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September 18, 2020
Deb May on letting go of her family business, Wholesale Supplies Plus
Deb May, founder and now-retired owner of Wholesale Supplies Plus, sold her business last year and stepped away from the company. She talks about her preparation and the difficulty of letting go....
By Adam Burroughs
September 16, 2020
Thoma Bravo completes acquisition of Foundation Software
Private equity investment firm Thoma Bravo has completed its acquisition of Foundation Software....
By Adam Burroughs
September 16, 2020
The Riverside Co. makes three investments
The Riverside Co. has invested in Germany-based Evint, Life Sciences Training Institute and has provided Black Rock Coffee Holdings a senior secured lending facility....
By Adam Burroughs
September 15, 2020
Mpac Group plc acquires Switchback Group
Mpac Group plc, has acquired the entire issued share capital of Switchback Group Inc....
By Adam Burroughs
September 15, 2020
Shiloh Enters Into Stalking Horse Deal For Sale, Files Chapter 11
Shiloh Industries Inc. has entered into a stalking horse stock and asset purchase agreement with Grouper Holdings LLC....
By Adam Burroughs
September 14, 2020
Team Wendy set to be acquired by Avon Rubber for $130M
At the close of the transaction, Team Wendy will operate as a subsidiary of Avon from the company's current headquarters in Cleveland....
By Adam Burroughs
September 14, 2020
NovAccess Global Acquires StemVax Therapeutics from Innovest Global
The transaction structure features the issuance of 7.5 million common restricted shares of NovAccess Global stock to Innovest Global as consideration....
By Adam Burroughs
September 14, 2020
Corrective Eye Center acquired by EyeCare Partners
Corrective Eye Center, an ophthalmology group based inNortheast Ohio, has been acquired by EyeCare Partners....
By Adam Burroughs
August 14, 2020
Chrissy Wostmann Talks New Partners, Next Stages For n2y
Chrissy Wostmann talks about the transition to a new majority private equity sponsor, the vetting process, and gives her take on M&A opportunities in today’s market....
By Adam Burroughs
August 13, 2020
WRL buys Keystroke Media
WRL Advertising LLC, a marketing and design firm, has purchased local web development company, Keystroke Media Inc....
By Adam Burroughs
August 13, 2020
Ace Products & Consulting acquires Geoanalytical Inc.
By acquiring GEOAnalytical, ACE Products & Consulting expands its services into a new market, while growing its current offering within the rubber and silicone market....
By Adam Burroughs
August 13, 2020
Align Capital Partners acquires Electronic Transaction Consultants
The partnership with ACP is expected to help grow ETC's existing portfolio and help the company expand into adjacent markets....
By Adam Burroughs
August 11, 2020
Marsh Industries acquired by PolyVision
Marsh Industries will operate as an independent brand and continue to focus on board manufacturing for their existing product lines....
By Adam Burroughs
August 11, 2020
Pipeline Packaging Acquires Houston Based HAZMATPAC, Inc.
Pipeline Packaging, a distributor of rigid industrial containers, has acquired HAZMATPAC Inc., a manufacturer and distributor of packaging containers for the transport of hazardous materials....
By Adam Burroughs
August 10, 2020
Thoma Bravo acquires Foundation Software
As part of the transaction, Founder & CEO Fred Ode will maintain a minority ownership in the company....
By Adam Burroughs
August 10, 2020
Adcon Engineering acquired by ACD
The acquisition is said to offer tremendous synergies between the companies and a strong product portfolio for continued growth in the Ohio market....
By Adam Burroughs
August 6, 2020
MRI Software Buys MacMunnis
Solon-based MRI Software has acquired Chicago-based MacMunnis Inc., a provider of lease administration solutions to businesses managing complex lease portfolios....
By Michael Marzec
August 3, 2020
7-Eleven set to acquire Speedway
As part of the agreement, 7-Eleven will acquire approximately 3,900 Speedway stores located in 35 states, for $21 billion in cash....
By Adam Burroughs
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
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 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 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 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 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
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 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
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
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
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 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 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 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 10, 2020
Chemtron buys Vexor Technology
Avon-headquartered Chemtron Corp., a portfolio company of Kinderhook Industries LLC, has acquired Vexor Technology LLC, a regional provider of non-hazardous waste processing services and alternative energy solutions located in Medina....
By Jayne Gest
June 9, 2020
NY-Based KKR Completes Deal To Buy OverDrive
OverDrive, a digital reading platform for libraries and schools, announced the completion of its acquisition by KKR, a New York-based global investment firm. In December 2019, KKR announced that it had agreed to acquire OverDrive from Rakuten....
By SBN Staff
June 8, 2020
Materion Agrees To Buy Optics Balzers In $160M Deal
With this acquisition, Materion intends to further accelerate its transformation into a global advanced materials solutions provider and significantly expand its geographic reach, extending beyond its core of North America to include Europe and Asia....
By SBN Staff
June 8, 2020
MRI Completes Deal To Buy UK-Based Castleton Technology
MRI’s acquisition of Castleton, along with that of Orchard Information Systems in March, extends its offering in the social housing market in the UK, Ireland and Australia. The combination is intended to boost MRI’s ability to empower social housing providers to adopt digital innovations and customer-centric technologies, while accelerating the development of cloud-based solutions for the sector....
By SBN Staff
