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January 20, 2023
STAQ Pharma Expands Operations to Columbus
STAQ Pharma recently raised an estimated $45 Million of Series C venture funding to build a $70 million facility on the West side of Columbus, which will add 300 jobs to the area. Its 503B Outsourcing Facility will produce compounded medications under the Current Good Manufacturing Process (cGMP) quality system, a Federal Drug Administration (FDA) standard. CEO Joe Bagan sat down with Smart Business Network to discuss the capital raises and the new, much larger facility being built in Columbus. ...
By Dan Pender
January 19, 2023
GrayMatter Merges with Phantom Technical Services
Pittsburgh’s GrayMatter announced the expansion of its Industrial Intelligence Platform of industrial technology solution providers with the strategic merger of Columbus, Ohio-based Phantom Technical...
By Dan Pender
January 19, 2023
Capsa Healthcare Acquires of Humanscale Healthcare
Capsa Healthcare, a healthcare delivery solutions provider for hospitals, long-term care, and retail pharmacy providers, announced the acquisition of Humanscale Healthcare, a designer and manufacturer...
By Dan Pender
January 19, 2023
Hy-Tek Holdings Acquires Advanced Handling Systems
Hy-Tek Holdings, a portfolio company of Dunes Point Capital, LP (DPC), has acquired Advanced Handling Systems. Hy-Tek is a material handling automation integrator serving clients in diverse...
By Dan Pender
January 6, 2023
So You Want To Invest In Cannabis ...
Scot Crowe, a governing board member at Dickinson Wright and head of the law firm's private equity practice, on the latest trends in the red-hot cannabis industry. ...
By Adam Burroughs
January 5, 2023
Codex IT Acquires Intranet Consulting
Codex IT, a national leader in healthcare technology solutions and managed services, has acquired Intranet Consulting, Inc, a premier managed services provider based in Salt Lake City, Utah....
By Adam Burroughs
December 28, 2022
Acorn Distributors Acquires Unisan
Blue River Financial Group has advised Unisan, a global provider of janitorial supplies, warehouse supplies, and safety equipment for businesses and organizations at a regional and local level, on its recent sale to Acorn Distributors....
By Adam Burroughs
December 19, 2022
Installed Building Products Acquires ABS Insulating Company Inc
Installed Building Products, Inc., an industry-leading installer of insulation and complementary building products, has acquired ABS Insulating Company, Inc., ABS Sprayfoam Insulation, Inc., and ABS Coastal Insulating Company, LLC....
By Adam Burroughs
December 15, 2022
Greif Completes Acquisition of Lee Container
Greif, Inc., a global leader in industrial packaging products and services, has completed its previously announced acquisition of Lee Container Corporation, Inc....
By Adam Burroughs
December 9, 2022
Plenty Of Prep Helps Updox Accelerate Sale Timeline
Former Updox CEO Mike Morgan on building up Updox, the process of selling to EverCommerce, and why he chose to leave the company after the sale....
By Adam Burroughs
December 6, 2022
Proven Optics Receives Growth Investment Led by Silversmith Capital Partners
Proven Optics, a practitioner-founded Financial Management software company, has secured a majority growth investment led by Silversmith Capital Partners, a Boston-based growth equity firm....
By Adam Burroughs
December 6, 2022
McGraw Hill Acquires Boards & Beyond
McGraw Hill has acquired Ryan Medical Education LLC, d/b/a Boards & Beyond, a provider of on-demand video libraries and comprehensive online resources that help medical students efficiently learn fundamentals of medical basic sciences and clinical medicine....
By Adam Burroughs
December 5, 2022
Installed Building Products Acquires Orr Industries
Installed Building Products, Inc., an industry-leading installer of insulation and complementary building products, has acquired Orr Industries, LLC. ...
By Adam Burroughs
December 1, 2022
Imperial Dade Acquires Classic Solutions
Imperial Dade, a leading distributor of foodservice packaging and janitorial supplies, has acquired Classic Solutions. ...
By Adam Burroughs
November 30, 2022
Audax Private Equity Completes Investment in Salon Lofts
Audax Private Equity has made a strategic growth investment in Salon Lofts, one of the largest developers and operators of company-owned salon suites....
By Adam Burroughs
November 11, 2022
Young People See Startups As A Way To Make An Impact
Ohio Innovation Fund Principal Faith Voinovich on changes she's seen in early-stage investing and shares her view of the broader startup picture....
By Adam Burroughs
November 9, 2022
Greif to Acquire Lee Container
Greif, Inc. is set to acquire Lee Container Corporation, Inc. for a purchase price of $300 million before taking into consideration tax benefits with an estimated net present value of approximately $30 million....
By Adam Burroughs
November 8, 2022
Fyda Acquires Buckeye Western Star, Yard Trucks of Ohio
Fyda, Inc. has acquired Buckeye Western Star of Columbus and the Kalmar Ottawa business portion of Yard Trucks of Ohio, located in Cincinnati. ...
By Adam Burroughs
November 3, 2022
Information Services Group Acquires Change 4 Growth
ISG has acquired Change 4 Growth, a business specializing in transformational change for enterprises. Founded in 2017, Change 4 Growth offers market-leading change solutions and expertise to support large-scale business transformations involving people, process and technology....
By Adam Burroughs
November 1, 2022
BDO USA LLP Adds AdaptaLogix LLC
BDO USA, LLP, one of the nation's leading professional services firms, has added 14 full time professionals from AdaptaLogix, LLC; the firm will also continue work with 20 affiliated contractors....
By Adam Burroughs
November 1, 2022
Victoria’s Secret To Acquire Adore Me
Victoria’s Secret & Co. has signed a definitive agreement to acquire 100 percent of Adore Me, Inc., a digitally-native intimates brand. The deal will create significant upside for VS&Co, including the opportunity to leverage Adore Me’s expertise and technology to continue to improve the Victoria’s Secret and PINK customer shopping experience and accelerate the modernization of VS&Co’s digital platform....
By Adam Burroughs
October 28, 2022
Deal Pulse Columbus: M&A Outlook in a Volatile Economy
Columbus M&A for the nine months ended September 30, 2022 was 29.1 precent lower than the same time period in 2021, while September 2022 deal volume was 57.1 percent lower than September 2021. ...
By Dan Bowman
October 25, 2022
UPSTACK Acquires NPG Solutions
UPSTACK, the fastest-growing advisory platform for digital infrastructure, has acquired NPG Solutions LLC, an independent technology and communications solutions adviser based in New Albany, Ohio....
By Adam Burroughs
October 20, 2022
Wakefield & Associates Acquires Choice Recovery
Wakefield & Associates, an industry-leading collections and health care revenue cycle solutions company, has acquired the debt collection business of Choice Recovery, Inc., an Ohio-based nationally recognized collections provider....
By Adam Burroughs
October 20, 2022
Tecum Capital Partners With The Basement Doctor
Tecum Capital Management, Inc., a middle-market private equity firm, has partnered with J&D Home Improvement, Inc. d/b/a The Basement Doctor and its related entities....
By Adam Burroughs
October 19, 2022
Irth Solutions Acquires 4iQ Solutions
Irth Solutions, a leading provider of SaaS solutions focused on reducing risk and improving the resiliency of critical network infrastructure, has acquired 4iQ Solutions....
By Adam Burroughs
October 14, 2022
How Jordan Hansell Is Applying Past Experiences To Lead Tradepost
Tradepost's Jordan Hansell on launching and growing TradePost, how his experience is shaping his approach in the new venture, as well as a series of recent investments he's made in the real estate space, a sector he says is poised for disruption....
By Adam Burroughs
October 6, 2022
BBG Acquires VSI Appraisal Group
BBG, the nation's largest independent commercial real estate services firm, is acquiring VSI Appraisal Group, a Columbus, Ohio-based appraisal firm. Terms of the acquisition were not disclosed....
By Adam Burroughs
October 4, 2022
Axcel Acquires EduMind
Axcel, a professional education business backed by Alpine Investors (Alpine) and specializing in buying, building and operating world-class education companies, is partnering with EduMind, a global education and training provider specializing in professional exam preparation. Terms of the transaction were not disclosed....
By Adam Burroughs
September 30, 2022
AEP, Liberty Reach Amended Agreement On Sale Of Kentucky Operations
Upon close of the sale, Liberty will acquire AEP's Kentucky operations by purchasing all the stock of Kentucky Power and AEP Kentucky Transco for a reduced price of $2.646 billion. ...
By Adam Burroughs
September 30, 2022
Evaluating The Columbus Deal Market
Stonehenge Partners' Sean Dunn, Ice Miller's Chris Michael, Kaufman Development's Ian Labitue, Worthington Industries' Patrick Kennedy and MEMM Capital'sMark Fleming Jr. kick off the Columbus Smart Business Dealmakers Conference with an evaluation of the current Columbus deal market....
By Adam Burroughs
September 28, 2022
Prescott's Inc. Acquires Preventive Maintenance Medical
Prescott's Inc., a portfolio company of Atlantic Street Capital, is expanding into the medical and laboratory sterilizer and washer specialty service and support sector with the acquisition of Preventive Maintenance Medical, Inc....
By Adam Burroughs
September 15, 2022
Deal Pulse: The economic impact of manufacturing resurgence
In his latest Deal Pulse report, Mike Kostandaras of MelCap Partners assesses the current M&A market, including a discussion of recent deals, a puts a spotlight on domestic manufacturing. ...
By Mike Kostandaras
September 12, 2022
Forge Biologics Lands $90M Series C
Forge Biologics, a gene therapy-focused contract development and manufacturing organization, has raised $90 million in a Series C financing, bringing its total funding raised to date to $330 million. The current round was co-led by Drive Capital and Aisling Capital with an additional undisclosed strategic investor....
By Adam Burroughs
September 6, 2022
Jaffe Raitt Heuer & Weiss Combines With Taft
Jaffe Raitt Heuer & Weiss, P.C., a leading Michigan full-service law firm, is merging with Taft Stettinius & Hollister LLP, an AmLaw 100 law firm with offices across the Midwest and the District of Columbia, effective December 31, 2022....
By Adam Burroughs
September 6, 2022
TriNet Acquires Clarus R+D Solutions LLC
TriNet, a leading provider of comprehensive human resources solutions for small and medium-size businesses, has acquired Clarus R+D Solutions LLC, an industry-leading, service and expertise driven, fintech solutions company that simplifies the R&D tax credit process for SMBs. Terms of the deal were not disclosed....
By Adam Burroughs
September 2, 2022
Ilya Bodner on Bold Penguin's Acquisition
Bold Penguin Founder Ilya Bodner on the company's acquisition, how it decided that was the best choice and the benefits the deal offered....
By Adam Burroughs
August 25, 2022
Leste Group, AR Apartment Capital Complete $23.6 Million Acquisition of Four Multifamily Properties
Leste Group’s real estate debt and structured equity arm and SAR Apartment Capital, a national multifamily investment firm, have completed the $23.6 million acquisition of four multifamily properties in Columbus, Ohio that comprise 556 apartments in total....
By Adam Burroughs
August 23, 2022
UPSTACK Acquires ChaseTek Partners
UPSTACK has acquired ChaseTek Partners LLC, an independent telecom agency and technology consultancy based in Columbus, Ohio. The terms of the transaction were not disclosed....
By Adam Burroughs
August 19, 2022
Deal Pulse: COVID's continued M&A impact
The Central Ohio M&A market has exhibited a similar trend as the broader domestic market, as deal volume for the seven months ended July 2022 was 18.6 percent lower than the prior year. Meanwhile, Central Ohio deal volume fell by 24 percent in July 2022 relative to July 2021....
By Matt Figas
August 8, 2022
LDR Growth Partners Acquires Cincinnati Radiator, Ohio Heat Transfer
LDR Growth Partners has acquired the businesses of Cincinnati Radiator Inc. and Ohio Heat Transfer Ltd. in a private transaction closed last Monday. CRI and OHT are both U.S.-based, leading manufacturers of heavy-duty heat exchangers, radiators, and related air, oil, and hydraulic coolers....
By Adam Burroughs
August 5, 2022
How to be transparent while protecting IP during diligence
Stirling Ultracold Founder and former CTO Dave Berchowitz on the deal with BioLife and how the company's IP was managed leading up to and through diligence....
By Adam Burroughs
August 4, 2022
Installed Building Products Acquires Two Missouri-Based Installers
During the 2022 second quarter and August, Installed Building Products, Inc. acquired Ozark's Modern Insulation and Insulation Pros, Missouri based installers...
By Adam Burroughs
August 2, 2022
Dazpak Flexible Packaging Completes Acquisitions of Atlapac Corporation and the Inno-lok Division of Polymer Packaging
H.I.G. Capital's portfolio company Dazpak Flexible Packaging has completed the acquisitions of Atlapac Corporation and the Inno-lok Division of Polymer Packaging....
By Adam Burroughs
August 2, 2022
AEP Completes Sale Of Cardinal Plant Unit 1
American Electric Power has completed the sale of the 595-megawatt Cardinal Plant Unit 1 in Brilliant, Ohio, from AEP Generation Resources, the company's competitive generation affiliate, to Buckeye Power....
By Adam Burroughs
July 22, 2022
An offer that can't be refused
Dawson's' David DeCapua on the deal with Aya Healthcare and how he personally came to terms with selling. ...
By Adam Burroughs
July 20, 2022
CertaSite Acquires Hamrick Fire Systems
CertaSite, a commercial fire protection and life safety company, has acquired Hamrick Fire Systems, LLC, a family owned and operated fire protection company that serves Columbus and the surrounding areas. The acquisition is CertaSite’s sixth in Ohio....
By Adam Burroughs
July 12, 2022
NetGain Technologies Acquires EasyIT
NetGain Technologies, a leading IT services and cybersecurity provider, has acquired EasyIT, an established IT support and services company in Columbus, Ohio....
By Adam Burroughs
July 8, 2022
The Andersons Inc Completes the Sale of Its Railcar Repair Business to Cathcart Rail
The Andersons, Inc. (Nasdaq: ANDE) has completed the sale of its railcar repair business to Cathcart Rail....
By Adam Burroughs
July 6, 2022
Cardinal Health acquires the Bendcare CPO-GPO entity, makes a minority investment in the Bendcare MSO
Cardinal Health has acquired the Bendcare group purchasing organization (CPO-GPO) entity and made a minority investment in the Bendcare management services organization (MSO). ...
By Adam Burroughs
