Smart Business Dealmakers -
Subscribe to Smart Business Dealmakers
December 12, 2019
Big Things Sells MashPlant
MashPlant is the only social learning platform that allows students to create, collaborate, learn, and share classroom projects in any digital media format in a certified safe, COPPA-compliant environment....
By Mark Scott
December 12, 2019
Heartland Veterinary Partners Completes Majority Recap
Founded in 2016 and based in Chicago, Heartland is one of the fastest growing veterinary support organizations in the United States with nearly 100 veterinary hospitals throughout the Mid-American and Southern markets....
By Mark Scott
December 12, 2019
Walgreens Boots Alliance, McKesson Form Pharma JV
WBA will have a 70% controlling equity interest in the joint venture and McKesson will have a 30% ownership interest....
By Mark Scott
December 12, 2019
Rob Dube: Being Mindful Is Key To Being An Effective Dealmaker
It seemed like a good deal, but things changed quickly for Rob Dube when he sold imageOne. Fortunately, he got it back and learned a valuable lesson about mindfulness....
By Mark Scott
December 12, 2019
Roll-Kraft’s Sanjay Singh: Find Deal Opportunities That Fit What You Want To Achieve
Dealmaking is a big part of Sanjay Singh’s life, both at Roll-Kraft and through his family office....
By Mark Scott
December 12, 2019
QED’s Hiroyuki Fujita: Dealmaking Can Be A Tool To Protect Your Company’s Future
QED’s Hiroyuki Fujita is confident his deal with Canon will both protect QED’s future and preserve its innovative culture....
By Mark Scott
December 12, 2019
Pre Brands’ Jason Pinter: Build An Investment Thesis That Works For You
Feedback is important as you’re building a business. But you’ve got to do what you think is best, says Pre Brands’ Jason Pinter....
By Mark Scott
December 11, 2019
Bruce Lazear lays out the anatomy of an ESOP
The idea of selling to a third party can be terrifying to many business owners. An employee stock ownership plan may be the answer, but first take the time to truly understand the fundamentals behind ESOPs, says Bruce Lazear, who's firm, Lazear Capital Partners, handles many of these exit strategies....
By Jayne Gest
December 11, 2019
Jonathan Meltzer on leadership as a deal cornerstone
Here's some of what Jonathan Meltzer looks for in a buy-side opportunity to assure him he’s making the right investment....
By Adam Burroughs
December 11, 2019
Hyde Park Venture Partners Raises $100M Third Fund
HPVP’s third fund exceeded its target of $75 million and hit its hard cap of $100 million, according to a press release....
By Mark Scott
December 11, 2019
Ranpak Announces Pricing of $100M Public Offering
Founded in 1972, Ranpak's goal was to create the first environmentally responsible system to protect products during shipment....
By Mark Scott
December 11, 2019
Palumbo-Led Group Sells River North Office Building In Chicago
Built in 1906, the office building recently went through a multi-million-dollar renovation....
By Mark Scott
December 11, 2019
MissionOG closes $93M fund
The new fund provides fast-growing B2B technology companies in financial services and payments, data, and software with investment capital to accelerate their businesses....
By Adam Burroughs
December 11, 2019
Everest buys wireless towers in East Texas
Pittsburgh-headquartered Everest Infrastructure Partners has acquired 10 wireless towers in East Texas. The tower cluster north and east of Houston represents the largest acquisition Everest has completed in Texas....
By Jayne Gest
December 11, 2019
Huron Capital-Backed Albireo Energy Buys Quality Building Controls
The acquisition of QBC is expected increase Albireo's presence in the Southeast and extend the company's customer base in Florida, providing additional recurring revenue....
By Mark Scott
December 10, 2019
Buddy Flerl: Whether investing overseas or in the PE secondary market, people are the key
Buddy Flerl acts as an investor and limited partner in institutional funds in the secondary market, providing liquidity to PE firms. He also has experience investing overseas. In both scenarios, he says, it comes down to people....
By Jayne Gest
December 10, 2019
Vertiv to be publicly traded after merger
Vertiv Holdings LLC, a global provider of digital infrastructure and continuity solutions headquartered in Columbus, will become a publicly traded company through a merger with GS Acquisition Holdings Corp, a special purpose acquisition company co-sponsored by an affiliate of The Goldman Sachs Group Inc. and David M. Cote....
By Jayne Gest
December 10, 2019
GCM Grosvenor Closes Fund With $983M In Committed Capital
Multi-Asset Class Fund II pursues investment opportunities sourced from GCM Grosvenor’s $57 billion alternative investment platform, with investment capabilities across hedge fund strategies, private equity and debt, infrastructure, and real estate....
By Mark Scott
December 10, 2019
InSight Telepsychiatry, Regroup Telehealth merge
InSight Telepsychiatry and Regroup Telehealth have merged to become the largest telepsychiatry service provider in the US....
By Adam Burroughs
December 10, 2019
Hub International Buys Montana Business
Based in Missoula, Montana, Troy Carlson will join Hub Mountain, bringing with him a depth of experience in personal and commercial insurance....
By Mark Scott
December 10, 2019
Waud Capital Partners Commits $150M To Software Platform Company
Firm is partnering with with Leif O'Leary, Shay Gonen and Peter Frintzilas to pursue platform investments in the vertical software market....
By Mark Scott
December 10, 2019
Compuware To Buy Innovation Data Processing
This would be Compuware's sixth mainframe software or services acquisition in the last three years....
By Mark Scott
December 10, 2019
May River Fund II Raises $300M
Following a three-month fundraising process, the fund held a single closing during which it accepted $300 million in limited partner subscriptions, which was the target size of the fund....
By Mark Scott
December 10, 2019
Cboe Global Markets To Buy EuroCCP
The transaction will bring together two companies that have long championed competition, open access and clearing interoperability in Europe....
By Mark Scott
December 9, 2019
Installed Building Products buys Gulf Coast Insulation
Installed Building Products Inc., a Columbus-based installer of insulation and complementary building products, has acquired Gulf Coast Insulation in Florida. The transaction adds approximately $4.7 million in annual revenue to IBP....
By Jayne Gest
December 9, 2019
Davey Resource Group Buys Assets Of NJ-Based Amy S. Greene Environmental
The company will do business as Amy Greene Environmental, a Davey company. Greene will stay on as a consultant....
By Mark Scott
December 9, 2019
Innovation Fund NEO Awards $275K To Five Startup Companies
Founded by the Lorain County Community College Foundation, Innovation Fund awards technology-based startups up to $100,000 so they can validate their technologies and business concepts....
By Mark Scott
December 9, 2019
MAI Capital Buys Alliance-Based Rodman Capital Management
This is MAI’s fifth acquisition since taking a minority investment from WPCG in July 2017....
By Mark Scott
December 9, 2019
Avathon Capital Launches With Over $400M Of Assets
Avathon selectively targets opportunities where it can invest $10 million to $50 million of equity capital and take a meaningful ownership position in companies with the potential to become enduring and strategically important businesses in their market....
By Mark Scott
December 9, 2019
Baltimore-Based Axxella Buys Geneva’s SPIRE Institute
Spire is considered a world-class, mega-facility specializing in athlete training, development and competition within a wide variety of sports....
By Mark Scott
December 9, 2019
Fidelity Savings and Loan, Washington Savings Bank, William Penn Bancorp to merge
When combined, William Penn Bank will be the second-largest mutual institution in Eastern Pennsylvania with 11 branches, $663 million in assets, $475 million in deposits, and equity of approximately $98 million....
By Adam Burroughs
December 9, 2019
Aevi Genomic Medicine to be acquired by Cerecor for $16M+
The combined bio-pharmaceutical company will continue to be focused on pediatric orphan diseases and operate under the name Cerecor....
By Adam Burroughs
December 9, 2019
Boathouse Capital acquires Auntie Anne's franchisee Fresh Dining Concepts
Fresh Dining Concepts is the third-largest Auntie Anne's franchisee and operates over 50 in-line stores, baking kiosks and satellite retail units along the East Coast from New York to Florida....
By Adam Burroughs
December 9, 2019
The Institutes acquires three knowledge-sharing platforms from LRP Media Group
Risk & Insurance, National Workers’ Compensation and Disability Conference & Expo and National Ergonomics Conference & ErgoExpo are all part of the deal....
By Adam Burroughs
December 9, 2019
Windtree Therapeutics completes $26.4 million private placement
In connection with this offering, Windtree issued 8,749,999 shares of common stock at a purchase price of $3.02 per share and warrants to purchase 4,375,002 shares of common stock at an exercise price of $4.03 per share....
By Adam Burroughs
December 9, 2019
The Chartis Group Buys The Greeley Co.
Headquartered in the greater Boston area, Greeley’s clients range from the nation's largest health care systems and academic medical centers to remote critical access rural hospitals....
By Mark Scott
December 6, 2019
Kraft Heinz-backed VC fund invests in Zippin
Zippin, a San Francisco startup enabling cashierless checkout for brick and mortar retail, recently closed a $12 million in Series A funding, led by Evolv Ventures, the venture fund backed by Kraft Heinz....
By Jayne Gest
December 6, 2019
Howard Hanna purchases Toledo realty firm
Pittsburgh-headquartered Howard Hanna Real Estate Services, the third largest real estate company in the U.S. and the largest home seller in the state of Ohio, has acquired Sulphur Springs Realty in Northwest Ohio....
By Jayne Gest
December 6, 2019
Navidea announces $1.9M private placement
Navidea Biopharmaceuticals Inc. has executed agreements with five investors, including an existing investor, John K. Scott Jr., to purchase approximately 2.1 million shares of the company’s common stock for approximately $1.9 million....
By Jayne Gest
December 6, 2019
Purchase of West Virginia’s Mountaineer Casino closes
Colorado Springs-based Century Casinos Inc. has completed the acquisition of the operations of New Cumberland, West Virginia’s Mountaineer Casino, Racetrack and Resort, as well as two Missouri casinos, from Eldorado Resorts Inc. for approximately $107 million....
By Jayne Gest
December 6, 2019
H2R CPA, Cottrill Arbutina to merge
H2R CPA will be merging with Cottrill, Arbutina & Associates PC effective Jan. 1, 2020. The staff of both accounting firms will operate as H2R CPA, while maintaining their existing office locations in Parkway Center and downtown Beaver....
By Jayne Gest
December 6, 2019
Vroom Closes $254M Series H Round, Plans To ‘Rapidly Expand’ Detroit Office
Vroom’s Detroit office is expected to significantly increase its product and engineering staff in 2020, as it accelerates investment in bringing all aspects of the car buying and selling experience online....
By Mark Scott
December 6, 2019
Berlin Packaging Completes Novio Packaging Acquisition
The combined businesses will end 2019 with annual sales in excess of $1.5 billion, more than 130 sales and warehouse locations across North America and Europe, and a portfolio of more than 40,000 glass, plastic, and metal container and closure items....
By Mark Scott
December 6, 2019
JLL Income Property Trust Buys AZ-Based Distribution Center In $31M Deal
Chandler Distribution Center is a 211,000-square-foot, Class A industrial asset located in the southeast submarket of Phoenix....
By Mark Scott
December 5, 2019
Deal Us In
Business owners can’t afford to ignore M&A — even if they’re not actively looking to buy or sell. That’s because competitors are out scooping up a new technology, diversifying into new geographies, raising growth capital, and implementing long-term exit plans that help them run their companies better....
By Adam Burroughs
December 5, 2019
GM, LG Chem Form $2.3B Joint Venture In Lordstown
General Motors and LG Chem have announced plans to mass-produce battery cells for future battery-electric vehicles. Together, the companies will invest up to $2.3 billion through a new, equally owned joint venture company....
By Mark Scott
December 5, 2019
Align Capital Partners-Backed Pleatco Filtration Buys TVS Filters
TVS designs and manufactures pleated filter cartridges, gas turbine inlet filters and other filtration products for complex industrial air filtration applications....
By Mark Scott
December 5, 2019
GTE buys companies with a unique model: entrepreneurship through acquisition
Entrepreneurship through acquisition or search fund can be less risky than starting a company from scratch, and GT Entrepreneurs is one of a handful of firms that help experienced operators find successful businesses. VP of Operations Robert Septak shares how the firm works....
By Jayne Gest
December 5, 2019
WTWH Media Buys Robotics Division Of EH Media
The acquired assets include Robotics Business Review, a website focused on the global robotics and intelligent systems sector, and the RoboBusiness Conference and Exposition....
By Mark Scott
December 5, 2019
GrafTech Announces Secondary Block Trade, Share Buyback
GrafTech is a manufacturer of high quality graphite electrode products essential to the production of electric arc furnace steel and other ferrous and non-ferrous metals....
By Mark Scott
