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June 29, 2022
Relationships, communication smooth MedPilot, Vytalize deal
Vytalize Health's Kevin Murphy and Matt Buder Shapiro on the deal, how it came to be and where the combined companies go from here....
By Adam Burroughs
June 29, 2022
Logically Acquires Cornerstone IT
Logically, one of the nation’s fastest growing managed service providers (MSP), has acquired Cornerstone IT, a highly-regarded full-service IT Managed Services Provider. ...
By Adam Burroughs
June 29, 2022
The Riverside Company Makes Non-Control Investment In Apollo Interactive
The Riverside Company, a global private equity investor focused on the smaller end of the middle market, has made a non-control investment in Apollo Interactive. ...
By Adam Burroughs
June 28, 2022
MAI Capital Management Acquires Winfield Associates
MAI Capital Management, LLC, a registered investment adviser specializing in comprehensive investment and financial planning for high-net-worth individuals, families, professional athletes and entertainers, has acquired Winfield Associates. The acquisition adds talent to MAI’s financial planning and investment teams at its headquarters in Cleveland....
By Adam Burroughs
June 28, 2022
Fello Secures $25M
Fello, the first-agent-led iBuyer, has secured $25 million in a combination of debt and equity. This new funding will help Fello scale its mission of empowering all agents with an iBuying solution and providing home sellers with a seamless, trusted experience. ...
By Adam Burroughs
June 27, 2022
Marcus Thomas Acquires ROInsights
Independent agency Marcus Thomas has acquired leading Cincinnati-based analytics firm ROInsights to bolster its data and analytics offerings. The move adds a deep bench in business analytics, data visualization, database integration and technical consultation to the venerable and award-winning agency’s suite of integrated services. ...
By Adam Burroughs
June 27, 2022
Centerline Biomedical Raises $33M Series B
Centerline Biomedical, Inc., a private medical technology company, has closed $33 million Series B equity financing led by Cleveland Clinic with participation by GE Healthcare, RIK Enterprises, JobsOhio, Jumpstart Ventures and G2 Group Ventures....
By Adam Burroughs
June 22, 2022
Internal, external factors to consider ahead of a deal
Malachite Innovations Inc.'s Michael Cavanaugh, Barnes Wendling CPAs' Laurie Gatten, Protegis Fire & Safety's Steve DeJohn and Ulmer & Berne's Ilir Pipa on how to analyze your company’s deal readiness and determine the best course for your company’s future....
By Adam Burroughs
June 22, 2022
Riverside Sells Brookson to People2.0
The Riverside Company has divested its interest in Brookson Group Limited through a sale to People2.0...
By Adam Burroughs
June 22, 2022
Unify Jobs Raises $4.5M
Unify Jobs, an equitable hiring technology company, has raised a $4.5M seed round led by North Coast Ventures with participation from Jumpstart and several other well-established Cleveland-based investors....
By Adam Burroughs
June 21, 2022
Bell Buckle Holdings Merges With Jump Start Sports
Bell Buckle Holdings, Inc. has completed a merger with Jump Start Sports, a leading provider of youth sports programs in the United States....
By Adam Burroughs
June 21, 2022
Align Capital Partners Invests In Schneider Geospatial
Align Capital Partners is recapitalizing Schneider Geospatial, LLC, a SaaS provider of public access land management software and recurring support services to state and local governments. ...
By Adam Burroughs
June 21, 2022
Park Place Technologies Acquires Riverstone Technology
Park Place Technologies, the leading global data center and networking optimization firm, has acquired Riverstone Technology, a third-party maintenance, support provider based in Atlanta...
By Adam Burroughs
June 17, 2022
Overcoming Great Day's Early Challenges Hinged On The Team
Blue Olive Partners Executive Chairman Ed Weinfurtner on building the family of Great Day brands. ...
By Adam Burroughs
June 16, 2022
MRI Software To Acquire PropertySuite
Global PropTech leader MRI Software has entered into an agreement to acquire New Zealand-based PropertySuite, an innovative, cloud-based PropTech solution that integrates relationship management, print and digital media and marketing management, and transaction and financial management into one platform for real estate agencies....
By Adam Burroughs
June 14, 2022
Sweeping Corporation of America Acquires J & M Sweeping
Sweeping Corporation of America, the largest power sweeping company in the United States, acquired J & M Sweeping, LLC. J&M, located in Middle River, Maryland provides sweeping services to commercial customers and property management companies throughout the region....
By Adam Burroughs
June 14, 2022
The Riverside Co Makes Two Investments, Completes Add-On
The Riverside Company has signed a definitive agreement to acquire a majority stake in Montel AS, has invested in CORE Higher Education Group and has completed another add-on to its Red Nucleus platform with an investment in Actando SA...
By Adam Burroughs
June 13, 2022
Cleveland Kitchen Closes $19M Series A, Acquires Sonoma Brinery
Cleveland Kitchen has received a $19M Series A financing led by Amberstone, with participation from existing investor Clover Vitality. The funds will be used to accelerate Cleveland Kitchen's growth in the fresh-fermented foods category, and to complete the acquisition of Sonoma Brinery, a premium pickle manufacturer...
By Adam Burroughs
June 10, 2022
The Role of CFO Post-Acquisition
Resilience Capital Partners Bassem Mansour, TalentLaunch's Matt Lyon, Truist Bank's Andrew Rutherford and RSM's Jeff Rolland on post-acquisition integration and how owners, presidents, and CEOs should approach the CFO role in making sure the deal pays off....
By Adam Burroughs
June 9, 2022
Sherwin-Williams to Acquire Gross & Perthun GmbH
The Sherwin-Williams Company (NYSE: SHW) has an agreement to acquire Gross & Perthun GmbH, a Mannheim, Germany based developer, manufacturer, and distributor of coatings primarily for the heavy equipment and transportation industries. The acquired business has approximately 100 employees and annual sales of approximately $50 million, and will become part of the Sherwin-Williams Performance Coatings Group reportable segment....
By Adam Burroughs
June 6, 2022
The Riverside Company Adds DroneCurriculum.net To Its iCEV Platform
The Riverside Company, a global private equity investor focused on the smaller end of the middle market, has added DroneCurriculum.net to its iCEV platform. DroneCurriculum.net develops drone-related content, curriculum and instructional materials for the K-12 market. ...
By Adam Burroughs
June 3, 2022
CRH To Acquire Barrette Outdoor Living For $1.9B
CRH plc, the global leader in building materials solutions, has reached an agreement with TorQuest Partners and Caisse de dépôt et placement du Québec to acquire Barrette Outdoor Living, Inc., North America’s leading provider of residential fencing and railing solutions for an enterprise value of $1.9 billion, representing an acquisition multiple of c.10x EBITDA pre-synergies....
By Adam Burroughs
June 3, 2022
Energy Focus Executes $3.5 Million Private Placement
Energy Focus, Inc. has entered into definitive securities purchase agreements with certain institutional investors for the issuance and sale of 2,692,310 shares of the company’s common stock....
By Adam Burroughs
June 2, 2022
Felux Raises $19M Series A
Felux, an online B2B marketplace and supply chain platform for steel and other metals, has raised a $19 million Series A to digitize commerce for the industrial supply chain. ...
By Adam Burroughs
June 2, 2022
GEON Performance Solutions Acquires Cary Compounds
GEON Performance Solutions, a global leader in the formulation, development, and manufacture of performance polymer solutions, has acquired Cary Compounds, LLC, based in Manalapan, New Jersey. ...
By Adam Burroughs
June 2, 2022
Economic development challenges, opportunities in Greater Cleveland
Downtown Cleveland Alliance's Michael Deemer, Howard Hanna Real Estate Services' Howard W. "Hoby" Hanna, IV, First National Bank's Jeff Bechtel and K&D's Doug Price helped kickoff the recent Cleveland Smart Business Dealmakers Conference with a roundtable discussing the drivers of economic development in Northeast Ohio....
By Adam Burroughs
June 1, 2022
Myers Industries Acquires Mohawk Rubber Sales of New England Inc.
Myers Industries, Inc. (NYSE: MYE) has acquired the assets of Mohawk Rubber Sales of New England Inc., which was financed with its revolving credit facility. Mohawk Rubber Sales is a leading auto aftermarket distributor with a long standing reputation for quality and service. ...
By Adam Burroughs
May 31, 2022
Align Capital Partners Acquires StenTech
Align Capital Partners has acquired StenTech, the leading provider of surface mount technology stencils, pallets, tooling, and related components to more than 2,000 customers across North America....
By Adam Burroughs
May 31, 2022
Timken Completes Spinea Acquisition
The Timken Company (NYSE: TKR), has completed its previously announced acquisition of Spinea, s.r.o., a European technology leader and manufacturer of highly engineered cycloidal reduction gears and actuators....
By Adam Burroughs
May 27, 2022
B'laster Holdings Acquires Blumenthal Holdings' BBI Division
B'laster Holdings has acquired substantially all assets of Blumenthal Brands Integrated, LLC. Based in Indian Trail, North Carolina – BBI holds GUNK, LIQUID WRENCH and TITESEAL....
By Adam Burroughs
May 26, 2022
How the middle-market M&A scene might play out for 2022
Based on analyst reports and Citizens Annual Middle Market M&A Outlook, 2022 is expected to be another high-paced deal year, says David Dunstan managing director in Citizens M&A Advisory Group....
By Adam Burroughs
May 26, 2022
Byrna Technologies Acquires Fox Labs International Assets
Byrna Technologies Inc. (Nasdaq: BYRN) has acquired the assets of Fox Labs International Inc. Fox Labs, which has been in business for more than 30 years, produces what is arguably the strongest pepper spray on the market today, catering primarily to law enforcement and other security professionals...
By Adam Burroughs
May 26, 2022
Middlefield Banc Corp, Liberty Bancshares To Merge
Middlefield Banc Corp. (NASDAQ: MBCN), the bank holding company for The Middlefield Banking Company, and Liberty Bancshares Inc. (OTC Markets: LBSI), the holding company for Liberty National Bank, have entered into an Agreement and Plan of Reorganization....
By Adam Burroughs
May 26, 2022
Cyprium Completes Subordinated Debt Investment in D.P. Nicoli
Cyprium Investment Partners, a non-control private equity firm, has completed a subordinated debt investment in D.P. Nicoli Inc. ...
By Adam Burroughs
May 25, 2022
Eagle Foods To Acquire Two General Mills Brands
Eagle Foods has entered into a definitive agreement to acquire the Helper main meals and Suddenly Salad side businesses from General Mills, Inc. (NYSE: GIS)....
By Adam Burroughs
May 25, 2022
TransDigm Completes $360M DART Aerospace Acquisition
TransDigm Group Incorporated (NYSE: TDG) has completed its acquisition of DART Aerospace, a portfolio company of Greenbriar Equity Group, L.P., for approximately $360 million. ...
By Adam Burroughs
May 25, 2022
WilliamsMarston Acquires Moffett & Associates
Align Capital Partners’ market leading accounting, tax and valuation advisory firm, WilliamsMarston LLC has acquired Moffett & Associates, a provider of complex corporate tax consulting services to pre-IPO, public and private equity-backed companies....
By Adam Burroughs
May 24, 2022
Bettcher Industries To Acquire Frontmatec From Axcel
Bettcher Industries, a leading manufacturer of protein processing equipment, has signed a definitive agreement under which it will acquire Frontmatec from Axcel. ...
By Adam Burroughs
May 24, 2022
The Riverside Company Acquires Granite Garage Floors
The Riverside Company, a global private equity investor focused on the smaller end of the middle market, has acquired Granite Garage Floors, a franchise company that provides garage floor coatings for residential and commercial customers. ...
By Adam Burroughs
May 23, 2022
BGL To Sell F&M Mafco to AMECO
Brown Gibbons Lang & Company is selling F&M Mafco, a leading distributor of tools and consumable supplies and provider of rental, sales, and service programs, to AMECO, a portfolio company of One Equity Partners. ...
By Adam Burroughs
May 19, 2022
Investment opportunities in Esports
Kohrman Jackson & Krantz's Scott Norcross, along with eFuse's Matthew Benson, Jonathan Sumers of the Cleveland Cavaliers, and Kaulig Capital's Brooke Hradisky, discuss the Esports sector, the investment opportunities there, and how Esports companies are financing growth. ...
By Adam Burroughs
May 19, 2022
SPIRE Academy Acquires FC Evolution
SPIRE is acquiring FC Evolution, a club program based in Cleveland, and will be rebranding the club as SPIRE FC....
By Adam Burroughs
May 16, 2022
The Fedeli Group Acquires Aviation Risk Management Associates
The Fedeli Group, a risk management insurance and employee benefits firm local to the Cleveland area, has acquired Aviation Risk Management Associates to form TFG Aviation Risk Management, LLC. ...
By Adam Burroughs
May 12, 2022
The Riverside Company Invests In PeopleGrove
The Riverside Company, a global private equity investor focused on the smaller end of the middle market, has invested in PeopleGrove, the leading provider of career mentorship and alumni engagement software for higher education institutions. ...
By Adam Burroughs
May 12, 2022
Myers Industries Acquires Rotational Molding Facility From Step2
Myers Industries, Inc. (NYSE: MYE) is increasing its production capacities through the acquisition of the Decatur-based rotational molding manufacturing assets of Step2 Co, LLC for an undisclosed sum....
By Adam Burroughs
May 11, 2022
Sweeping Corporation of America Acquires Indiana Property Services LLC
Sweeping Corporation of America, the largest power sweeping company in the United States, acquired Indiana Property Services, LLC. IPS, located in Indianapolis, IN, provides sweeping services to commercial customers and property management companies throughout the region....
By Adam Burroughs
May 11, 2022
Macro issues change the M&A math
Little Mountain Industries' Jonathan Hatch on the lower-middle-market manufacturing scene and how broader macro issues are affecting the deal math for firms such as his. ...
By Adam Burroughs
May 9, 2022
DSI Acquires SilverHawk Solutions
DSI has completed the acquisition of Bradenton, Florida based Silverhawk Solutions ....
By Adam Burroughs
May 9, 2022
KeyBank Acquires GradFin
KeyBank has acquired GradFin, one of the nation's leading Public Service Loan Forgiveness counseling providers....
By Adam Burroughs
May 6, 2022
Understanding the letter of intent
Signet Enterprises' Anthony Manna talks about the letter of intent. He breaks down a deal at this very early stage, discussing some of the key choices sellers need to make as they take their company to market....
By Adam Burroughs
