Articles -
May 22, 2019
Stonehenge's Peter Davies: How to buy in a peak market
The managing partner of Stonehenge Partners shares his approach to buying with multiples approaching a peak, and how buying strategies have changed in the current environment....
By Jayne Gest
May 21, 2019
Riverside Co. invests in Naturally Slim
The Riverside Co., a global private equity firm, has invested in Naturally Slim of Dallas, Texas, a digital health platform focused on helping participants lose weight and lead healthier lives....
By Adam Burroughs
May 21, 2019
Akron’s Springside Partners to be acquired by Dakota Wealth Management
Both firms have a high percentage of female clients and are known for hiring and developing the best young talent of both genders. The acquisition will allow Dakota to expand its brand in the Midwest....
By Adam Burroughs
May 21, 2019
Folio Photonics closes $8M seed round
The round was led by the early-stage, Cincinnati-based venture firm Refinery Ventures. Cleveland funders Pavey Investments and Capital One Partners also participated in the round....
By Adam Burroughs
May 21, 2019
Shaker International, Montage merge
The new company will work in the area of talent acquisition, embedding predictive intelligence into automated hiring workflows that enable better candidate experiences and “smarter” hiring decisions....
By Adam Burroughs
May 21, 2019
MSA Safety completes Sierra Monitor acquisition
Global safety equipment manufacturer MSA Safety Inc. has completed its acquisition of Sierra Monitor Corp. in an all-cash transaction valued at $33 million. The deal enables MSA to accelerate its strategy to enhance worker safety and accountability....
By Jayne Gest
May 21, 2019
Cancer Treatment Services International sold for $283M
The deal includes the Pittsburgh-based Oncology Solutions division that provides cancer care professional services to health care providers worldwide....
By Jayne Gest
May 21, 2019
Diamond Kinetics swings for the fences with sensor technology
CEO C.J. Handron talks about how he brought Diamond Kinetics from the lab to the ball diamond with the help of Pittsburgh’s early-stage community....
By Jayne Gest
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....
By Mark Scott
May 20, 2019
Zebra Technologies To Acquire Profitect
Profitect uses machine learning and prescriptive analytics to identify opportunities to positively impact sales and margin for leading retail and CPG brands....
By Mark Scott
May 20, 2019
Nationwide, State Auto Labs Invest In Virtual Claims Firm
Snapsheet, a provider of cloud-based insurance claims services, has closed $29 million in Series E funding led by Seattle-based Tola Capital....
By Mark Scott
May 20, 2019
Snapsheet Closes $29M in Series E Funding
The round was led by Seattle-based Tola Capital with participation from new investors Nationwide and State Auto Labs in Columbus and Memphis-based Sedgwick....
By Mark Scott
May 20, 2019
Clinc raises $52 million Series B round to scale AI platform
Ann Arbor, Mich.-based Clinc, which is developing a conversational AI platform, has raised a $52 million Series B, with investments from Drive Capital, Insight Partners, DFJ Growth, Hyde Park Venture...
By Jayne Gest
May 20, 2019
RE2 Robotics gets $3M from Office of Naval Research
RE2 Robotics, a developer of humanlike robotic manipulator arms in Pittsburgh, has received $3 million in funding from the Office of Naval Research to develop a dexterous, underwater robotic hand with tactile feedback....
By Jayne Gest
May 20, 2019
Drive Capital invests in Clinc’s $52M Series B round
Ann Arbor, Mich.-based Clinc announced a $52 million Series B, which netted cash from Drive Capital, Insight Partners, DFJ Growth, Hyde Park Venture Partners and others. This brings Clinc’s total funding to $60 million and will help Clinc scale its conversational AI to new markets....
By Jayne Gest
May 20, 2019
Huron-backed Pueblo Makes Fourth Add-On Acquisition
Huron Capital acquired Pueblo in December 2017 to pursue a buy-and-build strategy in the commercial HVAC market in the southwestern U.S....
By Mark Scott
May 17, 2019
Green Growth Brands raises $45M, closes Nevada deal
In addition to raising the general operating funds, the company completed its $13.4 million acquisition of a Pahrump, Nev., cultivation facility, its second in the state....
By Jayne Gest
May 17, 2019
Signal's Marc Kiven: An entrepreneur's approach to dealmaking
The founder of the groundbreaking digital marketing company talks about what he looks for in an investment opportunity and how he sets the stage for the company’s future....
By Mark Scott
May 17, 2019
Brunswick To Buy Florida-based Freedom Boat Club
Freedom Boat Club is the largest boat club operator and a leading marine franchisor, servicing more than 20,000 members....
By Mark Scott
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....
By Mark Scott
May 17, 2019
NPK Construction Equipment buys Wisconsin manufacturer Genesis Attachments
The Walton Hills-based manufacturer bought the business from New York private equity firm KPS Capital Partners....
By Adam Burroughs
May 16, 2019
Lincoln Electric moves to acquire Askaynak
Lincoln Electric Holdings Inc. is purchasing an additional 49.6 percent interest in Turkish manufacturer Askaynak to advance its regional growth strategy....
By Adam Burroughs
May 16, 2019
Two Akron investment funds merge into $3M fund
Akron Fusion Investment Partners LP I, the largest fund to come out of the Akron region, is merging with the Akron Bioinvestment Fund II, growing the fund to $3 million and bolster its impact....
By Adam Burroughs
May 16, 2019
Ed Wethli: Kiva Han-Crazy Mocha deal took time to brew
A year into the Crazy Mocha acquisition, the benefits of the deal are finally falling into place for the coffee roaster that wanted a growing retail empire....
By Jayne Gest
May 16, 2019
Four real estate firms merge under Howard Hanna umbrella
Kuzneski & Lockard, the leading independent real estate firm in Pennsylvania’s Indiana County, will align with Howard Hanna Real Estate Services. In conjunction with the franchise partnership, Howard Hanna Kuzneski & Lockard simultaneously announced mergers with Chestnut Ridge Realty and Susan Moore Real Estate....
By Jayne Gest
May 16, 2019
Public Finance Resources bought by Forecast5 Analytics
Forecast5 Analytics has signed an agreement to acquire Public Finance Resources, the leading provider of financial forecasting services for Ohio local governments. Forecast5 plans to use the strategic acquisition to serve schools in Ohio and across the nation....
By Jayne Gest
May 16, 2019
Jelmar Adds ESPRO Brand To Cleaning Product Portfolio
Jelmar has added to its household cleaning product portfolio with the acquisition of the ESPRO brand of sports cleaning products....
By Mark Scott
May 16, 2019
JLL Income Property Trust Acquires Suburban Seattle Apartment Community
JLL Income Property Trust paid $81.8 million to acquire Stonemeadow Farms, a 280-unit premier apartment community in Bothell, Wash., a town less than 20 miles from Redmond, Bellevue and Seattle....
By Mark Scott
May 16, 2019
P&M Advises on Sales of Three Michigan Firms to Carlisle
Southfield-based P&M served as the exclusive financial adviser to the acquisition of Hosco Fittings, Classic Precision and Integrated Dispense Solutions in their sale to Carlisle Fluid Technologies...
By Mark Scott
May 16, 2019
PlanetM Awards More Than $440K In Grants To Five Mobility Startups
PlanetM Mobility Grants also provide aid to mobility startups and corporations to test, validate and prove out new technologies on Michigan roadways...
By Mark Scott
May 15, 2019
Online vehicle auction company buys Allegheny County property
Copart Inc., a global online vehicle auction company, has acquired a second location in West Mifflin. This is Copart’s 11th location in Pennsylvania....
By Jayne Gest
May 15, 2019
Cyprium joins deal for Uniloy Blow Molding business
Cyprium Investment Partners is joined by New York’s Osgood Capital Group in the acquisition from Milacron Holdings....
By Adam Burroughs
May 15, 2019
Aurora Shopping Center Orchard Crossing Acquired in $2.9M Deal
Denver-based Baceline Investments has purchased the Aurora shopping center Orchard Crossing in a $2.9 million deal that is part of the company’s value-add Opportunistic Strategy portfolio....
By Mark Scott
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...
By Mark Scott
May 15, 2019
Naperville Shopping Plaza Scooped Up By Cincinnati REIT
Naperville Crossings, a 147,000-square-foot shopping and lifestyle center in the desirable Chicago suburb, is being acquired by Cincinnati-based Phillips Edison & Co. Inc....
By Mark Scott
May 15, 2019
BGL Manages Sale of Eastwood Co. to Kian Capital Partners
The deal is the third e-commerce transaction for BGL’s Consumer Group in the last eight months....
By Mark Scott
May 15, 2019
California Firm Buying Prism Healthcare Partners
Berkeley Research Group has agreed to buy Chicago-based Prism Healthcare Partners and create one of the nation’s largest health care performance improvement consulting firms....
By Mark Scott
May 15, 2019
Ohio State builds momentum for innovation district development
For years, the future of The Ohio State University west campus has been up in the air. That’s changing with the first three buildings planned for an eventual innovation district....
By Jayne Gest
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....
By Jayne Gest
May 14, 2019
Red Mortgage Capital closes $22M rural affordable portfolio
Red Mortgage Capital closed a $22 million joint venture portfolio that will be used to rehabilitate 14 properties in 12 rural Texas communities, preserving the affordability of 556 housing units....
By Jayne Gest
May 14, 2019
Pittsburgh REIT Alpha buys second opportunity zone project
Alpha Capital Partners, a Pittsburgh-based real estate investment and development firm, has acquired University Place in Lafayette, Louisiana. University Place is Alpha’s 10th student housing community and the second of five identified projects in Alpha’s Opportunity Zone Fund....
By Jayne Gest
May 14, 2019
Three Rivers Packaging purchased by The Cary Company
The McKees Rocks company, which initially focused on the sale of new and reconditioned steel drums, has evolved to become the area’s leading IBC re-bottler/reconditioner....
By Jayne Gest
May 14, 2019
Pipeline Angels: Driving change in Detroit’s angel investor community
Kerry Ann Rockquemore and Pipeline Angels bring needed guidance to help young entrepreneurs shape their vision and target markets that offer a better chance for success....
By Mark Scott
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....
By Monte Repasky
May 13, 2019
British retailer to buy Certified Oil convenience stores, gas stations
EG Group will acquire Certified Oil and its 69 convenience stores and gas stations. The transaction will be an important step in building out the U.K.-based company's U.S. strategy....
By Jayne Gest
May 13, 2019
TrueCommerce acquires San Diego’s ecUtopia
Pittsburgh-based TrueCommerce has acquired ecUtopia, a cloud-based supply chain collaboration and visibility platform. The transaction complements TrueCommerce's portfolio and strengthens its commerce network in several market segments....
By Jayne Gest
May 13, 2019
Embattled Bed Bath & Beyond CEO steps down
In the ongoing battle between activist investors, including Cleveland's Ancora, and Bed Bath & Beyond, the retailer's CEO has stepped down and been replaced by board member Mary Winston....
By Adam Burroughs
May 13, 2019
Diebold completes squeeze-out of German unit shareholders
The move, announced in November, streamlines and simplifies the company's corporate structure and eliminates Diebold Nixdorf AG as a separate corporate entity....
By Adam Burroughs
May 13, 2019
DRB Systems acquires Suds Creative
Akron’s DRB Systems, a car wash technology company, is acquiring Suds Creative, a car wash marketing company based in Meridian, Idaho....
By Adam Burroughs
May 13, 2019
M&A Outlook: Steel Service Centers
Industry players are looking for acquisitive growth, targeting value-added processing as a way to enhance margin and better navigate demand volatility, investment bank Brown Gibbons Lang reports....
By Michael Marzec
