Articles -
September 19, 2019
How Blockchain Could Impact Commercial Real Estate Investing
The future of dealmaking, specifically in the commercial real estate market, is in blockchain technology, says Inveniam Capital Partners’ Patrick O’Meara....
By Mark Scott
September 19, 2019
Horizon Global Closes $233M Sale Of Asia-Pacific Business Segment
Horizon Global, a manufacturer of branded towing and trailering equipment, will use the net proceeds to significantly reduce its debt and allow for increased financial flexibility....
By Mark Scott
September 19, 2019
Taubman Centers Completes $300M Sale Of South Korean Shopping Center
Starfield Hanam is the largest Western-style shopping center in South Korea at nearly 1.7 million square feet....
By Mark Scott
September 19, 2019
Frank Lordi On The Ins And Outs Of Selling His Consulting Firm
Founder Frank Lordi discusses the factors that drove him to sell AC Lordi, and offers an inside look at the firm’s acquisition by BDO last May....
By Adam Burroughs
September 19, 2019
Federated tender offer
Federated Premier Municipal Income Fund’s board approved and commenced a voluntary tender offer for up to 100 percent of its outstanding auction market preferred shares....
By Jayne Gest
September 19, 2019
Riverside invests in Blue Moon Estate Sales
Blue Moon will complement existing Riverside platform Best Life Brand’s home care and assisted living placement services....
By Adam Burroughs
September 19, 2019
Shore Capital Partners Completes Recap Of Main Street Gourmet
Shore Capital plans to invest in the business development, sales & marketing, and production infrastructure to further enhance operations and explore opportunities for inorganic growth through acquisitions, as well as organic growth....
By Mark Scott
September 19, 2019
Hub International Buys WhartonHill Advisors
WhartonHill Advisors offers investment management, retirement plan expertise, investment fiduciary services, wealth management, financial and retirement services planning, and specialized executive benefit services....
By Mark Scott
September 19, 2019
Best Life Brands Completes Deal To Buy NC-Based Blue Moon Estate Sales
The deal marks the third brand on Best Life Brands' roster and is part of the parent organization's strategic plan to add complementary companies that serve older adults and people with diverse needs in a more effective and holistic way....
By Mark Scott
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....
By Mark Scott
September 19, 2019
As Gus Gear grows, Sarah Palya eyes taking on investors
Sarah Palya had zero business background when she started Gus Gear. She’s had to learn as she goes, and now she feels her medical device startup is ready to jump to the next level, including possibly taking on investors....
By Jayne Gest
September 18, 2019
Gallagher buys Allied Insurance Brokers
Arthur J. Gallagher & Co. has acquired Pittsburgh-based Allied Insurance Brokers and its subsidiary, Ascinsure Specialty Risk. The Rolling Meadows, Illinois-headquartered global insurance brokerage plans to utilize Allied’s niche expertise in the crane and scaffold industries as a natural addition to Gallagher’s construction practice capabilities....
By Jayne Gest
September 18, 2019
Lineage Logistics Makes Strategic Acquisition In Europe
The acquisition will add more than 10 million cubic feet and more than 300,000 square feet of storage capacity to Lineage’s portfolio after current expansions are completed....
By Mark Scott
September 18, 2019
ADS prices $350M in senior notes
Advanced Drainage Systems Inc., a global manufacturer of water management products and solutions for commercial, residential, infrastructure and agricultural applications, priced a private offering of $350 million in 5 percent senior unsecured notes due 2027....
By Jayne Gest
September 18, 2019
BGL Sells Strength Environmental LLC To Valicor
Brown Gibbons Lang & Co. has sold Inkster, Michigan-based Strength Environmental LLC to Valicor Environmental Services, a member of the Pritzker Private Capital family of companies....
By Mark Scott
September 18, 2019
Hub International Buys NY-Based EPIC Retirement Services
EPIC Co-Founder Eva Kalivas will join Hub Northeast, working with Reich and collaborating heavily with Paul Collins, president and CEO of Hub Northeast....
By Mark Scott
September 18, 2019
NextChapter sold to Fastcase
Fastcase, a Washington D.C. legal publisher, has acquired NextChapter, the Columbus startup that creates cloud-based bankruptcy software for attorneys and paralegals. Fastcase plans to invest in NextChapter to create products that integrate legal research, dockets and news, for bankruptcy and beyond....
By Jayne Gest
September 18, 2019
Idelic raises $8M Series A round
Idelic, a Pittsburgh-based data and analytics startup, closed an $8 million Series A financing round, led by Chicago’s Origin Ventures with participation from TDF Ventures, Birchmere Ventures, Bain Capital Ventures and SaaS Venture Capital. Idelic will use the funds to grow its engineering and sales teams, and pave the way to release a mobile application....
By Jayne Gest
September 18, 2019
Commercial Vehicle Group buys First Source Electronics
New Albany-headquartered Commercial Vehicle Group Inc. has acquired substantially all of the assets and certain liabilities of First Source Electronics LLC, an electronics systems integrator in Elkridge, Maryland, for as much as $44.75 million, subject to certain targets. CVG expects the strategic acquisition to contribute to its long-term growth and allow it to enter the warehouse automation market....
By Jayne Gest
September 17, 2019
Aqua America to buy DELCORA wastewater assets for $276M
Aqua America is the second-largest publicly traded water utility based in the U.S., and serves more than 3 million people in Pennsylvania, Ohio, North Carolina, Illinois, Texas, New Jersey, Indiana and Virginia....
By Adam Burroughs
September 17, 2019
Navrogen raises $3.2M in funding
Navrogen Inc. has raised $3.2M in convertible note financing to support its operations, Humoral Immuno-Oncology (HIO) discovery platform and preclinical therapeutic pipeline activities....
By Adam Burroughs
September 17, 2019
StonePoint buys Standard Gravel
The acquisition of Standard will complement and expand StonePoint's subsidiary Southern Aggregates LLC, the largest sand and gravel producer in Louisiana....
By Adam Burroughs
September 17, 2019
MPE Partners invests in Arizona Shower Doors
Arizona will partner with MPE's existing portfolio company, DreamLine, a distributor of shower related products....
By Adam Burroughs
September 17, 2019
Installed Building Products prices notes
Installed Building Products Inc., a Columbus-based installer of insulation and complementary building products, has priced its previously announced offering of 5.75 percent senior unsecured notes due 2028 at $300 million....
By Jayne Gest
September 17, 2019
Huron Capital-Backed Albireo Makes 10th Add-On Acquisition
Huron Capital formed Albireo in 2014 with the goal of building an industry leader in the fast-growing U.S. market for energy efficiency, building automation and energy management....
By Mark Scott
September 17, 2019
S&T Bancorp share repurchase plan
The board of S&T Bancorp Inc., the holding company for S&T Bank with locations in Pennsylvania, Ohio and New York, authorized a new share repurchase plan at its regular meeting Sept. 16, 2019. This new repurchase authorization, effective through March 31, 2021, permits S&T to repurchase up to $50 million in shares of S&T’s common stock through open market and privately negotiated repurchases....
By Jayne Gest
September 16, 2019
Axalta Coating buys Capital Paints
Axalta Coating Systems Ltd., a global manufacturer of liquid and powder coatings, is set to acquire Capital Paints LLC, a UAE-based thermosetting powder coatings manufacturer specializing in architectural powder coatings....
By Adam Burroughs
September 16, 2019
Precise Metal Products bought by Staple Street Capital
New York private equity firm Staple Street Capital worked in partnership with Thompson Capital Partners on the deal....
By Adam Burroughs
September 16, 2019
Parker Hannifin finalizes Exotic Metals Forming deal
Exotic Metals Forming will become a stand-alone division and will continue to be led by Bill Binder, formerly Exotic President and CEO....
By Adam Burroughs
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....
By Adam Burroughs
September 16, 2019
Timken buys BEKA Lubrication for $165M
BEKA is headquartered in Pegnitz, Germany and employs approximately 900 people, with manufacturing, research and development based in Germany, and assembly facilities and sales offices around the world....
By Adam Burroughs
September 16, 2019
Howard Hanna sister company buys North Carolina Realtor
Howard Hanna Real Estate Services’ sister company, Allen Tate Realtors®, has acquired Blowing Rock Investment Properties, an independent residential real estate company serving Blowing Rock, Boone and surrounding areas. This acquisition marks Charlotte-based Tate’s entry into North Carolina’s High Country region....
By Jayne Gest
September 16, 2019
F13 Works raises capital
F13 Works LLC has raised $250,000 in early-stage venture funding from undisclosed investors, according to PitchBook. The Columbus startup, founded in 2016 as a provider of an e-commerce distribution software intended to serve as the bridge between manufacturers and e-commerce stores, has raised $1.1 million to date....
By Jayne Gest
September 16, 2019
KickUp closes $1.75M Series A round
The round, which will be deployed to accelerate the company’s customer growth and platform expansion, brings KickUp’s total capital raised to $4.75 million....
By Adam Burroughs
September 16, 2019
Tribune Media Issues Statement On Nexstar Deal
The statement is in response to the FCC's decision to approve the acquisition of Tribune Media Co. by Nexstar Media Group....
By Mark Scott
September 16, 2019
Sphera Completes Deal To Buy thinkstep
Sphera, a global provider of integrated risk management software and information services, has completed its acquisition of Stuttgart, Germany-based thinkstep after German regulatory authorities approved the deal....
By Mark Scott
September 13, 2019
Castle Creek to buy Fibrocell Science
With the resources of CCP Holdings' subsidiary, Castle Creek Pharmaceuticals LLC, Fibrocell's gene therapy platform can be advanced into additional areas of high, unmet need with the potential to develop multiple, promising new therapies....
By Adam Burroughs
September 13, 2019
Riverside invests in Affinitiv
Private equity firm The Riverside Co. has made a non-control investment in Affinitiv, Inc., a portfolio company of CIP Capital, in connection with its transformative acquisition of Loop LLC....
By Adam Burroughs
September 13, 2019
VillageMD’s Tim Barry: Investors Want To Give You Money
The co-founder and CEO of the healthcare management services company talks about his strategy when raising capital and the importance of establishing an ongoing dialogue with potential investors....
By Mark Scott
September 13, 2019
John McInerney On Finding The Right Deal Partners
M&A veteran John McInerney talks about his experience selling Keystone Printed Specialties and what it taught him about the value of good advisors....
By Adam Burroughs
September 13, 2019
Ikove Takes High Risks For Big Returns In Tech Commercialization
Ikove Capital Partners keeps a low profile, investing at the founder level in companies that commercialize technologies in partnership with Midwest research institutions like Ohio State. By the end of next year, it expects to have 20-plus companies in a portfolio that already includes Nikola Labs, ParaGen Technologies and Cognovi Labs....
By Jayne Gest
September 12, 2019
Coastal Ridge Real Estate buys student housing from Chicago, Houston sellers
Coastal Ridge Real Estate purchased Sterling 920 Terrace, a 260-unit, 775-bed luxury student housing project near Arizona Statement University, in a joint venture with Canada’s iA Financial Group. The sellers were Houston-based The Dinerstein Companies and Chicago-based Harrison Street Real Estate....
By Jayne Gest
September 12, 2019
Hyperion to buy German-based AFC
Hyperion Materials & Technologies Inc., a Worthington-headquartered materials science company focused on the hard and superhard materials space for high-precision applications, has agreed to acquire Arno Friedrichs Hartmetall GmbH & Co. KG and its affiliates. The strategic transaction is intended to make Hyperion a leading player in cemented carbide blank production....
By Jayne Gest
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....
By Mark Scott
September 12, 2019
Hometown Urgent Care purchases Springfield clinics
Hometown Urgent Care, Ohio’s largest urgent care and occupational health company, which is headquartered in Columbus, has acquired three clinics operated by Community Urgent Care in Springfield, Ohio. Hometown plans to consolidate its operations in Springfield into three clinics....
By Jayne Gest
September 12, 2019
KCM Capital completes Industrial Valve purchase
Chicago-based private investment firm KCM Capital Partners LLC, an investor in lower middle-market business services, value-added distribution and specialty industrial companies, has completed its acquisition of Industrial Valve Sales & Services LLC. The transaction was completed in partnership with company management, Pittsburgh’s PNC Mezzanine Capital and North Carolina’s Five Points Capital....
By Jayne Gest
September 12, 2019
Three keys to an effective recapitalization strategy
Greenwich Capital Group's Andrew Dickow shares what you need to consider when building an effective recapitalization strategy....
By Mark Scott
September 12, 2019
Fair Buys Canvas From Ford Credit
Ford Motor Credit Co. The agreement furthers Fair’s leadership position in the vehicle subscription category, enabling the company to continue to accelerate consumer adoption and expansion throughout the U.S....
By Mark Scott
September 11, 2019
Ohio Transmission Corp buys pump company
Ohio Transmission Corp., an industrial equipment service provider and distributor based in Columbus, has acquired Pumps, Parts and Service Inc., an industrial pump and repair company with service locations in the Southeast, one of the fast growing industrial areas in the country....
By Jayne Gest
September 11, 2019
Debt offering from Installed Building Products
Installed Building Products Inc., a Columbus-based installer of insulation and complementary building products, has launched an offering of $300 million in senior unsecured notes due 2028. IBP intends to use the net proceeds from the notes to repay a portion of the current borrowings under its Term Loan B credit facility, and for other general corporate purposes....
By Jayne Gest
