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April 9, 2020

Riverside Adds QueTel To Omnigo Safety Platform

The Cleveland PE firm has acquired Virginia-based QueTel, a provider of digital and physical evidence management software, as an add-on to its Omnigo Software platform....

By Michael Marzec

April 8, 2020

Novelis Clears Final Hurdle In Aleris Purchase

Atlanta-based Novelis Inc. has received the final clearance needed to complete its acquisition of Beachwood-Based Aleris Corp., a global supplier of rolled aluminum products....

By Michael Marzec

April 2, 2020

Synthomer Completes Purchase of OMNOVA Solutions

Synthomer said the acquisition makes it a major world-wide player in water-based polymer solutions....

By Michael Marzec

April 2, 2020

Riverside-backed Red Nucleus Acquires Pyxa

Riverside Company-backed Red Nucleus Enterprises has acquired Malvern, Pa.-based Pyxa Solutions, a provider of cross-functional R&D services. Regulatory Affairs. Pyxa's principals retained a significant interest in the combined company....

By Michael Marzec

March 31, 2020

Snip Internet Lands $7.75M Series B Round

Cleveland-based Snip Internet closed a $7.75 million Series B venture round led by Peppertree Capital Management, according to PitchBook....

By Michael Marzec

March 24, 2020

Riverside Acquires Red Nucleus For Training And Education Platform

The Riverside Company has acquired Red Nucleus Enterprises, LLC to add to its life sciences training and education platform. Terms were not disclosed....

By Michael Marzec

March 23, 2020

Resilience Capital Partners Announces JV With MicroShield

The deal is intended to help meet the increased demand for an EPA-registered, FDA-approved antimicrobial shield that kills 99.99 percent of pathogens and ensures that treated surfaces are protected with a self-disinfecting barrier for up to one year....

By Mark Scott

March 21, 2020

Sherwin-Williams Reaffirms Financial Guidance, Pays $49.4M For HQ Land

Sherwin-Williams has reached a deal to pay $49.4M for nearly 7 acres of property downtown to be used for the company’s new Cleveland headquarters, according to a story on Cleveland.com....

By Mark Scott

March 20, 2020

Levin Furniture deal is reportedly off

Pittsburgh-based Levin Furniture former President and owner Robert Levin’s agreement to come out of retirement to save the company has reportedly been called off....

By Jayne Gest

March 19, 2020

Cori Care, Absolute Care purchased by Caregiver Inc.

Caregiver Inc., a Fort Worth, Texas-based provider of long-term care services and supports to people with intellectual and developmental disabilities, has acquired four companies in Indiana, Ohio and Tennessee, including Cori Care and Absolute Care in Columbus....

By Jayne Gest

March 19, 2020

MPE Partners Completes Recap Deal With Teel Plastics

The transaction proceeds are expected to be utilized to accelerate the growth of the Baraboo, Wisconsin-based company....

By Mark Scott

March 18, 2020

Washington Prime Group reduces its common dividend

Due to the heightened uncertainty relating to the duration and potential impact of the coronavirus pandemic, Washington Prime Group Inc. plans to enhance its overall liquidity position, which includes a further reduction of the company’s cash dividend for common shares and operating partnership units....

By Jayne Gest

March 18, 2020

JumpStart leads $5.5M Series A investment in ReadySet

ReadySet Surgical, a Cincinnati health care IT company, has raised $5.5 million in a Series A financing round led by Cleveland-based JumpStart Inc.’s NEXT Fund. Also participating in the round are all of ReadySet’s seed-round investors and new investor North Coast Ventures....

By Jayne Gest

March 18, 2020

LSI Completes $7.6M Sale Of North Canton Manufacturing Facility

The company, based near Cincinnati, is in the process of relocating its existing operations to a smaller, leased facility in the North Canton area while retaining its existing workforce....

By Mark Scott

March 17, 2020

RoadRunner Recycling closes $28.6M Series C funding round

RoadRunner Recycling has raised a $28.6 million Series C financing round. The round was co-led by e.ventures and Greycroft, with additional participation from Franklin Templeton and existing investors, Adams Capital Management in Pittsburgh and FJ Labs....

By Jayne Gest

March 17, 2020

Dealer Venom purchases WebKite tech

Dealer Venom has acquired the technology from WebKite Inc. With this transaction, Dealer Venom further extends its reach in the digital automotive retail space and lays the foundation to expand its offerings....

By Jayne Gest

March 16, 2020

Boston-Based Crow Point Partners Buys Oak Park Wealth Management

Oak Park Wealth Management is a $20 million wealth management firm headquartered in Cleveland that focuses on providing innovative investment strategies designed to improve the characteristics of traditional portfolio management....

By Mark Scott

March 16, 2020

Liberty Tire Recycling buys Lakin Tire

Liberty Tire Recycling, a Pittsburgh-based provider of tire recycling services, has acquired Lakin Tire, with support from its majority equity sponsor The Carlyle Group. The merger unites two complementary businesses....

By Jayne Gest

March 16, 2020

Peoples acquisition completed by Essential Utilities

Essential Utilities Inc. has successfully completed the acquisition of Peoples, a Pittsburgh-based natural gas distribution company, in an all-cash transaction that reflects an enterprise value of $4.275 billion, including the assumption of approximately $1.1 billion of debt....

By Jayne Gest

March 13, 2020

Cleveland-Cliffs Completes AK Steel Deal

Cleveland-Cliffs Inc. has completed the acquisition of AK Steel Holding Corp., integrating North America’s largest producer of iron ore pellets downstream into the production of value-added steel and specialty manufactured parts for the automotive industry....

By Mark Scott

March 12, 2020

nanoGriptech raises $6M in capital funding

Pittsburgh-based nanoGriptech, a commercial manufacturer of micro-structured dry adhesives and surfaces, has received $6 million in capital funding, which it plans to use to scale its manufacturing operations and strengthen its commercialization activities....

By Jayne Gest

March 11, 2020

Nexus purchased by Medicus IT

Medicus IT, a health care-focused managed services provider based in Alpharetta, Georgia, has acquired Nexus Practice IT Services, a Columbus health care managed IT services provider....

By Jayne Gest

March 11, 2020

Ownum-Backed Vital Chain Enters Strategic Agreement with Medici Ventures

Under the terms of the agreement, Medici Ventures will provide development and design services to Vital Chain in exchange for a minority equity stake in the company. Vital Chain is majority owned by Ownum LLC....

By Mark Scott

March 11, 2020

Riverside Invests In Kalamazoo-Based National Flavors

National Flavors creates and produces flavors for use in beverages, frozen desserts, baked goods, confections and processed fruits....

By Mark Scott

March 10, 2020

Containership assets acquired by Hitachi Vantara

The assets of Pittsburgh-based startup Containership have been acquired by Hitachi Vantara, an information technology and services firm in Santa Clara, California....

By Jayne Gest

March 9, 2020

WESCO updates financing plan for Anixter merger

Pittsburgh-headquartered WESCO International Inc. expects to fund the cash portion of its merger with Anixter with debt and cash-on-hand because of current market conditions. WESCO previously anticipated issuing WESCO common stock or other equity or equity-linked securities, in addition to issuing debt....

By Jayne Gest

March 9, 2020

Acusis buys Woodham HIM Solutions

Acusis LLC, a Pittsburgh-based provider of clinical documentation and revenue cycle management solutions since 2001, has acquired Woodham and Associates of Florida LLC....

By Jayne Gest

March 9, 2020

Invacare Completes Deal To Sell Dynamic Controls Subsidiary

As part of Invacare’s strategy to enhance its products, the transaction is expected to open the door to relationships which can provide access to technological innovations to further differentiate the company’s powered mobility products....

By Mark Scott

March 9, 2020

DHL Supply Chain’s North American headquarters sold

Arch Street Capital Advisors and VEREIT have acquired DHL Supply Chain’s North American Headquarters in Westerville. The property, located within the recently developed Westar Place Business Park, is a new, build-to-suit, 145,000 square foot class A office building....

By Jayne Gest

March 9, 2020

Atlanta-Based Novelis Moves Step Closer To Buying Aleris

Novelis must divest Aleris’ Lewisport, Kentucky plant as part of its agreement with the U.S. Department of Justice. The $2.6 billion acquisition of Aleris, a global supplier of rolled aluminum products, was first announced in July 2018....

By Mark Scott

March 6, 2020

Ancora, NY-Based Macellum Takes 11 Percent Stake In Big Lots, Calls For New Board

Citing a number of strategic mistakes, an investor group has issued an open letter to shareholders of Columbus-based retailer Big Lots Inc. calling for a new board that it believes can maximize and return shareholder value....

By Mark Scott

March 5, 2020

Lake Health Exploring Strategic Opportunities For Growth

The Lake Health board of trustees announced plans to launch a partnership exploration process and has engaged Chicago-based Kaufman Hall to work with trustees, medical staff and hospital leadership to evaluate opportunities....

By Mark Scott

March 5, 2020

Robert Levin Makes Deal To Save Levin Furniture From Closing

Levin has reached an agreement to acquire the Pennsylvania and Ohio assets of Levin Furniture and Wolf Furniture through a court restructuring of the parent company Art Van Furniture LLC....

By Mark Scott

March 5, 2020

Ansys to buy Vancouver’s Lumerical

Ansys has agreed to acquire Lumerical Inc., which develops photonic design and simulation tools. The acquisition will add photonics products to the Ansys multi-physics portfolio....

By Jayne Gest

March 5, 2020

Knopp Biosciences raises debt financing

Knopp Biosciences LLC recently raised $1 million of convertible debt financing from an undisclosed investor, PitchBook reports. The company has raised $179.29 million to date and is valued at $200 million....

By Jayne Gest

March 5, 2020

Ikos raises early-stage venture capital round

Ikos Holdings Inc. recently raised $855,832 of venture funding in the form of convertible debt from undisclosed investors, according to PitchBook....

By Jayne Gest

March 5, 2020

Resilience Capital Partners-Backed LUX Global Label Buys Labelworx

This strategic acquisition is expected to broaden the operational capabilities of LUX Global Label, formerly known as National Label, into the high-growth area of digital printing while further diversifying its customer base and markets....

By Mark Scott

March 4, 2020

Menorah Park, Montefiore Announce Affiliation Agreement

The affiliation was approved by both boards of directors on March 3 with plans for the affiliation to become effective June 30. The Montefiore name will remain on its facility on the campus....

By Mark Scott

March 4, 2020

Intellinetics Completes Equity And Debt Financing, Buys Graphic Sciences

Intellinetics Inc., a cloud-based document solutions provider, has closed an equity and debt private placement financing and raised a total of $5.5 million....

By Mark Scott

March 4, 2020

Resilience Capital Partners-Backed DG3 Buys Ryan Edwards Communications

Founded in 2013, Ryan Edwards Communications is a global supplier of outsourced graphic communications and print solutions to the cruise industry....

By Mark Scott

March 4, 2020

Evoqua Water Technologies public offering

Evoqua Water Technologies Corp. launched a secondary public offering of 13 million shares of its common stock by certain shareholders of the company, including certain affiliates of AEA Investors LP....

By Jayne Gest

March 3, 2020

Hy-Tek Material Handling buys Johnson Stephens Consulting

Hy-Tek Material Handling Inc. has acquired Atlanta-based Johnson Stephens Consulting Inc., a supply chain operations consultancy serving retailers, wholesalers and distributors nationwide. With the transaction, a Hy-Tek consulting division was formed....

By Jayne Gest

March 3, 2020

Riverside Co. Adds To Fire And Life Safety Platform

The Riverside Co. has invested in fire protection service provider Advance Fire & Safety as an add-on to its fire and life safety platform, Performance Systems Integration....

By Mark Scott

March 3, 2020

BGL Announces Sale Of FireKing Division To Champlain Capital Partners

FireKing OCP is a designer and manufacturer of fireproof, impact-resistant, and secure document and data storage systems....

By Mark Scott

March 3, 2020

Rev1 Ventures participates in Upshift’s $3.7M funding round

Cincinnati-based startup Upshift raised $3.7 million of Series A venture funding in a deal led by Indeed, according to PitchBook. Columbus startup studio Rev1 Ventures participated in the round....

By Jayne Gest

March 3, 2020

NAS Recruitment Innovation Sold By Stone-Goff To M3 USA

In December 2011, Stone-Goff Partners acquired NAS from Interpublic Group....

By Mark Scott

March 3, 2020

Evolution Capital Partners-Backed Empire Dental Arts Buys Papich-Forsyth Practice

This is the first investment Empire has made since being acquired by ECP in January. The deal increases Empire's affiliated offices to six in Northeast Ohio....

By Mark Scott

March 3, 2020

PPG completes Alpha Coating Technologies purchase

Pittsburgh-headquartered PPG has completed its acquisition of Alpha Coating Technologies LLC, a Chicago manufacturer of powder coatings for light industrial applications and heat sensitive substrates....

By Jayne Gest

March 3, 2020

PHOENIX to buy physical therapy firm

Cranberry Township, Pennsylvania-headquartered PHOENIX Rehabilitation & Health Services has agreed to acquire Colorado Athletic Conditioning Clinic, expanding the company’s geographic reach to Colorado....

By Jayne Gest

March 2, 2020

Installed Building Products buys Royals Commercial

Installed Building Products Inc. has acquired Royals Commercial Services Inc. in Millersville, Maryland. With approximately $10 million of annual revenue, the transaction expands IBP’s presence in the greater Baltimore and mid-Atlantic markets....

By Jayne Gest