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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