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October 17, 2019
MAI Capital’s Rick Buoncore: Acquisitions Drive Opportunity As Firm Nears $7B
Acquisitions have MAI Capital poised to top $7 billion in assets under management, says Rick Buoncore, with more deals and more growth to come....
By Mark Scott
October 16, 2019
Riverside Exits Fisher Unitech
The Riverside Co. has sold Fisher Unitech, a provider of 3D design software tools and 3D printers, to Buffalo Grove, Illinois-based Computer Aided Technology, a portfolio company of CIVC Partners L.P....
By Mark Scott
October 16, 2019
Keystone Capital Sells Avalon Precision Casting
The combination of Avalon's investment castings capabilities and Sigma's global casting and precision machining capabilities is expected to bring significant product sourcing, supply chain management and scale opportunities to each company's customer base....
By Mark Scott
October 15, 2019
Eaton Agrees To Sell Lighting Business In $1.4B Deal
The decision to sell the lighting business comes after completing a comprehensive review of various potential transaction alternatives to maximize shareholder value....
By Mark Scott
October 15, 2019
MC Group’s Tim Eippert: Lack Of Customer Overlap Facilitates MC Group/Icon Merger
In dealmaking, you don’t grow just to double, says Tim Eippert. You want more. The CEO of MC Group explains how integration will play a key role in maximizing the benefits of its merger with Icon....
By Mark Scott
October 15, 2019
RIA In A Box Buys SF-Based Gordian Compliance Solutions
The combination is expected to bring RIA in a Box's software to a greater audience of registered investment advisers, private funds and broker dealers and deepen the company's regulatory expertise, further enabling RIA in a Box to provide value-add compliance software and support to firms of all sizes....
By Mark Scott
October 10, 2019
MEDNAX Agrees To Sell MedData Business To Frazier Healthcare Partners
The Brecksville-based MedData currently serves more than 10,000 physicians with a network of more than 3,000 facilities and 20 regional offices across the U.S....
By Mark Scott
October 10, 2019
Jeremy Flack: Dealmaking Isn’t Supposed To Be Painless
You'll never get a deal done if you’re unwilling to compromise at the negotiating table, says Flack Global Metals CEO Jeremy Flack....
By Mark Scott
October 10, 2019
Thogus Products Buys Proto Plastics
Founded in 1969, Proto Plastics is a low-volume plastic injection molding and contract manufacturing company specializing in technically demanding, close tolerance parts and assemblies....
By Mark Scott
October 10, 2019
Chas Withers: All Hope Is Not Lost For Dealmaking In 2020
Dix & Eaton's CEO explains why there is reason to be optimistic about the climate for M&A activity headed into 2020....
By Mark Scott
October 9, 2019
Middlefield Banc Corp. Declares Two-For-One Stock Split
Each shareholder of record at the close of business on Oct. 25 will receive one additional share for every outstanding share held on the record date. The additional shares are payable on Nov. 8....
By Mark Scott
October 8, 2019
SPA Reaches Deal To Buy Jigsaw Systems
Cleveland-based SPA will acquire the Jigsaw assets, people, and customer contracts, and the merged business will operate under the SPA brand....
By Mark Scott
October 7, 2019
Worthington Industries Buys Heidtman Steel Processing Facility
The facility will complement Columbus-based Worthington’s network of facilities in Northeast Ohio, including its cold rolled steel processing facility in Cleveland and Samuel Steel Pickling Co., a joint venture, in Cleveland and Twinsburg....
By Mark Scott
October 4, 2019
Key Deals Propel Gent Machine To Steady Growth
Rich Gent talks about two pivotal deals in Gent Machine Co.’s history that have set the business up for a bright future....
By Mark Scott
October 3, 2019
MI Windows and Doors to buy the Milgard Windows and Doors division of Masco
The transaction, which is expected to be completed in the fourth quarter of 2019, is expected to position MI Windows & Doors for nearly $1 billion in annual window and door sales....
By Adam Burroughs
October 2, 2019
Ohio Basement Systems Finds Growth Foundation In Sale To Groundworks
Mike Rusk talks about how the sale of his Ohio Basement Systems to Groundworks will give the company an even stronger support structure for the future growth of the business he and his wife Gayle started in 1998....
By Mark Scott
October 2, 2019
TPC Wire & Cable buys Pittsburgh Wire and Cable
Macedonia, Ohio-based TPC Wire & Cable Corp. has completed the purchase of Pittsburgh Wire and Cable Inc. The acquisition allows TPC to further penetrate new end user markets and expand its current portfolio of high-performance wire and cable solutions....
By Jayne Gest
October 2, 2019
Berkshire Hathaway HomeServices firms merge
Southwestern Pennsylvania real estate company Berkshire Hathaway HomeServices The Preferred Realty has acquired Berkshire Hathaway HomeServices Kovack Realtors in Ohio. Joining forces will allow the combined company to leverage the power of the Berkshire Hathaway HomeServices name even more....
By Jayne Gest
October 1, 2019
SITE Centers to offload 15% of DDRTC joint venture
SITE Centers Corp. is set to sell its 15 percent stake in the DDRTC joint venture to its partner, TIAA-CREF, based on a gross fund value of $1.14 billion....
By Adam Burroughs
October 1, 2019
Everstream to buy 200+ miles of fiber network from DataBank
Everstream has accelerated its planned entry into the Indianapolis market with its intent to purchase these fiber assets. When fully completed, the Everstream network will cover the Indianapolis metro area....
By Adam Burroughs
October 1, 2019
Novelis, Aleris deal approved by European Commission
The approval is conditioned upon the sale of Aleris' plant in Duffel, Belgium, which produces aluminum for the automotive and specialties markets....
By Adam Burroughs
October 1, 2019
Epicor Buys Solon-Based 1 EDI Source Inc.
Based in Austin, Texas, Epicor provides industry-specific enterprise software to promote business growth....
By Mark Scott
September 27, 2019
Deal Outlook: Corporate Divestitures Offer Opportunity, Risks
Tom Zucker of M&A advisory firm EdgePoint Capital talks about the effect interest rates typically have on M&A activity and the continued rise of corporate divestitures in the dealmaking space....
By Mark Scott
September 25, 2019
Axuall lands $3M seed round
Participating in the round are JumpStart (lead), Zapis Capital Group, M25, North Coast Angel Fund, Kettledrum Ventures, and Drummond Road Capital....
By Adam Burroughs
September 24, 2019
RhinoSystems, maker of Navage, raises $10.4M
RhinoSystems, Inc, the Brooklyn-Heights-based company responsible for Navage, has raised $10.04 million in angel funding from undisclosed investors....
By Adam Burroughs
September 24, 2019
Vail Resorts closes deal for 17 US ski areas
Vail Resorts Inc. has closed its acquisition of Peak Resorts Inc. for $11 per share, which it announced in July. Vail Resorts has added 17 U.S. ski areas — including Alpine Valley, Boston Mills, Brandywine and Mad River Mountain in Ohio, and Liberty Mountain Resort, Roundtop Mountain Resort, Whitetail Resort, Jack Frost and Big Boulder in Pennsylvania — bringing its total number of owned and operated resorts to 37 worldwide....
By Jayne Gest
September 23, 2019
Maroon Group grows distribution capabilities with Cambrian Solutions acquisition
This marks Maroon Group’s 10th add-on acquisition and significantly extends the company’s North American footprint....
By Adam Burroughs
September 23, 2019
Startups Must Not Abuse The Concept Of Patience
As business leaders, let's identify where patience has become the wolf in sheep's clothing and make it the prominent theme for innovation again, writes Axuall's Charlie Lougheed....
By Charlie Lougheed
September 20, 2019
ScaleCo Strives To Change The PE Model
Brendan Anderson launched ScaleCo to be more of a partner in scaling lower-middle-market businesses, using a permanent capital investment model to develop sustainable growth platform companies....
By Mark Scott
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
Home Serve USA Buys Fred's Home Services
The acquisition is the fifth acquisition in the last year for HomeServe, including the December purchase of Elyria-based Geisel Heating, Air Conditioning & Plumbing Inc....
By Michael Marzec
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 18, 2019
Indago Raises Another $1 Million
The company previously raised $4.5 million of venture funding in June and in 2018 raised $5.5 million from "40 physician champions."...
By Michael Marzec
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 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 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 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 11, 2019
Covia closes Winchester and Western Railroad sale
Covia, a provider of mineral-based and material solutions for the industrial and energy markets, has closed on the sale of the Winchester and Western Railroad to an affiliate of OmniTRAX, Inc....
By Adam Burroughs
September 11, 2019
Frontier Adjusters Bought By UK's Davies Group
Independence-based Merry Meeting Group has sold its Frontier Adjusters Inc. claims adjusting business to Davies Group of London....
By Michael Marzec
September 10, 2019
Riverside sells RE Panels
The Riverside Co. has sold RE Panels S.A., parent company of EPCO and TECSEDO, to THI Investments....
By Adam Burroughs
September 10, 2019
Blue Point exits Hilsinger
Blue Point Capital Partners has exited The Hilsinger Co., which was a Blue Point III portfolio company....
By Adam Burroughs
September 10, 2019
How MCM Capital Looks At Acquisitions
Senior Managing Partner Mark Mansour takes us inside his approach for evaluating investment opportunities at MCM Capital....
By Mark Scott
September 9, 2019
TPA Stream raises $1.4M
TPA Stream, a Cleveland-based provider of health care benefits automation, has closed a $1.4 million seed funding round, led by North Coast Angel Fund....
By Adam Burroughs
September 9, 2019
Huron Capital Combines Northwest Pallet, Prime Woodcraft
Detroit-based Huron Capital has made an additional equity investment in Northwest Pallet Holdings LLC, combining its pallet solutions platform company with Brunswick, Ohio-based Prime Woodcraft Inc. The combined company will be headquartered in Schaumburg, Illinois...
By Mark Scott
September 6, 2019
Wind Point to buy Callery from Edgewater Capital
Chicago PE firm Wind Point Partners and Ascensus Specialties LLC have agreed to acquire Butler County’s Callery LLC, a global producer of boranes and specialty alcoholates, from Cleveland PE firm Edgewater Capital Partners....
By Jayne Gest
September 6, 2019
Kaulig Companies buys ASTR Sports Agency, forms Kaulig Sports & Entertainment
Kaulig Companies has acquired ASTR Sports Agency and hired ASTR founder, Jim Walter, as president of the newly formed Kaulig Sports & Entertainment....
By Adam Burroughs
