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July 30, 2020
Bravo Wellness CEO Jim Pshock on his unexpected deal with Medical Mutual
Bravo Wellness founder and CEO Jim Pshock talks about how his company prepared for a surprise deal with Medical Mutual....
By Adam Burroughs
July 29, 2020
The Riverside Co. invests in GSB & Associates Inc.
The Riverside Co. has invested in GSB & Associates, Inc., a flavor house specializing in custom flavor development....
By Adam Burroughs
July 28, 2020
Buckley King acquires Altick & Corwin
The merger adds to Buckley King's Ohio footprint and brings expanded practice areas including public-sector/municipal law, a military-focused family law practice, and a niche practice in identification and asset protection for Mega Millions and Ohio Lottery winners....
By Adam Burroughs
July 28, 2020
Modern Hire, with The Riverside Co. support, acquires Sonru
Sonru, a provider of automated video interviewing technology, has been acquired by Modern Hire, with financial support from The Riverside Co....
By Adam Burroughs
July 27, 2020
RVI sells Lowe’s - Newnan Crossing
Retail Value Inc. closed on the sale of the Lowe’s at Newnan Crossing for $15.6 million....
By Adam Burroughs
July 27, 2020
Madison Electric Products acquired by Southwire
Southwire has acquired Madison Electric Products LLC of Solon, Ohio – a manufacturer of high-quality electrical components and accessories....
By Adam Burroughs
July 24, 2020
LFM Capital’s Stephen Cook: In Tough Times, Pass In The Corners
The LFM Capital co-founder discusses the outlook for buyers and sellers, and the importance of compromise in getting deals done....
By Adam Burroughs
July 24, 2020
Hightower Advisors’ Omar Qureshi On Preserving Wealth In Wake Of COVID-19
Hightower Advisors Managing Director Omar Qureshi discusses the challenges and opportunities created by the pandemic, and what business owners and investors should do sooner than later to preserve wealth....
By Adam Burroughs
July 23, 2020
Harrington Industrial Plastics acquires Aetna Plastics
Harrington Industrial Plastics has completed its acquisition of Aetna Plastics, in partnership with Aetna management....
By Adam Burroughs
July 16, 2020
Saucy Brew Works Raises Capital Through Crowdfunding
The Cleveland-based production brewery and brewpub in Ohio City has raised more than $250,000 of an intended $1.07 million through crowdfunding site StartEngine....
By Michael Marzec
July 15, 2020
Aatru Medical Closes Series C Round Financing
Aatru Medical Inc., a Cleveland-based medtech company, completed a Series C financing round for an undisclosed amount with private investors....
By Michael Marzec
July 15, 2020
Indago Raises More Capital
Indago, a Cleveland-based medical device startup, raised $670,000 of new funding in the form of convertible debt from undisclosed investors....
By Michael Marzec
July 14, 2020
Peak Rock Capital Sells ProFusion Industries To Management Group
Peak Rock Capital has sold ProFusion Industries to an investor group led by the company's management. Terms of the deal were not disclosed....
By Michael Marzec
July 13, 2020
Sweden's Sandvik acquires Allied Construction
Sandvik Mining and Rock Technology is buying Cleveland-based Allied Construction Products LLC, a distributor of hydraulic hammers to the construction and mining industries and manufacturer of compactor plates and mounting brackets. Terms were not disclosed....
By Michael Marzec
July 9, 2020
Truist’s Jim Geuther says plan for the future despite the uncertainty
Truist's Jim Geuther explores the importance of adaptability in a time of disruption and uncertainty....
By Adam Burroughs
July 9, 2020
NewSpring Capital’s Adam VeVerka says despite pandemic, good deals will find a home
NewSpring Capital's Adam VeVerka talks about the state of dealmaking and what has buyers’ attention as they look for opportunities....
By Adam Burroughs
July 9, 2020
AB Bernstein’s Kara Lewis and Heather George on the seller fatigue factor
AB Bernstein's Kara Lewis and Heather George explores the seller mindset and how that might affect deal availability for buyers....
By Adam Burroughs
July 8, 2020
Popcom Crowdfunds $2.3M
PopCom, a Columbus-based smart vending and kiosk startup, has completed its second equity crowdfunding campaign....
By Adam Burroughs
July 8, 2020
CBIZ Acquires Prince-Wood Insurance
CBIZ Inc. has acquired property and casualty insurance agency Prince-Wood Insurance L.L.C....
By Adam Burroughs
July 8, 2020
Snip Internet Acquires Rocket Fiber Residential Internet Services
Snip Internet's acquisition of Rocket Fiber LLC, from Everstream serves as an initial expansion for Snip as they open in additional markets throughout the Midwest in the coming months....
By Adam Burroughs
July 7, 2020
Drive Capital contributes to Immuta's $40M funding round
Drive Capital is among the investors helping Boston-based Immuta, the automated data governance company, secure $40 million in funding....
By Adam Burroughs
July 7, 2020
Sequoia Financial Group gets strategic investment from Kudu Investment Management
Sequoia Financial Group LLC gets a strategic investment from Kudu Investment Management, LLC, an independent provider of long-term capital solutions to asset and wealth managers. Financial terms were not disclosed....
By Adam Burroughs
July 7, 2020
Resilience Capital Partners Portfolio Company CR Brands Sells Laundry Brands
Resilience Capital Partners' portfolio company CR Brands Inc. has completed the sale of its Biz Stain & Odor Eliminator and Dryel “at home dry cleaning” product lines to Scott’s Liquid Gold, Inc....
By Adam Burroughs
July 6, 2020
Bricker & Eckler acquires Ohio PACE, Energize Kentucky from The Greater Cincinnati Energy Alliance
Law firm Bricker & Eckler LLP has acquired the Ohio PACE and Energize Kentucky commercial PACE programs from The Greater Cincinnati Energy Alliance....
By Adam Burroughs
July 3, 2020
Paceline Equity Partners Buys R.E.L.A.M.
Dallas-based PE firm Paceline Equity Partners has acquired Railway Equipment Leasing And Maintenance Inc., a Northfield-based lessor of railroad maintenance-of-way equipment, along with two affiliated companies....
By MIchael Marzec
July 2, 2020
Cyprium Partners’ Michael Conaton: Get Ready For EBITDAC
Cyprium Partners co-founder MIchael Conaton discusses where he thinks investors will look when they begin scrutinizing deals as the economy starts to recover and the rise of EBIDTA before COVID....
By Adam Burroughs and Mark Scott
July 1, 2020
Portfolio Completes Purchase Of NAE/NWAN
National Automotive Experts/NWAN has completed its sale to California-based Portfolio. The deal brings together two leading companies in the finance and insurance products market for the automotive industry....
By Michael Marzec
July 1, 2020
PolyOne completes Clariant Masterbatch acquisition
PolyOne Corp. has completed its purchase of the color masterbatch businesses of Clariant and Clariant Chemicals India Ltd. PolyOne has also changed its name to Avient....
By Adam Burroughs
June 30, 2020
RVI sells Big Oaks Crossing shopping mall
Retail Value Inc. has sold Big Oaks Crossing in Tupelo, Mississippi, for $21 million....
By Adam Burroughs
June 26, 2020
CMU’s Lynn Banaszak: Priorities are shifting, but innovation interest remains strong
Despite the uncertainty, investors are still very interested in preserving their deal pipelines — continuing to build on the promise of the portfolio of ideas already in development, says Lynn Banaszak, executive director of the Digital Transformation and Innovation Center at Carnegie Mellon University....
By Jayne Gest
June 25, 2020
Cyprium Partners makes non-control investment in Chief Enterprises Holding
Cyprium Investment Partners has completed a new preferred equity and subordinated debt investment in Chief Enterprises Holding LLC...
By Adam Burroughs
June 23, 2020
OverDrive to buy RBmedia assets
OverDrive, a Cleveland-based digital reading platform for libraries and schools, is acquiring the assets of RBmedia’s library business, including the RBdigital platform in North America, the United Kingdom and Australia....
By Jayne Gest
June 23, 2020
GNC to restructure or be sold
GNC Holdings Inc., and certain of its North American entities, secured lenders and key stakeholders have agreed to pursue a dual-path process that will allow the company to restructure its balance sheet and accelerate its business strategy through Chapter 11 of the U.S. Bankruptcy Code. The company could be restructured or sold....
By Jayne Gest
June 22, 2020
WESCO completes Anixter merger
WESCO International Inc., a Pittsburgh-headquartered provider of business-to-business distribution, logistics services and supply chain solutions, has completed its merger with Anixter International Inc., creating a global B2B distribution and supply chain solutions company....
By Jayne Gest
June 22, 2020
Installed Building Products buys Nationwide Gutter
Installed Building Products Inc., a Columbus-based national installer of insulation and complementary building products, has acquired Nationwide Gutter LLC, which expands its presence to multifamily and commercial customers throughout Texas and surrounding states....
By Jayne Gest
June 19, 2020
TVV Capital’s AJ Byrd says buyers have opportunities, if they have the funds
TVV Capital Managing Director AJ Byrd explores the prospects for buyers in the short-term during the disruption....
By Adam Burroughs
June 19, 2020
Bravo Wellness Acquires PUSH Wellness
Cleveland-based Bravo Wellness has acquired Chicago-based PUSH Wellness. The companies both provide personalized, progress-based health improvement goals that materially reward each program participant....
By Michael Marzec
June 19, 2020
All Pro Freight’s Chris Haas: Finding opportunities in the uncertainties
In an economy that’s going up and down, those uncertainties are what makes the commercial real estate business thrive, says Chris Haas, founder, president and CEO of All Pro Freight Systems Inc....
By Mark Scott and Jayne Gest
June 19, 2020
Group Management Services buys Corporate Business Solutions
Richfield, Ohio-based Group Management Services Inc. has acquired Corporate Business Solutions, a Georgia human resources outsourcing provider. The transaction will further extend GMS’ client base outside of Ohio and increase its presence in the Southeast....
By Jayne Gest
June 19, 2020
Clayton Capital’s Kevin Short on how buyers are jumping over deal hurdles with tech
Kevin Short, managing director of Clayton Capital Partners, talks about how buyer diligence has adapted to transacting during a pandemic....
By Adam Burroughs
June 17, 2020
Champion ONE merges with Approved Networks
Champion ONE, a Cleveland-headquartered designer, marketer and supplier of optical networking components worldwide, has merged with Orange County, California’s Approved Networks and its affiliate, U.S. Critical....
By Jayne Gest
June 17, 2020
Equitrans Midstream, EQM complete merger
Equitrans Midstream Corp. and EQM Midstream Partners LP have completed the acquisition of all of the outstanding common units representing limited partner interests in EQM that it did not already own....
By Jayne Gest
June 15, 2020
The Pittsburgh Steelers have new minority owners
The owners of the Philadelphia 76ers and New Jersey Devils, Josh Harris and David Blitzer, have reportedly acquired small stake of less than 5 percent in the Pittsburgh Steelers, according to Bloomberg News....
By Jayne Gest
June 12, 2020
Howard & Howard’s Dan Cotter: Don’t Wait To Make A Business Interruption Claim
Many companies will be taking a harder look at their business interruption and disaster recovery insurance coverage in the wake of COVID-19, says Dan Cotter, an attorney with Howard & Howard....
By Dustin S. Klein & Mark Scott
June 12, 2020
Peca Labs raises venture funding
Peca Labs Inc. recently raised $587,465 of venture funding from undisclosed investors, PitchBook reports. The Carnegie Mellon University spin out has raised $5.69 million through five rounds and is developing synthetic cardiovascular devices intended to improve the treatment of cardiac defects....
By Jayne Gest
June 12, 2020
Early-Stage Entrepreneurs Need To Focus On Creativity, Mitigating Risk To Close Deals
The landscape for showcasing early-stage companies to potential buyers and investors has changed dramatically in the face of COVID-19, says David Weaver, chief investment officer at City Side Ventures....
By Dustin S. Klein & Mark Scott
June 12, 2020
ChromoCare’s Hugh Cathey: It’s time for careful, creative thinking
It's a challenging business environment right now, which calls for care and out-of-the-box thinking. Hugh Cathey discusses what he’s seeing in today’s market through the lens of both business owner and investor....
By Jayne Gest
June 11, 2020
Barley Snyder’s Paul Mattaini on fed-up sellers and cautious buyers
Barley Snyder's Paul Mattaini offers his view of the state of dealmaking — both from the sell side and buy side — and his sense of what M&A will look like in the short term....
By Adam Burroughs
June 11, 2020
Incline’s LYNX buys FRSTeam
Pittsburgh-based private equity firm Incline Equity Partners’ portfolio company, LYNX Franchising has further expanded its commercial services brand offering through the acquisition of FRSTeam. FRSTeam focuses on disaster recovery, specializing in damage from smoke, fire, water and mold....
By Jayne Gest
June 10, 2020
Nationwide invests in Planck
Nationwide recently made a venture capital investment in Planck, which has created an artificial intelligence-driven data platform for commercial insurance. The funding, which was part of a $16 million Series B round, comes from Nationwide’s $100 million venture capital investment fund....
By Jayne Gest
