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August 6, 2020
MRI Software Buys MacMunnis
Solon-based MRI Software has acquired Chicago-based MacMunnis Inc., a provider of lease administration solutions to businesses managing complex lease portfolios....
By Michael Marzec
August 3, 2020
FocusCFO Raises Angel Funding
FocusCFO, a Columbus-based provider of CFO-level financial and management services for small and middle-market companies, recently raised $285,000 of convertible debt financing from undisclosed investors....
By Michael Marzec
August 3, 2020
Kennedy Cottrell Richards and Rea & Associates set to merge
Rea & Associates Inc., a regional accounting and business consulting firm, is set to merge with Gahanna, Ohio-based firm, Kennedy Cottrell Richards....
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 3, 2020
7-Eleven set to acquire Speedway
As part of the agreement, 7-Eleven will acquire approximately 3,900 Speedway stores located in 35 states, for $21 billion in cash....
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 30, 2020
Branch Secures $24 Million Series A
Branch, a technology-driven home and auto insurance company, has closed a $24 million Series A funding round co-led by Greycroft and HSCM Bermuda....
By Adam Burroughs
July 29, 2020
The Riverside Co. invests in GSB & Associates Inc.
The Riverside Co. has invested in GSB & Associates, Inc., a flavor house specializing in custom flavor development....
By Adam Burroughs
July 28, 2020
Modern Hire, with The Riverside Co. support, acquires Sonru
Sonru, a provider of automated video interviewing technology, has been acquired by Modern Hire, with financial support from The Riverside Co....
By Adam Burroughs
July 28, 2020
Buckley King acquires Altick & Corwin
The merger adds to Buckley King's Ohio footprint and brings expanded practice areas including public-sector/municipal law, a military-focused family law practice, and a niche practice in identification and asset protection for Mega Millions and Ohio Lottery winners....
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
July 27, 2020
RVI sells Lowe’s - Newnan Crossing
Retail Value Inc. closed on the sale of the Lowe’s at Newnan Crossing for $15.6 million....
By Adam Burroughs
July 27, 2020
Madison Electric Products acquired by Southwire
Southwire has acquired Madison Electric Products LLC of Solon, Ohio – a manufacturer of high-quality electrical components and accessories....
By Adam Burroughs
July 27, 2020
SMB Insurance Bought By Kernan Insurance Agency
Columbus-based online insurance agency SMB Insurance has been acquired by Kernan Insurance Agency of Powell. Terms were not disclosed....
By Michael Marzec
July 23, 2020
Harrington Industrial Plastics acquires Aetna Plastics
Harrington Industrial Plastics has completed its acquisition of Aetna Plastics, in partnership with Aetna management....
By Adam Burroughs
July 16, 2020
Saucy Brew Works Raises Capital Through Crowdfunding
The Cleveland-based production brewery and brewpub in Ohio City has raised more than $250,000 of an intended $1.07 million through crowdfunding site StartEngine....
By Michael Marzec
July 16, 2020
OPENonline Acquired By Universal Background Screening
Columbus-based OPENonline, a provider of employment background checks and investigative services, has been acquired by Universal Background Screening of Scottsdale, Ariz. Terms were not disclosed.v...
By Michael Marzec
July 15, 2020
Thirty-One Gifts Gets Growth Capital From Kanbrick
Thirty-One Gifts founder Cindy Monroe has taken on a growth equity partner in Kanbrick, the investment firm led by former Waren Buffett deputy Tracy Britt Cool and Brian Humphrey. Terms were not disclosed.v...
By Michael Marzec
July 15, 2020
Aatru Medical Closes Series C Round Financing
Aatru Medical Inc., a Cleveland-based medtech company, completed a Series C financing round for an undisclosed amount with private investors....
By Michael Marzec
July 15, 2020
Indago Raises More Capital
Indago, a Cleveland-based medical device startup, raised $670,000 of new funding in the form of convertible debt from undisclosed investors....
By Michael Marzec
July 14, 2020
Peak Rock Capital Sells ProFusion Industries To Management Group
Peak Rock Capital has sold ProFusion Industries to an investor group led by the company's management. Terms of the deal were not disclosed....
By Michael Marzec
July 13, 2020
Sweden's Sandvik acquires Allied Construction
Sandvik Mining and Rock Technology is buying Cleveland-based Allied Construction Products LLC, a distributor of hydraulic hammers to the construction and mining industries and manufacturer of compactor plates and mounting brackets. Terms were not disclosed....
By Michael Marzec
July 8, 2020
Popcom Crowdfunds $2.3M
PopCom, a Columbus-based smart vending and kiosk startup, has completed its second equity crowdfunding campaign....
By Adam Burroughs
July 8, 2020
CBIZ Acquires Prince-Wood Insurance
CBIZ Inc. has acquired property and casualty insurance agency Prince-Wood Insurance L.L.C....
By Adam Burroughs
July 8, 2020
Snip Internet Acquires Rocket Fiber Residential Internet Services
Snip Internet's acquisition of Rocket Fiber LLC, from Everstream serves as an initial expansion for Snip as they open in additional markets throughout the Midwest in the coming months....
By Adam Burroughs
July 7, 2020
Drive Capital contributes to Immuta's $40M funding round
Drive Capital is among the investors helping Boston-based Immuta, the automated data governance company, secure $40 million in funding....
By Adam Burroughs
July 7, 2020
Sequoia Financial Group gets strategic investment from Kudu Investment Management
Sequoia Financial Group LLC gets a strategic investment from Kudu Investment Management, LLC, an independent provider of long-term capital solutions to asset and wealth managers. Financial terms were not disclosed....
By Adam Burroughs
July 7, 2020
Resilience Capital Partners Portfolio Company CR Brands Sells Laundry Brands
Resilience Capital Partners' portfolio company CR Brands Inc. has completed the sale of its Biz Stain & Odor Eliminator and Dryel “at home dry cleaning” product lines to Scott’s Liquid Gold, Inc....
By Adam Burroughs
July 6, 2020
Bricker & Eckler acquires Ohio PACE, Energize Kentucky from The Greater Cincinnati Energy Alliance
Law firm Bricker & Eckler LLP has acquired the Ohio PACE and Energize Kentucky commercial PACE programs from The Greater Cincinnati Energy Alliance....
By Adam Burroughs
July 3, 2020
Paceline Equity Partners Buys R.E.L.A.M.
Dallas-based PE firm Paceline Equity Partners has acquired Railway Equipment Leasing And Maintenance Inc., a Northfield-based lessor of railroad maintenance-of-way equipment, along with two affiliated companies....
By MIchael Marzec
July 1, 2020
Portfolio Completes Purchase Of NAE/NWAN
National Automotive Experts/NWAN has completed its sale to California-based Portfolio. The deal brings together two leading companies in the finance and insurance products market for the automotive industry....
By Michael Marzec
July 1, 2020
PolyOne completes Clariant Masterbatch acquisition
PolyOne Corp. has completed its purchase of the color masterbatch businesses of Clariant and Clariant Chemicals India Ltd. PolyOne has also changed its name to Avient....
By Adam Burroughs
June 30, 2020
RVI sells Big Oaks Crossing shopping mall
Retail Value Inc. has sold Big Oaks Crossing in Tupelo, Mississippi, for $21 million....
By Adam Burroughs
June 25, 2020
Cyprium Partners makes non-control investment in Chief Enterprises Holding
Cyprium Investment Partners has completed a new preferred equity and subordinated debt investment in Chief Enterprises Holding LLC...
By Adam Burroughs
June 23, 2020
OverDrive to buy RBmedia assets
OverDrive, a Cleveland-based digital reading platform for libraries and schools, is acquiring the assets of RBmedia’s library business, including the RBdigital platform in North America, the United Kingdom and Australia....
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 22, 2020
Installed Building Products buys Nationwide Gutter
Installed Building Products Inc., a Columbus-based national installer of insulation and complementary building products, has acquired Nationwide Gutter LLC, which expands its presence to multifamily and commercial customers throughout Texas and surrounding states....
By Jayne Gest
June 19, 2020
Bravo Wellness Acquires PUSH Wellness
Cleveland-based Bravo Wellness has acquired Chicago-based PUSH Wellness. The companies both provide personalized, progress-based health improvement goals that materially reward each program participant....
By Michael Marzec
June 19, 2020
Group Management Services buys Corporate Business Solutions
Richfield, Ohio-based Group Management Services Inc. has acquired Corporate Business Solutions, a Georgia human resources outsourcing provider. The transaction will further extend GMS’ client base outside of Ohio and increase its presence in the Southeast....
By Jayne Gest
June 17, 2020
Champion ONE merges with Approved Networks
Champion ONE, a Cleveland-headquartered designer, marketer and supplier of optical networking components worldwide, has merged with Orange County, California’s Approved Networks and its affiliate, U.S. Critical....
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
Chemtron buys Vexor Technology
Avon-headquartered Chemtron Corp., a portfolio company of Kinderhook Industries LLC, has acquired Vexor Technology LLC, a regional provider of non-hazardous waste processing services and alternative energy solutions located in Medina....
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 10, 2020
Aware raises $2.2M in venture funding
Nullable Inc., dba Aware, recently raised $2.2 million in venture funding in the form of convertible debt from undisclosed investors, bring the Columbus company’s total funds raised to date to $11.1 million through five rounds, PitchBook reports....
By Jayne Gest
June 10, 2020
Nationwide invests in Planck
Nationwide recently made a venture capital investment in Planck, which has created an artificial intelligence-driven data platform for commercial insurance. The funding, which was part of a $16 million Series B round, comes from Nationwide’s $100 million venture capital investment fund....
By Jayne Gest
