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September 12, 2019

Hyperion to buy German-based AFC

By Jayne Gest

Hyperion Materials & Technologies Inc., a Worthington-headquartered materials science company focused on the hard and superhard materials space for high-precision applications, has agreed to acquire Arno Friedrichs Hartmetall GmbH & Co. KG and its affiliates. The strategic transaction is intended to make Hyperion a leading player in cemented carbide blank production.

September 12, 2019

Fair Buys Canvas From Ford Credit

Ford Motor Credit Co. The agreement furthers Fair’s leadership position in the vehicle subscription category, enabling the company to continue to accelerate consumer adoption and expansion throughout the U.S.

September 10, 2019

Kraft Heinz venture fund invests in cheese startup

New Culture, the San Francisco startup making animal-free dairy cheese, closed $3.5 million in seed round funding. The round was led by Evolv Ventures, the $100 million venture fund backed by Kraft Heinz investing in emerging tech companies transforming the food industry.

September 10, 2019

McDonald’s Invests In Voice Technology, Buys Apprente

The Apprente team will be the founding members of a new, integrated, internal group within McDonald's Global Technology team called McD Tech Labs.

September 9, 2019

NEP Group to buy Aerial Video Systems

NEP Group, a Pittsburgh-headquartered outsourced technical production partner supporting content producers of live sports and entertainment, has agreed to acquire Aerial Video Systems. The addition of AVS will complement and build upon NEP’s Broadcast Services, especially its wireless AV capabilities.

September 9, 2019

Root raises $350M in Series E funding; now valued at $3.65B

This latest round, led by DST Global and Coatue, raises Root’s valuation to $3.65 billion and provides additional capital to accelerate growth in existing markets while expanding into new states and developing new product lines.

September 5, 2019

MC Group Merges With Icon

Mentor-based MC Group, which is owned by Bahrain's Arcapita, has merged with Rolling Meadows, Ill.-based Icon to form one of the largest companies in the sign industry.

September 4, 2019

SPAGIO restaurant sold

SPAGIO, the Grandview restaurant and wine lounge founded by Chef Hubert Seifert and his wife, Helga, 38 years ago, has been sold to a Central Ohio-based restaurant group. Wine|Dine Holdings and cityBRANDS own and operate several restaurant concepts throughout the area, including The Wine Bistro, NAPA kitchen + bar and Katzinger’s Delicatessen.

September 4, 2019

Safelite buys Auto Glass Specialists

Safelite® Group, a vehicle glass services and recalibration company and owner of Safelite® AutoGlass, has acquired the assets of Auto Glass Specialists. The single store location in Glenwood Springs, Colorado, will expand Safelite’s brick-and-mortar footprint in the area.

September 4, 2019

Novelis, Aleris deal faces challenge by U.S. Justice Department

Novelis Inc.’s deal to buy Aleris Corp. could be derailed by a lawsuit filed by the U.S. Justice Department, which is suing in order to preserve competition in the North American market for aluminum auto body sheet.

September 2, 2019

MJR Digital Cinemas Sells To European Group in $152M Deal

MJR Digital Cinemas is privately held and operates 10 movie theater complexes with a total of 164 screens, all located in Michigan. In 2018, the company drew 6.2 million visitors with total revenue of $81.2 million.

August 28, 2019

First Midwest To Buy Park Bank In $195M Deal

Park Bank is one of the largest independent commercial banks in Milwaukee with approximately $1 billion of total assets, $815 million of deposits — of which approximately 85% are core deposits — and $700 million of loans.

August 28, 2019

True North Energy buys Schmuckal Oil

Brecksville, Ohio-based True North Energy LLC has closed on the purchase of 25 convenience retailing and petroleum marketing assets from Schmuckal Oil Co. and its affiliates in the Traverse City, Mich., market.

August 27, 2019

Rubenstein Partners buys Chesterbrook Corporate Center

Philadelphia-based fund manager Rubenstein Partners has closed on its acquisition of Chesterbrook Corporate Center, a 1.1- million-square-foot, 14-building Class A office park in the Philadelphia suburb of Chesterbrook.

August 22, 2019

SpotHero Announces $50M In Series D Funding, Closing In On $1B In All-Time Sales

The company offers the largest place to buy and sell parking in North America and has helped digitize nearly 7,000 parking facilities in the U.S. and Canada.

August 22, 2019

Compass Self Storage buys Pittsburgh location

Compass Self Storage, a member of the Amsdell family of companies, has acquired Shaler Self Storage in Allison Park. This transaction marks the Cleveland company’s fourth location in the Greater Pittsburgh area and its 90th location nationwide.

August 21, 2019

BestTransport purchased by Canadian firm

Descartes Systems Group has acquired Columbus-headquartered BestTransport.com Inc., a cloud-based transportation management system provider focused on flatbed-intensive manufacturers and distributors, for $11.2 million. The deal should strengthen the Ontario company’s transportation management footprint.

August 21, 2019

Courtyard Columbus-Worthington sold

Commonwealth Hotels LLC has bought the Courtyard Columbus-Worthington in order to expand its reach in the Columbus market through the Worthington property. The transaction is the Cincinnati-Northern Kentucky metropolitan area company’s fourth Courtyard and 21 Marriott hotel.

August 20, 2019

Avalon Precision Casting bought by Sigma Electric

Avalon Precision Casting is being acquired by Sigma Electric Manufacturing Corp., a manufacturer of ferrous and non-ferrous castings.

August 20, 2019

Bayer to sell Animal Health unit

Indiana-based Elanco Animal Health has agreed to buy Bayer AG’s animal health business in a cash and stock deal valued at $7.6 billion. The transaction creates the second largest maker of medicines for pets and livestock and falls in line with Bayer's strategy to slash debt.

August 20, 2019

PNC Mezzanine Capital recapitalizes Mountainside Fitness

PNC Mezzanine Capital recently completed a minority recapitalization of a $15 million preferred stock investment with Mountainside Fitness. PNC Mezzanine Capital and the Mountainside management team plan to continue to expand the company’s leadership position in the Arizona fitness community and beyond.

August 19, 2019

Grove City Medical Center to join AHN

Grove City Medical Center, Allegheny Health Network and Highmark Health have signed an affiliation agreement. Pending government approval of the merger, the organizations expect to close on the affiliation in the next few months, establishing Grove City as AHN’s ninth owned hospital.

August 19, 2019

Installed Building Products buys Therm-Con

Installed Building Products Inc., an installer of insulation and complementary building products, has acquired Therm-Con LLC and Foamtech Inc. With trailing 12-month revenue of $4.7 million, Therm-Con enhances IBP’s presence in markets throughout Tennessee and its surrounding states.

August 19, 2019

Safelite Group to buy TruRoad

Safelite® Group has agreed to acquire the combined businesses of TruRoad, which includes COP TruRoad Parent LLC and COS SCS Parent LLC, from Dallas PE firm CenterOak Partners LLC. With this deal, Safelite will have increased capacity to expand its national footprint, accelerate growth and better serve its customers and clients.

August 13, 2019

Level One Bancorp To Merge With Ann Arbor Bancorp In $67.8M Deal

Upon completion of the merger, the combined company will operate under the Level One name and have over $1.8 billion in assets, $1.4 billion in loans and $1.5 billion in deposits, based upon financials as of June 30.

August 12, 2019

Motus Integrated Technologies To Buy Janesville Fiber Solutions

Janesville produces high-performance engineered acoustical and thermal fiber solutions for a variety of automotive applications

August 7, 2019

Anheuser-Busch Buys Platform Beer

Anheuser-Busch InBev has acquired Cleveland-based craft brewer Platform Beer Co. Terms of the deal were not disclosed.Platform, founded by Paul Benner and Justin Carson in 2014 as a homebrew-inspired

August 5, 2019

Coeo raises angel round

Warrendale, Pennsylvania-based Coeo, which brings people and spaces together, has raised $100,100 of angel funding in the form of SAFE notes from undisclosed investors. Additionally, the company raised $30,000 of angel funding from undisclosed investors on Feb. 22, 2019.

August 2, 2019

Navigant to be bought by Guidehouse for $1.1B

Chicago-based consulting firm Navigant Consulting Inc. is set to be acquired by Guidehouse, a Washington D.C.-based management consulting firm for $1.1 billion.

August 1, 2019

ADS buys Infiltrator Water Technologies

Advanced Drainage Systems Inc. has acquired Infiltrator Water Technologies for approximately $1.08 billion, from an affiliate of the Ontario Teachers’ Pension Plan and other stockholders. The deal builds on ADS’ existing water management solutions platform and is an opportunity to expand into the on-site septic business.

July 31, 2019

Nationwide invests in pet app VitusVet

Nationwide has made another strategic investment in VitusVet, a provider of mobile solutions for pet owners and veterinary practices. Nationwide will also serve on the VitusVet board of directors.

July 30, 2019

Parker Hannifin set to buy Exotic Metals Forming for $1.7B

Parker Hannifin Corp. is set to acquire Exotic Metals Forming Company LLC for $1.725 billion in cash.

July 30, 2019

Ford buys robotics company Quantum Signal

Ford has acquired Quantum Signal, a Saline, Michigan, mobile robotics company, which helped the military develop software that allowed it to remotely control robotic vehicles from thousands of miles away. The transaction should help advance Ford’s goal of launching a self-driving vehicle business, including software development and hardware prototyping.

July 30, 2019

Drive Capital invests in Physna

The early stage technology startup in Cincinnati completed a $6.9 million Series A round of financing led by Columbus-based Capital.

July 29, 2019

Mylan and Pfizer's Upjohn division to combine

Mylan N.V. and Pfizer Inc. have agreed to combine Mylan with Upjohn, Pfizer’s off-patent branded and generic established medicines business, creating a new global pharmaceutical company. The strategic deal puts together Mylan’s pipeline and supply chain and Upjohn’s commercial and medical infrastructure and expertise, in order to serve more than 165 markets.

July 26, 2019

Campbell reportedly selling Australian biscuit maker Arnott’s

New York private equity firm KKR & Co is reportedly closing in on a deal to acquire Australian biscuit maker Arnott's, according to The Sydney Morning Herald.

July 24, 2019

Gemphire Therapeutics merges with NeuroBo Pharmaceuticals

The merged company will take on the NeuroBo name and focus on the company’s clinical-stage drug candidates for the treatment of neurodegenerative diseases.

July 23, 2019

Vail Resorts buys 17 U.S. ski areas for $264 million

The acquisition includes Alpine Valley, Boston Mills, Brandywine and Mad River Mountain in Ohio; and Liberty Mountain Resort, Roundtop Mountain Resort, Whitetail Resort, Jack Frost and Big Boulder in Pennsylvania.

July 22, 2019

Huron Capital-Backed Sciens Building Solutions Buys Firm

The transaction represents the latest acquisition for Sciens since Huron Capital formed the platform in 2016 to pursue a buy-and-build investment strategy in the fire service and integrated solutions sector.

July 22, 2019

Etsy To Buy Reverb In $275M Deal

Acquiring the leading online marketplace for new, used and vintage musical instruments will enable Etsy to expand into a new vertical with a company that has a similar strategy and business model.

July 22, 2019

Westinghouse buys Canada’s NA Engineering Associates

The Canadian provider of engineering solutions has significant nuclear expertise, which will help diversify the Cranberry Township company’s engineering capabilities.

July 22, 2019

REIT buys distribution center leased to Pepsi unit

Canada's Granite REIT bought a total of three industrial properties including an 802,390-square-foot distribution center near Rickenbacker International Airport.

July 18, 2019

Look Good Brands buys Legends Boxing

The subsidiary of Canonsburg-based Deka Lash is attempting to bring together a range of beauty, health and fitness brands.

July 16, 2019

MPD Chemicals bought by Entegris Inc.

The acquisition is expected to help Entegris continue to grow and diversify its engineered materials portfolio, which was recently expanded with the acquisition of Digital Specialty Chemicals.

July 16, 2019

Lubrizol buys Bavaria Medizin Technologie

This acquisition is intended to build on Lubrizol’s expertise in precision thermoplastic extrusion and product development.

July 16, 2019

Chemical, TCF Deal Receives Regulatory Approval

The combined company is expected to have over $46 billion in total assets and be a top 10 bank in the Midwest based on deposit market share.

July 16, 2019

RoadBotics raises $7.5M Series A round

The Pittsburgh-based company, which grew out of Carnegie Mellon University research into standardizing road assessment using artificial intelligence, has raised $11.4 million over five rounds.

July 16, 2019

Built In Closes $22M Series C Funding

This is the second-largest round of funding in Chicago raised by a woman CEO leading a digital technology company, according to Pitchbook.

July 16, 2019

Middleby Buys Packaging Progressions Inc.

Packaging Progressions is a $30 million Pennsylvania-based provider of automated packaging technologies for customers in the protein and bakery segments.

July 11, 2019

Kennametal to close Westmoreland County facility with restructuring

Kennametal Inc. plans to close its manufacturing facility in Irwin, Pennsylvania, as well as two manufacturing facilities and a distribution center in Germany. The restructuring actions should facilitate a simplified and leaner structure, while further positioning the company for long-term profitable growth.

July 10, 2019

Green Growth Brands combines with MXY Holdings

Green Growth Brands Inc. has agreed to create a new Ontario limited partnership with MXY Holdings LLC, among others, where GGB will acquire the issued and outstanding units of Moxie in an all-equity interest transaction for around $310 million. The plan is to create the first 360-degree cannabis company.

July 9, 2019

Navigator Management Partners purchased by Avaap

Avaap has acquired Columbus-based Navigator Management Partners, a cross-platform management and technology consulting firm specializing in ERP systems, business intelligence and change management. The strategic acquisition expands the Edison, New Jersey, firm’s capabilities.

July 2, 2019

Alliance Data completes Epsilon sale

Alliance Data plans to use the net sale proceeds to repurchase shares and pay down corporate debt.

July 1, 2019

Century Therapeutics gets $250M in funding

The funding from Bayer, Versant and Fujifilm Cellular Dynamics will allow Century to move multiple programs into clinical development for hematologic and solid malignancies.

July 1, 2019

Fisher Building Owners Close On $36M Refi Loan

The deal provides New York-based HFZ Capital and The Platform, a private development firm in Detroit, with money to knock out prior debt on the building, according to a statement on the UC Funds website, clearing the way for preservation work.

July 1, 2019

Machine Learning startup LifeWhere purchased by Resideo

The Austin, Texas-based company plans to use the startup to expand its remote monitoring and predictive maintenance capabilities.

June 28, 2019

Livongo Health files for IPO

The startup — co-founded by Chicago entrepreneur Glenn Tullman, former CEO of AllScripts — is expected to attain a valuation of more than $1 billion.

June 27, 2019

Highmark to sell Visionworks to VSP

VSP Global has agreed to acquire San Antonio-based Visionworks, which is a majority-owned subsidiary of Highmark.

June 26, 2019

StockX Attains Unicorn Status After Record Michigan VC Raise

The company also hired eBay executive Scott Cutler as its new CEO, succeeding co-founder Josh Luber, who will continue to serve on the executive leadership team and board.

June 25, 2019

Cameo Closes $50M Series B Round

Funds from the new round, led by Kleiner Perkins, will be used for platform enhancements and an expansion of the company's U.S. and international footprint.

June 24, 2019

Gores Forms JV To Redevelop Palace Of Auburn Hills Land

Schostak Brothers will serve as the lead partner and manage the future mixed-use development, which is expected to include corporate office, research & development and technology companies. The Palace was the home of Detroit’s NBA franchise from 1988 to 2017.

June 20, 2019

Compass Self Storage adds to Florida presence with Largo deal

The newest Compass self-storage center has more than 98,000 net rentable square feet and offers a mix of climate and non-climate drive-up units.

June 20, 2019

Former Westinghouse Nuclear headquarters campus purchased

Next Tier Connect has acquired a 505,000 square-foot mixed-use campus in Monroeville, Pennsylvania, which served as the former Westinghouse Nuclear headquarters. The property is the first acquisition of a national portfolio that should include select real estate and mission critical properties.

June 19, 2019

Capital One buys Detroit online luxury retailer Jewel

The bank holding company says the acquisition of the online luxury retailer will add to its efforts to develop tools that help customers make smarter financial decisions.

June 19, 2019

Axalta Coating System considers sale to maximize shareholder value

The supplier of liquid and powder coatings says its board has initiated a comprehensive review of strategic alternatives to maximize shareholder value.

June 18, 2019

Ohio Transmission Corp. buys Wisconsin, Minnesota companies

Furey Filter & Pump and PSI Engineering will continue to operate under their current names and with current management, including President George Furey and Vice President Jack Furey.

June 18, 2019

Crate and Barrel Buys Hudson Grace

Founded in 2012 by veteran retailers Monelle Totah and Gary McNatton, Hudson Grace is known for modern tabletop and entertaining products evoking the coastal California lifestyle.

June 14, 2019

Balfour Beatty buys second Memphis multifamily community

The 300-unit community, which is in the Memphis suburb of Bartlett, consists of one-, two- and three-bedroom apartment homes.

June 13, 2019

Cedar Fair buys Texas water parks, resort for $261 million

Cedar Point's owner is set to acquire two Schlitterbahn water parks in Texas in an all-cash transaction, and has reserved the right to acquire a shuttered Kansas City water park.

June 13, 2019

Accel Entertainment Bought By PE Firm TPG

TPG Pace Holdings Corp., the acquiring entity, will retain the Accel Entertainment name and will be a publicly listed company focusing on gaming-as-a-service.

June 13, 2019

Liberty Steel Buys Johnstown Wire Technologies

The transaction expands Liberty’s footprint in the U.S. steel downstream products market and adds to its ability to meet the Made in America specifications required for public infrastructure and utility contracts.

June 13, 2019

Bain Sells Impact Fitness to Morgan Stanley Capital Partners

Impact Fitness operates 29 Planet Fitness clubs across Michigan, Indiana, British Columbia and Ontario. It was founded by Chris Klebba in 2006 with the opening of the first Planet Fitness club in the Greater Detroit market.

June 13, 2019

Hyundai invests in Aurora as part of $600M+ Series B Round

Aurora’s existing partner Hyundai Motor Group has invested in Aurora as part of its Series B financing round. The self-driving technology startup now raised more than $700 million to develop Aurora Driver, strengthen its team and acquire cutting-edge technology.

June 12, 2019

Spring Labs Raises $23M in Series A Funding for Auto Loan Blockchain Work

The round was led by GreatPoint Ventures out of San Francisco with significant participation from existing investors, including August Capital, as well as GM Ventures, the corporate venture capital arm of Detroit’s General Motors.

June 11, 2019

Wolfe family sells four broadcast properties for $535M

The Dispatch Broadcast Group has agreed to sell two television stations — Columbus CBS affiliate WBNS and Indianapolis NBC affiliate WTHR — as well as sports radio station, WBNS Radio, to Virginia-based TEGNA Inc. for $535 million in cash. TEGNA sees the acquisitions as an excellent strategic and financial fit.

June 10, 2019

Aptar acquires Nanopharm and Gateway Analytical

AptarGroup has acquired two pharmaceutical services companies for a combined value of approximately $50 million. The acquisitions are part of the Crystal Lake company’s strategy to broaden its portfolio of services.

June 10, 2019

TPC Wire & Cable buys EZ Form Cable

The acquisition is intended to strengthen TPC’s position as a diversified supplier of high-performance wire and cable solutions to specialized, high-cost-of-failure environments.

June 7, 2019

Trevco Acquires California Print-on-demand Company

Trevco works with licensors such as Warner Bros., Hasbro and Paramount Pictures to manufacture consumer products and create digital e-commerce campaigns.

June 7, 2019

John Paul DeJoria buys Former McDonald’s HQ Site

The entrepreneur will assume ownership of the 80-acre site that includes the McDonald’s former campus office building, Hamburger University training facility and The Hyatt Lodge.

June 6, 2019

Industrial Scientific to buy Intelex for $570M

The acquisition of Intelex is the largest in the history of EHSQ pureplay vendors and one of the top five largest Canadian technology company exits in the last decade.

June 4, 2019

Boeing HorizonX Ventures invests in drone servicer Robotic Skies

This deal builds on a previously announced collaboration with Robotic Skies, Boeing Global Services and its subsidiaries to provide enhanced commercial unmanned aircraft system services.

June 4, 2019

Revolution Enterprises Completes HempVet Acquisition

HempVet is a national brand in the pet product market with more than 35 years of product development experience and an online and national retail distribution footprint.

June 3, 2019

Aramark reportedly leveraged buyout target

Aramark is reportedly the target of a leveraged buyout by New York’s Mantle Ridge LP, which is rumored to be exploring the creation of a consortium with private equity firms and sovereign wealth funds to make an offer for the food services giant.

June 3, 2019

Frontage Holdings IPO debuts on Hong Kong exchange

Exton-based Frontage Holdings Corp., the parent company of Frontage Laboratories, a contract research organization specializing in R&D product development services, had its initial public offering on The Stock Exchange of Hong Kong.

June 3, 2019

Quench acquires Aguaman

Quench has acquired substantially all of the assets of Aguaman, a point-of-use water filtration company based in Miami.

June 3, 2019

Prime Equipment Group Acquired In $65M Deal

The manufacturer of turnkey primary and water re-use solutions to the poultry industry was acquired by Chicago-based JBT Corp.

May 29, 2019

CapitalWorks takes majority stake in Libra Industries

As a leading EMS contract manufacturer serving the medical, aerospace and defense and industrial markets, Libra will complement fellow contract manufacturer GEMCITY Engineering and Manufacturing, a 2017 CapitalWorks investment.

May 29, 2019

Beam Dental raises $55M Series D round

The fast-growing dental benefits provider raised a Series D round led by Toronto PE firm, Georgian Partners. Columbus-based Drive Capital, which was involved in two previous funding rounds, participated in the latest capital raise as well.

May 29, 2019

Medical device maker EPIC Extremity bought by Exactech

The deal continues the relationship between the designer of screw and plating systems for the foot and ankle and Exactech, which had been distributing EPIC's products for the last year.

May 29, 2019

Super C Group buys 190 salons from Regis

The salons being sold and refranchised are currently branded as Famous Hair, Best Cuts, Fiesta Salons, First Choice Haircutters and BoRics Hair Care. They will be converted to Supercuts and Cost Cutters over the next several months.

May 29, 2019

PEAK6 Acquires Seattle-based Evil Geniuses

New acquisition maintains a roster of popular gaming titles including “Dota 2,” “Call of Duty,” “Rocket League,” “Fortnite” and “Tom Clancy’s Rainbow Six.”

May 24, 2019

Gilbert completes sale of Greektown Casino for $1B

VICI Properties bought the land and real estate assets of the property for about $700 million, while Penn National Gaming bought the operating assets for about $300 million.

May 24, 2019

Aurora acquires lidar company Blackmore

The Pittsburgh-based startup picked up a company with valuable expertise in light detection and ranging radar, or lidar, that its self-driving car technology.

May 22, 2019

NASCAR Buying ISC, Michigan International Speedway In $2B Deal

Acquisition will give the auto racing sanctioning and operating company control of more than a dozen raceways, including Michigan International Speedway.

May 20, 2019

Nationwide, State Auto Labs Invest In Virtual Claims Firm

Snapsheet, a provider of cloud-based insurance claims services, has closed $29 million in Series E funding led by Seattle-based Tola Capital.

May 20, 2019

Snapsheet Closes $29M in Series E Funding

The round was led by Seattle-based Tola Capital with participation from new investors Nationwide and State Auto Labs in Columbus and Memphis-based Sedgwick.

May 20, 2019

Clinc raises $52 million Series B round to scale AI platform

Ann Arbor, Mich.-based Clinc, which is developing a conversational AI platform, has raised a $52 million Series B, with investments from Drive Capital, Insight Partners, DFJ Growth, Hyde Park Venture

May 20, 2019

RE2 Robotics gets $3M from Office of Naval Research

RE2 Robotics, a developer of humanlike robotic manipulator arms in Pittsburgh, has received $3 million in funding from the Office of Naval Research to develop a dexterous, underwater robotic hand with tactile feedback.

May 20, 2019

Huron-backed Pueblo Makes Fourth Add-On Acquisition

Huron Capital acquired Pueblo in December 2017 to pursue a buy-and-build strategy in the commercial HVAC market in the southwestern U.S.

May 17, 2019

Green Growth Brands raises $45M, closes Nevada deal

In addition to raising the general operating funds, the company completed its $13.4 million acquisition of a Pahrump, Nev., cultivation facility, its second in the state.

May 16, 2019

PlanetM Awards More Than $440K In Grants To Five Mobility Startups

PlanetM Mobility Grants also provide aid to mobility startups and corporations to test, validate and prove out new technologies on Michigan roadways

May 14, 2019

Industrial Commercial Properties buys former Sears distribution center

Cleveland-based Industrial Commercial Properties LLC has acquired a 570,000-square-foot, former Sears distribution center on 42.8 acres, in the Columbus suburb of Groveport. This is ICP's fourth Sears property purchase since 2014.

May 14, 2019

Three Rivers Packaging purchased by The Cary Company

The McKees Rocks company, which initially focused on the sale of new and reconditioned steel drums, has evolved to become the area’s leading IBC re-bottler/reconditioner.

May 13, 2019

British retailer to buy Certified Oil convenience stores, gas stations

EG Group will acquire Certified Oil and its 69 convenience stores and gas stations. The transaction will be an important step in building out the U.K.-based company's U.S. strategy.

May 9, 2019

Compass Self Storage acquires 17th unit in Atlanta

Compass Self Storage, a member of the Amsdell family of companies, has acquired a self storage center in Buford, Georgia, which represents the 17th Compass Self Storage location in the Greater Atlanta area and its 89th location nationwide.

May 8, 2019

GM In Talks To Sell Ohio Assembly Plant

Once closed, work could begin immediately to prepare the facility for production of electric vehicles developed by Cincinnati-based Workhorse Group.

May 7, 2019

GM Cruise Lands $1.15B In Funding From New, Existing Backers

The funding comes from a group comprised of institutional investors — including funds and accounts advised by T. Rowe Price Associates Inc. — and existing partners General Motors, SoftBank Vision Fund and Honda.

May 7, 2019

ASX Launches Seed Equity Round to Fund Air Travel Revolution

Proceeds will be used to help the aviation technology startup acquire key automotive EV technology, build a series of full-scale prototypes and initiate Federal Aviation Administration certification.

May 7, 2019

Federated Investors buying $14B in assets from PNC Financial Services

The proposed deal includes the reorganization of PNC’s family of liquidity, equity and fixed-income mutual funds into Federated funds; the acquisition of part of PNC’s separate account and separately managed account business; and the transition of a six-person international equity management team.

May 6, 2019

Boston company acquires rights to Johnstown cannabis facility

Ohio Grown Therapies is building out its 32,000-square-foot cultivation and processing facility, which includes 15,000 square feet for two-tier cultivation and 7,500 square feet for processing.

May 2, 2019

ANSYS acquires assets of Maryland software company DfR Solutions

ANSYS has acquired the assets of DfR Solutions, the Maryland developer of Sherlock, the industry’s only automated design reliability analysis software.

May 1, 2019

Competitor Calios buys D.P. Dough, but calzone chain brand remains

The owners of D.P. Dough, the nation’s largest calzone franchise and third largest college-focused restaurant chain, have agreed to sell the Columbus-headquartered company to Calios, a 13-unit competing calzone chain. Each Calios restaurant will convert to D.P. Dough, growing the brand from 26 restaurants to 43 by fall 2019.

May 1, 2019

Automated Packaging Systems bought for $510 million

The Streetsboro-based manufacturer of flexible bag packaging systems is being acquired by Sealed Air for $510 million on a cash and debt free basis.

May 1, 2019

Drive Capital closes $307M fund, while raising another

Drive Capital has closed its third flagship fund at $307 million and raised nearly $251 million for its first overdrive fund, according to SEC filings.

May 1, 2019

Denso leads $20M Series A funding round for micromobility startup

The world’s second-largest mobility supplier has taken a stake in Bond Mobility to help the world’s only speed eBike sharing company develop an urban transportation strategy.

April 30, 2019

TriMas buys Taplast, second Italian acquisition in 6 months

The move is the second Italian acquisition in the past six months for the Bloomfield Hills-based company as it seeks to accelerate the growth of its packaging platform.

April 29, 2019

Three Michigan health systems combine to build, operate $48M laundry facility

Henry Ford Health System, Michigan Medicine and Saint Joseph Mercy Health System are collaborating in a major economic investment in the Northwest Goldberg neighborhood.

April 24, 2019

Kraft Heinz reportedly seeking buyer for Ore-Ida

CNBC says that the food giant is looking to sell off its Ore-Ida brand as it works to pay down debt and restructure its business.

April 24, 2019

Ford invests $500M in EV Truck Startup Rivian

Ford Motor Co. has made a $500 million equity investment in Plymouth-based Rivian and plans to use the company’s platform to develop an all-new, next-generation battery electric vehicle for Ford’s growing EV portfolio.

April 24, 2019

Maitri gets a partner, property in Innovative Industrial Properties deal

IIP agreed to provide the Southwestern PA medical marijuana company reimbursement of up to $10 million to complete tenant improvements for the building.

April 23, 2019

Transwestern Investment buys three industrial buildings in Columbus

Dallas-based Transwestern Investment Group has acquired a 1.5 million-square-foot industrial portfolio in Southeast Columbus.

April 18, 2019

Ancora's DiSanto will keep pushing for change at J. Alexander’s

Ancora will continue pushing for change at J. Alexander's after the restaurant chain rejected the investor's takeover bid.

April 17, 2019

PPG completes Hemmelrath acquisition

PPG has completed its acquisition of German-based Hemmelrath, a manufacturer of coatings for automotive OEMs.

April 15, 2019

Green Growth Brands abandons hostile takeover bid

Green Growth Brands Inc. has ended its hostile takeover attempt of Aphria, with an agreement to accelerate the expiration of its offer on Aphria shares.

April 15, 2019

Aurora Plastics acquires Elastocon

Aurora Plastics has acquired compounder Elastocon TPE Technologies, expanding its product line and bringing broader TPE compounding capabilities to its portfolio.

April 15, 2019

Magic Plus acquires Michigan State Fairgrounds

Magic Johnson and Joel Ferguson's Magic Plus has closed its acquisition of the former Michigan State Fairgrounds property on Detroit's Woodward Avenue.

April 12, 2019

Nuspire to merge with Denver-based GBprotect

Nuspire is acquiring Denver’s GBprotect in a move intended to help both managed security services companies better respond to today’s evolving threat landscape.

April 12, 2019

Moreno all in on blockchain after selling 7 more dealerships

Bernie Moreno sold seven car dealership franchises last week, reinforcing his commitment to make Cleveland a central hub for blockchain technology.

April 10, 2019

Astute lands investment from Boston PE firm

Astute Inc. has received an investment from the Boston’s Audax Private Equity. This will allow the builder of AI-driven customer engagement software to continue to grow organically and through strategic acquisitions.

April 9, 2019

PSI establishes Silicon Valley innovation hub with strategic investment

Proteam Solutions, an IT consulting and staffing firm, has invested in the San Francisco-based startup Akava. PSI will have access to Bay Area talent and resources through the software development studio.

April 5, 2019

Dan Gilbert's JACK Entertainment to sell Cincinnati casino, track

Hard Rock International will handle operations at both properties. VICI will own the land and will enter into triple-net leased fee agreement with Hard Rock International.

April 4, 2019

Kraft Heinz fund makes first investment

Evolv Ventures was part of a $25 million Series C round investment in GrubMarket, a farm-to-delivery food service.

April 2, 2019

Park Place now largest TPM in Europe with MCSA buy

Park Place Technologies has acquired MCSA Group Limited, a UK-based business-critical IT services and solutions provider, snagging all of MCSA's business to become the largest third-party maintenance provider in Europe.

April 2, 2019

Lear to buy Xevo in $320M deal

The $320 million deal will combine Seattle-based Xevo's e-commerce vehicle platform technology with Southfield-based Lear's expertise in electronic systems.

April 2, 2019

Norton Industries acquired by CertainTeed

This acquisition of the maker of wood ceiling and wall designs is intended to add to Malvern, Pa.-based CertainTeed's innovation capabilities and increase its presence in the high-growth architectural specialties ceilings market.

April 2, 2019

Preformed Line Products to acquire MICOS TELCOM

Preformed Line Products is set to acquire MICOS TELCOM s.r.o., as it positions itself to support emerging industry technologies like 5G, network densification, and metro fiber rings.

April 2, 2019

CertainTeed buys wood ceiling maker Norton Industries

This acquisition is intended to improve CertainTeed's presence in the high-growth architectural specialties ceilings market.

April 1, 2019

Lincoln Electric buys Baker Industries

Lincoln Electric Holdings Inc. has acquired Baker Industries Inc., a privately held provider of custom tooling, parts and fixtures primarily serving automotive and aerospace markets.

April 1, 2019

Fifth Eye raises $11.5M Series A round

The Ann Arbor-based medical device software company will used the funds to secure FDA clearance of of its first product, support clinical studies and enable commercial launch of the product.

April 1, 2019

Kellogg to sell Keebler, Famous Amos brands for $1.3B

Kellogg Co. is selling selected cookies, fruit and fruit-flavored snacks, pie crusts, and ice cream cones businesses to the global confectionary company Ferrero Group and its related companies for $1.3 billion in cash as it continues to refocus its brand portfolio.

April 1, 2019

ProBilt Services of Ohio acquired by Fontaine Modification

Truck upfitter ProBilt Services of Ohio, along with its 30,000 sq. ft. facility located less than half a mile from the Kenworth assembly plant in Chillicothe, has been acquired by Fontaine Modification.

April 1, 2019

Timken acquires Diamond Chain Co.

The Timken Co. has acquired The Diamond Chain Co. from Amsted Industries. With the acquisition, Timken's power transmission portfolio now accounts for roughly one-third of its revenues.

April 1, 2019

Strength Capital sells ARCH Global to NYC PE firm

CEO Eli Crotzer and the rest of the ARCH senior management team will continue operating the manufacturer of precision cutting tools, precision machined industrial components and medical implants and instruments.

April 1, 2019

Park National Corp., CAB Financial Corp. merge

Park National Corp. and CAB Financial Corp. have completed their merger, which folds CAB’s banking subsidiary in as a community banking division of The Park National Bank.

April 1, 2019

MGM completes Northfield Park acquisition

Following the $275 million transaction, MGM Resorts has rebranded the property as MGM Northfield Park.

March 28, 2019

EmployStream gets $3.5 Series A bump

EmployStream has closed a $3.5 million Series A funding round that it will use to expand its product development, marketing and sales efforts as it looks to increase its footprint in the staffing industry.

March 26, 2019

Investors press change at Bed, Bath & Beyond

Bed, Bath and Beyond is fending off a group of activist investors, concluding Cleveland's Ancora Advisors, demanding significant changes, including replacing both its CEO and its entire board.

March 26, 2019

Crane's Screen Machine acquires Diamond Z

Partnering the two material processing companies will help Screen Machine address the growing need for mobile material processing machines across a variety of industries.

March 26, 2019

'Merger of equals' will create $1.3B banking institution

ChoiceOne Financial Services, the parent company of ChoiceOne Bank, and County Bank, the parent company of Lakestone Bank & Trust, are merging to form the 12th-largest bank holding company in Michigan.

March 26, 2019

University Lending Group buys assets of Huron Valley Financial

University Bancorp Inc. subsidiary University Lending Group has acquired certain assets of Huron Valley Financial Inc., a privately held mortgage banking firm also based in Ann Arbor, Michigan.

March 21, 2019

BGL oversees Miller Environmental Group sale to PE firm

Brown Gibbons Lang & Co.'s Environmental & Industrial Services team served as the exclusive financial adviser in the sale of Miller Environmental Group Inc. to GenNx360 Capital Partners.

March 21, 2019

Huntington Tower is on the block

Akron’s tallest building is officially for sale. Huntington Tower, the home of Huntington Bank and 1,200 of its employees, has no asking price yet.

March 21, 2019

3-D startup Kaarta raises $6.5M

The developer of real-time mobile 3D reality capture raised the funds to accelerate the growth of its mobile mapping and localization technology.

March 20, 2019

Lubrizol expands natural, botanical offerings with acquisition of French supplier

The Lubrizol Corp. has acquired Laboratoire Phenobio, a French supplier of naturally-derived extracts and botanical active ingredients.

March 20, 2019

Horizon Global Corp. gets liquidity injection with $51M loan

Horizon Global Corp. has closed a new financing agreement to provide additional liquidity and has amended its existing term debt agreement to relax financial covenants.

March 20, 2019

Scotts Miracle-Gro dumps its stake in TruGreen for $234M

Scotts Miracle-Gro Co. has sold its 30 percent stake in TruGreen to the majority owner for approximately $234 million in a move to reduce debt and maximize shareholder value.

March 19, 2019

Continental Services nabs Sterling Services for 5th acquisition in 18 months

Continental Services, Michigan’s largest food management company, has acquired Canton-based Sterling Services, creating Michigan’s largest founder-owned contract dining management company.

March 19, 2019

ACP-backed Pleatco buys APEL, Milton to expand air filtration services

Align Capital Partners portfolio company Pleatco Filtration has expanded into the industrial air filtration market with the acquisitions of APEL International and Milton Manufacturing.

March 19, 2019

MC Group continues aggressive growth strategy, acquires Coastal Signage + Wayfinding

MC Group has closed its second acquisition in just over year, announcing it has purchased Coastal Signage + Wayfinding, a full-service solutions provider based in Oceanside, California.

March 15, 2019

Case licensee NervGen Pharma raises $7.5M in IPO

The Vancouver-based company, which has licensed regenerative medicine technology from Case Western Reserve University, said it plans to raise another $500,000 in a private placement.

March 14, 2019

TransDigm wraps up $4B Esterline deal

TransDigm Group Inc. has completed the acquisition of Esterline Technologies Corp., a specialized manufacturer serving the global aerospace and defense industries.

March 14, 2019

Incline Equity’s Continental Batteries gets a boost, buys Battery Sales & Service

Continental Batteries, a battery distributor and a portfolio company of Pittsburgh private equity firm Incline Equity Partners, is acquiring Battery Sales & Service in its sixth acquisition in just over seven months.

March 14, 2019

Ampco-Pittsburgh plans to sell ASW Steel

Ampco-Pittsburgh Corp. is set to sell its Canadian subsidiary, ASW Steel Inc. ASW, a specialty steel-making facility located in Welland, Ontario, has been classified as a discontinued operation

March 13, 2019

Highmark, Geisinger complete $100M clinical joint venture

Health care companies Highmark Inc. and Geisinger have completed their previously announced clinical joint venture, which will invest more than $100 million to expand health care services and improve access to healthcare in four north-central Pennsylvania counties.

March 13, 2019

PNC to sell part of its record-keeping business to Newport Group

The transaction will enable PNC to focus on providing fiduciary investment advice to retirement clients — one of its core businesses — while helping Newport expand through the complementary acquisition.

March 12, 2019

Huron-backed Ronnoco Coffee gulps down add-on

Huron Capital’s platform company Ronnoco Coffee has acquired Beverage Solutions Group, expanding its national footprint from 35 to 43 states and provides additional distributor relationships.The deal

March 11, 2019

NeuBase Therapeutics gets $9M in financing

NeuBase Therapeutics Inc., a Pittsburgh biotechnology company developing antisense therapies to address rare genetic diseases, has landed $9 million in financing ahead of the company’s proposed merger with Ohr Pharmaceutical Inc.

March 11, 2019

DLZ grows in Midwest with Johnson & Anderson acquisition

Architecture and engineering firm DLZ Corp. has acquired Johnson & Anderson Engineers, a civil engineering firm that works in the areas of municipal, water and wastewater engineering, survey and construction services.

March 11, 2019

Enesco completes acquisition of Things Remembered

Giftware seller and distributor Enesco LLC has completed its acquisition of Things Remembered Inc., preserving 176 stores and 1,400 jobs while expanding the company's offerings.

March 11, 2019

Army gives Carnegie Mellon $72M to fund AI defense research

Carnegie Mellon University, specifically its Combat Capabilities Development Command Army Research Laboratory, is being awarded $72 million from the U.S. Army over five years for fundamental (publishable) artificial intelligence research.

March 11, 2019

Preformed Line Products buys Austrian SubCon Electrical Fittings

Preformed Line Products Co., a manufacturer of energy and communications infrastructure, has acquired SubCon Electrical Fittings GmbH, an Austrian manufacturer of substation connector systems and electrical accessory hardware.

March 8, 2019

L Brands pressed to spin off Victoria’s Secret

Activist investor Barington Capital is urging L Brands to spin off its struggling Victoria Secret brand, in part to protect its thriving Bath & Body Works brand, which Barington says should be taken

March 6, 2019

McGowan Cos. acquires, rebrands Edgewater Holdings

The McGowan Cos. has purchased the assets of another insurance underwriter, Edgewater Holdings Ltd., in a move McGowan President and CEO Thomas B. McGowan IV said will further the company’s national growth strategy.

March 6, 2019

Cancer support organizations merge

Two cancer support organizations, Gilda’s Club Metro Detroit and The Lake House, are merging to continue, broaden and strengthen support for families facing cancer throughout metro Detroit.The Lake

March 5, 2019

WESCO closes Sylvania Lighting purchase

WESCO Services, LLC, a subsidiary of Wesco International, has acquired certain assets of Sylvania Lighting Solutions from OSRAM Sylvania, including its business operations in the United States and Canada.

March 5, 2019

Beachwood’s NeverBounce acquired by B2B intelligence platform DiscoverOrg

Beachwood, Ohio-based email verification company NeverBounce is being acquired by DiscoverOrg, a B2B marketing intelligence firm based in Vancouver. The deal will help DiscoverOrg enhance its existing sales and marketing services and solutions for B2B companies.

March 5, 2019

RHP pays $170M for 17 manufactured home sites

Farmington Hills-based RHP Properties, an owner and operator of manufactured home communities, has acquired 17 communities in five states.The $170 million acquisition includes 3,177 sites in five

March 5, 2019

Resilience Capital Partners sells Thermal Solutions Manufacturing

Private equity firm Resilience Capital Partners has sold Thermal Solutions Manufacturing, a provider of automotive heating and cooling products, to Altus Capital Partners Inc., an investment firm focused on the North American manufacturing sector.

March 4, 2019

Riverside Co. adds ADA Solutions to SureWerx safety portfolio

The Riverside Co. has acquired ADA Solutions, a developer and distributor of safety products and solutions for the visually impaired, as an add-on to its SureWerx portfolio company, a supplier of professional safety products, tools and equipment.

March 1, 2019

Masco may shed cabinetry and window businesses

The units account for 20 percent of the company's sales and 10 percent of operating profit.

March 1, 2019

Diversified to buy 9 Chicago-area Buffalo Wild Wings

The units being acquired generated $32.7 million in revenue and $4.5 million of EBITDA in 2018,

March 1, 2019

Eaton to spin off lighting business

Move will create a separate public company with $1.7 billion in sales to commercial, industrial, residential and municipal markets.

February 28, 2019

Adrich gets seed funding from Sony

Sony Innovation Fund invests in maker of labels that track consumer behavior.

February 27, 2019

RDX acquires ClearDB in second February deal for cloud services firm

Managed database and cloud services provider RDX has acquired ClearDB as part of an aggressive strategic expansion of the RDX service portfolio.

February 27, 2019

Sarepta to buy Myonexus for $165M

Nationwide Children’s Hospital spinoff Myonexus Therapeutics, a clinical-stage gene therapy company, is being bought by Sarepta Therapeutics for $165 million.

February 26, 2019

Campbell's selling Garden Fresh, but not to Aronson

Campbell Soup says it will sell the Ferndale-Based salsa maker to an affiliate of Fountain of Health USA, a maker of hummus, dips, salads and other products.

February 25, 2019

Maitri Medicinals raises nearly $7M from angel investors

The medical marijuana company reportedly will use the funds to establish additional dispensaries, an indoor growing facility and the relocate its headquarters.

February 25, 2019

Lineage Logistics buying rival for a reported $1B+

The deal to buy Preferred Freezer Services unites two of the industry's largest companies.

February 19, 2019

Compass Self Storage nabs another Florida location

The Alachua site is now the 18th Compass Self Storage location in Florida and the company's 87th location nationwide.

February 18, 2019

Riverside invests in 300-year-old rum producer

The PE firm has made a significant investment in E&A Scheer, the largest global blender and vendor of premium rum in bulk.

February 12, 2019

MediQuant agrees to buy HeF Solutions

Brecksville-based MediQuant, a provider of enterprise active archiving solutions to hospitals and health systems, is acquiring Illinois-based HeF Solutions. The deal follows by a day the announcement of MediQuant's acquisition of DataEmerge of Columbus.

February 11, 2019

MediQuant to acquire DataEmerge

MediQuant, a provider of archiving solutions to hospitals and health systems, is acquiring the data extraction company DataEmerge.“This merger is an opportunity for both MediQuant and DataEmerge to

February 8, 2019

Davey Tree buys Houston's Landscape Management Services

The Davey Tree Expert Co. is acquiring assets of LMS Inc. (Landscape Management Services), a Houston-based commercial landscape management company.“LMS brings a talented team of professionals, and we

February 6, 2019

Compass Self Storage adds third location in greater Pittsburgh

Compass Self Storage, a member of the Amsdell family of companies, has acquired a new self-storage center at 5301 N. Pioneer Road in Gibsonia, Pennsylvania, just north of Pittsburgh.

February 6, 2019

Things Remembered sells to Enesco, files bankruptcy

Things Remembered is selling most of its business to Enesco, an Illinois-based giftware, home décor and accessories distribution company. To facilitate the sale, the company filed voluntary petitions under Chapter 11, seeking bankruptcy court approval for a severance and outplacement program to support impacted employees and incentives for store employees.

January 31, 2019

Riverside adds Australian firm to Hiway platform

The Riverside Company bought WA Profiling and Stabilising, a Perth, Australia-based provider of road stabilization and profiling services. The company will be iadded to Riverside’s Hiway Group,

January 28, 2019

Weiss family selling American Greetings HQ

The Weiss family reportedly has put American Greetings Corp.’s global corporate headquarters in Westlake’s Crocker Park on the market, roughly a year after selling a majority stake in their family business to PE.

January 24, 2019

FirstEnergy Solutions gets new lease on life

FirstEnergy Solutions has staved off oblivion for now with a restructuring deal that will allow it to emerge from Chapter 11 bankruptcy.

January 10, 2019

CVS buys Ritzman Pharmacies, closes all but three sites

Ritzman Pharmacies is selling all of its 20 Northeast Ohio retail pharmacies to CVS Pharmacy, which will close all but three of the stores.

January 10, 2019

MRI Software acquires background screening business

MRI Software LLC has acquired Minnesota-based Rental History Reports and Trusted Employees, a provider of cloud-based applicant screening platforms.

January 8, 2019

Riverside-backed HSI adds EMS Safety Services

Health and Safety Institute, backed by Riverside Co., has acquired EMS Safety Services Inc, a California-based provider of first aid and CPR training solutions.

December 13, 2018

Ranpak sells for $950M; going public

The Concord Township-based packaging products company is being bought for $950 million by One Madison Corp., a special purpose acquisition company.

December 7, 2018

Flashstarts launches early-stage blockchain fund

Charles Stack’s Flashstarts business accelerator is creating a $6 million, pre-seed investment fund for blockchain-based startups.

December 7, 2018

TravelCenters sells convenience stores

TravelCenters of America has completed the $330.8 million sale of its convenience store business.

December 7, 2018

Compass Self Storage adds 16th Atlanta center

The acquisition gives Compass Self Storage 16 locations in the greater Atlanta market, and 85 total storage centers nationwide.

June 15, 2018

Ranpak reportedly on the block

Bloomberg reports that Rhone Capital LLC is considering a sale of the Concord Township company, and it’s working with Goldman Sachs Group Inc. to find a buyer.

February 16, 2018

Get well soon?

What’s the right card to buy when your 112-year-old business has just been sold? After more than seven months of due diligence, Clayton, Dubilier & Rice last week agreed to buy a majority interest in American Greetings.