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April 4, 2024
Cleveland Deal Activity: Resurfacing of financial sponsors as both buyers, sellers
Because of the record levels of uninvested capital from record levels of fundraising by private equity groups over the past three years, financial sponsors are expected to be more aggressive and active on the buy side in 2024. ...
By Anthony Melchiorre
April 4, 2024
How to Maximize PE Value Creation by Better Assessing Growth Potential in Due Diligence
Chief Outsiders Managing Partner, Private Equity, Slade Kobran outlines and approach to value creation that starts in due diligence....
By Slade Kobran
April 4, 2024
Metro Toyota Sells To Victory Automotive Group
Metro Toyota has sold to Michigan based Victory Automotive Group. The dealership will now be called Victory Toyota of Brook Park....
By SBN Staff
April 3, 2024
Fleet Team Acquires Forklift Training System
Fleet Team, fleet management and consulting company focused on optimizing logistics for facilities across a diverse market base in Independence, acquired Forklift Training Systems, headquartered in Newark, Ohio....
By SBN Staff
April 3, 2024
BGL sells CLX Logistics to Quantix
Brown Gibbons Lang & Company has sold CLX Logistics to Quantix....
By SBN Staff
April 3, 2024
Eyring Movers acquires Dussault Moving Co.
Eyring Movers, a leading provider of top-notch relocation and moving solutions, acquired Dussault Moving Co., founded in 1961....
By SBN Staff
April 2, 2024
Sequoia Financial Group Acquires Houston-based AltruVista
Sequoia Financial Group LLC, a leading SEC-registered wealth manager with more than $18 billion in assets under management as of March 31, 2024, acquired AltruVista, LLC, an SEC-registered investment advisor that provides independent and holistic financial planning and asset management services to high-net-worth clients....
By SBN Staff
April 1, 2024
GE HealthCare closes MIM Software acquisition
Less than three months after signing an agreement to acquire MIM Software Inc., GE HealthCare Technologies Inc. (Nasdaq: GEHC) announces the acquisition’s close and addition of MIM Software’s imaging analytics and digital workflow solutions as a part of its leading global medical technology, pharmaceutical diagnostics, and digital portfolio....
By SBN Staff
March 28, 2024
Vance Street Capital Partners with Keltec Technolab
Vance Street Capital is partnering with the management team of Keltec Technolab Inc. to support the business during the next chapter of its growth....
By SBN Staff
March 20, 2024
Further Acquires Pandata
Further, a leading data, cloud, and AI company focused on helping companies turn raw data into the right decisions, has acquired Pandata, a renowned company specializing in AI design and development....
By SBN Staff
March 7, 2024
AI Trends for the Progressive CEO: Navigating the Transformative Landscape
Chief Outsiders' Ed Valdez and Angus Robertson rank the eight most important factors in the AI scene to pay attention to right now....
By Ed Valdez and Angus Robertson
February 29, 2024
Find Advisors Who You Trust With Your Life
Speedeon Data's Gerard Daher on the importance of advisors and mentors as he prepares for an exit....
By Adam Burroughs
February 28, 2024
McGowan Acquires Assets of Parks Plus Underwriting Agency LLC & Intersure Insurance Brokers Corp.
The McGowan Companies has acquired the assets of Parks Plus Underwriting Agency, LLC and Intersure Insurance Brokers Corp....
By SBN Staff
February 21, 2024
BGL Handles Sale of Arctic Industries, Store It Cold to Kinzie Capital
Brown Gibbons Lang & Company (BGL) has sold Arctic Industries and Store It Cold, a portfolio company of Stoic Holdings, to Kinzie Capital Partners LP, a private equity firm based in Chicago....
By SBN Staff
February 20, 2024
Society Brands Acquires Brands Clarifion, Cleanomic
Society Brands, a tech-enabled consumer products company built for and by founders, acquires two Orange County, Calif.-based brands, Clarifion and Cleanomic....
By SBN Staff
February 20, 2024
SEAM Group to Be Acquired by ABB
SEAM Group has entered into an agreement to be acquired by ABB, a global technology leader in electrification and automation....
By SBN Staff
February 19, 2024
Borgman Capital Partners with Technical Products Inc.
Private equity firm Borgman Capital has partnered with Technical Products, Inc., a customer-focused, regional chemical distributor headquartered in Cleveland, Ohio....
By SBN Staff
February 7, 2024
CBIZ Acquires Erickson, Brown & Kloster LLC
CBIZ, Inc., a provider of financial, insurance and advisory services, has acquired tax and accounting service provider, Erickson, Brown & Kloster, LLC (EBK), of Colorado Springs, CO....
By SBN Staff
February 2, 2024
Medical Mutual Signs Agreement to Acquire Paramount Health
Medical Mutual recently announced its intent to purchase Paramount Health, a Northwest Ohio-based health insurance company owned by ProMedica. Paramount, which offers Medicare Advantage, Individual...
By Staff Reports
February 2, 2024
Scene Acquired by Great Lakes Publishing
Great Lakes Publishing proudly announces it has purchased Cleveland Scene, strengthening its commitment to local, high-quality, Cleveland-based content on all platforms. “Cleveland Scene is long known...
By Staff Reports
February 2, 2024
KODIS Acquires Empire Freight Logistics to Strengthen and Diversify Service Offering
KODIS Holdings, a collection of niche logistics companies, completed the acquisition of Syracuse-based Empire Freight Logistics. This is KODIS' most recent acquisition since purchasing Tomball,...
By Staff Reports
February 2, 2024
Cyprium Completes Investment in OneroRx
Cyprium Partners announced it has completed its 100th platform investment, providing debt and equity to OneroRx Inc, headquartered in West Des Moines, Iowa. OneroRx provides integrated pharmacy...
By Staff Reports
February 2, 2024
Electronic Merchant Systems Expands with Acquisition of LA-based PaymentCloud
Electronic Merchant Systems (EMS), a payment technology provider, announced the acquisition of Los Angeles-based PaymentCloud. For EMS, this deal further strengthens its distribution channels. It...
By Staff Reports
February 2, 2024
Digital Print Solutions Acquires Americas Print Show
Digital Print Solutions (DPS) announced the acquisition of the Americas Print Show (APS), ushering in a new era for print and graphics events. Effective immediately, DPS will assume reins of the 2024...
By Staff Reports
February 2, 2024
Athersys files for bankruptcy, sells assets to Healios
A failed attempt in the fall to salvage Athersys following an unsatisfactory trial of an ischemic stroke cell therapy, led the biotech to sell all assets to Healios and file for bankruptcy. In...
By Staff Reports
February 2, 2024
GE HealthCare announces agreement to acquire MIM Software
GE HealthCare announced it entered into an agreement to acquire MIM Software, a global provider of medical imaging analysis and artificial intelligence (AI) solutions for the practice of radiation...
By Staff Reports
February 2, 2024
Cardinal Health to acquire Specialty Networks and its PPS Analytics platform
Cardinal Health announced it has entered into a definitive agreement to acquire Specialty Networks, a technology-enabled multi-specialty group purchasing and practice enhancement organization for...
By Staff Reports
February 1, 2024
Know Your Buyer's Intentions When Selling
SupplySide Group's Ansir Junaid on the importance of understanding the different buyer types and what they mean for your business post-sale....
By Adam Burroughs
January 19, 2024
Cavs CEO Nic Barlage On Creating A Winning Culture
Nic Barlage, CEO of the Cleveland Cavaliers and Rock Entertainment Group, discusses talent acquisition and development, building a winning culture, and the importance of leadership on the Smart Business Dealmakers Podcast....
By Michael Marzec
January 18, 2024
Tune Your PE Growth Engine With These 4 Principles
Chief Outsiders columnist Jack Bowen outlines how to optimize portfolio-company performance and maximize growth opportunities....
By Jack Bowen
January 5, 2024
MAI Capital Management Acquires R. Karras Asset Management & Planning
MAI Capital Management, LLC, a registered investment adviser specializing in comprehensive investment and financial planning for high-net-worth individuals and families, announced the acquisition of...
By Staff Reports
January 5, 2024
Weinberg Capital Group announces Recapitalization of Salt River Aviation
Weinberg Capital Group announced the acquisition of Salt River Aviation, a niche provider of Auxiliary Power Units ("APU"), APU teardown and disassembly services, APU subcomponents, and other airframe...
By Staff Reports
January 5, 2024
Society Brands Acquires Akron-Based Primal Life Organics
Society Brands, a tech-enabled consumer products company built for and by founders, has partnered with fellow Northeast Ohio-based Primal Life Organics, an established purveyor of personal care...
By Staff Reports
January 5, 2024
ParkOhio Completes Sale of Aluminum Products Business
Park-Ohio Holdings Corp. announced it has successfully completed the divestiture of its Aluminum Products business to Angstrom Automotive Group effective Dec. 29, 2023, for approximately $50 million...
By Staff Reports
January 5, 2024
Ascent Industries Sells Specialty Pipe & Tube for $55 Million
Ascent Industries Co., an industrials company focused on the production and distribution of industrial tubular products and specialty chemicals, announced the sale of the business of Specialty Pipe &...
By Staff Reports
January 5, 2024
Myers Industries Announces Acquisition of Signature Systems
Myers Industries, Inc., a leading manufacturer and distributor of industrial products, announced it has entered into an Agreement and Plan of Merger through which it will acquire Signature Systems, a...
By Staff Reports
January 5, 2024
Exploring Capital Options In A Challenging Market
Working within the commercial real estate space, Spencer Pisczak, president and founding Member of Premier Development Partners, says the current climate is in many ways a challenge. "The big problem...
By Adam Burroughs
December 15, 2023
Cleveland Deal Activity: Cultural Fit Matters
One of the most critical aspects of a successful transaction is cultural fit. There are several reasons it matters. Here are a few that can determine success or failure....
By Al Melchiorre
December 15, 2023
M7 Holdings, LLC Acquires Harwood Rubber Products, Inc.
M7 Holdings, LLC, a family investment office, is pleased to announce the acquisition of Harwood Rubber Products, Inc., effective November 30, 2023. The Cuyahoga Falls-based company specializes in...
By Staff Reports
December 15, 2023
Ulmer and Greensfelder to Merge, Creating Am Law 200 Law Firm
Ulmer & Berne LLP and Greensfelder Hemker & Gale PC announced their respective firms have approved a combination, creating a super-regional firm focused in the Midwest. With complementary business and...
By Staff Reports
December 15, 2023
CD&R to Acquire Shearer’s Foods
Clayton Dubilier & Rice announced it has entered into a definitive agreement for funds it manages to acquire Shearer’s Foods, a contract manufacturer and private label supplier serving the snack...
By Staff Reports
December 15, 2023
Mansour Gavin And Climaco Wilcox To Join Forces
Mansour Gavin LPA and Climaco, Wilcox, Peca & Garofoli Co., LPA announced Climaco Wilcox attorneys Dennis R. Wilcox, Patricia M. Ritzert, and Scott D. Simpkins are joining Mansour Gavin effective as...
By Staff Reports
December 1, 2023
Why Deals Fall Apart + Reason For Caution With Earn Outs
The Riverside Company's Cheryl Strom on why most deals fall apart, as well as why sellers should use caution when earn outs are part of a deal....
By Adam Burroughs
November 30, 2023
McGowan Acquires Assets of Protexure Insurance Agency Inc
The McGowan Companies has acquired the assets of Protexure Insurance Agency, Inc....
By Adam Burroughs
November 22, 2023
Manhattan Psychology Group Joins ARC Health
ARC Health, a Thurston Group portfolio company, has acquired Manhattan Psychology Group, PC...
By Adam Burroughs
November 21, 2023
NAKS Inc. Acquires Stainless Specialties Inc.
North American Kitchen Solutions, Inc., a foodservice equipment manufacturer headquartered in Elyria, OH, has acquired Stainless Specialties, Inc....
By Adam Burroughs
November 17, 2023
Dix & Eaton Acquires St. Louis-based Standing Partnership
Dix & Eaton, the 71-year-old strategic communications firm, announced the acquisition of Standing Partnership, a 32-year-old, St. Louis-based marketing communications consultancy. The acquisition...
By Staff Reports
November 17, 2023
Chas. E. Phipps Company Buys Machinery & Tool Rentals
Hahn Loeser announced its client, The Chas. E. Phipps Company purchased an existing business for the first time in its century-long history. Its new Columbus branch continues to operate as Machinery &...
By Staff Reports
November 17, 2023
BGL Announces the Sale of Fielding Environmental to GFL Environmental Inc.
Brown Gibbons Lang & Company (BGL) announced the sale of Fielding Environmental (Fielding), a fully integrated environmental solutions provider, to GFL Environmental Inc., the fourth-largest...
By Staff Reports
November 17, 2023
Elmet Technologies Acquires H.C. Starck Solutions Americas
Elmet Technologies, the only fully integrated, U.S. owned and operated tungsten and molybdenum manufacturer, announces the successful closing of its acquisition of H.C. Starck Solutions Americas, a...
By Staff Reports
