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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