Spiral Binding Invests in MyBinding

BindTech Acquires Steffen Bookbinders

December 2, 2021

Manufacturing

BindTech LLC has acquired Cleveland-based Steffen Bookbinders Inc., bringing the century-old bindery into its nationwide group of trade book manufacturers and post-press services. The deal expands BindTech's Cleveland-area footprint and capabilities—adding layflat and PUR perfect-binding capacity—and was sold by long-time owners Bill and Betty Turoczy.

Nippon Express (NX Group) Invests in Spiral Inc.

September 5, 2024

Aerospace & Defense

Nippon Express Holdings, through its NX Global Innovation Fund, acquired a minority stake in Tokyo-based Spiral Inc., a startup that develops the MarkFlex Air autonomous indoor drone flight control system. The investment aims to support Spiral’s overseas expansion (including plans for a Vienna subsidiary), accelerate adoption of indoor drones at logistics and construction sites, and deepen NX Group’s capabilities in logistics and infrastructure inspection solutions.

Nippon Express (NX Group) Invests in Spiral Inc.

August 23, 2024

Aerospace & Defense

Nippon Express Holdings, Inc. (NX Group) — via its NX Global Innovation Fund — acquired a minority stake in Spiral Inc., a Tokyo-based developer of indoor autonomous drone flight control systems, on August 23, 2024. The investment is intended to support Spiral’s expansion into Europe (including a planned Vienna subsidiary) and to allow NX Group to integrate Spiral’s technology into its logistics services via its cargo‑partner subsidiary.

Bending Spoons Acquires Issuu

July 19, 2024

Cloud & SaaS

Italian technology company Bending Spoons has completed the acquisition of Issuu, the Palo Alto–headquartered digital publishing platform. Bending Spoons said it will leverage its platform technologies and expertise to expand Issuu's reach and product capabilities; Issuu counts more than one million creators and marketers and reported ~100 million unique users per month.

Thermo Fisher Scientific Acquires The Binding Site Group

October 31, 2022

Medical Devices

Thermo Fisher Scientific has entered into a definitive agreement to acquire The Binding Site Group from a shareholder group led by Nordic Capital for £2.25 billion (about $2.6 billion). The Binding Site, a Birmingham-based specialist in protein and blood-cancer diagnostics with more than 1,100 employees and ~10% annual revenue growth, will join Thermo Fisher's Specialty Diagnostics segment to expand its capabilities in cancer diagnostics and monitoring.

Incline Equity Partners Invests in Specialty Products & Insulation (SPI)

January 6, 2022

Building Products

Pittsburgh-based private equity firm Incline Equity Partners has made an investment in Specialty Products and Insulation (SPI), a Charlotte-headquartered value-added distributor and fabricator of insulation products. Incline will support SPI’s growth plan — including accelerated M&A, greenfield expansion and investments in systems and operations — to expand capabilities and geographic reach.