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June 19, 2024
Transtar Buys PPi Automotive
Cleveland-based Transtar Holding Co. has acquired PPi Automotive, a family-owned and -operated automotive parts wholesale distributor in Pittsburgh. T...
By SBN Staff
January 5, 2024
Ascent Industries Sells Specialty Pipe & Tube for $55 Million
Ascent Industries Co., an industrials company focused on the production and distribution of industrial tubular products and specialty chemicals, announced the sale of the business of Specialty Pipe &...
By Staff Reports
August 18, 2023
An Uncertain Economy Brings The Focus Inward
The uncertainty of the current state of the economy has driven Jim Banovich, CEO of Marsh Electronics to invest into the company and start getting it in position for the next generation and the next...
By Adam Burroughs
June 23, 2023
Cumberland Diversified Metals Acquired by Slate Capital
Slate Capital Group, a private equity investment group based in Baltimore, Nashville, and Cincinnati that partners with lower-middle market companies, announced its acquisition of Cleveland’s...
By Dan Pender
August 11, 2020
Pipeline Packaging Acquires Houston Based HAZMATPAC, Inc.
Pipeline Packaging, a distributor of rigid industrial containers, has acquired HAZMATPAC Inc., a manufacturer and distributor of packaging containers for the transport of hazardous materials....
By Adam Burroughs
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
April 27, 2020
MWE Sales recapitalizes with funding from Provariant, Tecum
Midwest Equipment Sales has taken on investment partners in order to grow the Columbus-headquartered business. The funding was led by Provariant Equity Partners, with investment from Tecum Capital Partners, the existing CEO and Centerfield Capital Partners....
By Jayne Gest
January 8, 2020
Network Services Co. Closes Deal With Strategic Market Alliance
The Schaumburg-based company expects to generate over $20 billion in revenue with over 130 distributor members and more than 900 locations in 52 countries....
By Mark Scott
November 19, 2019
Network Services, SMA Agree To Merge, Create $22B Company
The combined company, which will retain the Network Services name, expects to have more than 130 distributor members and over 900 locations in 50 countries....
By Mark Scott
October 2, 2019
TPC Wire & Cable buys Pittsburgh Wire and Cable
Macedonia, Ohio-based TPC Wire & Cable Corp. has completed the purchase of Pittsburgh Wire and Cable Inc. The acquisition allows TPC to further penetrate new end user markets and expand its current portfolio of high-performance wire and cable solutions....
By Jayne Gest
September 23, 2019
Maroon Group grows distribution capabilities with Cambrian Solutions acquisition
This marks Maroon Group’s 10th add-on acquisition and significantly extends the company’s North American footprint....
By Adam Burroughs
September 20, 2019
Gregory Cessna On Why Due Diligence Drives Post-Deal Synergies
The CEO of Consumer Fresh Produce says the work that’s done before the deal paperwork is signed is often the most critical to long-term success....
By Jayne Gest
September 5, 2019
Warren Anderson: Early McDonald's Deal Built Distribution Powerhouse
Warren Anderson admits his approach to dealmaking is less refined than that of many entrepreneurs. “I'm kind of like a cowboy,” the founder of The Anderson-DuBose Co. says....
By Mark Scott
August 6, 2019
Dot Family Holdings buys OmniCable
West Chester’s OmniCable is set to be acquired by a subsidiary of Dot Holdings Co (DHC), which is owned by Dot Family Holdings (DFH), and join its portfolio of companies....
By Adam Burroughs
August 6, 2019
3 Rivers Capital buys Interlight
Pittsburgh PE firm 3 Rivers Capital has acquired Interlight, a family-owned and operated online distributor of specialty and replacement products that focuses on rare, hard-to-find light bulbs and batteries. 3RC will work to build on the value of the company, which is headquartered outside of Chicago, by collaborating with Interlight’s current management team....
By Jayne Gest
July 26, 2019
Maroon Group buys Amsyn
The national distributor of specialty chemicals to the coatings, lubricants, nutraceutical, pharmaceutical, and electronics industries will continue to be led by current management....
By Adam Burroughs
June 26, 2019
DawnChem bought by Nichols
DawnChem, a family owned and operated cleaning supplies and equipment company in Cleveland, has been acquired by Nichols, a Norton Shores, Mich.-based distributor to the industrial, food processing, education, building service contractors, health care and hospitality industries....
By Adam Burroughs
June 18, 2019
Ohio Transmission Corp. buys Wisconsin, Minnesota companies
Furey Filter & Pump and PSI Engineering will continue to operate under their current names and with current management, including President George Furey and Vice President Jack Furey....
By Jayne Gest
June 13, 2019
WESCO and Plug and Play launch accelerator
The Silicon Valley organization's newest accelerator, B2B Sales and Distribution, will focus on industry-specific startups and their technologies....
By Jayne Gest
May 14, 2019
Three Rivers Packaging purchased by The Cary Company
The McKees Rocks company, which initially focused on the sale of new and reconditioned steel drums, has evolved to become the area’s leading IBC re-bottler/reconditioner....
By Jayne Gest
May 3, 2019
Incline’s Continental Batteries makes two more acquisitions
Incline Equity Partners’ portfolio company Continental Batteries has acquired Metroplex Battery and Ellis Battery, distributors of aftermarket batteries. This marks eight acquisitions for Continental in nine months....
By Jayne Gest
May 3, 2019
Midwest Industrial Rubber, an Incline co., closes fifth acquisition
Midwest Industrial Rubber, a portfolio company of Pittsburgh’s Incline Equity Partners, has acquired The Atlanta Belting Co., a specialty fabricator and distributor of lightweight conveyor belting and accessories....
By Jayne Gest
April 24, 2019
OTC's Philip Derrow: On ESOPs, culture and getting good advice
Ohio Transmission CEO Phil Derrow, talks about the challenges of ESOPs, openness during transactions and two important rules when making deals....
By Jayne Gest
April 10, 2019
Ohio Transmission sold to Genstar Capital
Ohio Transmission Corp. has been acquired by Genstar Capital, a San Francisco private equity firm. The new owners will support OTC’s strategy of product and geographic expansion organically as well as through strategic acquisitions....
By Jayne Gest
March 14, 2019
Incline Equity’s Continental Batteries gets a boost, buys Battery Sales & Service
Continental Batteries, a battery distributor and a portfolio company of Pittsburgh private equity firm Incline Equity Partners, is acquiring Battery Sales & Service in its sixth acquisition in just over seven months....
By Adam Burroughs
December 12, 2018
Alpha Imaging adds sales and service partner
Alpha Imaging, a Cleveland distributor of advanced medical imaging equipment, has acquired Modern Imaging of Massachusetts....
By Adam Burroughs
September 28, 2018
Stelfast acquired by Harbour Group’s Lindstrom
Stelfast is a stocking master distributor of fasteners and specialty parts with 10 distribution locations across North America....
By Adam Burroughs
June 8, 2018
IMCD’s John Mastrantoni
John Mastrantoni shares his advice on how to maximize results and minimize surprises by preparing — personally and financially — for the sale of your business....
By Brooke Bilyj
May 18, 2018
Maroon Group picks up 8th add-on under CI Capital
Maroon has acquired J. Tech Sales, a national distributor of specialty chemicals and ingredients....
By Adam Burroughs
April 19, 2018
Goodyear, Bridgestone form national distributor, TireHub
TireHub, which will be run by an independent management team, is a 50-50 joint venture between Goodyear and Bridgestone that will offer a comprehensive range of passenger and light truck tires....
By Adam Burroughs