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April 16, 2021

BlueTree Allied Angels’ Sreekar Gadde urges entrepreneurs to see IP differently

BlueTree Allied Angels’ Sreekar Gadde urges entrepreneurs to stop think about IP only in terms of protection, and instead create a holistic strategy to maximize long-term value....

By Adam Burroughs

April 14, 2021

PPG Extends Tender Offer Period for Tikkurila

PPG is extending the tender offer period for all issued and outstanding shares of Tikkurila Oyj to May 11, 2021....

By Adam Burroughs

April 13, 2021

Stonewood Capital Management Acquires CMS East

Stonewood Capital Management, Inc., a Pittsburgh-based private equity firm, has acquired CMS East, Inc., one of the largest privately-owned cemetery operations in the United States. ...

By Adam Burroughs

April 7, 2021

Rice Acquisition Corp. to Combine Aria Energy and Archaea Energy

Rice Acquisition Corp., a special purpose acquisition company focused on the energy transition sector, has an agreement to enter into a business combination with Aria Energy LLC and Archaea Energy LLC...

By Adam Burroughs

April 6, 2021

Evoqua Water Technologies Completes Acquisition of Water Consulting Specialists

Evoqua Water Technologies has acquired privately-held Water Consulting Specialists, Inc....

By Adam Burroughs

April 1, 2021

Alcoa Completes Divestiture of Warrick Rolling Mill

Alcoa Corporation has completed the sale of the rolling mill and associated assets near Evansville, Indiana, held by Alcoa Warrick LLC, to Kaiser Aluminum Corporation....

By Adam Burroughs

March 18, 2021

Support, trust go a long way in M&A deals

For anyone considering selling a business, those who have been there say whatever you’re thinking the due diligence process is, both in terms of volume and depth of the requests, it’s more....

By Adam Burroughs

March 18, 2021

ProFromGo and Media Post Merge

Joining forces under the new name Vendilli Digital Group, ProFromGo Internet Marketing, LLC and Media Post, Inc. announce the merger of their two companies....

By Adam Burroughs

March 18, 2021

II-VI Revises Offer For Coherent

Optical components maker II-VI Inc raised its bid for laser maker Coherent to $7 billion...

By Adam Burroughs

March 16, 2021

APR Supply Co. TO Acquire Plumbers Equipment Co.

APR Supply Co. is set to acquire Plumbers Equipment Co. at the anticipated close date of April 5, 2021....

By Adam Burroughs

March 3, 2021

Quantic Electronics buys Corry Micronics

Warrendale-based Quantic Electronics, an electronic component maker, has acquired Cranberry Township-based Corry Micronics, a leading supplier of RF and microwave components and subsystems specializing in high power and broadband solutions....

By Michael Marzec

March 2, 2021

RE2 Robotics Lands $1.9M In U.S. Funding

RE2 Robotics, a developer of intelligent mobile robotic manipulation systems, has received $1.9 million from the U.S. Department of Energy Solar Energy Technologies Office to develop a robotic system for the outdoor autonomous manipulation of photovoltaic panels (O-AMPP)....

By Michael Marzec

February 19, 2021

Blue River’s Sara Clevenger explores M&A’s Tumultuous year

Blue River's Sara Clevenger looks back at M&A’s interesting 2020, and looks ahead, discussing what changes in perceptions and approaches could color 2021....

By Adam Burroughs

February 15, 2021

Lanxess Buys Emerald Kalama Chemical for $1.08B

Specialty chemicals company Lanxess has inked a deal to buy US-based Emerald Kalama Chemical for an enterprise value of $1.075 billion...

By Adam Burroughs

February 11, 2021

Kraft Heinz to Sell Its Nuts Business to Hormel Foods

The Kraft Heinz Company has entered into a definitive agreement to sell its nuts business to Hormel Foods Corporation in a cash transaction for $3.35 billion....

By Adam Burroughs

February 10, 2021

AssuredPartners Acquires TJS Financial Services, LLC

AssuredPartners Inc. has acquired TJS Financial Services, LLC (TJS) of Pittsburgh....

By Adam Burroughs

February 4, 2021

PSP Metrics Inc. acquired By ScaleCo's

ScaleCo Management, LLC, a Cleveland-based private investment firm, has made an investment in, and partnership with, employee assessment company PSP Metrics, Inc....

By Adam Burroughs

January 22, 2021

Metz Lewis' George Thomas on the surprising strength of M&A through the pandemic

Metz Lewis' George Thomas offers his assessment of the M&A market — what it looked like in 2020, and what he expects it will look like in 2021....

By Adam Burroughs

January 15, 2021

United States Steel Corporation Completes Big River Steel Acquisition

United States Steel Corporation has closed its acquisition of the remaining equity of Big River Steel for approximately $774 million from cash on hand....

By Adam Burroughs

January 15, 2021

Pineapple Payments Acquires 1st Payment Systems

Pineapple Payments, a payments technology company based out of Pittsburgh, has acquired 1st Payment Systems....

By Adam Burroughs

January 11, 2021

PPG to Acquire Global Coatings Manufacturer Wörwag

PPG has reached a definitive agreement to acquire Wörwag, a global manufacturer of coatings for industrial and automotive applications....

By Adam Burroughs

January 4, 2021

Riverview Financial Corp. Wraps Up Acquisition of Citizens National Bank of Meyersdale

Riverview Financial Corp. has completed its acquisition of Citizens National Bank of Meyersdale through a stock and cash transaction....

By Adam Burroughs

December 22, 2020

How outside deal pros helped Arnie Burchianti find needle-in-a-haystack buyers

Arnie Burchianti talks about the importance of surrounding yourself with people who have strengths where you have weaknesses....

By Adam Burroughs

December 21, 2020

Peptilogics Closes $35.4 Million Series B Financing

Peptilogics has closed a $35.4 million Series B financing round led by Presight Capital....

By Adam Burroughs

December 18, 2020

PPG to Acquire Tikkurila

PPG has entered into a definitive agreement to acquire Tikkurila in an all-cash transaction....

By Adam Burroughs

December 15, 2020

ChiliSleep and Ebb Therapeutics Merge

Kryo, the parent company of sleep technology brand ChiliSleep, today announced that it has merged with Ebb Therapeutics....

By Adam Burroughs

December 15, 2020

Centene to Acquire PANTHERx Rare Pharmacy

Centene Corporation has signed a definitive agreement to acquire PANTHERx....

By Adam Burroughs

December 14, 2020

UPMC Acquires Ireland's Oldest Private Hospital

UPMC will expand services at Aut Even Hospital in Kilkenny, Ireland with acquisition....

By Adam Burroughs

October 14, 2020

Pineapple Payments’ Jon Halpern puts people first when acquiring

Pineapple Payments' Jon Halpern on his company’s acquisition and integration process, and how learnings are being shared between acquirer and acquiree....

By Adam Burroughs

October 6, 2020

Abridge receives $15 million Series A round

Pittsburgh-based startup Abridge received a $15 million Series A round led by Union Square Ventures and UMPC with participation from Bessemer Venture Partners, Pillar, KdT Ventures and angel investors....

By Adam Burroughs

October 6, 2020

Seegrid Acquires Box Robotics

The acquisition is expected to help accelerate next-generation perception and more human-like, situational awareness technology to Seegrid’s vision guided vehicles....

By Adam Burroughs

October 5, 2020

Union O&P Acquires De La Torre O&P

The combined company will continue to operate under both the Union and De La Torre brands....

By Adam Burroughs

October 1, 2020

CNX Resources and CNX Midstream Partners Complete Merger

CNX has completed the acquisition of all of the outstanding common units of CNX Midstream that it did not already own....

By Adam Burroughs

August 7, 2020

Shifting capital: How Catherine Mott and BlueTree Capital have responded to the pandemic

For BlueTree Capital, the pandemic has put the firm's focus on protecting its portfolio companies. While that's its primary focus, it's not its singular focus....

By Adam Burroughs

August 3, 2020

3Cloud acquires Applied Cloud Systems

3Cloud, a Microsoft Azure services firm, has acquired Applied Cloud Systems, a Microsoft consultancy....

By Adam Burroughs

August 1, 2020

CEC completes SITEC acquisition

CEC has completed its acquisition of multi-discipline civil engineering and land survey firm SITEC Inc....

By Adam Burroughs

July 31, 2020

Steel manufacturer Precision Marshall acquired by Live Ventures

Live Ventures Inc., a diversified holding company, has acquired Precision Industries, Inc. for approximately $31.5 million in cash....

By Adam Burroughs

July 27, 2020

CNX Resources Corp, to acquire remaining public stake in CNX Midstream Partners

CNX Resources Corp. is set to acquire all of the outstanding common units of CNX Midstream Partners LP that it does not already own....

By Adam Burroughs

June 26, 2020

CMU’s Lynn Banaszak: Priorities are shifting, but innovation interest remains strong

Despite the uncertainty, investors are still very interested in preserving their deal pipelines — continuing to build on the promise of the portfolio of ideas already in development, says Lynn Banaszak, executive director of the Digital Transformation and Innovation Center at Carnegie Mellon University....

By Jayne Gest

June 23, 2020

GNC to restructure or be sold

GNC Holdings Inc., and certain of its North American entities, secured lenders and key stakeholders have agreed to pursue a dual-path process that will allow the company to restructure its balance sheet and accelerate its business strategy through Chapter 11 of the U.S. Bankruptcy Code. The company could be restructured or sold....

By Jayne Gest

June 22, 2020

WESCO completes Anixter merger

WESCO International Inc., a Pittsburgh-headquartered provider of business-to-business distribution, logistics services and supply chain solutions, has completed its merger with Anixter International Inc., creating a global B2B distribution and supply chain solutions company....

By Jayne Gest

June 17, 2020

Equitrans Midstream, EQM complete merger

Equitrans Midstream Corp. and EQM Midstream Partners LP have completed the acquisition of all of the outstanding common units representing limited partner interests in EQM that it did not already own....

By Jayne Gest

June 15, 2020

The Pittsburgh Steelers have new minority owners

The owners of the Philadelphia 76ers and New Jersey Devils, Josh Harris and David Blitzer, have reportedly acquired small stake of less than 5 percent in the Pittsburgh Steelers, according to Bloomberg News....

By Jayne Gest

June 12, 2020

Peca Labs raises venture funding

Peca Labs Inc. recently raised $587,465 of venture funding from undisclosed investors, PitchBook reports. The Carnegie Mellon University spin out has raised $5.69 million through five rounds and is developing synthetic cardiovascular devices intended to improve the treatment of cardiac defects....

By Jayne Gest

June 11, 2020

Incline’s LYNX buys FRSTeam

Pittsburgh-based private equity firm Incline Equity Partners’ portfolio company, LYNX Franchising has further expanded its commercial services brand offering through the acquisition of FRSTeam. FRSTeam focuses on disaster recovery, specializing in damage from smoke, fire, water and mold....

By Jayne Gest

June 10, 2020

Othot raises $1.32M in funds

Othot Inc. recently raised $1.32 million of venture funding in the form of convertible debt from undisclosed investors, according to PitchBook. The Pittsburgh developer of cloud-based software designed for predictive analytic services has raised $8.83 million to date....

By Jayne Gest

June 2, 2020

Volkswagen’s $2.6B investment in Argo AI closes

Volkswagen AG’s investment in Argo AI has closed, which solidifies the Pittsburgh-headquartered business’s capital position and differentiates it as the only self-driving technology platform company with partnerships and commercial agreements, via Ford and Volkswagen, for deployment across the U.S. and Europe....

By Jayne Gest

June 1, 2020

ALung closes $18.52M funding round

ALung Technologies Inc. recently completed its sixth round of venture funding, which resulted in $18.52 million from Audrey’s Kitchen and other undisclosed investors, PitchBook reports. The transaction included $2.26 million in total new debt. ALung has raised $112.6 million to date....

By Jayne Gest

May 29, 2020

Innovatus Imaging assets sold to 626

Delray Beach, Florida-based 626 Holdings LLC, a third-party company in the health care technology management market, has acquired the CR and DR business of Innovatus Imaging, which is headquartered in Pittsburgh....

By Jayne Gest

May 21, 2020

Jay Katarincic shares the methods behind early stage VC investing

With early stage investing, it’s not about hitting every single time in order to have a successful fund, says Jay Katarincic, managing director of venture capital firm Draper Triangle. That's because it's often more art than science....

By Jayne Gest