Cleveland - Articles
August 23, 2019
Park Place's Entuity Deal Marks Shifting Strategy
On his way to shifting Park Place Technologies' M&A strategy with a tricky deal to buy Britain's Entuity, Chris Adams takes a lesson from Microsoft’s Satya Nadella...
By Mark Scott
August 22, 2019
ACG's John Grabner: Recession Talk Not Slowing Down Pace Of Dealmaking
The president of the Cleveland Chapter of the Association for Corporate Growth talks about some of the trends affecting dealmaking activity in Northeast Ohio....
By Mark Scott
August 22, 2019
Compass Self Storage buys Pittsburgh location
Compass Self Storage, a member of the Amsdell family of companies, has acquired Shaler Self Storage in Allison Park. This transaction marks the Cleveland company’s fourth location in the Greater Pittsburgh area and its 90th location nationwide....
By Jayne Gest
August 22, 2019
For Startups, Value Attracts Funding
Focusing all your attention on fundraising can actually make it harder to close your next funding round if it distracts you from creating the value investors want, writes JumpStart's Jerry Frantz....
By Jerry Frantz
August 20, 2019
Beese Fulmer, MacNealy Hoover merge
Beese Fulmer Private Wealth Management and MacNealy Hoover Investment Management will merge and Beese Fulmer will become custodian of MacNealy Hoover clients' accounts....
By Adam Burroughs
August 20, 2019
Blue Point Capital buys VRC Holdings
Blue Point Capital Partners has acquired its fifth Blue Point IV platform investment, VRC Holdings Inc., a value-added manufacturer of custom molded rubber, plastic and sealing components....
By Adam Burroughs
August 20, 2019
Hickory Asset Management bought by Bluespring Wealth Partners
Hickory Asset Management Inc. based in Concord, is being acquired by Bluespring Wealth Partners LLC, a new business focused on acquiring experienced registered investment adviser and wealth management firms....
By Adam Burroughs
August 20, 2019
Avalon Precision Casting bought by Sigma Electric
Avalon Precision Casting is being acquired by Sigma Electric Manufacturing Corp., a manufacturer of ferrous and non-ferrous castings....
By Adam Burroughs
August 19, 2019
PolyOne sells its Performance Products and Solutions business
PolyOne Corp. is selling its Performance Products and Solutions business to SK Capital Partners for $775 million in cash....
By Adam Burroughs
August 19, 2019
Chemtron bought by Kinderhook Industries
Avon’s Chemtron Corp. has been acquired by Kinderhook Industries LLC from CapitalWorks. Chemtron represents Kinderhook’s eighth environmental services platform since inception....
By Adam Burroughs
August 19, 2019
Foundation Investment Partners invests in W.A. Jones
Foundation Investment Partners, a Cleveland-based private equity firm, has recapitalized W.A. Jones, a leading distributor and upfitter of truck equipment....
By Adam Burroughs
August 19, 2019
Swiss firm to buy North American Dental Group
Jacobs Holding AG, a Zurich investment firm, has reached an agreement with Boston’s Abry Partners, Cleveland’s The Riverside Co., and co-founders Ken Cooper and Dr. Andrew Matta, to acquire Pittsburgh-headquartered North American Dental Group....
By Jayne Gest
August 16, 2019
VentureOhio’s Tabs Top 50 Startups To Watch
Columbus’ startup culture is bustling, with 24 Central Ohio companies called out by VentureOhio in its 2019 list of Ohio’s top 50 most promising startups. Northeast Ohio has 10 startups on the list....
By Jayne Gest
August 16, 2019
Investors Seek Startup CEOs Who Are Willing To Take Risks
Early-stage entrepreneurs who are willing to put it all on the line to build a business are held in high regard by investors — even if they ultimately fail, says StartInCLE founder Ed Buchholz....
By Mark Scott
August 15, 2019
Macedonia’s Sunless bought by Castle Harlan after Riverside exit
Sunless Inc., a Macedonia-based manufacturer and marketer of spray tanning equipment and related accessories, has been acquired by New York private equity firm Castle Harlan Inc. The seller was Cleveland-based private equity firm The Riverside Co....
By Adam Burroughs
August 14, 2019
Applied Industrial Technologies to buy Olympus Controls
Applied Industrial Technologies is set to acquire Olympus Controls Corp., an automation solutions provider of motion control, machine vision and robotic technologies....
By Adam Burroughs
August 12, 2019
RVI sells West Allis Center for $18M
Retail Value Inc. has closed on the sale of West Allis Center in West Allis, Wisconsin, near Milwaukee, for $18.1 million....
By Adam Burroughs
August 12, 2019
Selling Your Business Can Be An Exhausting Process
For founder Howard Lewis, the act of selling Family Heritage Life was ultimately positive as it gave him the opportunity to pursue other passions in his life. But it was also exhausting....
By Mark Scott
August 7, 2019
How To Walk Away, But Leave The Door Open
When a deal falls apart, it’s natural to be frustrated. In his latest Dealmaker Insider column, Michael Feuer explores why it’s always wise to temper your response in these situations....
By Michael Feuer
August 7, 2019
Dominic DiPuccio: Keep Your Eyes On The Prize
Deal attorney Dominic DiPuccio talks about prioritizing what's important and what's not when buying or selling a company....
By Mark Scott
August 7, 2019
Anheuser-Busch Buys Platform Beer
Anheuser-Busch InBev has acquired Cleveland-based craft brewer Platform Beer Co. Terms of the deal were not disclosed.Platform, founded by Paul Benner and Justin Carson in 2014 as a homebrew-inspired...
By Michael Marzec
August 7, 2019
TransDigm sells Esterline Interface Technologies group of businesses
TransDigm Group Inc. is selling its Esterline Interface Technologies group of businesses to an affiliate of KPS Capital Partners for approximately $190 million....
By Adam Burroughs
August 6, 2019
NewRez, Shelter Mortgage, Russell Real Estate form Your Home Financial joint venture
NewRez LLC, Shelter Mortgage Co. LLC and Russell Real Estate Services form a joint venture called Your Home Financial....
By Adam Burroughs
August 6, 2019
Hawk Measurement America, FLO-CORP merge
Hawk Measurement America LLC and Medina’s FLO-CORP, leading manufacturers and suppliers of advanced process instrumentation and cloud-based monitoring technology, have merged....
By Adam Burroughs
August 6, 2019
Olympic Steel buys EZ-Dumper assets
Olympic Steel Inc. has acquired certain assets related to the manufacturing of the EZ-Dumper hydraulic dump inserts as part of its growth and diversity strategy....
By Adam Burroughs
August 6, 2019
Park Place Technologies to buy Entuity
Park Place Technologies is set to acquire Entuity, a global network performance monitoring software company with offices in Boston and London....
By Adam Burroughs
August 5, 2019
New Media Investment Group To Buy Gannett, Take Name In $1.38B Deal
Upon closing, the deal would create the nation’s largest newspaper chain, as Gannett would own 263 daily newspapers across 47 states and Guam, as well as USA Today....
By Mark Scott
August 5, 2019
Agile Networks purchased; NCT Ventures exits
InSite Wireless Group LLC acquired a majority interest in Agile Networks, a provider of telecommunications solutions based in Canton. Agile’s largest stakeholder, Columbus VC firm NCT Ventures, exited in the deal....
By Jayne Gest
August 2, 2019
Elyria’s Midway Mall acquired by Industrial Commercial Properties
Industrial Commercial Properties LLC has acquired the 18-acre Dillard’s site at Midway Mall in Elyria, according to a press release from the City of Elyria Mayor’s Office. Earlier this year ICP purchased the Sears building and Sears Auto Center located on 17 acres on the western edge of the property....
By Adam Burroughs
August 1, 2019
Riverside buys into Sullivan Data Management
The Riverside Co. has invested in Sullivan Data Management as an addition to the Logically platform....
By Adam Burroughs
August 1, 2019
Genstar Capital to acquire majority stake in OEConnection
Richfield’s OEConnection LLC, an automotive technology provider for OEM distribution networks, Providence Equity Partners L.L.C. and San Francisco private equity firm Genstar Capital are pursuing an agreement under which Genstar will acquire a majority stake in OEC from funds advised by Providence....
By Adam Burroughs
August 1, 2019
MobilityWorks buys Mobility Supercenter, adding four locations
MobilityWorks, a wheelchair-accessible van retailer, is adding four new locations with its acquisition of Mobility Supercenter....
By Adam Burroughs
July 31, 2019
MRI Software buys ProLease
Real estate software solutions provider MRI Software has acquired ProLease in a deal expected to support continued growth across all geographic markets and add a sizeable install base of marquee occupier clients in North America....
By Adam Burroughs
July 30, 2019
The Behavioral Side Of Investing
AdCap Management Chief Investment Officer Chaya Slain explores the human side of investing and shares what she has learned to minimize mistakes....
By Mark Scott
July 30, 2019
Parker Hannifin set to buy Exotic Metals Forming for $1.7B
Parker Hannifin Corp. is set to acquire Exotic Metals Forming Company LLC for $1.725 billion in cash....
By Adam Burroughs
July 30, 2019
Family Care Path Raises Angel Round
Cleveland-based Family Care Path, a 2016 spin-out company from Cleveland Clinic Innovations, has raised $600,000 of angel funding from undisclosed investors....
By Michael Marzec
July 30, 2019
Tom Ferkovic: Assessing Deal Opportunities In Health Care
Thomas Ferkovic, CEO of Medic Management Group, talks about dealmaking in health care, both from the perspective of the physician and the potential investor....
By Mark Scott
July 26, 2019
Maroon Group buys Amsyn
The national distributor of specialty chemicals to the coatings, lubricants, nutraceutical, pharmaceutical, and electronics industries will continue to be led by current management....
By Adam Burroughs
July 26, 2019
Collaboration Drives Momentum In Cleveland’s Startup Community
JumpStart CEO Ray Leach has been focused on urgency of late in his assessment of Northeast Ohio’s startup community....
By Mark Scott
July 23, 2019
Vail Resorts buys 17 U.S. ski areas for $264 million
The acquisition includes 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....
By Adam Burroughs
July 23, 2019
GTCR sells Park Place Technologies stake to Charlesbank Capital
Since GTCR's acquisition in 2015, Park Place has achieved strong organic growth by expanding its salesforce and technical capabilities and entering new international markets....
By Adam Burroughs
July 23, 2019
Eaton to buy TransDigm’s Souriau-Sunbank business for $920M
The French manufacturer of highly engineered electrical interconnect solutions for harsh environments reported sales of $363 million for the year ending June 30....
By Adam Burroughs
July 23, 2019
Selling Your Business: Take Time To Do It Right
Spectrum Diversified Designs founder Sheldon Goodman talks about the process he followed to find the right buyer and the importance of having industry experts in your corner who can guide you to a more informed decision....
By Mark Scott
July 22, 2019
ATI completes Cast Products sale to CPP
Allegheny Technologies has completed the sale of its Cast Products business as it continues to focus on materials science and advanced process technologies....
By Jayne Gest
July 19, 2019
How To Leverage Your Banker, Even Without Using Debt
Wes Gillespie, ErieBank’s regional president for the Cleveland market, talks about the bank’s role in the acquisitions process and how lenders can be a valuable M&A partner, even if you’re not using debt to finance your acquisition....
By Mark Scott
July 18, 2019
Eaton completes Switchgear deal
Power management company Eaton has completed the acquisition of Innovative Switchgear Solutions Inc., a specialty manufacturer of medium-voltage electrical equipment serving the North American utility, commercial and industrial markets. Terms of the transaction were not disclosed....
By Adam Burroughs
July 16, 2019
Lubrizol buys Bavaria Medizin Technologie
This acquisition is intended to build on Lubrizol’s expertise in precision thermoplastic extrusion and product development....
By Adam Burroughs
July 16, 2019
Michael Canty: Quit Whining And Go Make Some Money
Turnaround CEO Michael Canty talks about his approach to making deals in tough situations and the value of staying true to your convictions....
By Mark Scott
July 16, 2019
Convelo Therapeutics agreement with Genentech opens door to acquisition
Convelo Therapeutics Inc., a Cleveland-based biotechnology company, has entered into an exclusive worldwide collaboration with Genentech, a member of the Roche Group. Through the deal, Genentech retains an exclusive option to acquire Convelo....
By Adam Burroughs
July 11, 2019
Brennan Industries buys Miric Engineering
Cleveland’s Brennan Industries Inc. has acquired Miric Engineering, a Nottingham, UK-based manufacturer of standard and special fittings and adapters....
By Adam Burroughs
