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January 27, 2023
Serial Entrepreneur Gabriela Isturiz Turns Investor with The Fund XX
Serial entrepreneur and early-stage investor Gabriela Isturiz, who founded two high-growth technology companies that she sold to Fortune 500 companies, recently co-founded The Fund XX, which makes...
By Adam Burroughs
January 27, 2023
Xylem To Acquire Evoqua in All-Stock Transaction
Xylem Inc. a global water technology company and Evoqua, mission-critical water treatment solutions and services provider, announced they have entered into a definitive agreement under which Xylem...
By Dan Pender
January 27, 2023
Bayer Acquires Blackford Analysis Ltd.
Bayer announced the acquisition of the global strategic imaging AI platform and solutions provider Blackford Analysis Ltd. The acquisition is part of Bayer's strategy to drive innovation in radiology,...
By Dan Pender
January 27, 2023
Arrive Health Acquires Suite of Technologies
Arrive Health, provider of real-time benefit tools and integrated solutions that improve patient affordability, announced the acquisition of a suite of innovative patient engagement and automation...
By Dan Pender
January 27, 2023
UPMC to Acquire Leading Clinic in Dublin
In a move that will dramatically expand UPMC’s ability to provide orthopaedic and sports medicine care in Ireland, the health system announced it is acquiring the Sports Surgery Clinic (SSC), an...
By Dan Pender
January 27, 2023
GrayMatter Accelerates Industrial Intelligence Platform with Strategic Merger
GrayMatter announced the expansion of its Industrial Intelligence Platform of industrial technology solution providers with the strategic merger of Columbus, Ohio-based Phantom Technical Services,...
By Dan Pender
January 27, 2023
ERIKS North America Completes Fluid Power Acquisition
ERIKS North America, a distributor of fluid and material conveyance solutions for industrial customers, announced it has acquired DeeTag, Ltd. (DeeTag), a distributor and fabricator of hydraulic and...
By Dan Pender
January 13, 2023
Deal Pulse Pittsburgh: Earnouts Increase In Popularity
Given today’s challenging economic environment, earnouts will likely remain an important feature in M&A deals. ...
By Carter Hatina
January 10, 2023
IH21 Acquires Wellness Operations of Healics
Integrated Health 21, LLC has acquired the Wellness Operations of Healics, Inc., a Milwaukee, WI based long-standing company that provides a broad range of wellness services. ...
By Adam Burroughs
January 5, 2023
Everest Acquires Communications Towers from CTG
Everest Infrastructure Partners has completed the acquisition of a portfolio of wireless communications tower assets from Communications Tower Group....
By Adam Burroughs
January 4, 2023
Alpha Healthcare Acquisition Corp. III To Merge With Carmell Therapeutics
Alpha Healthcare Acquisition Corp. III (Nasdaq: ALPA), a special purpose acquisition company led by Rajiv Shukla, has announced the execution of a definitive business combination agreement with Carmell Therapeutics Corporation, a Phase 2-stage biotechnology platform company developing allogeneic plasma-based biomaterials for bone and soft tissue healing indications....
By Adam Burroughs
January 3, 2023
Viatris Closes Acquisitions of Oyster Point Pharma and Famy Life Sciences
Viatris Inc. (NASDAQ: VTRS), a global healthcare company, has closed its acquisitions of Oyster Point Pharma and Famy Life Sciences to establish a new Viatris Eye Care Division....
By Adam Burroughs
January 3, 2023
Ansys Acquires Rocky
Ansys (NASDAQ: ANSS), the global leader and innovator of engineering simulation software, has acquired Engineering Simulation and Scientific Software Rocky DEM, S.L....
By Adam Burroughs
January 3, 2023
Butler Health System, Excela Health Finalize Transaction
Officials at Excela Health and Butler Health System have finalized the joining of the two organizations, creating a new health system serving western Pennsylvania. ...
By Adam Burroughs
December 16, 2022
Deal Pulse Pittsburgh: M&A Key To Corporate Strategies Despite Uncertainty
Rising inflation and interest rates, as well as a looming recessionary period, continue to be top-of-mind for dealmakers. The economic uncertainty caused by these issues has led to modest M&A volatility. However, valuations for high-quality businesses remain lofty....
By Anthony A. Melchiorre
December 14, 2022
Platinum Equity To Acquire HarbisonWalker International
The Board of Directors of HarbisonWalker International has signed an agreement to be acquired by Platinum Equity, a global investment firm operating companies in a broad range of business markets. ...
By Adam Burroughs
December 13, 2022
Snavely Forest Products Acquires Mid-States Wholesale Lumber
Snavely Forest Products, a wholly owned subsidiary of MacArthur Company, has entered into a definitive agreement to purchase Mid-States Wholesale Lumber Company, an Oklahoma City- based, wholesale lumber and building products company. ...
By Adam Burroughs
December 12, 2022
F.N.B. Corporation Completes Acquisition of UB Bancorp
F.N.B. Corporation (NYSE: FNB) has successfully completed its acquisition of Greenville, North Carolina-based UB Bancorp, including its wholly-owned banking subsidiary, Union Bank....
By Adam Burroughs
December 12, 2022
Larson Design Group, ZRHD To Merge
Larson Design Group, a leading national architecture, engineering and professional consulting firm, announced that ZRHD – an engineering consulting firm in Oklahoma City with high-end expertise in the design of mechanical and electrical systems for federal, commercial, institutional, and industrial clients nationwide – will join the company....
By Adam Burroughs
December 6, 2022
Ansys To Acquire DYNAmore Business
Ansys, the global leader and innovator of engineering simulation software, has entered into a definitive agreement to acquire the DYNAmore business from DYNAmore Holding GmbH....
By Adam Burroughs
December 1, 2022
To Win The Deal, Get Creative
Hartwood Point's Ben Rizzo, Continuim Equity Partners’ George Pilafas and RDX/Navisite’s Buddy Flerl on best practices in winning the deal....
By Adam Burroughs
November 29, 2022
Viatris Completes Biosimilars Transaction with Biocon Biologics
Viatris Inc. has closed its transaction with Biocon Biologics Limited, creating what Viatris expects to be a unique fully vertically integrated global biosimilars leader. ...
By Adam Burroughs
November 18, 2022
Deal Pulse Pittsburgh: Rising Interest Rates Impact Private Equity
Interest rates have become a greater challenge, leading private equity to counter by increasing the portion of equity placed into deals to better manage the cost of debt. ...
By Evan Lyons
November 18, 2022
Butler Health and Excela Health Boards Enter Into Definitive Agreement to Merge
Officials at Butler Health System and Excela Health announced that after a period of due diligence the parties have entered into a definitive agreement to combine the two organizations into a new health system....
By Adam Burroughs
November 17, 2022
Wabtec Acquires Super Metal
Wabtec Corporation announced a definitive agreement to acquire Super Metal, a supplier of automated vehicles and equipment solutions that support rail operations. This acquisition complements Wabtec's Nordco acquisition and accelerates its expansion into international markets....
By Adam Burroughs
November 15, 2022
RoadRunner Secures $20M Series D Extension from Fifth Wall
RoadRunner Recycling, a leader in comprehensive sustainable waste management, closed a $20 million Series D extension round led by Fifth Wall. The financing will support continued growth of RoadRunner's core business, expanding its enterprise offering, and doubling down on its investment in technology....
By Adam Burroughs
November 15, 2022
Arconic Completes Sale of Russian Operations
Arconic Corporation has completed the sale of 100 percent of its Russian operations to Promishlennie Investitsii LLC, the majority owner of VSMPO-AVISMA Corporation, for cash proceeds of $230 million....
By Adam Burroughs
November 4, 2022
Pitch perfect: The need for newbie entrepreneurs to improve their talk track
Project Olympus' Kit Needham on the areas where fist-time entrepreneurs stumble when seeking their earliest funding rounds....
By Adam Burroughs
November 3, 2022
DICK'S Sporting Goods Launches $50M In-House Fund DSG Ventures
DICK'S Sporting Goods has launched DSG Ventures, a $50 million in-house fund that will invest in innovative companies that hold the core belief that sports make people better. ...
By Adam Burroughs
November 1, 2022
Wesco International Finalizes Purchase of Rahi Systems
Wesco International has completed the purchase of Rahi Systems Holdings, Inc., a leading provider of global hyperscale data center solutions. ...
By Adam Burroughs
November 1, 2022
Koppers Completes Acquisition of Gross & Janes Co.
Koppers Holdings Inc. (NYSE: KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, announced that Koppers Inc., a wholly-owned subsidiary of Koppers Holdings, has closed on its acquisition of substantially all of the assets of Gross & Janes Co....
By Adam Burroughs
October 26, 2022
Dynamic Access Acquires Complete Intravenous Access Services
Dynamic Access, LLC, a market-leading provider of outsourced vascular access services, has acquired Complete Intravenous Access Services, Inc. based in Pittsburgh, Pennsylvania. ...
By Adam Burroughs
October 21, 2022
Deal Pulse Pittsburgh: M&A Outlook in a Volatile Economy
The Pittsburgh M&A market has faced the same, if not worse, headwinds as the broader U.S. Deal volume for the nine months ended September 30, 2022 was 25.6 percent lower than the same time period in 2021, while September 2022 deal volume was 50 percent lower than September 2021. Still, Pittsburgh saw the closing of several noteworthy transactions....
By Dan Bowman
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 17, 2022
Koppers To Acquire Gross & Janes Co
Koppers Holdings Inc., an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, today announced that Koppers Inc., a wholly-owned subsidiary of Koppers Holdings, has signed a definitive agreement to acquire substantially all of the assets of Gross & Janes Co. for an undisclosed amount....
By Adam Burroughs
October 11, 2022
Ansys To Acquire C&R Technologies
Ansys has signed a definitive agreement to acquire Thermal Desktop maker Cullimore and Ring Technologies, Inc. a/k/a C&R Technologies, the leading provider of orbital thermal analysis. Once integrated into Ansys' existing portfolio, this acquisition will further position Ansys as the industry leader of A&D and NewSpace simulation solutions. ...
By Adam Burroughs
October 8, 2022
JM Steel acquires Sun States and 5 Star Roll Form
JM Steel Corp. (JM) has purchased Five Star Roll Form, LLC. JM Steel is excited to expand its value-added roll form expertise. JM looks forward to building upon the solutions that Five Star has been giving its loyal customer base in the Trailer, Garage Door, Roofing, and Solar industries....
By Adam Burroughs
October 7, 2022
TTG Imaging Solutions Acquires Acceletronics and RadParts
TTG Imaging Solutions, LLC has acquired Acceletronics, headquartered in Exton, PA, and sister company RadParts, headquartered in Haslett, MI. ...
By Adam Burroughs
October 7, 2022
PNC Acquires Fintech Firm Linga
The PNC Financial Services Group, Inc. has acquired Linga, a point of sale (POS) and payments solutions firm providing a cloud-based restaurant operating system. The acquisition of Linga and its...
By Dan Pender
October 7, 2022
Duolingo Acquires Gunner
Duolingo, Inc., a mobile learning platform, announced it has acquired Gunner, a design and animation studio based in Detroit. Duolingo uses animation in its learning apps to drive engagement, keep...
By Dan Pender
October 7, 2022
Civista Bancshares, Inc. to Acquire Vision Financial Group, Inc.
Sandusky, Ohio-based Civista Bancshares, Inc. announced the signing of a definitive stock purchase agreement pursuant to which Civista will acquire all of the issued and outstanding shares of...
By Dan Pender
October 7, 2022
Gather AI Raises $10M
Gather AI, a supply chain robotics company, announced a $10 million Series A financing round led by Tribeca Venture Partners, with participation from existing investors Xplorer Capital, Dundee Venture...
By Dan Pender
October 7, 2022
ERIN Announces $5M Funding Round
ERIN, an employee referral platform, announced the closing of a $5 million financing round led by Reformation Partners. Reformation Partners is joined by BlueTree VC, Grouse Ridge Capital, Yoshimi...
By Dan Pender
October 7, 2022
Accessa Acquires Coatings and Supplies Distributor
Accessa, provider of high-quality coating, chemical, and equipment solutions, announced it has acquired Clark Deco in Pittsburgh. The Indianapolis-based company’s acquisition is consistent with its...
By Dan Pender
October 6, 2022
Gather AI Raises $10M Series A
Gather AI, a supply chain robotics company, received a $10 million Series A financing round led by Tribeca Venture Partners, with participation from existing investors Xplorer Capital, Dundee Venture Capital, Expa, Bling Capital, XRC Labs and 99 tartans. ...
By Adam Burroughs
October 6, 2022
RoadRunner Recycling Acquires Compology
RoadRunner Recycling, a leader in comprehensive sustainable waste management, has acquired Compology, the world's largest waste and recycling smart metering technology company....
By Adam Burroughs
October 5, 2022
F.N.B. Corp Receives Final Regulatory Approvals for UB Bancorp Merger
F.N.B. Corporation has received all regulatory clearances for its proposed merger with UB Bancorp....
By Adam Burroughs
October 3, 2022
Federated Hermes Completes Acquisition Of C.W. Henderson & Associates
Federated Hermes, Inc., a global leader in active, responsible investing, has completed the acquisition of substantially all of the assets of C.W. Henderson & Associates, Inc., a Chicago-based registered investment advisor specializing in the management of separately managed accounts that invest in tax-exempt municipal securities....
By Adam Burroughs
September 30, 2022
PNC To Acquire Linga
The PNC Financial Services Group, Inc. has acquired Linga, a point of sale and payments solutions firm providing an industry-leading, cloud-based restaurant operating system. ...
By Adam Burroughs
September 23, 2022
Len Caric on hiring mistakes
Serial entrepreneur Len Caric on what he learned from his first job, how mentorship has impacted his career, change as a motivator and work/life balance....
By Adam Burroughs
