Skip to Content
Newsletter Desktop Newsletter Mobile
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 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

June 9, 2020

NY-Based KKR Completes Deal To Buy OverDrive

OverDrive, a digital reading platform for libraries and schools, announced the completion of its acquisition by KKR, a New York-based global investment firm. In December 2019, KKR announced that it had agreed to acquire OverDrive from Rakuten....

By SBN Staff

June 8, 2020

Materion Agrees To Buy Optics Balzers In $160M Deal

With this acquisition, Materion intends to further accelerate its transformation into a global advanced materials solutions provider and significantly expand its geographic reach, extending beyond its core of North America to include Europe and Asia....

By SBN Staff

June 8, 2020

MRI Completes Deal To Buy UK-Based Castleton Technology

MRI’s acquisition of Castleton, along with that of Orchard Information Systems in March, extends its offering in the social housing market in the UK, Ireland and Australia. The combination is intended to boost MRI’s ability to empower social housing providers to adopt digital innovations and customer-centric technologies, while accelerating the development of cloud-based solutions for the sector....

By SBN Staff

June 5, 2020

BroadStreet Partners raises $100M in mezzanine financing

Penfund, an independent provider of junior capital to North American middle market companies in Toronto, recently completed a $100 million second lien debt and equity co-investment in Columbus-headquartered BroadStreet Partners Inc....

By Jayne Gest

June 4, 2020

BGL Advises Deal To Create EA-Synergy

Enhanced Healthcare Partners, a leading New York-based private equity firm specializing in middle-market healthcare businesses, facilitated the business merger of Synergy Surgicalists and EA Health Solutions through a joint recapitalization to form a new company, EA-Synergy....

By SBN Staff

June 3, 2020

Performance Dealerships buys Bobby Layman Cadillac GMC

The Performance Columbus Family of Dealerships including Honda Marysville, Honda Marysville Motorsports, Toyota Direct and Performance Chrysler Jeep Dodge RAM (Georgesville & Delaware) has acquired Bobby Layman Cadillac GMC of Fairfield County, Ohio....

By Jayne Gest

June 3, 2020

HOF Village Completes Deal To Buy Youth Sports Management LLC

HOF Village LLC, the owner of the sports, entertainment and media enterprise surrounding the Pro Football Hall of Fame in Canton, has acquired the remaining 50% ownership rights of Youth Sports Management LLC, a joint venture established between HOFV and Legacy Global Sports in 2016....

By SBN Staff

June 3, 2020

Salon Lofts raises funds

Salon Lofts Group LLC, a Columbus-headquartered operator of a beauty parlor chain, recently received $1.06 million of development capital from undisclosed investors, according to PitchBook....

By Jayne Gest

June 2, 2020

Volkswagen’s $2.6B investment in Argo AI closes

Volkswagen AG’s investment in Argo AI has closed, which solidifies the Pittsburgh-headquartered business’s capital position and differentiates it as the only self-driving technology platform company with partnerships and commercial agreements, via Ford and Volkswagen, for deployment across the U.S. and Europe....

By Jayne Gest

June 2, 2020

Park Place Technologies Buys Missouri-Based Custom Hardware Engineering & Consulting

This is the second acquisition for Park Place Technologies in 2020 and its 14th since 2016. In January, Park Place acquired the network operations center of Cleveland-based IntelliNet....

By SBN Staff

June 1, 2020

VentureOhio closes; young professional program continuing

VentureOhio’s board has decided to sunset the trade association, which advocated for increased capital and greater collaboration. The decision to wind down VentureOhio came following CEO Falon Donohue’s departure earlier this year, assessing the impact of COVID-19 and recognizing Ohio’s regional entrepreneurial support organizations are well-positioned to advance VentureOhio’s mission....

By Jayne Gest

June 1, 2020

Nordson Buys Easton, Pa.-based Fluortek

Fluortek will become part of the Nordson MEDICAL product line within Nordson’s Advanced Technology Solutions segment. This acquisition is intended to build on the company’s strategic objective to grow Nordson MEDICAL’s product offerings serving the medical device market....

By SBN Staff

June 1, 2020

ALung closes $18.52M funding round

ALung Technologies Inc. recently completed its sixth round of venture funding, which resulted in $18.52 million from Audrey’s Kitchen and other undisclosed investors, PitchBook reports. The transaction included $2.26 million in total new debt. ALung has raised $112.6 million to date....

By Jayne Gest

May 29, 2020

Tucker Ellis Advises Eagle Specialty Materials In Acquisition Of Wyoming Mining Assets

Tucker Ellis LLP partners Chris Hewitt and Jayne Juvan represented Eagle Specialty Materials LLC in its purchase of the Eagle Butte and Belle Ayr thermal coal mines located in the Powder River Basin in Campbell County, Wyoming, from Contura Energy Inc. and Blackjewel LLC....

By SBN Staff

May 29, 2020

Summa Health, Beaumont Health End Partnership Plans

The two organizations had been working over the last year to create a partnership, signed a definitive agreement in December 2019 and later received all necessary state and federal regulatory approvals....

By SBN Staff

May 29, 2020

Innovatus Imaging assets sold to 626

Delray Beach, Florida-based 626 Holdings LLC, a third-party company in the health care technology management market, has acquired the CR and DR business of Innovatus Imaging, which is headquartered in Pittsburgh....

By Jayne Gest

May 29, 2020

Advocate Solutions sold to KSM Consulting

Indianapolis-headquartered consulting firm KSM Consulting has acquired Advocate Solutions, a 25-year-old Columbus consulting firm specializing in public assistance contact centers, modernizing legacy applications and managing technology programs for state and local government agencies....

By Jayne Gest

May 28, 2020

Stratos Wealth Enterprises Makes Strategic Investment In Brown Wealth Management

Stratos Wealth Enterprises is a Stratos Wealth Network company that collectively oversees $13.9 billion in brokerage and advisory assets....

By SBN Staff

May 27, 2020

GE Lighting To Be Sold To Mass.-based Savant Systems

GE Lighting expects to remain headquartered in Cleveland and its more than 700 employees are expected to transfer to Savant upon completion of the transaction....

By SBN Staff

May 26, 2020

Cresco Labs Reaches Deal To Acquire Four Ohio Cannabis Dispensaries

Completion of the transaction is subject to approval by the Ohio Board of Pharmacy. Upon closing, Cresco would have a total of five dispensaries in Ohio – the maximum allowed by the state....

By SBN Staff

May 26, 2020

Splash Financial Closes $12.3M Series A Round

The capital raised is expected to help the company continue to expand its national brand, onboard additional lending partners and continue to focus on helping people save the most money on their student loans....

By SBN Staff

May 26, 2020

Riverside Agrees To Sell ActivStyle To AdaptHealth

During Riverside’s hold, ActivStyle became a leading direct-to-consumer supplier of incontinence and urological supplies with a culture based on integrity, teamwork and best-in-class patient service, growing the business to serve more than 65,000 patients across 48 states....

By SBN Staff

May 19, 2020

Infectious Disease Connect merges with Merck company

Infectious Disease Connect Inc., a UPMC Enterprises telemedicine-enabled company, has combined with Merck’s ILÚM Health Solutions. UPMC will retain a majority stake in the combined company....

By Jayne Gest

May 18, 2020

Axuall, UH Collaborate To Streamline Clinical Workforce Deployment

Axuall and University Hospitals’ Ventures group began to work together in 2019 to identify opportunities to leverage blockchain and digital identity to fundamentally improve the way the health system attracts, verifies, and deploys clinical talent....

By SBN Staff

May 18, 2020

Team Scotti sold to NFP

NFP has acquired LFG Inc., DBA Team Scotti. The Pittsburgh-based company is a national insurance broker offering insurance solutions and employee benefit programs to Major League Baseball and Minor League Baseball and their affiliates....

By Jayne Gest