Skip to Content

Local Deals - Smart Business Dealmakers

Newsletter Desktop Newsletter Mobile
October 18, 2019

DTE Midstream Expands Growth Platform With $2.25B Acquisition

The company has agreed to acquire a gathering system and gathering pipeline in the Haynesville shale formation of Louisiana for a purchase price of $2.25 billion in cash, plus a $400 million milestone payment upon completion of the gathering pipeline in the second half of 2020....

By Mark Scott

October 18, 2019

Young Alfred closes $10M VC round

Young Alfred, a Philadelphia-based provider of an online home insurance marketplace that enables consumers to compare and buy home insurance, has raised $10 million in venture funding from undisclosed investors....

By Adam Burroughs

October 17, 2019

Piston Group buys Marion Industries

Piston Automotive, a subsidiary of the Piston Group formed by Detroit businessman and NBA legend Vinnie Johnson, has acquired Ohio-based Marion Industries, a Tier 1 assembler of brake modules for Honda of America. The deal expands Piston Automotive’s footprint into the Central Ohio region and further diversifies the company’s growing list of OEM customers....

By Jayne Gest

October 17, 2019

Accolade gets $20M from Humana

The strategic investment will allow the two organizations to tailor the Humana with Accolade solution for a broader base of fully-insured and ASO prospects and clients....

By Adam Burroughs

October 17, 2019

TELA Bio files for IPO

TELA Bio, the Malvern-based commercial stage medical technology company, has filed an S-1 statement with the Securities and Exchange Commission ahead of a planned $69-million IPO....

By Adam Burroughs

October 17, 2019

Mebias Discovery closes $3.5M raise

The investment will be used by Mebias Discovery to expand its pipeline with new gastrointestinal and inflammation programs, applying the company’s novel platform to find drugs with significantly less, or negative, on‑target adverse effects....

By Adam Burroughs

October 16, 2019

Image Architects purchased

CPL, a Rochester, New York-headquartered architecture, engineering and planning firm, has expanded its footprint with the acquisition of Image Associates Inc. The strategic transaction should allow CPL to better serve its current clients while establishing new relationships in the Pittsburgh region....

By Jayne Gest

October 16, 2019

Achillion Pharmaceuticals to be bought by Alexion Pharmaceuticals

The initial consideration of approximately $930 million, or $6.30 per share of Achillion common stock, will be funded by Alexion with cash on hand....

By Adam Burroughs

October 16, 2019

Galera Therapeutics launches IPO

Galera Therapeutics, a Malvern-based biopharmaceutical firm, has filed to go public on the Nasdaq stock exchange under the ticker symbol of GRTX. The expected offering amount is $86....

By Adam Burroughs

October 16, 2019

Riverside Exits Fisher Unitech

The Riverside Co. has sold Fisher Unitech, a provider of 3D design software tools and 3D printers, to Buffalo Grove, Illinois-based Computer Aided Technology, a portfolio company of CIVC Partners L.P....

By Mark Scott

October 16, 2019

Perfect Home Services To Buy Able Heating & Cooling

Able Heating & Cooling owners Pete and Sherry Manthe will remain with the business for the next couple of years to ensure a smooth transition for their customers....

By Mark Scott

October 16, 2019

Parts Town, Heritage Foodservice Group Reach Deal To Combine

This deal is expected to further enhance the availability, delivery and overall experience of finding and buying genuine OEM parts for service companies, restaurants and institutional customers in the U.S., Canada and around the world....

By Mark Scott

October 16, 2019

Adtalem Confirms Talks Regarding Potential Sale of Brazil Portfolio

Adtalem Educacional do Brasil is a member of the global organization and currently operates 13 educational institutions throughout the country....

By Mark Scott

October 16, 2019

Keystone Capital Sells Avalon Precision Casting

The combination of Avalon's investment castings capabilities and Sigma's global casting and precision machining capabilities is expected to bring significant product sourcing, supply chain management and scale opportunities to each company's customer base....

By Mark Scott

October 15, 2019

Eaton Agrees To Sell Lighting Business In $1.4B Deal

The decision to sell the lighting business comes after completing a comprehensive review of various potential transaction alternatives to maximize shareholder value....

By Mark Scott

October 15, 2019

NEP Group buys SOS Global Express

NEP Group has acquired SOS Global Express, an independent international freight forwarding and logistics company that specializes in broadcast, entertainment, music and professional sports teams and leagues. The transaction is consistent with NEP’s strategy of becoming the world leader in broadcast services and live events....

By Jayne Gest

October 15, 2019

Fairways of Naperville Apartment Community Is Sold

The 17-acre garden style property includes 13 two-story residential buildings as well as a clubhouse, fitness center, dog park and other in-demand amenities....

By Mark Scott

October 15, 2019

Genpact To Buy Rightpoint

Genpact has agreed to acquire Chicago-based Rightpoint in a deal intended to help clients drive end-to-end digital transformation and win in the growing experience economy....

By Mark Scott

October 15, 2019

Rockbridge Growth Equity Invests In White Glove

Birmingham-based White Glove has seen explosive growth over the past three years and has grown into a company with more than 115 employees that has helped more than 1,000 service professionals across the U.S. and Canada grow their business....

By Mark Scott

October 15, 2019

RIA In A Box Buys SF-Based Gordian Compliance Solutions

The combination is expected to bring RIA in a Box's software to a greater audience of registered investment advisers, private funds and broker dealers and deepen the company's regulatory expertise, further enabling RIA in a Box to provide value-add compliance software and support to firms of all sizes....

By Mark Scott

October 14, 2019

Fitts raises investment round

Pittsburgh startup Fitt has completed an investment round. Mountain State Capital led the round with participation from Riverfront Ventures and MINDBODY, as well as continued support from previous investor TNC Ventures, which includes Bob and Bill Nutting as partners....

By Jayne Gest

October 14, 2019

Lovell Minnick Partners Buys Billhighway

Troy-based Billhighway provides SaaS-based accounting and transaction processing services to MBOs such as fraternities, sororities, unions and associations....

By Mark Scott

October 14, 2019

Huron Capital-Backed Sciens Building Solutions Buys Florida Company

This transaction represents the most recent acquisition completed by Sciens since Huron Capital formed the company in 2016 to pursue a buy-and-build investment strategy in the fire detection and integrated solutions sector....

By Mark Scott

October 11, 2019

Navv Systems Raises $50,000 Of Angel Funding

Navv Systems is a software company that uses Indoor Positioning technology to provide pedestrian traffic control for hospitals and healthcare systems....

By Mark Scott

October 11, 2019

FMX gets strategic investment from Five Elms

Facilities Management eXpress, a facilities and maintenance management software platform, has received an undisclosed strategic investment from Five Elms Capital. The partnership with Five Elms will fuel the continued expansion of FMX....

By Jayne Gest

October 11, 2019

Hunter Fan Co. Buys Jan Fan

Headquartered in Michigan and Ohio, Jan Fan is a manufacturer and distributor of fixed and rolling-mount caged fan solutions for commercial and industrial workspaces....

By Mark Scott

October 11, 2019

Brio Device Raises $500K In Series B Venture Funding

This funding follows a $1.25 million grant the company received in September from the National Institutes of Health in Bethesda, Maryland....

By Mark Scott

October 10, 2019

MEDNAX Agrees To Sell MedData Business To Frazier Healthcare Partners

The Brecksville-based MedData currently serves more than 10,000 physicians with a network of more than 3,000 facilities and 20 regional offices across the U.S....

By Mark Scott

October 10, 2019

Thogus Products Buys Proto Plastics

Founded in 1969, Proto Plastics is a low-volume plastic injection molding and contract manufacturing company specializing in technically demanding, close tolerance parts and assemblies....

By Mark Scott

October 10, 2019

Neuro Kinetics purchased by Neurolign

Toronto-headquartered Neurolign Technologies Inc. has acquired Neuro Kinetics Inc., which delivers neurofunctional assessments through clinical eye-tracking and non-invasive neurofunctional diagnostic testing. The acquisition of the Pittsburgh company accelerates Neurolign’s mission to improve the lives of patients suffering from neurological disorders like concussions....

By Jayne Gest

October 10, 2019

Fi360 to be sold to Fintech Broadridge

Broadridge Financial Solutions Inc., a $4 billion Long Island, New York-based Fintech company, has agreed to acquire Pittsburgh’s Fi360 Inc. The transaction will help enhance Broadridge’s existing retirement solutions and further strengthen the firm’s data and analytics tools and solutions....

By Jayne Gest

October 9, 2019

Ilera Therapeutics to merge with Zelda Therapeutics

The merger between Zelda and Ilera Therapeutics is expected to create a global medicinal cannabis company, which will be rebranded as "Zelira Therapeutics Limited."...

By Adam Burroughs

October 9, 2019

W2O acquires Arcus Medica

With the integration of Arcus, W2O’s scientific and medical communications team will comprise approximately 40 employees, including 16 doctoral-level experts....

By Adam Burroughs

October 9, 2019

Penguin Evgeni Malkin invests in Pittsburgh Knights

Hockey superstar Evgeni Malkin, who is an avid gamer, has invested in the Pittsburgh Knights, an esports company. This partnership exemplifies the Knights business model of taking the best practices from traditional sports and translating them into esports....

By Jayne Gest

October 9, 2019

MSX International Buys California-Based PTS

With the acquisition of PTS, MSX expects to strengthen its Channel Management product portfolio with PTS's suite of software tools, proven e-learning and training management platforms....

By Mark Scott

October 9, 2019

Middlefield Banc Corp. Declares Two-For-One Stock Split

Each shareholder of record at the close of business on Oct. 25 will receive one additional share for every outstanding share held on the record date. The additional shares are payable on Nov. 8....

By Mark Scott

October 8, 2019

Knowble Media purchased by SimpsonScarborough

SimpsonScarborough has acquired Knowble Media, a Columbus digital media agency that specializes in website design and video production for higher education. The strategic acquisition expands the Washington D.C. company’s list of services to include digital offerings in addition to research, strategy and creative....

By Jayne Gest

October 8, 2019

FedEx truck terminal sold to Sealy & Co.

Sealy & Company, a Dallas-headquartered commercial real estate investment and operating company in the industrial real estate market, has acquired a 252-dock door Class A truck terminal in West Jefferson. The facility’s accessible location and rapidly expanding bulk industrial submarket made it attractive to Sealy....

By Jayne Gest

October 8, 2019

Battelle sells DroneDefender assets

Dedrone, a San Francisco company that specializes in counter-small unmanned aircraft systems technology, has purchased all assets and intellectual property associated with DroneDefender from Battelle. Dedrone plans to launch a new consultancy that detects and classifies airspace activity, protects assets from drone threats and defeats adversary drones....

By Jayne Gest

October 8, 2019

Evoqua buys majority stake in Frontier Water

Evoqua Water Technologies has acquired a majority investment in San Diego-based Frontier Water Systems LLC, which develops equipment packages for high-rate treatment and removal of selenium, nitrate and other metals from complex waste streams. The strategic investment follows Evoqua’s strategy to grow its portfolio of advanced wastewater treatment technologies and commit to sustainable solutions....

By Jayne Gest

October 8, 2019

Scotts Miracle-Gro prices senior notes

The Scotts Miracle-Gro Co. has priced an offering of $450 million for 4.5 percent senior notes due 2029. The company intends to use the net proceeds to redeem all of its outstanding 6 percent senior notes due 2023 and for general corporate purposes....

By Jayne Gest

October 8, 2019

SPA Reaches Deal To Buy Jigsaw Systems

Cleveland-based SPA will acquire the Jigsaw assets, people, and customer contracts, and the merged business will operate under the SPA brand....

By Mark Scott

October 8, 2019

Huron Capital-Backed InterVision Makes Sixth Acquisition

SeyVu specializes in machine learning and artificial intelligence, and all of its related interests, assets and intellectual properties....

By Mark Scott

October 8, 2019

Hub International Buys Ontario-Based PDF Financial

Toronto, Ontario-based PDF is an independent brokerage offering consulting and outsourcing services for employee benefit programs, human resources and related financial advice....

By Mark Scott

October 8, 2019

Hometown Food Co. Buys Arrowhead Mills, SunSpire Brands

Hometown Food Co. was formed by Brynwood Partners in June 2018 to acquire a portfolio of brands from The J.M. Smucker Co....

By Mark Scott

October 8, 2019

PharmaCann, MedMen Agree To Terminate Deal

As part of the agreement to terminate, and in exchange for satisfaction of amounts funded by MedMen to PharmaCann under a line of credit, Culver City, California-based PharmaCann has agreed to pay a termination fee to MedMen....

By Mark Scott

October 8, 2019

Cresco Labs Closes On NY Acquisition

As a result of this acquisition, Chicago-based Cresco Labs now holds one of the 10 vertically integrated cannabis business licenses granted in the state of New York by the New York State Department of Health....

By Mark Scott

October 7, 2019

Dawson & Associates sold to Cincinnati firm

Dawson & Associates LLC, a workers’ compensation boutique firm, has been acquired by Dinsmore & Shohl LLP. The move doubles Dinsmore’s workers’ compensation group in the Columbus area. Dinsmore now has 79 total attorneys in Columbus, and the firm is already the seventh-largest in the city....

By Jayne Gest

October 7, 2019

Cohen & Grigsby to combine with Dentons US, Bingham Greenebaum

Dentons US, Bingham Greenebaum and Cohen & Grigsby have proposed a combination and new partnership, with the goal of building national law firm capable of serving clients from coast to coast as well as around the world. The transaction would make it the 10th largest law firm in the U.S....

By Jayne Gest

October 7, 2019

Fairfield Inn & Suites Pittsburgh Downtown sold

Woodmont Lodging, a Maryland hotel company, and Milestone Companies, a Baltimore real estate development company specializing in hotel assets, have completed acquisition of the newly constructed, 98-room Fairfield Inn & Suites Pittsburgh Downtown....

By Jayne Gest