolution of Cleveland’s entrepreneurial community and the value of looking at a deal from different points of view.
November 2, 2018
Carveout transactions
Scott Becker has been involved with his fair share of acquisitions. And while all come with a level of complexity, a carveout can be the most challenging.
October 26, 2018
Douglas J. Sibila
Peoples Services CEO Doug Sibila talks about his methodical approach to dealmaking and the role networking plays in his company’s M&A strategy.
October 26, 2018
Buckingham, Doolittle and Burroughs' Michael A. Ellis
Attorney Michael Ellis talks about when noncompete agreements come into play and how to avoid a prolonged legal confrontation.
October 26, 2018
Business Pulse – October 2018
In an optimistic economy that seems to churn out favorable economic indicators on a weekly basis, the continued decline in deal activity on the local and national level may seem startling.
October 19, 2018
Jon J. Pinney
KJK Managing Partner Jon Pinney talks about the need for speed in closing transactions, his passion for learning and the role Blockland can play in facilitating more business activity going forward.
October 19, 2018
Chas Withers: Build a strong, consistent narrative for your deal
The Dix & Eaton CEO talks about how to tell a consistent narrative that ties together everyone's interests and conveys the value being created.
October 19, 2018
Set yourself up to win
Being an entrepreneur is a ballsy endeavor. A deep belief in yourself and what you are doing is required for being successful.
October 12, 2018
Richard R. Hollington III
CapitalWorks CEO Dick Hollington talks about the role preparation plays in developing an effective acquisition strategy and what private equity firms do to make sure they stay on top of their game.
October 12, 2018
MRI's John Ensign on strategy, due diligence and 10,000 rats
John Ensign talks about his acquisition strategy and the importance of making in-person visits to potential acquisition targets.
October 12, 2018
Align Capital Partners’ Chris Jones and Steve Dyke
Jones and Dyke talk about their approach to helping companies maximize their growth potential and their view on the economy heading into 2019.
October 5, 2018
Baiju R. Shah
BioMotiv CEO Baiju Shah talks about his approach to building a team that can get deals done and the opportunity that health care innovation presents to other industries.
October 5, 2018
Thogus' Matt Hlavin: Why I take dealmaking slow and steady
The CEO talks about the drive he had to become more entrepreneurial and factors that have kept him from being more active on the deal scene.
October 5, 2018
The unwritten rules of M&A
Retired RPM President Jim Karman shares the “unwritten rules” that defined the acquisition negotiation and preparation strategy he used for his family-owned furniture manufacturer.
September 28, 2018
Tony Ciepiel
Step2Discovery CEO Tony Ciepiel talks about his strategic approach to dealmaking and the importance of reaching beyond M&A as a means of completing deals that can benefit your business.
September 28, 2018
Tom Chema: Getting Gateway done and the value of taking risks
Tom Chema played a lead role in overseeing the public/private partnership that brought downtown Cleveland a new ballpark for the Indians and an arena for the Cavaliers.
September 28, 2018
Austin Capital Partners' Darrell Austin
Darrell Austin talks about the effect that rising purchase prices have had on M&A players who used to be a lot busier.
September 19, 2018
Paul Smucker Wagstaff
Paul Smucker Wagstaff shares his dealmaking strategy, the role that his team plays in M&A transactions and some key lessons he learned from his time at J.M. Smucker.
September 19, 2018
Steve McHale on flawed deals and knowing when to pivot
Steve McHale shares his thoughts on deals he has made and the approach that leaders take when things don’t go according to plan.
September 19, 2018
Business Pulse – September 2018
For the Northeast Ohio market, August was filled with deal activity by local private equity and corporate buyers.
September 14, 2018
MTD sells 20 percent stake to Black & Decker, leaves door open for more
Cleveland
September 14, 2018
Dan T. Moore III
Dan Moore reflects on his career in business, his skill as an innovator and how dealmaking has helped bring it all together.
September 14, 2018
Team NEO’s Bill Koehler
Bill Koehler talks about one of the most gratifying moments of his dealmaking career and the value that a formal M&A strategy can bring to your business.
September 14, 2018
EY’s Chris Smyth
We catch up with EY's Chris Smyth to talk about his principles of effective dealmaking.
September 7, 2018
Sam Petros
Real estate developer Sam Petros talks about his approach to making deals happen and a pivotal moment when he was 14 that shaped his career.
September 7, 2018
Cascade Partners’ Ken Marblestone
Ken Marblestone explains why he’s always concerned about something and why there are times when you should not take the advice of your financial adviser.
September 7, 2018
Don’t be caught unprepared
4 ways to improve the sale process and achieve the highest possible price in the transaction.
August 31, 2018
Jon W. Park
Westfield Bank's CEO talks about how to build an effective M&A strategy and common pain points that arise when looking to make a deal.
August 31, 2018
Signet's Tony Manna: Why I'm always ready for a deal
Tony Manna talks about his readiness to examine deals and some great advice he got in his youth from Worthington Industries founder John McConnell.
August 31, 2018
Beth Haas
Cyprium Partners' Beth Haas shares her thoughts on how to find the right vehicle to obtain the necessary capital for your business and how to work through any anxiety you may have over working with an outside firm.
August 24, 2018
Ron Weinberg
Ron Weinberg talks about the origins of today’s active private equity market and his hands-on approach to creating opportunities that lead to profitable deals.
August 24, 2018
Independence Excavating's Victor DiGeronimo Jr.
Vic DiGeronimo talks about taking risks and his key to finding happiness when making a deal.
August 24, 2018
Business Pulse – August 2018
July continued many of the M&A trends that we’ve seen over the first half of 2018.
August 17, 2018
Mitchell Schneider
Mitchell Schneider about the role his team has played in transforming Northeast Ohio’s retail culture, his own evolution as a dealmaker and a valuable piece of strategy he uses to close a deal.
August 17, 2018
McCarthy Lebit’s Kenneth B. Liffman
Ken Liffman about the difficulties that often arise when you’re looking to sell your business and three critical questions that can help inform your decision.
August 17, 2018
JPMorgan Chase’s Rudy Bentlage
Rudy Bentlage explains the value of transparency in M&A activity and talks about how to know when it’s the right to time to consider selling your business.
August 10, 2018
SCA has its eye on $300M
Christopher Valerian talks about Sweeping Corp. of America's acquisition strategy and the key steps his team followed to execute on aggressive growth goals.
August 10, 2018
Michael Siegal: How I approach acquisition targets
The Olympic Steel CEO talks about being a chameleon, assessing culture and spending your time well.
August 10, 2018
Create a viable plan
Jeremy Eberlein, managing director of investment banking, offers four steps to creating a viable plan.
August 3, 2018
Fred Nance
The global managing partner at Squire Patton Boggs talks about the craft of dealmaking and shares the lessons he has learned to get things done under difficult circumstances.
August 3, 2018
Flashstarts’ Charles Stack
How poker shaped his approach to dealmaking, the problem with risk in Cleveland’s investor community and the one thing entrepreneurs get totally wrong when making a pitch to potential investors.
August 3, 2018
Evolution Capital Partners’ Jeffrey Kadlic
Jeffrey Kadlic about what could be done to open up private equity investment to more people, the common pain points he sees in the M&A process and one of his most memorable deals.
July 27, 2018
Risk International 'buys' a partner
Chairman Dave O’Brien takes us inside his approach to searching for investors and explains how he was able to execute the process seamlessly.
July 27, 2018
Stewart Kohl
The co-CEO of The Riverside Co. talks about how he got his start and mentors who guided him early in his career.
July 27, 2018
Broken deals can create real hardship
Think twice and understand all the ramifications before you commit to taking a seat at the negotiating table.
July 19, 2018
Citymark Capital’s Daniel Walsh
Dan Walsh talks about his approach to crafting a deal, lessons learned about minimizing mistakes and what Cleveland needs to do to generate more liquidity.
July 19, 2018
Howard W. “Hoby” Hanna IV
Hoby Hanna talks about what drove two pivotal transactions for his real estate company, the value he places on market share and his perspective on turnarounds.
July 19, 2018
Calfee’s Brent Pietrafese
The dealmaking attorney talks about recent trends in dealmaking and how to avoid legal headaches when involved in M&A activity.
July 13, 2018
XaTek raises $9M in under 90 days
John Zak talks about his work, his team and his ambitious strategy to take this project across the finish line.
July 13, 2018
Ancora’s Fred DiSanto
Fred DiSanto talks about his approach to dealmaking, his willingness to take risk and his partnership with Carl Grassi.
July 13, 2018
Business Pulse – July 2018
Despite lower middle-market deal volume, which is primarily the result of a scarcity of quality assets, the current M&A market is expected to remain favorable to sellers.
July 6, 2018
Len Pagon Jr.
Len Pagon talks about how he recovered and got a deal done to sell Brulant to Rosetta and the many twists and turns that come with being a successful dealmaker.
July 6, 2018
PWC Group’s Ansir Junaid
Ansir Junaid talks about principles of dealmaking strategy and how two trips led to pivotal business deals that made his business what it is today.
July 6, 2018
Mazzella Cos.’ Tony Mazzella
Tony Mazzella talks about the fresh approach he brings to each new deal and the effort he undertook to bring a stronger dealmaking mindset to his family’s business.
June 28, 2018
Mezu: New venture, old friends
How Yuval Brisker leveraged his success and relationships at TOA Technologies to raise $10 million and get Mezu up and running.
June 28, 2018
First National Bank’s Boyd Pethel
Boyd Pethel talks about why companies seek outside capital, the tools banks provide to help in this process and what Cleveland needs to do to take the next step in its own evolution.
June 28, 2018
How to create value when you sell
Each owner typically sells their business only once. The right advisers manage transactions every day. Use them.
June 22, 2018
On the green
Master dealmaker Monte Ahuja talks about his plans to remake his newly acquired golf properties and the role golf has played in his success as a dealmaker.
June 22, 2018
How captive insurance can add value to your deal
Kelly Price about the challenges that business owners face when it comes to negotiating a deal, how captive programs can fit into the mix and what can happen when you sell to a buyer that hasn’t done the proper due diligence.
June 22, 2018
Cyprium Partners’ John Sinnenberg
John Sinnenberg talks about his evolution as a dealmaker and the lessons he’s learned from deals good and bad.
June 15, 2018
Ranpak reportedly on the block
Bloomberg reports that Rhone Capital LLC is considering a sale of the Concord Township company, and it’s working with Goldman Sachs Group Inc. to find a buyer.
June 14, 2018
Michael E. Gibbons
Mike Gibbons talks about selling a business, his perspective on the growth of the international M&A market.
June 14, 2018
Transtar’s Neil Sethi
Transfer CEO Neil Sethi talks about what experience has taught him about the flow of deal activity and the important distinction between markets and micromarkets.
June 14, 2018
Business Pulse — June 2018
In 2018, a noticeable shift in corporate divestiture trends has taken place.
June 8, 2018
Behind the scenes of the Fairmount-Unimin merger
CEO Jennifer Deckard discusses the relationship of the two companies, the factors that finally enabled them to merge and the powerful role that external M&A advisers played.
June 8, 2018
Family Heritage Life Insurance’s Howard Lewis
Howard Lewis about his approach to selling his company, the critical importance of tax planning and the opportunity that exists after you sell your business.
June 8, 2018
IMCD’s John Mastrantoni
John Mastrantoni shares his advice on how to maximize results and minimize surprises by preparing — personally and financially — for the sale of your business.
June 1, 2018
Anthony Manna
Anthony Manna talks about his approach to dealmaking and the team he’s built to vet and often take the lead on potential opportunities.
June 1, 2018
Ganley Auto Group’s Ken Ganley
Ken Ganley talks about the value that experience can bring to dealmaking and his fondness for taking on challenges when making an acquisition.
June 1, 2018
5 rules for dealmaking
A few do’s and don’ts from a dealmaker's own experiences (and mistakes) over the years.
May 25, 2018
Victor DiGeronimo Jr.
Vic DiGeronimo talks about how he got his start in the family business and first began to develop the entrepreneurial and dealmaking skills.
May 25, 2018
Kichler Lighting’s Dave Pamer
Dave Pamer discusses how preparation, delegation and communication can facilitate a smooth transaction.
May 18, 2018
Stewart Kohl
The Riverside Co. co-CEO talks about how curiosity fuels his passion for dealmaking, how he judges the success of a transaction and the factors that determine the ideal amount of a capital to provide a young business.
May 18, 2018
Rakuten OverDrive’s Steve Potash
Steve Potash talks about the challenges he faced launching OverDrive in the pre-digital world of the 1980s and the pros and cons of debt vs. equity investors.
May 17, 2018
Target identification
In the follow-up to his popular first column on how culture shapes his M&A strategy, Alliance Solutions Group founder Aaron Grossman explains how he takes the guesswork out of acquisitions by painstakingly finding the right acquisitions prospects
May 11, 2018
J.W. Sean Dorsey
Master dealmaker Sean Dorsey discusses how the dealmaking business has shifted through the decades and the insights he’s learned along the way.
May 11, 2018
Tucker Ellis’ Jayne Juvan
M&A attorney Jayne E. Juvan talks about what’s driving the increased scrutiny on corporate transactions and the points companies should consider before entering into their next deal negotiation.
May 11, 2018
AdCap Management’s Joel Adelman
Joel Adelman talks about the keys to raising capital, taking risks and doing business in the disaster recovery space.
May 11, 2018
Business Pulse — May 2018
M&A activity for the month of April followed the downward trend that was expected to occur during 2018. Total deal volume decreased 13 percent as compared to April 2017, and decreased 9 percent from March 2018.
May 4, 2018
Stephen J. McHale
Steve McHale about the evolution of Explorys, his altruistic approach to dealmaking and what he’s working on now.
May 4, 2018
How M&A strengthens the entrepreneurial economy
JumpStart's Ray Leach is excited about the potential that exists in Cleveland’s entrepreneurial economy to make huge strides in the years ahead.
May 4, 2018
Attorney Margaret W. Wong
Margaret Wong started her firm in 1978 and it’s only since 2000 that she became more active in dealmaking. She talks about the important deal she made with her godchild and her approach to making acquisitions.
April 27, 2018
Raising startup capital
There are a few things that any entrepreneur considering raising capital needs to think about.
April 27, 2018
RPM's Frank Sullivan
RPM CEO Frank Sullivan talks about his approach to making acquisitions and how he balances M&A with his leadership of the business.
April 27, 2018
Gregory J. Skoda
Master dealmaker Greg Skoda talks about the philosophy of dealmaking, lessons learned creating CBIZ and why it’s so important to listen.
April 27, 2018
Fifth Third Bank’s Joe DiRocco
Joe DiRocco talks about what you should know about your business before you pursue your next M&A transaction.
April 20, 2018
Howard W. “Hoby” Hanna IV
Howard W. “Hoby” Hanna IV talks about negotiating deals with a key competitor, the value of developing an M&A formula and sticking to it, and how he responds to market pressure to keep pursuing more acquisitions.
April 20, 2018
ShurTech Brands’ John Kahl
ShurTech Brands CEO John Kahl talks about the importance of listening and the effort it takes to zero in on the right company to acquire.
April 20, 2018
Developer Scott Wolstein
Former Developers Diversfied CEO Scott Wolstein talks about how to know when to walk away, how to minimize mistakes and why you need a strong team to be an effective dealmaker.
April 13, 2018
What’s your exit strategy?
The top seven questions you should ask yourself before making the decision.
April 13, 2018
Umberto P. Fedeli
Umberto Fedeli is a prolific investor who has bought stock in hundreds, if not thousands of businesses, banks and other organizations over the years. We talk with him about his approach to dealmaking and investing, his read on the M&A sector today and the value of being really good at something.
April 6, 2018
Partners in growth
UroGPO CEO David Coury talks about his company's growth and why it was time to turn to private equity.
April 6, 2018
Transtar’s Monte Ahuja
Transtar's Monte Ahuja talks about the thrill of negotiating, why it’s important to know every detail and why you can’t be afraid to walk away.
April 6, 2018
Compass Self Storage’s Todd Amsdell
Todd Amsdell has relied largely on “good old-fashioned hard work and reputation” to build Amsdell Cos. into one of the premier operators of self-storage centers in the country. We spoke with Amsdell about his company’s unique approach to dealmaking.
March 29, 2018
PwC’s Mark Ross
When Mark Ross isn’t working with George Lucas or helping the NYSE buy Euronext, he’s leading transactions that range up to $10 billion.
March 29, 2018
LeafFilter’s Matt Kaulig
Matt Kaulig talks about the challenges he overcame to position LeafFilter for sale and the passion he has for making deals.
March 29, 2018
Meritech’s Mary Ann Bednar
Fresh off the acquisition of a competitor, Meritech's Mary Ann Bednar and Ken Vanden Haute talk about the importance of patience in dealmaking and the value of securing market share in a competitive business environment.
March 29, 2018
Business Pulse — April 2018
M&A volume remains strong on a historical basis, and average deal value trends continue to show that buyers are willing to pay full value for healthy assets.
March 23, 2018
Sign of the times
Tim Eippert is a man on a mission. Backed by the deep pockets of Bahrain’s Arcapita, the president and CEO of MC Sign Co. plans to triple revenue to $300 million over the next three to five years.
March 23, 2018
Jay Lucarelli: Don’t take on debt if you’re not ready
Jay Lucarelli talks about factors that must be considered when exploring a potential deal, why buying more space now will save you a lot of stress later and more lessons learned from his father.
March 23, 2018
PartsSource’s Philip Settimi
Dr. Philip Settimi about the approach he took to negotiate the sale and why he is more focused on organic growth right now than acquisitions.
March 16, 2018
Rocco Di Lillo
Rocco Di Lillo talks about his approach to dealmaking, the process he follows to learn about the business he’s looking to acquire and why being overly cautious can make it a lot easier to sleep at night.
March 16, 2018
Real estate broker Rico A. Pietro
Rico Pietro talks about the evolution of real estate dealmaking in Cleveland and the role that the Ohio Historic Preservation Tax Credit Program has played in revitalizing downtown properties.
March 16, 2018
Ring Beams President David Levine
David Levine and partner Michael Recker worked 10 years to build a $25 million business. But when their aspirations outgrew their capital, they knew it was time for a deal. In this Q&A, David talks about the complexity of selling and his approach to making it a manageable process.
March 16, 2018
Let them come to you
There are many ways to get on a buyer’s or seller’s radar, but one of the easiest initial steps is to attract attention to what your business is doing or might do in the future. The more unique, the better and the less they initially know, the greater the intrigue.
March 9, 2018
R. Louis Schneeberger
Master dealmaker R. Louis Schneeberger talks about the critical first steps to take when looking to make an acquisition, the importance of understanding your industry and why you need to know who’s on your team before you close a deal.
March 9, 2018
Bobby George: The best dealmakers are the quiet ones
Corporate Management Group President Bobby George about what he needs to see in order to buy a business, the discipline to say no and the respect he has for Cleveland’s top dealmakers.
March 9, 2018
Zapis Capital Group's Lee Zapis
Lee Zapis has invested in more than 20 companies since 2003, but he knows it takes more than capital to build an outstanding business. That’s why Zapis Capital Group prefers to take an active role in its portfolio companies, providing strategic advice and resources.
March 2, 2018
JumpStart's Ray Leach
A critical part of Ray Leach’s role at JumpStart is his ability to ID strong business builders. Just as important, however, is his ability to engage with established business leaders who can help his startups.
March 2, 2018
Laudan Properties' Kevin Weidinger
Kevin Weidinger talks about the steps he follows to either make a good deal or gain the knowledge he needs to walk away from the table and get to work on the next opportunity.
March 2, 2018
How I find great deals
Scott Becker often buys businesses that aren't for sale. The key in initiating these discussions with owners is the opportunity it provides to spell out the strategic benefits available through the business combination.
February 23, 2018
RVshare shifts into overdrive
With $50M in capital and new CEO, the Airbnb of RVs is ready to roll. Joel Clark may be the hottest entrepreneur in Northeast Ohio you’ve never heard of.
February 23, 2018
Exodus Capital's Jerry Kelsheimer
Jerry Kelsheimer talks about his approach to making your business attractive to buyers and the value of viewing your company from the perspective of a shareholder.