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February 25, 2020

Hyland Completes Deal To Buy Streamline Health’s ECM Business

The deal bolsters Hyland's efforts to become the world's leading content services provider and is intended to further Hyland Healthcare's mission of helping health care organizations improve the lives of patients and enhance the experiences of health care consumers....

By Mark Scott

February 24, 2020

Condado Tacos takes on new investor, The Beekman Group

Condado Tacos is partnering with The Beekman Group LLC, a private equity firm based in New York City, for its next chapter of growth. The build-your-own taco concept plans to use the funds to optimize its expansion into new markets....

By Jayne Gest

February 21, 2020

GBQ buys Weber Clark in Toledo

GBQ Partners LLC, a Columbus-headquartered tax, accounting and consulting firm, has joined forces with Weber Clark Ltd. The transaction is part of GBQ’s strategy for expanding and strengthening market presence....

By Jayne Gest

February 21, 2020

Mettler-Toledo purchases D.C. Martin & Son Scales

Columbus-headquartered Mettler Toledo International Inc. has acquired D.C. Martin & Son Scales of Grand Rapids, Michigan, according to Calder Capital LLC....

By Jayne Gest

February 20, 2020

Washington Prime Group sells interest in eight outparcels

Columbus-based Washington Prime Group Inc. has executed a letter of intent with Spirit Realty Capital Inc. for the sale of the fee interest or leasehold interest in eight outparcels for approximately $14.2 million....

By Jayne Gest

February 20, 2020

An Inside Look At Terrence Oprea’s Sale Of MCCI To His Executive Team

The moment you start to think that maybe it’s time to retire in terms of private ownership, it’s usually too late, says Terrence Oprea....

By Mark Scott

February 20, 2020

TMA’s Scott Y. Stuart: Tips For Navigating The Risky World Of Distressed Investments

As you consider investing in or buying a company that is in a tough spot, you need to be honest about the situation....

By Mark Scott

February 20, 2020

Compass Self Storage Buys Eustis, Florida Location

This transaction marks the 23rd Compass Self Storage location in Florida and the 92nd location nationwide....

By Mark Scott

February 20, 2020

Victoria’s Secret, Pink to be sold to Sycamore Partners

L Brands Inc. plans to position Bath & Body Works as a standalone public company, separating Victoria’s Secret Lingerie, Victoria’s Secret Beauty and PINK into a privately-held entity. New York PE firm Sycamore Partners will purchase a 55 percent majority interest for approximately $525 million. Les Wexner will step down and become chairman emeritus of L Brands....

By Jayne Gest

February 20, 2020

MRI Software’s John Ensign: Strong Outlook For M&A — If The Deals Meet The Right Criteria

Investing in the right acquisition — rather than just making the first deal that comes along — will be critical to surviving, and even thriving, in a downturn, says MRI Software’s John Ensign....

By John Ensign

February 20, 2020

Signet’s Anthony Manna: U.S. Deal Activity Remains Steady As China Responds To Coronavirus

As the Chinese government continues to grapple with the impact of the coronavirus within its borders, the disease’s impact on the U.S. economy has been negligible....

By Mark Scott

February 19, 2020

Kevin McPhillips: Taking an interest in employee ownership

While there's a level of unawareness of how employee stock ownership plans truly work, grassroots efforts and education are starting to pay off with business owners. Kevin McPhillips of the Pennsylvania Center for Employee Ownership explains how....

By Jayne Gest

February 19, 2020

Eaton, Abunayyan Holding Form Joint Venture

The joint venture is expected to do business as Eaton Arabia and have locations in Dammam, Saudi Arabia, and Dubai, United Arab Emirates....

By Mark Scott

February 19, 2020

Align Capital Partners Closes Fund At $450M Hard Cap

With the closing of ACP II, Align Capital Partners has raised more than $775 million since the firm’s founding in 2016....

By Mark Scott

February 19, 2020

Retail Value Closes $60M Sale Of Hamilton Commons

Net proceeds equal to 105% of the property’s allocated loan amount were used to repay mortgage debt associated with RVI with the remaining proceeds retained as cash....

By Mark Scott

February 18, 2020

Volvo industrial building in Lewis Center purchased

An affiliate of Covington Group Inc., a Dallas commercial real estate company, has purchased a 583,000-square-foot bulk distribution warehouse at 8355 Highfield Drive in Lewis Center, Ohio. The building, on a 31-acre site, is occupied by Volvo Group North America....

By Jayne Gest

February 18, 2020

Leppo Rents Buys Valco Equipment

Valco Equipment has been providing sales, rentals, parts and service to its customers in Akron, Canton, Cleveland and nationwide since 1987. Equipment lines include JLG, Genie, SkyTrak, Lull, Skyjack, Pettibone, Gehl and Manitou....

By Mark Scott

February 18, 2020

Gregory D. Cessna: How much due diligence is too much?

Gregory D. Cessna wonders if the ease of information sent through digital portals can bog down deal due diligence. He provides some tips for right sizing the due diligence for your next deal....

By Gregory D. Cessna

February 18, 2020

Koppers to divest China distillation business

Koppers Holdings Inc. has agreed to sell Koppers (Jiangsu) Carbon Chemical Company Limited to Fangda Carbon New Material Co. Ltd. and C-Chem Co. Ltd, a subsidiary of NIPPON STEEL Chemical & Material Co. Ltd. for $107 million....

By Jayne Gest

February 14, 2020

Investing in Ohio’s medical marijuana industry

The cannabis space is an interesting investment opportunity that comes with a variety of risks, but as Ohio’s medical marijuana cultivators and dispensaries slowly gain ground, the nascent industry should pick speed in 2020....

By Jayne Gest

February 14, 2020

$7.6M in addition funding for Navidea Biopharmaceuticals

Navidea Biopharmaceuticals has sold its Ohio court judgment for $4.2 million and raised an addition $3.4 million in equity, which represents $7.6 million in additional funding....

By Jayne Gest

February 13, 2020

S4 Medical raises additional funding

S4 Medical Corp., a Columbus-based medical device company focused on protecting the esophagus from thermal damage during catheter ablation procedures, has completed an oversubscribed round of funding following its successful human study....

By Jayne Gest

February 13, 2020

Smith Micro buys the operator business of Circle Media Labs

Pittsburgh-headquartered Smith Micro Software Inc. has acquired the operator business of Circle Media Labs Inc. for approximately $13.5 million in cash. The transaction will expand and enhance the overall capabilities Smith Micro's portfolio....

By Jayne Gest

February 13, 2020

Kurtz Bros. Buys Landmark Lawn and Garden Supply’s Strongsville Store

Under the new ownership, the Strongsville store will change its name to Kurtz Bros. Inc. The transaction does not include the Landmark Lawn and Garden Supply store in Avon....

By Mark Scott

February 13, 2020

At Gateway Blend, Kasey Grelle digs in to acquisitions

With Kasey Grelle at the helm of digital media company Gateway Blend — which owns and operates a portfolio of more than 14 websites that each month reach more than 120 million users — the company has a CEO ready to roll up her sleeves when it comes to acquisitions....

By Adam Burroughs

February 13, 2020

2020 Dealmaker of the Year Awards

Smart Business Dealmakers is recognizing some top deals and dealmakers in the St. Louis region. Here are the 2020 Dealmaker of the Year Award winners!...

By Adam Burroughs

February 12, 2020

Altoona Honda under new ownership

Bill Barnes and Paul Ritchie recently sold Altoona Honda to Timbrook Automotive, which has 11 dealerships throughout Maryland, Virginia and West Virginia. This is Timbrook’s first location in Pennsylvania....

By Jayne Gest

February 12, 2020

WW Williams purchases CP Company

W.W. Williams Co. has completed its acquisition of CP Company, which does business as CT Power and Iceberg Enterprises. The transaction should strengthen W.W. Williams with additional independent truck maintenance locations and broaden its trailer parts and related product lines....

By Jayne Gest

February 12, 2020

Gridiron Capital Completes Sale Of Dent Wizard To Dealer Tire

Gridiron is making a significant new investment in the combined platform alongside the majority shareholder, Bain Capital, the Mueller family and the management team....

By Mark Scott

February 12, 2020

ACP-Backed E Source Buys TROVE Predictive Data Science

ACP acquired E Source in June 2019 and last week announced the company’s acquisition of UtiliWorks Consulting. Both companies will be united under the E Source brand in the months ahead....

By Mark Scott

February 12, 2020

Marcum’s Gregory J. Skoda: Before You Sell, Examine The Deal From Every Angle

When Gregory J. Skoda finalized a deal for Skoda Minotti to become part of New York-based Marcum LLP, it was part of a growth strategy, not a path to exit the business he launched in 2001....

By Mark Scott

February 11, 2020

Bedford Funds launches $2B fund raise

Pittsburgh-based Bedford Funds LP is launching a $2 billion fund raise, that looks to create a private equity fund specifically targeting operating businesses, rather than real estate investments....

By Jayne Gest

February 11, 2020

Carnegie Learning divests Paradigm Education Solutions

Carnegie Learning, a Pittsburgh learning technology company, has agreed to sell Paradigm Education Solutions, a post-secondary provider of print and digital learning solutions, to Kendall Hunt Publishing Co....

By Jayne Gest

February 11, 2020

Celsense raises funding

Pittsburgh-based Celsense Inc. is in the process of raising $500,000 of venture funding in form of convertible debt, according to PitchBook....

By Jayne Gest

February 10, 2020

ACP-Backed Alliance Source Testing Makes Fourth Add-On Acquisition

Align Capital Partners-backed Alliance Source Testing LLC has acquired METCO Environmental from TestAmerica, a subsidiary of Eurofins Scientific....

By Mark Scott

February 10, 2020

EmployStream Closes $7M Series B Funding Round

EmployStream will use the capital to expand product development, increase its footprint in the staffing industry and drive innovation of ideas inspired by its rapidly growing customer base....

By Mark Scott

February 10, 2020

Vertiv closes GS Acquisition Holdings merger, becomes publicly traded

Columbus-headquartered Vertiv Holdings Co. has completed its business combination with GS Acquisition Holdings Corp. GS Acquisition Holdings Corp. has been renamed Vertiv Holdings Co. and will trade on the New York Stock Exchange....

By Jayne Gest

February 7, 2020

MedPilot Raises Additional $1.5M In Funding

Investors in this latest round include JumpStart, Jon Pinney, North Coast Angel Fund, Valley Growth Ventures, Wavemaker Partners and Hudson River Capital Partners....

By Mark Scott

February 6, 2020

Rea & Associates buys W.J. Ubbing and Associates

Rea & Associates, a regional accounting and business consulting firm based out of New Philadelphia, Ohio, will merge in clients from Columbus CPA firm W.J. Ubbing and Associates, which primarily works with construction companies....

By Jayne Gest

February 6, 2020

Sherwin-Williams To Build New Global HQ In Downtown Cleveland

Preliminary plans call for Sherwin-Williams to invest a minimum of $600 million to build new HQ, as well as a new R&D Center in Brecksville....

By Mark Scott

February 6, 2020

Richard Weaver on choosing the right recapitalization partner

AB Bernstein's Richard L.N. Weaver offers his perspective on what business owners should consider when pursuing recapitalization, including the importance of defining goals and choosing the right private equity partner....

By Adam Burroughs

February 6, 2020

Align Capital Partners-Backed E Source Buys UtiliWorks

ACP acquired E Source in June 2019 and UtiliWorks marks the platform’s second add-on acquisition....

By Mark Scott

February 6, 2020

Two Labs buys CEEK Enterprises

Two Labs, a Powell, Ohio-based pharmaceuticals services company, has acquired CEEK Enterprises, a Boston management consultancy dedicated to supporting clients in the biopharma and medical technology industries. The transaction will significantly expand Two Labs’ suite of integrated offerings....

By Jayne Gest

February 6, 2020

CitySide Ventures’ David Weaver: When Your Plan Doesn’t Work, Be Ready To Pivot To Something New

Longtime dealmaker put more than three decades of diversified management experience to use to help early-stage companies connect with the resources they need to grow their businesses....

By Mark Scott

February 6, 2020

Dean Zayed: Ready To Deal, Not Ready To Walk

Dealmaking provides options. Darryl Ronconi and Dean Zayed found a way to sell a majority interest in Brookstone Capital Management and retain a strong voice in the company moving forward....

By Mark Scott

February 5, 2020

SinterMet sold to V&A Capital

New York PE firm V&A Capital has partnered with the management team of SinterMet LLC to acquire the company, which is headquartered near Pittsburgh. The firm plans to support SinterMet’s growth through increased product offerings, entering new end-markets and searching for complementary add-on acquisitions....

By Jayne Gest

February 5, 2020

Hyland Buys Learning Machine

Learning Machine is considered a pioneer in leveraging blockchain technology to authenticate documents and content....

By Mark Scott

February 5, 2020

MPE Partners Announces Recap Of Wisconsin-Based Teel Plastics

Teel has been owned by the Smith family for over 20 years and was seeking a partner to help the Teel team capitalize on the significant growth opportunities that are currently available to the company....

By Mark Scott

February 5, 2020

CBIZ Snags Alliance Insurance Services, Pension Dynamics Co.

Alliance Insurance Services is based in Washington D.C. while Pension Dynamics is headquartered in Pleasant Hill, California....

By Mark Scott

February 5, 2020

Michael Feuer: Buy It, Build It, Or Forget It?

It’s not how big you make it, it’s how you make it big, says Michael Feuer...

By Michael Feuer