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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
