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October 2, 2019

Ohio Basement Systems Finds Growth Foundation In Sale To Groundworks

Mike Rusk talks about how the sale of his Ohio Basement Systems to Groundworks will give the company an even stronger support structure for the future growth of the business he and his wife Gayle started in 1998....

By Mark Scott

September 26, 2019

Installed Building Products closes note offering

Installed Building Products Inc., an installer of insulation and complementary building products, closed a private offering of $300 million in 5.75 percent senior unsecured notes due Feb. 1, 2028. In addition, the company entered into a new and increased $200 million asset-based lending revolving credit facility....

By Jayne Gest

September 23, 2019

Installed Building Products buys Northeast, MSI

Installed Building Products Inc., an installer of insulation and complementary building products, has acquired Northeast Spray Insulation Inc. and Minnesota Spray-Foam Insulation. With combined trailing 12-month revenue of $5.2 million, the acquisitions of Northeast and MSI should enhance IBP’s presence in two compelling housing markets....

By Jayne Gest

September 19, 2019

Home Serve USA Buys Fred's Home Services

The acquisition is the fifth acquisition in the last year for HomeServe, including the December purchase of Elyria-based Geisel Heating, Air Conditioning & Plumbing Inc....

By Michael Marzec

September 17, 2019

Installed Building Products prices notes

Installed Building Products Inc., a Columbus-based installer of insulation and complementary building products, has priced its previously announced offering of 5.75 percent senior unsecured notes due 2028 at $300 million....

By Jayne Gest

September 11, 2019

Debt offering from Installed Building Products

Installed Building Products Inc., a Columbus-based installer of insulation and complementary building products, has launched an offering of $300 million in senior unsecured notes due 2028. IBP intends to use the net proceeds from the notes to repay a portion of the current borrowings under its Term Loan B credit facility, and for other general corporate purposes....

By Jayne Gest

August 19, 2019

Installed Building Products buys Therm-Con

Installed Building Products Inc., an installer of insulation and complementary building products, has acquired Therm-Con LLC and Foamtech Inc. With trailing 12-month revenue of $4.7 million, Therm-Con enhances IBP’s presence in markets throughout Tennessee and its surrounding states....

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

July 22, 2019

Westinghouse buys Canada’s NA Engineering Associates

The Canadian provider of engineering solutions has significant nuclear expertise, which will help diversify the Cranberry Township company’s engineering capabilities....

By Jayne Gest

July 15, 2019

Ohio Basement Authority purchased

Groundworks Companies has acquired the Ohio Basement Authority and Florida Foundation Authority, both owned by Columbus entrepreneur Doug Secrest....

By Jayne Gest

July 2, 2019

Advanced Pavement Group buys Dan Malloy Paving

Dan Malloy Paving President Bob Bureski will remain as president of Advanced Pavement Group’s Southeastern Pennsylvania branch....

By Jayne Gest

June 25, 2019

Installed Building Products buys insulation companies

The installer of insulation and complementary building products adds approximately $12 million in annual revenue and enhances its presence in Minnesota and its surrounding states....

By Jayne Gest

June 12, 2019

Columbus Coal & Lime purchased by Reading Rock

Columbus Coal & Lime Co. was acquired by Cincinnati’s Reading Rock Inc. in a private transaction. By combining resources with Reading Rock, a 70-year-old family owned and operated building materials company, Columbus Coal & Lime will enhance its product offerings while maintaining its customer service....

By Jayne Gest

May 31, 2019

Limbach Holdings’ purchase of Dunbar falls through

Limbach Holdings’ sale agreement to acquire Dunbar Mechanical Inc. expired without going through, Contractor reports. The Toledo, Ohio, company remains a closely-held, family operated business....

By Jayne Gest

May 22, 2019

Infrastructure & Industrial Constructors being bought by Israeli firm

Pittsburgh-based I+iconUSA will become a subsidiary of Shikun & Binui America and will continue to operate independently with the existing management team leading the company....

By Jayne Gest

May 20, 2019

Huron-backed Pueblo Makes Fourth Add-On Acquisition

Huron Capital acquired Pueblo in December 2017 to pursue a buy-and-build strategy in the commercial HVAC market in the southwestern U.S....

By Mark Scott

May 3, 2019

Maxim Crane Works to buy Boston crane rental company

Maxim Crane Works L.P. will acquire Shaughnessy & Ahern Crane Co. and S&A Cranes LLC. This enhances Maxim’s full-service, nationwide crane rental and lifting solutions platform and expands its operations in one of the nation’s most critical regions....

By Jayne Gest

April 12, 2019

Limbach Holdings completes debt refinancing

The engineering and construction firm has entered a $65 million senior secured credit facility, comprised of a $40 million term loan which will refinance existing indebtedness, and a $25 million delayed-draw term loan to finance potential acquisitions....

By Jayne Gest

March 19, 2019

Installed Building Products to acquire 1st State Insulation

The deal adds approximately $8.8 million in annual revenue for the installation contractor, which has over 7,000 employees at more than 175 locations nationwide....

By Adam Burroughs

March 7, 2019

Innovest Global signs LOI to buy Columbus company

The company says its acquisition target generated $4.2 million in revenue with income of $300,000 in owner benefit in 2018....

By Michael Marzec

December 13, 2018

Geisel Heating acquired by HomeServe USA

The Geisel acquisition, which includes offices in Oberlin and Medina, represents HomeServe’s latest step in capturing a bigger piece of the estimated $29 billion HVAC industry....

By Adam Burroughs

August 24, 2018

Independence Excavating's Victor DiGeronimo Jr.

Vic DiGeronimo talks about taking risks and his key to finding happiness when making a deal....

By Mark Scott

June 8, 2018

CTL joins Linsalata’s Happy Floors platform

CTL designs, imports and distributes high-grade porcelain tile and natural stone materials serving commercial flooring markets,...

By Adam Burroughs

May 25, 2018

Victor DiGeronimo Jr.

Vic DiGeronimo talks about how he got his start in the family business and first began to develop the entrepreneurial and dealmaking skills....

By Mark Scott

March 23, 2018

Blue Point acquires FM Sylvan on prospect of growth

FM Sylvan is one of North America’s leading providers of industrial pipe installation and fabrication, millwright and rigging, electrical, boiler and turbine contracting services....

By Adam Burroughs

February 23, 2018

Cleveland VA properties sold to CGA Capital

Three buildings and land at the Louis Stokes Cleveland VA Medical Center have been purchased by Maryland-based CGA Capital in a deal estimated at $160 million to $170 million.Cleveland.com is...

By Adam Burroughs

November 9, 2017

Steve Demetriou's 3 rules of dealmaking

Jacobs CEO Steve Demetriou shares his three rules of dealmaking with the Aspire 2017 audience during a question and answer session with Smart Business CEO Fred Koury....

By Mark Scott