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January 23, 2020

Boschini Miller and Associates sold

Fort Lauderdale-headquartered FMS Solutions has acquired Boschini Miller and Associates, an 18-person accounting services firm in Westmoreland County that provides support to multiple grocery, restaurant and other retail environments....

By Jayne Gest

January 23, 2020

Seeley Law Office Merges Into Buckley King

The deal is expected to provide Seeley’s client base with a broader range of legal services, as well as enhance Buckley King’s service offerings to clients....

By Mark Scott

January 23, 2020

Cresco Labs Enters Into Senior Secured Credit Agreement

Cresco Labs has entered into a non-brokered credit agreement for a senior secured term loan in an initial aggregate principal amount of up to $100 million, with a mutual option to increase the size of the facility to a maximum of $200 million....

By Mark Scott

January 23, 2020

AMS Fulfillment Holdings acquires EchoData Group

Fort Point Capital, a Boston-based private equity firm, announced that its portfolio company, AMS Fulfillment Holdings LLC, has acquired EchoData Group....

By Adam Burroughs

January 22, 2020

Walton Street Capital, CT Realty Acquire Columbus, Ohio Parcel

CT acquired the 382-acre property in a joint venture with Walton Street Capital, a Chicago-based private equity real estate investment firm that has invested over $11 billion in real estate equity....

By Mark Scott

January 22, 2020

R&D Coatings sold to Universal Woods

R&D Coatings, which operates in Pittsburgh, has been acquired by Louisville-headquartered Universal Woods LLC, a portfolio company of Capital Partners....

By Jayne Gest

January 22, 2020

Regent Square Capital teams up to buy Generator Source

Pittsburgh private equity sponsor Regent Square Capital and Houston PE firm Galtney Partners have acquired Generator Source LLC, a sales and service provider of commercial standby generators and related services in Colorado and Southern Wyoming....

By Jayne Gest

January 22, 2020

Tenth And Blake Buys Detroit-Based Atwater Brewery

Tenth and Blake Beer Co. is the Chicago-based U.S. craft division of Molson Coors Beverage Co. Atwater Brewery is highly regarded in the Michigan craft beer community for its traditional German-style lagers and unique ales....

By Mark Scott

January 22, 2020

BGL Sells Texas Medical Office Building

Brown Gibbons Lang & Co. announced the real estate sale of the Musculoskeletal Institute of Tyler, consisting of approximately 68,952 total rentable square feet....

By Mark Scott

January 22, 2020

Adaptimmune Therapeutics to launch $84M IPO

Adaptimmune Therapeutics plc, which uses T-cell therapy to treat cancer, is pricing an underwritten public offering of 21,000,000 of its American Depositary Shares at a price to the public of $4 per ADS....

By Adam Burroughs

January 22, 2020

The Pennsylvania Trust Co. bought by Fiduciary Trust Company International

Fiduciary Trust Company International, a global wealth manager, is set to acquire The Pennsylvania Trust Company, a wealth management firm in the Philadelphia area....

By Adam Burroughs

January 22, 2020

Accupac acquired by Palladium Equity Partners

Palladium Equity Partners LLC, a middle market private equity firm, has acquired Mainland-based Accupac Inc., a provider of outsourced manufacturing and packaging solutions for the personal care and beauty markets....

By Adam Burroughs

January 22, 2020

382 acres in Rickenbacker Industrial Park purchased

CT Realty and Walton Street Capital have purchased 382 acres of industrial land in Columbus, for the development of 5.7 million square feet of large scale warehouse and distribution space....

By Jayne Gest

January 21, 2020

Drive Capital closes fund with $300M raised

Columbus venture capital firm Drive Capital recently closed its OverDrive Fund I, PitchBook reports. The fund targeted $400 million in its original paperwork but closed with $300 million....

By Jayne Gest

January 21, 2020

Incline Equity raises $1.165B for latest fund

Incline Equity Partners has closed Incline Equity Partners V, L.P. and Incline Equity Partners V-A, L.P. on $1.165 billion of capital commitments. The fund was oversubscribed above its initial target of $850 million....

By Jayne Gest

January 21, 2020

Ohio Transmission Corps buys second Arizona company

Columbus-headquartered Ohio Transmission Corporation has acquired Laron Inc. The purchase of the service provider of mechanical and electric motor repair will further OTC’s expansion into the Southwest....

By Jayne Gest

January 21, 2020

Kinetics Noise Control sold to Arkansas company

The Stephens Group LLC finalized its acquisition of Dublin-based Kinetics Noise Control Inc., and formed a new company, Catalyst Acoustics Group, which will serve as a platform for a group of acoustic, seismic, vibration and noise control companies....

By Jayne Gest

January 21, 2020

The Shops at Worthington Place has a new owner

Dallas Investment company Direct Retail Partners has purchased The Shops at Worthington Place for a reported $19.8 million....

By Jayne Gest

January 21, 2020

Wynnchurch Capital Closes Fund V At $2.277B

The fund, which had a target of $1.6 billion, was significantly oversubscribed, resulting in the fund reaching its hard cap and closing quickly after its initial launch in September 2019....

By Mark Scott

January 21, 2020

Toro Co. Buys Orrville-Based Venture Products

Ventrac is a manufacturer of articulating turf, landscape, and snow and ice management equipment for the grounds, landscape contractor, golf, municipal and rural acreage markets....

By Mark Scott

January 21, 2020

Eaton Agrees To Sell Hydraulics Business For $3.3B

The business had sales of $2.2 billion in 2019 and employs approximately 11,000 people. Eaton is retaining the filtration and golf grip businesses currently reported in the company’s hydraulics segment....

By Mark Scott

January 21, 2020

Reynolds Consumer Products Sets IPO Terms

The company has applied to list its shares of common stock on the Nasdaq Global Select Market under the ticker symbol “REYN.”...

By Mark Scott

January 21, 2020

Qlik buys RoxAI

Qlik has acquired RoxAI and its Ping intelligent alerting software....

By Adam Burroughs

January 21, 2020

Cerity Partners, Sullivan & Serwitz Merge

Cerity Partners has merged with Los Altos, California-based wealth management firm Sullivan & Serwitz. With this merger, Cerity Partners now manages approximately $26 billion in assets....

By Mark Scott

January 21, 2020

Circonus raises $6.8M Series A1

Circonus has received a $6.8 million Series A1 investment to continue advancing its machine data intelligence platform and meet market demand for machine data intelligence across multiple industries....

By Adam Burroughs

January 21, 2020

Magna Legal Services acquires RecordTrak

Magna Legal Services LLC has acquired RecordTrak Inc. in King of Prussia. Magna Legal Services continues to expand its service line, Record Retrieval, by acquiring a provider in the litigation support space....

By Adam Burroughs

January 21, 2020

Radian Group sells Clayton Services to Covius Holdings

The sale is consistent with Radian’s strategic focus on its core mortgage and real estate businesses and reflects the repositioning of its services segment initiated in 2017....

By Adam Burroughs

January 20, 2020

Birchmere Ventures to top off fund with $10M

Pittsburgh’s Birchmere Ventures is raising another $10 million with its BV5 Annex LLC that goes along with its active Birchmere Ventures V fund, according to a SEC filing....

By Jayne Gest

January 20, 2020

LJB Buys Eastlake-Based GGJ

GGJ provides professional landscape architecture, planning, civil and environmental engineering, water resources, surveying, and construction inspection services, primarily for municipalities and other public entities....

By Mark Scott

January 20, 2020

Direct Travel Buys Cleveland-Based Professional Travel

Founded in 1963, Professional Travel employs more than 175 employees with total combined sales of $448 million and represents Direct Travel’s largest acquisition in the U.S. to date....

By Mark Scott

January 20, 2020

First Federal Bank, Home Savings Bank Merger Gets Fed Approval

The transaction was announced on September 9, 2019, and is expected to close on Jan. 31, pending the satisfaction of all closing considerations....

By Mark Scott

January 20, 2020

Samya.AI Raises $6M In Seed Funding Led By Sequoia India

Samya.AI is an enterprise revenue growth AI SaaS company headquartered in Chicago with offices in London and its main product and R&D center in Bangalore, India....

By Mark Scott

January 16, 2020

Aqua America receives approval for People’s merger

Aqua America Inc., which is headquartered in Bryn Mawr, Pennsylvania, will take a new company name, Essential Utilities Inc., as of Monday, Feb. 3. The announcement comes after the Peoples acquisition received regulatory approval at the Pennsylvania Public Utility Commission’s Jan. 16 meeting....

By Jayne Gest

January 16, 2020

Serpentini, Ganley Partner To Buy Three Pat O'Brien Dealerships

Bob Serpentini, in conjunction with partner Ken Ganley, has acquired three Pat O’Brien Chevrolet dealerships in Medina, Westlake and Willoughby. The deal, effective immediately, creates the largest Chevrolet dealership group in Ohio and one of the largest in the country....

By Mark Scott

January 15, 2020

Digital Dream Labs buys Anki Robotics & Artificial Intelligence assets

Digital Dream Labs has acquired Anki Robotics and Artificial Intelligence assets without taking on any liabilities, effective immediately. The Pittsburgh company plans to relaunch the product line, deploy new features and develop new robots....

By Jayne Gest

January 15, 2020

GA Investment joins Stratos Wealth Advisors

Stratos Wealth Advisors, a Stratos Wealth Network company, has added Pittsburgh-based GA Investment Management, with committed assets of $400 million, to its network of independent financial advisers. Stratos is headquartered in Beachwood, Ohio....

By Jayne Gest

January 15, 2020

EQT prices senior notes

Pittsburgh-headquartered EQT Corp. has priced an offering of $1 billion of its 6.125 percent senior notes due Feb. 1, 2025 and $750 million of its 7 percent senior notes due Feb. 1, 2030....

By Jayne Gest

January 15, 2020

Retail Value Inc. Sells Georgia Shopping Parcel In $11.6M Deal

Net proceeds were used to repay mortgage debt associated with RVI....

By Mark Scott

January 15, 2020

MRI Software Gets Investment From Harvest Partners

Harvest Partners joins existing investors TA Associates and GI Partners as institutional shareholders in MRI. At the same time, TA Associates is also making a significant new investment in the business....

By Mark Scott

January 15, 2020

Beet Analytics Technology Raises $5.64M In Venture Funding

As of Jan. 15, the Plymouth-based company has raised a total of $7.48 million....

By Mark Scott

January 15, 2020

Turnspire Capital Buys MPI Holdings

Founded in 1969, MPI is a Tier 1 supplier of high-precision, fineblanked metal components, and is a leader in safety and mission-critical automotive and industrial parts....

By Mark Scott

January 15, 2020

Amynta Completes Deal To Buy American AutoGuardian

The AAGI acquisition is expected to further solidify Amynta's market leading position, now serving approximately 15,000 dealerships in the U.S. and Canada....

By Mark Scott

January 15, 2020

European Commission Conditionally Approves Synthomer Deal To Buy OMNOVA

Beachwood-based OMNOVA continues to expect the acquisition to be completed in early 2020....

By Mark Scott

January 15, 2020

Phoenix Rehab purchases Youngstown area clinics

Phoenix Rehabilitation and Health Services has acquired Youngstown-based TuDor Physical Therapy, which becomes the company’s first group of clinics in Ohio. This brings Phoenix’s total clinics to 117....

By Jayne Gest

January 15, 2020

May River Capital Buys NSL Analytical Services

Under the leadership of Larry Somrack, NSL has grown to approximately 75 employees serving over 1,700 customers globally from two locations in Warrensville Heights, Ohio....

By Mark Scott

January 15, 2020

Report: Duane Morris explores merger with Satterlee Stephens

Philadelphia-based law firm Duane Morris is reportedly discussing a merger with New York law firm Satterlee Stephens, according to Law.com....

By Adam Burroughs

January 14, 2020

JetSelect Aviation sold to Jet Edge

Van Nuys, California-headquartered Jet Edge International has acquired Columbus-based JetSelect Aviation to create one of the most diverse fleets of aircraft based throughout the U.S....

By Jayne Gest

January 14, 2020

UPMC Enterprises to invest $1B

UPMC Enterprises plans to deploy $1 billion to develop new drugs, diagnostics and devices by 2024. The investment group also has expanded its focus to include retinal and respiratory disease, autoimmune diseases, neuroinflammation and others....

By Jayne Gest

January 14, 2020

Wynnchurch Capital-Backed Midland Industries Buys Stainless Adapters Inc.

SAI CEO Michael Baker will join Midland as general manager of the company’s new Houston distribution center, which is slated to open in the spring of 2020....

By Mark Scott

January 14, 2020

Fairmount Partners advises Insight Workforce Solutions in sale to Kelly Services

Fairmount Partners, a middle-market investment bank, served as the exclusive financial adviser to Insight throughout the transaction....

By Adam Burroughs