Subscribe to Smart Business Dealmakers
October 31, 2024
The Rise Of Earn Outs
Gordon Rees LP’s Craig Heryford on how earn outs are being used in the market and why owners should use caution when negotiating them....
By Adam Burroughs
October 22, 2024
Solenture Acquires Reedmark Advisors
Pittsburgh-based Solenture has acquired Reedmark Advisors, an SEC registered investment advisor with $400 million in assets under management. The price was undisclosed....
By Dealmakers Staff
October 21, 2024
Tecum Equity Invests in Kadon Precision
Tecum Equity has invested in Kadon Precision and Aerospace, a precision manufacturing company based in Rockford, Ill., that focuses on the aerospace, defense, space and industrial product markets....
By Dealmakers Staff
October 17, 2024
Aperam to buy Universal Stainless & Alloy Products
Universal Stainless & Alloy Products Inc. has agreed to be acquired by Aperam in an all-cash transaction....
By Dealmakers Staff
October 9, 2024
Blink Acquires Ethic Advertising Agency
Ethic founder Jeff Swartz will join Blink as a co-owner of Blink....
By Dealmakers Staff
October 3, 2024
Factors That Can Make Or Break A Deal
The Selinsky Force’s Lori Scott on the factors that can make or break a deal post transaction....
By Adam Burroughs
October 2, 2024
Cloud Equity Group Buys Paper Box SEO
New York-based PE firm Cloud Equity Group has acquired Pittsburgh-based Paper Box SEO, a provider of search engine optimization services. Terms of the deal were not disclosed....
By Dealmakers Staff
October 1, 2024
Davenforth Acquires Third Generation
Austin-based Davenforth has acquired Pittsburgh-based Third Generation along with Dallas-based TeleCloud to form a new managed IT, voice, and networking platform to service 21,500 users across 900 businesses....
By Dealmakers Staff
September 27, 2024
Kreher Buys Ritchey Metals
Chicago-based Kreher Steel Co. has acquired Canonsburg-based Ritchey Metals Co. The deal expands Kreher's manufacturing footprint and adds more than 120,000 tons of annual alloy output capacity....
By Dealmakers Staff
September 23, 2024
Mid-Atlantic Media Buys Pittsburgh Parent magazine
Mid-Atlantic Media CEO and Publisher Craig Burke said the acquisition was part of the media company’s strategic plan....
By Dealmakers Staff
September 5, 2024
Market Factors Shift Buyer Perspective
Stonewood Capital Management’s Kenn Moritz on how market conditions affected his firm’s 2023 deal year....
By Adam Burroughs
September 5, 2024
Seegrid lands funding from Giant Eagle, G2 Venture Partners
Coraopolis-based Seegrid Corp., a maker of autonomous mobile robots for pallet material handling, closed a $50M Series D investment round, funded by existing investors Giant Eagle and G2 Venture Partners, along with smaller investments from other existing shareholders....
By Dealmakers Staff
August 29, 2024
eProductivity Software Buys Massachusetts Business
Pittsburgh-based eProductivity Software, a provider of technology for the print and packaging industries, has acquired Massachusetts-based Enterprise Print Management Solutions, a management information system software provider serving North America....
By Dealmakers Staff
August 26, 2024
Sylvan To Be Bought By Chinese Firm
Kittanning-based Sylvan Inc., a producer and distributor of mushroom spawns, has agreed to be acquired by Jiangsu Yuguan Modern Agriculture Science And Technology (Yuguan China)....
By Dealmakers Staff
August 14, 2024
Sweden's Trelleborg Group Buys Magee Plastics
Sweden's Trelleborg Group has acquired Warrendale, Penn.-based Magee Plastics, expanding its Trelleborg Sealing Solutions business unit. Magee Plastics specializes in manufacturing and servicing high-performance thermoplastic and composite material solutions specifically for the aerospace industry....
By Dealmakers Staff
August 13, 2024
JENNMAR Buys West Virginia Blending Facility
Pittsburgh-based JENNMAR, a provider of infrastructure products and specialized services to the civil, solar, mining, and construction industries, has acquired a West Virginia cement blending facility of Wright-Mix Material Solutions, a provider of contract blending and bagging services....
By Dealmakers Staff
August 9, 2024
HouseWorks Holdings Buys Bridge City Home Care
Boston-based HouseWorks Holdings, a personal care services platform serving the Northeast, has acquired Pittsburgh-based Bridge City Home Care, a provider of personal care services....
By Dealmakers Staff
August 9, 2024
Incline Equity Sells ASP Global
Pittsburgh-based Incline Equity Partners has sold ASP Global, a developer of consumable medical products for healthcare providers, to Platinum Equity....
By Dealmakers Staff
August 8, 2024
Pittsburgh Deal Activity: Enhance business value before selling with a Tax Diagnostic Review
MelCap Partners' Tom Freeman explores tax diagnostic reviews and how they can provide significant value to sellers as they seek to exit their businesses. ...
By Tom Freeman
August 8, 2024
Frontenac Buys Ideal Integrations
Pittsburgh-based Ideal Integrations, a managed services provider of IT and cybersecurity services, has been acquired by Chicago-based private equity firm Frontenac....
By SBN Staff
July 11, 2024
Post-Capital-Raise Board Dynamics
Jason Wolfe of Wolfe LLC, Meredith Meyer Grelli of the Tepper School Of Business Carnegie Mellon, Free Market Health's Joe Cardosi and moderator Patrick Colletti of Net Health and CoSage delve into the essential steps for getting your management team board-ready, and explore the art of CEO leadership in the boardroom....
By SBN Staff
June 20, 2024
Getting Deals Done Regardless Of Interest Rates
American Environmental Partners Brad Domitrovitsch on how he gets deals done despite interest rates. ...
By Adam Burroughs
May 9, 2024
Economic Realities Change Buying Criteria, Seller Outlook
Louis Plung & Co. Partner Tony Montanaro on the conditions in today's market and how they're impacting both buyers and sellers. ...
By Adam Burroughs
May 5, 2024
Hyde Marine’s Ballast Water Treatment Plant Acquired by Optimarin
Hyde Marine’s Ballast Water Treatment business has been acquired by Optimarin AS....
By SBN Staff
May 1, 2024
DQE Communications Acquires GI Partners
DQE Communications announced it was acquired by GI Partners, a leading investor in data infrastructure businesses....
By SBN Staff
April 23, 2024
Milk & Honey Acquires VMG Sports
Barnes & Thornburg represented entertainment management company Milk & Honey Music + Sports + Ventures in its acquisition of VMG Sports....
By SBN Staff
April 18, 2024
WilliamCharles Search Group Merges with Reflex Staffing Solutions
WilliamCharles Search Group has merged with Reflex Staffing Solutions....
By SBN Staff
April 10, 2024
Pitsburgh Deal Activity: Increased scrutiny on forecasts in a volatile market
While the primary impetus for this change in buyer perspective stems largely from the pandemic and other macroeconomic factors like interest rate increases and complex geopolitical conditions, we expect that this aspect of buyer assessment will become a regular step in the deal process for the foreseeable future....
By Daniel Bowman
April 4, 2024
Carmell Announces $3M Private Placement
Carmell Corp., a bio-aesthetics company focused on skin and hair health, has entered into a securities purchase agreement with new and existing investors for the issuance and sale of approximately 1,333,333 shares of its common stock in a private placement at a price of $2.25 per common share for aggregate gross proceeds of 3 million dollars before deducting offering expenses....
By SBN Staff
April 2, 2024
Koppers Completes Acquisition of Brown Wood Preserving Co.
Koppers Utility and Industrial Products Inc., a wholly owned subsidiary of Koppers Holdings Inc., has completed its acquisition of substantially all assets of Brown Wood Preserving Co. Inc. and certain of its affiliates for approximately $100 million in cash....
By SBN Staff
April 1, 2024
Product Evaluation Systems Bought By ATS
Product Evaluation Systems LLC is the newest member of the Applied Technical Services Family of Companies....
By SBN Staff
April 1, 2024
Wesco Finalizes Sale of Integrated Supply Business to Vallen
Wesco International has completed the sale of its Wesco Integrated Supply business to Vallen Distribution Inc., a portfolio company of Nautic Partners LLC, for a purchase price of $350 million....
By SBN Staff
March 30, 2024
RHI intends to acquire Resco Group
RHI Magnesita intends to acquire Resco Group....
By SBN Staff
March 27, 2024
Gather AI Closes $17M Round
Gather AI has closed a $17 million Series A-1 fundraising round led by Bain Capital Ventures with participation from Tribeca Venture Partners, Dundee Venture Capital, Expa and Bling Capital....
By SBN Staff
March 19, 2024
Dell Technologies Capital Funds G2 Reverse Logistics
G2 Reverse Logistics has closed a $9.6 million seed funding round led by Dell Technologies Capital. The funds will be used for sales and marketing investments to support the company's global growth strategies....
By SBN Staff
March 18, 2024
Genesys Industries buys Latrobe Foundry Machine & Supply
Grafton, Ohio-based Genesys Industries has acquired Unity Township-based Latrobe Foundry Machine & Supply Co. Genesys is also buying Latrobe Foundry’s Whitney facility....
By SBN Staff
March 7, 2024
It's Complicated: Earnouts And Their Impact On A Deal
The full Pittsburgh Smart Business Dealmakers Conference Kickoff panel offer their takes on the earnout's role in a deal — for better and worse. ...
By Adam Burroughs
February 28, 2024
Koppers Signs Agreement to Acquire Brown Wood Preserving
Koppers Holdings Inc. signed an agreement to acquire substantially all assets of Brown Wood Preserving company and certain of its affiliates for approximately $100 million in cash. ...
By SBN Staff
February 28, 2024
Black Tech Nation Ventures Closes $50M Inaugural Fund
Black Tech Nation Ventures, a Pittsburgh-based venture firm, closed a $50 million inaugural fund....
By SBN Staff
February 23, 2024
Wesco Enters Agreement to Sell Integrated Supply Business to Vallen Distribution
Wesco International has entered into a definitive agreement to sell its Wesco Integrated Supply business to Vallen Distribution....
By SBN Staff
February 21, 2024
Announcing Pittsburgh's Smart Business Network Dealmaker Award Winners and 2024 Dealmakers Hall of Fame Class!
Here are the Pittsburgh Dealmaker of the Year Award honorees and Hall of Famers we're recognizing this year!...
By SBN Staff
February 21, 2024
StateServ acquires Delta Care Rx
StateServ has completed its acquisition of Delta Care Rx, a national pharmaceutical care provider based in Pittsburgh. ...
By SBN Staff
February 21, 2024
Blackbird Health raises $17M in Series A funding
Blackbird Health, a neuroscience-led and technology-backed youth mental health provider, raised $17 million in series A funding. ...
By SBN Staff
February 15, 2024
LIVE365 acquires customers of Christian Netcast
Live365, the one-stop shop for internet radio stations, is partnering with ChristianNetcast to provide complete streaming services for the network’s faith-based broadcasters....
By SBN Staff
February 12, 2024
CNX Resources sells private offering of $400M of senior notes
CNX Resources Corp. intends, subject to market and other conditions, to offer and sell in a private placement to eligible purchasers $400 million of senior notes due 2032....
By SBN Staff
January 23, 2024
Ansys and Humanetics expand partnership
Ansys has entered into a definitive agreement to acquire a minority ownership interest in Humanetics from Bridgepoint, the global private equity firm that first invested in Humanetics in 2018. ...
By SBN Staff
January 12, 2024
Nippon Steel Corporation to Acquire U. S. Steel
Nippon Steel Corporation, Japan’s largest steelmaker and one of the world’s leading steel manufacturers, and United States Steel Corporation, a leading steel producer with competitive advantages in...
By Staff Reports
January 12, 2024
Giant Oil Acquires American Natural Retail
American Natural Retail has been sold to Giant Oil, according to an announcement by Cleopatra Resources. The acquisition includes 11 convenience stores, and an additional two company-operated retail...
By Staff Reports
January 12, 2024
Opta Group Acquires Anker Industries
Opta Group, a portfolio company of Speyside Equity Advisers, announced its acquisition of Anker Industries LLC effective December 20, 2023. Anker supplies the steel and foundry industries with...
By Staff Reports
January 12, 2024
Alliance Technical Group’s Two Strategic Acquisitions Finishes Another Record Year of Growth
Alliance Technical Group, a prominent leader in the environmental compliance sector, announced the successful acquisition of two significant assets. These acquisitions represent key advancements in...
By Staff Reports
