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November 17, 2023
Chas. E. Phipps Company Buys Machinery & Tool Rentals
Hahn Loeser announced its client, The Chas. E. Phipps Company purchased an existing business for the first time in its century-long history. Its new Columbus branch continues to operate as Machinery &...
By Staff Reports
August 8, 2023
Penhall Buys Mid-Ohio Concrete
The purchase will help Penhall expand its services and reach more customers in Central Ohio and surrounding markets....
By Michael Marzec
July 28, 2023
ATI Adds Roth Construction to its Portfolio of Companies
ATI Restoration, LLC, America’s largest family-operated restoration contractor and a national leader in restoration, environmental remediation, and reconstruction services, announced it has acquired...
By Dan Pender
June 29, 2023
Prepare At The Beginning For The Best End
Harold Green launched Chamberlain Contractors, an asphalt paving company, back in 1975, and sold it to Pavement Partners, a portfolio company of Shoreline Equity Partners, in January 2022. While he...
By Adam Burroughs
July 13, 2020
Sweden's Sandvik acquires Allied Construction
Sandvik Mining and Rock Technology is buying Cleveland-based Allied Construction Products LLC, a distributor of hydraulic hammers to the construction and mining industries and manufacturer of compactor plates and mounting brackets. Terms were not disclosed....
By Michael Marzec
June 22, 2020
Installed Building Products buys Nationwide Gutter
Installed Building Products Inc., a Columbus-based national installer of insulation and complementary building products, has acquired Nationwide Gutter LLC, which expands its presence to multifamily and commercial customers throughout Texas and surrounding states....
By Jayne Gest
May 5, 2020
HR Gray sold to Anser Advisory
Orlando-headquartered Anser Advisory has acquired H.R. Gray, a 76 employee owner’s representative, construction management and dispute resolution firm based in Columbus....
By Jayne Gest
March 31, 2020
Thayer Power & Communication Acquired By PE Firm
Thayer Power & Communication, a Pataskala-based provider of repair, maintenance and upgrade services for the utility and telecommunications industries, has been acquired by Calera Capital in partnership with management....
By Michael Marzec
February 27, 2020
Minnotte Contracting purchased by Day & Zimmermann
Day & Zimmermann, a provider of construction, engineering, maintenance, staffing and defense solutions, has acquired Minnotte Contracting Corp., a Pittsburgh-based union mechanical contractor and construction company. The acquisition broadens D&Z’s union staffing and project management capabilities....
By Jayne Gest
January 27, 2020
Brashear Construction Consulting sold to Rimkus
Rimkus Consulting Group Inc., a Houston-headquartered provider of forensic engineering and consulting services, has acquired Pittsburgh-based Brashear Construction Consulting Inc., in order to expand Rimkus’ core service lines and team of technical experts....
By Jayne Gest
December 20, 2019
3 Rivers Capital purchases Charlotte-based Aptus
Pittsburgh PE firm 3 Rivers Capital has acquired Aptus Group USA, a founder-owned and operated infrastructure services provider. In partnership with 3RC, Aptus will expand its business beyond its current operating area and position the company for continued strategic growth....
By Jayne Gest
December 18, 2019
Installed Building Products reprices loan
Installed Building Products Inc., installer of insulation products that is headquartered in Columbus, has completed the repricing of its existing $200 million term loan B facility....
By Jayne Gest
December 9, 2019
Installed Building Products buys Gulf Coast Insulation
Installed Building Products Inc., a Columbus-based installer of insulation and complementary building products, has acquired Gulf Coast Insulation in Florida. The transaction adds approximately $4.7 million in annual revenue to IBP....
By Jayne Gest
November 18, 2019
Installed Building Products buys Utah company
Installed Building Products Inc., a Columbus-headquartered installer of insulation and complementary building products, has acquired Premier Building Supply LLC. The strategic acquisition of three locations and approximately $23 million in annual revenue significantly expands IBP’s presence in Utah....
By Jayne Gest
October 16, 2019
Tecum Equity buys Pinnacle Cranes
Pinnacle Cranes, a Link-Belt and Manitex dealer in North Carolina and South Carolina, has been purchased by Western Allegheny Capital LLC, and Tecum Equity, a Pittsburgh-based family office investment partnership....
By Jayne Gest
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
