Acquisitions in Ohio, United States
Showing 100 transactions.
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Handgards Acquires Inno-PakFebruary 12, 2025
- Buyer
- Handgards, LLC, Wynnchurch Capital, L.P.
- Target
- Inno-Pak, LLC
- Seller
- Emerald Lake Capital Management
- Industry
- Packaging
- Location
- Ohio, United States
- Type
- Addon
Handgards, LLC, a portfolio company of Wynnchurch Capital, acquired Inno-Pak, LLC, a sustainable food packaging provider headquartered in Delaware, Ohio. The deal adds Inno-Pak’s converting and sourcing capabilities and broad patent portfolio to expand and diversify Handgards’ foodservice-solutions platform across foodservice, grocery, convenience store, and hospitality end markets.
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Wynnchurch Capital Acquires Astro Shapes from Monomoy Capital PartnersJanuary 28, 2025
- Buyer
- Wynnchurch Capital
- Target
- Astro Shapes, LLC
- Seller
- Monomoy Capital Partners
- Industry
- Manufacturing
- Location
- Ohio, United States
- Type
- Buyout
Monomoy Capital Partners has sold Astro Shapes, LLC, a manufacturer of custom aluminum extrusions, to Wynnchurch Capital. Astro Shapes is headquartered in Struthers, Ohio and serves building products and recreational vehicle end markets through multiple facilities in the Midwest and Northeast United States.
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Precision Products Group (Auxo Investment Partners Portfolio Company) Acquires Cindus CorporationJanuary 27, 2025
- Buyer
- Precision Products Group, Auxo Investment Partners
- Target
- Cindus Corporation
- Industry
- Manufacturing
- Location
- Ohio, United States
- Type
- Addon
Precision Products Group (PPG), a portfolio company of Auxo Investment Partners, acquired Cindus Corporation, a Cincinnati, Ohio-based manufacturer of crepe paper for electrical and industrial applications. The acquisition is intended to strengthen PPG’s insulation materials offering for the growing electrical transformer market and support investments to expand Cindus’ production capacity. Cindus will continue operating under its name and be managed locally by its existing management team.
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FST Logistics Acquires Dancer LogisticsJuly 31, 2024
- Buyer
- FST Logistics
- Target
- Dancer Logistics, Dancer Logistics, Inc.
- Industry
- Logistics & Distribution
- Location
- Ohio, United States
- Type
- Buyout
FST Logistics, a 100% employee-owned third-party logistics (3PL) company headquartered in Dublin, Ohio, has acquired Dancer Logistics of Delphos, Ohio. The deal expands Dancer Logistics’ access to FST’s customer base and warehouse footprint, supporting growth and broader logistics and supply chain service capabilities.
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Kodiak Acquires Southern Adhesives and CoatingsJuly 9, 2024
- Buyer
- Kodiak
- Target
- Southern Adhesives and Coatings
- Industry
- Manufacturing
- Location
- Ohio, United States
- Type
- Buyout
Kodiak acquired Southern Adhesives and Coatings, a boutique adhesives and coatings supplier serving the paper and packaging industries. The acquisition expands Kodiak’s specialty chemicals portfolio and supports its strategy of consolidating manufacturing and accelerating growth using Kodiak’s manufacturing, R&D, and sales capabilities.
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Levine Leichtman Capital Partners Acquires NSL Analytical ServicesJune 28, 2024
- Buyer
- Levine Leichtman Capital Partners (LLCP)
- Target
- NSL Analytical Services
- Seller
- May River Capital
- Industry
- Industrial Services
- Location
- Ohio, United States
- Type
- Buyout
May River Capital announced the sale of its portfolio company NSL Analytical Services (NSL) to Levine Leichtman Capital Partners (LLCP). May River had acquired NSL in January 2020 and, alongside NSL management, invested in talent, service expansion, and facility scalability to support growth. The transaction positions NSL to continue expanding its advanced materials and laboratory testing services under LLCP ownership.
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CUBRC Acquires Ahmic AerospaceApril 18, 2024
- Buyer
- CUBRC
- Target
- Ahmic Aerospace
- Industry
- Aerospace & Defense
- Location
- Ohio, United States
- Type
- Buyout
CUBRC, a Buffalo, New York-based aerospace research organization, has acquired Ahmic Aerospace, a Dayton-based engineering company that produces aerospace instrumentation. Financial terms were not disclosed, and Ahmic’s operations and employees will remain in Dayton, Ohio.
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Trades Holding (a CPC Company) Acquires American Eagle Plumbing and Drain Cleaning (Mr. Rooter of Greater Cincinnati/Dayton/Florence)April 4, 2024
- Buyer
- Trades Holding Co., LLC, CPC
- Target
- American Eagle Plumbing and Drain Cleaning, LLC (dba Mr. Rooter Plumbing of Greater Cincinnati, Mr. Rooter Plumbing of Dayton, and Mr. Rooter Plumbing of Florence)
- Seller
- Bashir Salem, Nazek Salem
- Industry
- Plumbing
- Location
- Ohio, United States
- Type
- Addon
Trades Holding Co., LLC, a CPC Company, acquired the assets of American Eagle Plumbing and Drain Cleaning, LLC, which operates the Mr. Rooter Plumbing franchises of Greater Cincinnati, Dayton, and Florence. The deal expands Trades Holding’s Mr. Rooter footprint into Southwest Ohio and Northern Kentucky and adds to its existing Ohio service areas as part of CPC’s platform growth strategy.
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Eyring Movers Acquires Dussault Moving CompanyApril 3, 2024
- Buyer
- Eyring Movers, Edward Eyring & Sons, Inc.
- Target
- Dussault Moving Company
- Industry
- Transportation
- Location
- Ohio, United States
- Type
- Buyout
Eyring Movers (Edward Eyring & Sons, Inc.) announced the acquisition of Dussault Moving Company, a Lakewood, Ohio-based moving business. The deal expands Eyring Movers’ moving and storage footprint on Cleveland’s near-west side, with Dussault to be rebranded as “Eyring Movers Lakewood.”
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Delight Restaurant Group Acquires 65 Wendy's Restaurants from Primary AimApril 2, 2024
- Buyer
- Delight Restaurant Group LLC
- Target
- 65 Wendy's restaurants (franchise units)
- Seller
- Primary Aim LLC
- Industry
- Restaurants & Hospitality
- Location
- Ohio, United States
- Type
- Divestiture
Delight Restaurant Group LLC acquired 65 Wendy's franchise restaurants located in Ohio, Pennsylvania, and West Virginia from Primary Aim LLC. Following the acquisition, Norfolk, Virginia-based Delight expands its Wendy's portfolio and now owns and operates 226 restaurants across multiple states, while Primary Aim continues operating 11 Wendy's units in Ohio.
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MPE Partners Acquires Webster IndustriesMarch 6, 2024
- Buyer
- MPE Partners (Morgenthaler Private Equity)
- Target
- Webster Industries, Inc.
- Seller
- Webster Industries employee-owned stock ownership plan (ESOP)
- Industry
- Manufacturing
- Location
- Ohio, United States
- Type
- Buyout
MPE Partners (Morgenthaler Private Equity) announced an investment in Webster Industries, a manufacturer of engineered class chain, sprockets, and vibratory equipment for material handling and power transmission applications. MPE acquired Webster from its employee-owned stock ownership plan (ESOP) and partnered with the existing management team, who will continue to lead the business. Financing for the transaction was provided by Fidelity Direct Lending and Apogem Capital; terms were not disclosed.
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Havis Acquires VannerMarch 5, 2024
- Buyer
- Havis, Inc., Guardian Capital Partners
- Target
- Vanner, Inc.
- Industry
- Manufacturing
- Location
- Ohio, United States
- Type
- Addon
Guardian Capital Partners portfolio company Havis, Inc. has completed the acquisition of Vanner, Inc., a provider of power management solutions for transportation and rugged mobile applications. The deal adds Vanner’s long-standing product portfolio and engineering capabilities to the Havis platform, expanding its footprint in in-vehicle rugged technology solutions.
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Summit Partners Acquires CollisionRightJanuary 30, 2024
- Buyer
- Summit Partners
- Target
- CollisionRight, Inc.
- Seller
- CenterOak Partners LLC
- Industry
- Automotive
- Location
- Ohio, United States
- Type
- Buyout
CenterOak Partners announced the sale of CollisionRight, a U.S. auto body collision repair operator, to Summit Partners. CollisionRight has grown to more than 85 repair centers across nine states since its formation in 2020, and transaction terms were not disclosed.
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Health Assurance Transformation Corp. (General Catalyst) to Acquire Summa HealthJanuary 17, 2024
- Buyer
- Health Assurance Transformation Corp. (HATCo), General Catalyst
- Target
- Summa Health
- Industry
- Healthcare Services
- Location
- Ohio, United States
- Type
- Buyout
General Catalyst’s health system-focused company, Health Assurance Transformation Corp. (HATCo), signed a non-binding letter of intent to acquire Akron, Ohio-based Summa Health. Upon completion (subject to due diligence and regulatory approvals), Summa Health would become a wholly owned subsidiary of HATCo and convert from a nonprofit to a for-profit structure. The parties expect to finalize a definitive agreement in the coming months and aim to close before the end of 2024.
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Heritage-Crystal Clean Acquires Envirosafe Services of OhioJanuary 9, 2024
- Buyer
- Heritage-Crystal Clean Inc., J.F. Lehman & Company LLC
- Target
- Envirosafe Services of Ohio Inc.
- Industry
- Environmental Services
- Location
- Ohio, United States
- Type
- Addon
Heritage-Crystal Clean Inc. has acquired Envirosafe Services of Ohio Inc., a fully permitted hazardous waste treatment, storage and disposal facility. The deal expands Crystal Clean’s hazardous waste infrastructure and processing capabilities and supports its growth strategy under owner J.F. Lehman & Company.
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JF Petroleum Group Acquires Buckeye Oil Equipment and Reliable Construction ServicesDecember 19, 2023
- Buyer
- The JF Petroleum Group
- Target
- Buckeye Oil Equipment, Reliable Construction Services (MIBA, LLC)
- Seller
- Ray Eiser, Mike Badgley
- Industry
- Construction
- Location
- Ohio, United States
- Type
- Buyout
The JF Petroleum Group (JF) acquired Buckeye Oil Equipment and Reliable Construction Services (MIBA, LLC), Midwestern U.S. general contracting, petroleum services, and construction companies headquartered in Dayton, Ohio. The acquisition expands JF’s capabilities in fueling infrastructure installation, maintenance & repair, and compliance testing across the Midwest. Financial terms were not disclosed, and capital was provided by JF’s current shareholders.
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Winsupply Acquires Milford CompaniesDecember 4, 2023
- Buyer
- Winsupply Inc.
- Target
- Milford Companies
- Industry
- Industrial Services
- Location
- Ohio, United States
- Type
- Buyout
Winsupply Inc. acquired Milford Companies, a distributor of pipe, valve and fitting products and water works serving infrastructure customers across Texas, Oklahoma and New Mexico. The purchase price was not disclosed, and Milford’s leadership team will continue in key roles following the transaction.
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Fecon Acquires TREEfroggNovember 5, 2023
- Buyer
- Fecon
- Target
- TREEfrogg
- Industry
- Manufacturing
- Location
- Ohio, United States
- Type
- Buyout
Fecon acquired TREEfrogg, a manufacturer of tree-trimming saw attachments for skid steers and compact track loaders. The deal expands Fecon’s right-of-way clearing and vegetation management product offerings by adding TREEfrogg’s trimming saw line designed for small to mid-sized carriers.
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Gentiva Acquires ProMedica Home Health, Palliative and Hospice BusinessNovember 1, 2023
- Buyer
- Gentiva
- Target
- ProMedica home health, palliative, and hospice business
- Seller
- ProMedica
- Industry
- Healthcare Services
- Location
- Ohio, United States
- Type
- Buyout
Gentiva completed its previously announced acquisition of ProMedica's home health, palliative, and hospice business after receiving required state and federal regulatory approvals. The combined organization will expand access to hospice, palliative, and home care services, with many ProMedica locations to be rebranded under Gentiva’s Heartland and Empatia brands.
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Boyne Capital Invests in ProFusion IndustriesOctober 26, 2023
- Buyer
- Boyne Capital
- Target
- ProFusion Industries
- Industry
- Manufacturing
- Location
- Ohio, United States
- Type
- Buyout
Boyne Capital, through an affiliate, has invested in ProFusion Industries, a designer, engineer, and manufacturer of polymer-based film and sheet products. ProFusion is headquartered in Fairlawn, Ohio and serves diversified end markets including hospitality, transportation, military, and industrial applications. The investment is described as Boyne Capital’s most recent platform investment in its BCM Fund II.
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CNL Strategic Capital Acquires Majority Stake in Sill Public AdjustersOctober 24, 2023
- Buyer
- CNL Strategic Capital, LLC
- Target
- Sill Public Adjusters
- Industry
- Insurance
- Location
- Ohio, United States
- Type
- Buyout
CNL Strategic Capital, LLC acquired a majority equity stake in Sill Public Adjusters and made a concurrent debt investment, partnering with Sill’s management team. Sill, headquartered in Cleveland, Ohio, provides specialty insurance consulting and public adjusting services for commercial property insurance claims across North America and the Caribbean. CNL Strategic Capital plans to help expand Sill’s geographic footprint, broaden service offerings, and pursue acquisitions in a fragmented market.
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KPA Acquires ComplyNetOctober 18, 2023
- Buyer
- KPA
- Target
- ComplyNet
- Industry
- Software
- Location
- Ohio, United States
- Type
- Addon
KPA, a portfolio company of CIVC Partners, acquired ComplyNet, a dealer compliance software provider serving automotive and adjacent dealership segments. The acquisition expands KPA’s capabilities across privacy and safeguards, EHS, and sales F&I and advertising compliance solutions for dealerships.
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Trades Holding (a CPC Company) Acquires TWD Plumbing (Mr. Rooter Plumbing of Mid-Ohio)October 18, 2023
- Buyer
- Trades Holding Co., LLC, CPC
- Target
- TWD Plumbing Inc. (dba Mr. Rooter Plumbing of Mid-Ohio)
- Seller
- Trent Dawson, Angie Dawson
- Industry
- Plumbing
- Location
- Ohio, United States
- Type
- Addon
Trades Holding Co., LLC, a CPC Company, acquired the assets of TWD Plumbing Inc., doing business as Mr. Rooter Plumbing of Mid-Ohio, based in Mansfield, Ohio. The add-on acquisition expands Trades’ Mr. Rooter franchise footprint in Ohio and further integrates its service areas across the state.
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#1 Cochran Acquires Flynn Automotive GroupOctober 12, 2023
- Buyer
- #1 Cochran
- Target
- Flynn Automotive Group
- Industry
- Automotive
- Location
- Ohio, United States
- Type
- Buyout
Pittsburgh-based #1 Cochran acquired Flynn Automotive Group, adding four dealerships and a collision center in eastern Ohio. The acquired locations include The Honda Store and Donnell Ford (Boardman), Power Chevrolet, Buick, GMC (East Liverpool), Columbiana Chevrolet, Buick, Cadillac (Columbiana), and a collision center in Columbiana; deal terms were not disclosed.
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Hughes & Company Makes Strategic Investment in Health Data InnovationsOctober 2, 2023
- Buyer
- Hughes & Company
- Target
- Health Data Innovations, LLC (HDI)
- Industry
- Healthcare Services
- Location
- Ohio, United States
- Type
- Growth capital
Health Data Innovations, LLC (HDI) announced a strategic investment from Hughes & Company, a Chicago-based private equity firm focused on healthcare software and technology-enabled services. The investment is intended to support HDI’s expansion of its healthcare data integration and claims data management platform to a broader market of providers and payers and to enable additional strategic partnerships.
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Surestaff Acquires Cardinal StaffingSeptember 26, 2023
- Buyer
- Surestaff, LLC, Owner Resource Group (ORG)
- Target
- Cardinal Staffing
- Seller
- Joni Fought, Tom Fought
- Industry
- Staffing & HR
- Location
- Ohio, United States
- Type
- Addon
Surestaff, LLC, a Chicago-based light-industrial staffing firm, announced the acquisition of Cardinal Staffing, a staffing company founded in 1994 serving northern Ohio and southern Michigan. The deal expands Surestaff’s geographic and service reach and further strengthens its position in the U.S. and Midwest light-industrial staffing market. Cardinal’s leadership team, including COO Joe Young, VP of Sales Rhonda Clemons, and VP of Operations and Business Development Christina Ice, will remain with the company to drive continued growth.
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Trimlite Acquires Francis-Schulze CompanySeptember 21, 2023
- Buyer
- Trimlite Equity, L.P., Wynnchurch Capital, L.P.
- Target
- Francis-Schulze Company
- Seller
- Francis family, Schulze family
- Industry
- Building Products
- Location
- Ohio, United States
- Type
- Addon
Trimlite Equity, L.P., a portfolio company of Wynnchurch Capital, acquired Francis-Schulze Company, a value-added distributor of exterior door products and hardware. Members of the Francis and Schulze families will continue as shareholders in Trimlite, and financial terms were not disclosed. Francis-Schulze is headquartered in Russia, Ohio and has a strong distribution presence across the Ohio Valley.
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Claritas Acquires ArtsAISeptember 12, 2023
- Buyer
- Claritas
- Target
- ArtsAI
- Industry
- Marketing & Advertising
- Location
- Ohio, United States
- Type
- Buyout
Claritas, a data-driven marketing effectiveness and measurement provider owned by Carlyle Group, announced it has acquired ArtsAI, an AI-powered ad technology and marketing attribution/optimization solutions company. The deal will integrate ArtsAI’s patented performance-enhancing technology into Claritas’ all-in-one marketing solution to improve campaign measurement, personalization, and ROI optimization across multichannel advertising. Financial terms were not disclosed.
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Stratix Corporation Acquires Vox MobileAugust 24, 2023
- Buyer
- Stratix Corporation
- Target
- Vox Mobile
- Industry
- IT Services
- Location
- Ohio, United States
- Type
- Buyout
Stratix Corporation, a U.S. provider of managed mobility services (MMS), has acquired fellow MMS provider Vox Mobile to accelerate strategic growth and enhance its service offerings. The deal adds Vox’s automation tools, endpoint management, help desk, and telecom expense management capabilities (including the Encompass platform), while expanding Stratix’s geographic reach with facilities in Ohio and resources based in Canada.
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Peak Technologies Acquires North Coast TechnicalAugust 24, 2023
- Buyer
- Peak Technologies, Sole Source Capital LLC
- Target
- North Coast Technical
- Industry
- Software
- Location
- Ohio, United States
- Type
- Addon
Peak Technologies, a portfolio company of Sole Source Capital, acquired North Coast Technical. North Coast Technical, headquartered in Chesterland, Ohio, provides machine vision hardware and image processing software and will expand Peak Technologies’ machine vision and AI capabilities.
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MPE Partners Recapitalizes Precision PipelineAugust 17, 2023
- Buyer
- MPE Partners (Morgenthaler Private Equity)
- Target
- Precision Pipeline, LLC
- Industry
- Industrial Services
- Location
- Ohio, United States
- Type
- Recapitalization
MPE Partners (Morgenthaler Private Equity) completed a recapitalization of Precision Pipeline, LLC, a provider of underground utility repair, replacement, and maintenance services across gas, electric, telecommunications, and water end markets. Founder Matt Upp partnered with MPE and will remain President, while Mark Crowson joined as Chief Executive Officer. PGIM Private Capital and Siguler Guff provided financing; transaction terms were not disclosed.
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Bobbie Acquires Nature's OneJuly 12, 2023
- Buyer
- Bobbie
- Target
- Nature's One
- Seller
- Jay Highman, Juggernaut Capital Partners
- Industry
- Food & Beverage
- Location
- Ohio, United States
- Type
- Buyout
Bobbie, a San Francisco-based infant formula company, acquired Nature's One, an Ohio-based pediatric nutrition company and owner of a newly built infant formula manufacturing facility. The deal is funded alongside Bobbie’s $70 million Series C financing, led by a $35 million investment from PowerPlant Partners, and positions Bobbie to expand U.S.-based infant formula production while continuing to manufacture Nature’s One products under the Baby’s Only brand.
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MSouth Equity Partners Acquires Fern Exposition ServicesJune 27, 2023
- Buyer
- MSouth Equity Partners
- Target
- Fern Exposition Services
- Industry
- Marketing & Advertising
- Location
- Ohio, United States
- Type
- Addon
MSouth Equity Partners acquired Fern Exposition Services, a Cincinnati, Ohio-based tradeshow services provider and general contractor, for an undisclosed amount. Fern will join forces with Nth Degree, an existing MSouth portfolio company, expanding MSouth’s footprint in in-person events and experiential marketing while the two businesses continue to operate independently.
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Slate Capital Group Acquires Cumberland Diversified MetalsJune 23, 2023
- Buyer
- Slate Capital Group
- Target
- Cumberland Diversified Metals
- Industry
- Industrial Services
- Location
- Ohio, United States
- Type
- Buyout
Slate Capital Group, a private equity investment group, announced it has acquired Cumberland Diversified Metals of Cleveland, Ohio. Cumberland Diversified Metals is a value-added distributor and broker of specialty metals such as aluminum and stainless steel, and the partnership is intended to support the company’s ongoing growth plans.
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Hub International Acquires HORAN Health Employee Benefits AssetsJune 5, 2023
- Buyer
- Hub International Limited
- Target
- HORAN Associates, Inc. (employee benefits assets), HORAN Smart Business, LLC (employee benefits assets)
- Seller
- HORAN Associates, Inc., HORAN Smart Business, LLC
- Industry
- Insurance
- Location
- Ohio, United States
- Type
- Divestiture
Hub International Limited acquired the employee benefits assets of HORAN Associates, Inc. and HORAN Smart Business, LLC (collectively known as HORAN Health). The deal expands Hub’s presence in the Cincinnati Tri-State area and establishes a new regional hub called Hub Heartland. Financial terms were not disclosed, and HORAN’s Wealth division will continue to operate independently.
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BICO Steel Acquires RE Metal FinishingApril 4, 2023
- Buyer
- BICO Steel, Validor Capital
- Target
- RE Metal Finishing
- Industry
- Industrial Services
- Location
- Ohio, United States
- Type
- Addon
BICO Steel, a portfolio company of Validor Capital, has acquired RE Metal Finishing to expand its steel processing and fabrication capabilities. RE Metal Finishing, headquartered in Kent, Ohio, provides steel peening and metal finishing services and has been renamed BICO Metal Finishing. Financial terms were not disclosed.
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Burlington Capital Partners Acquires Martin PalletMarch 2, 2023
- Buyer
- Burlington Capital Partners, Farragut Capital Partners
- Target
- Martin Pallet Inc.
- Industry
- Manufacturing
- Location
- Ohio, United States
- Type
- Buyout
Burlington Capital Partners (BCP) acquired Martin Pallet Inc. in a transaction completed in partnership with Martin Pallet’s management team and Farragut Capital Partners. Headquartered in Massillon, Ohio, Martin Pallet manufactures and refurbishes specialty wood pallets and crates for customers across Ohio and Pennsylvania. Farragut Capital Partners provided debt financing and an equity co-investment to support the acquisition.
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Farragut Capital Partners Invests in Malley's CandiesFebruary 14, 2023
- Buyer
- Farragut Capital Partners, Promise Holdings, Charter Growth Capital, Group of local Cleveland investors
- Target
- Malley's Candies
- Industry
- Food & Beverage
- Location
- Ohio, United States
- Type
- Recapitalization
Farragut Capital Partners closed a subordinated debt and preferred equity investment in Malley's Candies to support the company's recapitalization led by Promise Holdings. Charter Growth Capital and a group of local Cleveland investors also participated, while the Malley family (including CEO Mike Malley) remains involved in the business.
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Astara Capital Partners Invests in Wyandot SnacksJanuary 18, 2023
- Buyer
- Astara Capital Partners, LLC, Astara Capital Fund I, L.P.
- Target
- Wyandot Snacks
- Seller
- Brown family
- Industry
- Food & Beverage
- Location
- Ohio, United States
- Type
- Buyout
Astara Capital Partners, through an affiliate of Astara Capital Fund I, L.P., made an investment in Wyandot Snacks. Wyandot, headquartered in Marion, Ohio, is a contract manufacturer of snack foods and cereals, and its CEO Dewey Armstrong will continue to lead the company; the Brown family is noted as the long-time owner, and terms were not disclosed.
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River Associates Acquires Caster ConnectionDecember 19, 2022
- Buyer
- River Associates Investments, LP, River VIII, L.P.
- Target
- Caster Connection, LLC
- Industry
- Manufacturing
- Location
- Ohio, United States
- Type
- Buyout
River Associates Investments, LP acquired Caster Connection, LLC, a supplier of industrial casters and related products, in a transaction that closed on December 19, 2022. Caster Connection, founded in 1987 and headquartered in Columbus, Ohio, serves material-handling applications with ergonomic caster solutions for manufacturing customers across multiple industries.
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McGraw Hill Acquires Boards & BeyondDecember 6, 2022
- Buyer
- McGraw Hill
- Target
- Ryan Medical Education LLC (d/b/a Boards & Beyond)
- Industry
- Education
- Location
- Ohio, United States
- Type
- Buyout
McGraw Hill acquired Ryan Medical Education LLC, doing business as Boards & Beyond, an on-demand video and online learning platform for medical students. The deal strengthens McGraw Hill’s digital medical education offerings by adding Boards & Beyond’s video-driven instruction and assessment content. McGraw Hill is a portfolio company of Platinum Equity, and this is its second acquisition since Platinum Equity acquired McGraw Hill in 2021.
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Weinberg Capital Group Sells Hoodmart (North American Kitchen Solutions)November 29, 2022
- Target
- North American Kitchen Solutions, Inc. (Hoodmart)
- Seller
- Weinberg Capital Group
- Industry
- Manufacturing
- Location
- Ohio, United States
- Type
- Buyout
Weinberg Capital Group (WCG) announced the sale of its interest in North American Kitchen Solutions, Inc. (dba Hoodmart), a factory-direct manufacturer and supplier of commercial kitchen ventilation and fire suppression systems. Hoodmart is headquartered in Elyria, Ohio, and WCG had owned the business since early 2016.
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UPSTACK Acquires NPG SolutionsOctober 25, 2022
- Buyer
- UPSTACK
- Target
- NPG Solutions LLC
- Industry
- IT Services
- Location
- Ohio, United States
- Type
- Buyout
UPSTACK acquired NPG Solutions LLC, an independent technology and communications solutions advisor headquartered in New Albany, Ohio; financial terms were not disclosed. The deal marks UPSTACK’s 25th partner investment in the past two years, and NPG Solutions’ owners Bill Fuller and Bob Ray will join UPSTACK as Partners.
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Wakefield & Associates Acquires Choice RecoveryOctober 20, 2022
- Buyer
- Wakefield & Associates
- Target
- Choice Recovery, Inc. (debt collection business)
- Industry
- Healthcare Services
- Location
- Ohio, United States
- Type
- Buyout
Wakefield & Associates acquired the debt collection business of Choice Recovery, Inc., an Ohio-based collections provider. The deal expands Wakefield’s geographic footprint in the Great Lakes region and strengthens its healthcare revenue cycle management and financial services capabilities. Choice Recovery will add more than 90 employees and expand Wakefield’s operations.
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Jones Fish Acquires Advanced Technical Aquatic Control (A.T.A.C.)October 13, 2022
- Buyer
- Jones Fish Hatcheries & Distributors, LLC
- Target
- Advanced Technical Aquatic Control (A.T.A.C.)
- Seller
- Rick Rogers
- Industry
- Environmental Services
- Location
- Ohio, United States
- Type
- Addon
Jones Fish Hatcheries & Distributors, LLC (a Fort Point Capital portfolio company) completed the acquisition of Advanced Technical Aquatic Control (A.T.A.C.), a provider of pond and lake management services as well as fountains and aerators sales and service. The deal expands Jones Fish’s footprint in the Ohio Valley region, adding A.T.A.C.’s recurring lake management service programs in the Cincinnati metro area.
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Prescott's, Inc. Acquires Preventive Maintenance Medical, Inc.September 28, 2022
- Buyer
- Prescott's, Inc., Atlantic Street Capital
- Target
- Preventive Maintenance Medical, Inc.
- Industry
- Healthcare Services
- Location
- Ohio, United States
- Type
- Addon
Prescott's, Inc., a portfolio company of Atlantic Street Capital, acquired Preventive Maintenance Medical, Inc. (PMM) to expand into medical and laboratory sterilizer and washer service and support. PMM, founded in 1997 and based in Mount Vernon, Ohio, provides preventative maintenance, service, installations, refurbishments, and parts/equipment sales for sterilizers and washers with national field technician coverage.
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Milton Street Capital Forms ProVeyance Group with Acquisitions of Woodsage and Ashland Conveyor ProductsSeptember 22, 2022
- Buyer
- Milton Street Capital
- Target
- Woodsage, LLC, Ashland Conveyor Products
- Industry
- Manufacturing
- Location
- Ohio, United States
- Type
- Buyout
Milton Street Capital, a Houston-based private equity firm, formed ProVeyance Group through the acquisition of two Ohio-based manufacturers, Woodsage, LLC and Ashland Conveyor Products. ProVeyance will manufacture advanced conveyance components and subsystems for package and material handling applications, and announced Tim Carpenter as CEO concurrent with the platform’s formation.
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Jacmel Growth Partners Acquires Virtual Technologies GroupSeptember 12, 2022
- Buyer
- Jacmel Growth Partners
- Target
- Virtual Technologies Group
- Industry
- IT Services
- Location
- Ohio, United States
- Type
- Buyout
Jacmel Growth Partners acquired Virtual Technologies Group (VTG), a Maumee, Ohio-based provider of IT products and services for SMBs and IT departments. Woodbridge International advised VTG on the transaction.
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LFM Capital Invests in Accelevation, LLCAugust 30, 2022
- Buyer
- LFM Capital
- Target
- Accelevation, LLC
- Industry
- Manufacturing
- Location
- Ohio, United States
- Type
- Buyout
LFM Capital announced that it has invested in Accelevation, LLC, adding it as the third portfolio company in LFM’s third fund. Accelevation is a vertically integrated manufacturing group serving the data center, electric vehicle, and robotics markets through divisions including Conatech and SkyLab. Financial terms were not disclosed.
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Exiger Acquires Supply DynamicsAugust 30, 2022
- Buyer
- Exiger
- Target
- Supply Dynamics
- Industry
- Cloud & SaaS
- Location
- Ohio, United States
- Type
- Buyout
Exiger, a SaaS supply chain risk management and compliance company, acquired Supply Dynamics, a supply chain collaboration and visibility platform provider. The deal combines Exiger’s risk monitoring and automated due diligence capabilities with Supply Dynamics’ item-level visibility and multi-tier supply chain mapping to deliver an end-to-end, cloud-based solution for supplier risk management and supply chain visibility.
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UPSTACK Acquires ChaseTek PartnersAugust 23, 2022
- Buyer
- UPSTACK
- Target
- ChaseTek Partners LLC
- Industry
- IT Services
- Location
- Ohio, United States
- Type
- Buyout
UPSTACK acquired ChaseTek Partners LLC, an independent telecom agency and technology consultancy headquartered in Columbus, Ohio; financial terms were not disclosed. As part of the deal, ChaseTek’s owners/executives Chris Wolfe and Michael Marlowe, along with the firm’s staff, will join UPSTACK to expand its technology infrastructure advisory and support capabilities.
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Peak Rock Capital Affiliate Acquires The Tranzonic CompaniesAugust 16, 2022
- Buyer
- Peak Rock Capital (affiliate)
- Target
- The Tranzonic Companies
- Industry
- Logistics & Distribution
- Location
- Ohio, United States
- Type
- Buyout
An affiliate of Peak Rock Capital completed the acquisition of The Tranzonic Companies in partnership with Tranzonic’s management team. Tranzonic is a distributor and provider of manufacturing and distribution solutions for consumable cleaning and hygiene products serving healthcare, foodservice, and facility services end markets, and is headquartered in Cleveland, Ohio.
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Edgewater Growth Capital Partners IV Acquires Flexible Packaging SpecialtiesAugust 8, 2022
- Buyer
- Edgewater Growth Capital Partners IV
- Target
- Flexible Packaging Specialties, Inc. (FPS)
- Industry
- Packaging
- Location
- Ohio, United States
- Type
- Addon
Edgewater Growth Capital Partners IV acquired Flexible Packaging Specialties, Inc. (FPS), a flexible packaging manufacturer based in Loveland, Ohio. The acquisition supports Edgewater’s ongoing flexible packaging roll-up strategy under its Flex Pack build-up platform.
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Clearstead Advisors Acquires Scott Snow (Financial Advisors) LLCAugust 1, 2022
- Buyer
- Clearstead Advisors
- Target
- Scott Snow (financial advisors) LLC
- Industry
- Wealth Management
- Location
- Ohio, United States
- Type
- Buyout
Private equity–backed Clearstead Advisors signed a definitive agreement to acquire Scott Snow (financial advisors) LLC, a Westlake, Ohio-based registered investment advisor focused on high-net-worth clients. The deal adds approximately $530 million in assets under advisement and marks Clearstead’s sixth acquisition in seven years.
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Hubbell Incorporated Acquires Ripley Tools from CW Industrial PartnersJuly 27, 2022
- Buyer
- Hubbell Incorporated
- Target
- Ripley Tools
- Seller
- CW Industrial Partners, LLC, family office
- Industry
- Manufacturing
- Location
- Ohio, United States
- Type
- Buyout
CW Industrial Partners sold Ripley Tools, a manufacturer of professional hand tools and test and measurement equipment, to Hubbell Incorporated. The transaction terms were not disclosed; CW Industrial Partners had acquired Ripley Tools from a family office in 2014.
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Copley Equity Partners Invests in LJB Inc.July 26, 2022
- Buyer
- Copley Equity Partners, LLC, LJB Inc. management team
- Target
- LJB Inc.
- Industry
- Engineering Services
- Location
- Ohio, United States
- Type
- Growth capital
Copley Equity Partners, LLC partnered with LJB Inc.’s management team to acquire an equity interest in LJB, an engineering services firm. Financial terms were not disclosed. LJB is headquartered in Miamisburg, Ohio and provides civil/structural, transportation, geospatial, and related engineering and consulting services.
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MiddleGround Capital Acquires TMG Performance Products via Race Winning BrandsJune 30, 2022
- Buyer
- MiddleGround Capital, Race Winning Brands
- Target
- TMG Performance Products
- Industry
- Automotive
- Location
- Ohio, United States
- Type
- Addon
MiddleGround Capital announced the acquisition of TMG Performance Products (TMG) through its portfolio platform Race Winning Brands (RWB). TMG designs, manufactures, and distributes branded performance exhaust systems and air intakes for aftermarket automotive and marine enthusiasts. The deal represents RWB’s fourth add-on acquisition since MiddleGround acquired RWB in December 2021.
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Wilbur-Ellis Nutrition Agrees to Acquire F.L. EmmertJune 30, 2022
- Buyer
- Wilbur-Ellis Nutrition
- Target
- F.L. Emmert
- Industry
- Agriculture
- Location
- Ohio, United States
- Type
- Buyout
Wilbur-Ellis Nutrition entered into a definitive agreement to acquire F.L. Emmert, a family-owned manufacturer and marketer of advanced nutritional solutions for the pet and livestock industries. The deal is intended to expand Wilbur-Ellis Nutrition’s product and customer base in pet food and leverage Emmert’s research and development capabilities across pet, livestock, and aquaculture markets.
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WILsquare Capital Acquires OuterBox Solutions, LLCJune 28, 2022
- Buyer
- WILsquare Capital
- Target
- OuterBox Solutions, LLC
- Industry
- Marketing & Advertising
- Location
- Ohio, United States
- Type
- Buyout
WILsquare Capital, a private equity firm based in St. Louis, has completed the acquisition of OuterBox Solutions, LLC, a performance-driven digital marketing agency. OuterBox, headquartered in Copley, Ohio, provides SEO, paid search (PPC), and website development services with a specialization in eCommerce. Founder and CEO Justin Smith and partners Jason Dutt and Nick Nolan will continue to lead the business following the transaction.
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LFM Capital Acquires Novex, Inc.June 28, 2022
- Buyer
- LFM Capital
- Target
- Novex, Inc.
- Industry
- Manufacturing
- Location
- Ohio, United States
- Type
- Buyout
LFM Capital partnered with and acquired a controlling stake in Novex, Inc., a manufacturer and distributor of polyurethane belting and sheet products. Novex founder and CEO Chuck Lynn and his family will remain substantial investors alongside LFM. Financial terms were not disclosed.
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World Cinema Acquires Hospitality WiFiJune 27, 2022
- Buyer
- World Cinema, Inc.
- Target
- Hospitality WiFi LLC
- Industry
- IT Services
- Location
- Ohio, United States
- Type
- Buyout
World Cinema, Inc. (WCI) entered an agreement to acquire Ohio-based Hospitality WiFi LLC, a provider of IP-based wired and wireless networking services for the hospitality industry. The combination is positioned to create a converged property-technology services provider serving roughly 7,000 properties representing more than 900,000 rooms, expanding offerings across connectivity, in-room entertainment, and connected applications. The transaction is subject to customary closing conditions, and TI Partners served as exclusive financial advisor to Hospitality WiFi.
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Brixey & Meyer Capital Acquires Unistrut MidwestJune 24, 2022
- Buyer
- Brixey & Meyer Capital, BMC Growth Fund III
- Target
- Unistrut Midwest
- Seller
- Mark Ellis, Dave Ellis
- Industry
- Industrial Services
- Location
- Ohio, United States
- Type
- Buyout
Brixey & Meyer Capital (BMC) acquired Unistrut Midwest from Mark and Dave Ellis. Unistrut Midwest is a value-added distributor, fabricator, and installer of metal framing and related products, headquartered in Cincinnati, Ohio. Mark and Dave Ellis will retain roles and continue to maintain ownership in the business alongside BMC.
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ShiftKey Makes Strategic Investment in OnShiftJune 22, 2022
- Buyer
- ShiftKey
- Target
- OnShift
- Industry
- Software
- Location
- Ohio, United States
- Type
- Growth capital
ShiftKey completed a strategic investment in Cleveland-based OnShift, a workforce management technology provider for post-acute and long-term care facilities. The two companies will continue to operate independently while partnering to deliver a more integrated view of scheduling and staffing for healthcare organizations.
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AssuredPartners Acquires Baker & Associates Insurance AgencyJune 15, 2022
- Buyer
- AssuredPartners, Inc.
- Target
- Baker & Associates Insurance Agency
- Industry
- Insurance
- Location
- Ohio, United States
- Type
- Buyout
AssuredPartners, Inc. announced the acquisition of Baker & Associates Insurance Agency, an insurance agency based in Hilliard, Ohio. Baker & Associates’ seven-person team will remain under the operational leadership of Tom Baker and Bill Emery as AssuredPartners expands its operations and offerings in Ohio.
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Black Bear Sports Group Acquires Deep Freeze Ice ArenaJune 10, 2022
- Buyer
- Black Bear Sports Group, Inc.
- Target
- Deep Freeze Ice Arena
- Industry
- Media & Entertainment
- Location
- Ohio, United States
- Type
- Buyout
An affiliate of Black Bear Sports Group, Inc. acquired the Deep Freeze Ice Arena in Boardman, Ohio. The facility includes an Olympic-sized ice sheet and hosts Extreme Air Trampoline Park, and it will serve as the official practice and training facility for the USHL’s Youngstown Phantoms, which is co-owned by Black Bear.
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Zywave Acquires Strategic Insurance Software (SIS)June 9, 2022
- Buyer
- Zywave, Clearlake Capital Group L.P., Aurora Capital Partners
- Target
- Strategic Insurance Software (SIS)
- Industry
- Software
- Location
- Ohio, United States
- Type
- Buyout
Zywave, an insurtech platform backed by Clearlake Capital Group and Aurora Capital Partners, has acquired Strategic Insurance Software (SIS), a Columbus, Ohio-based provider of web-based agency management system and CRM solutions for P&C insurance agencies. The acquisition adds SIS’s Partner Platform, strengthening Zywave’s commercial lines capabilities and expanding its end-to-end digital insurance agency platform. Financial terms were not disclosed.
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Datapath Acquires MobileTek ServicesJune 7, 2022
- Buyer
- Datapath
- Target
- MobileTek Services
- Industry
- IT Services
- Location
- Ohio, United States
- Type
- Buyout
Datapath, a managed IT services provider (MSP), acquired MobileTek Services, an established MSP focused on the K-12 education market. Cogent Growth Partners advised on the transaction, sourcing the deal and supporting diligence and documentation. MobileTek is headquartered in Ohio and provides managed IT and managed security services to schools.
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AMECO Acquires F&M MAFCOMay 4, 2022
- Buyer
- AMECO
- Target
- F&M MAFCO
- Industry
- Industrial Services
- Location
- Ohio, United States
- Type
- Addon
AMECO, a provider of construction and maintenance site services, acquired F&M MAFCO, an international tool and equipment rental, sales, and service company. The combination is intended to expand geographic reach and improve onsite materials availability, labor efficiency, cost certainty, and safety/sustainability for construction and maintenance projects. AMECO is a portfolio company of private equity firm One Equity Partners.
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Arthur J. Gallagher & Co. Acquires Lighthouse Insurance GroupMay 2, 2022
- Buyer
- Arthur J. Gallagher & Co.
- Target
- Lighthouse Insurance Group, LLC
- Industry
- Insurance
- Location
- Ohio, United States
- Type
- Buyout
Arthur J. Gallagher & Co. announced it has acquired Lighthouse Insurance Group, LLC (LIG), a health insurance and Medicare-focused benefits consultant based in Independence, Ohio. Financial terms were not disclosed. LIG’s leadership team will remain with the business under Gallagher’s U.S. Health & Benefits practice.
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Applied Composites Acquires North Coast Composites and North Coast Tool & Mold from UnitechApril 6, 2022
- Buyer
- Applied Composites Holdings, LLC, AE Industrial Partners, LP
- Target
- The Companies of North Coast, LLC, North Coast Composites, North Coast Tool & Mold
- Seller
- Unitech Holdings, Inc.
- Industry
- Aerospace & Defense
- Location
- Ohio, United States
- Type
- Addon
Applied Composites Holdings, LLC, a portfolio company of AE Industrial Partners, acquired The Companies of North Coast, LLC (North Coast Composites and North Coast Tool & Mold) from Unitech Holdings, Inc.; financial terms were not disclosed. North Coast’s RTM/VARTM composite structures and aerospace tooling capabilities expand and strengthen the Applied Composites platform in aerospace, defense, and space markets.
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Novaria Group Acquires Hohman PlatingApril 5, 2022
- Buyer
- Novaria Group
- Target
- Hohman Plating
- Seller
- Bill Miller
- Industry
- Aerospace & Defense
- Location
- Ohio, United States
- Type
- Buyout
Novaria Group acquired substantially all assets of Hohman Plating, a metal finishing and coatings business serving the aerospace and defense market. Hohman Plating will continue to operate from Dayton, Ohio, and the deal strengthens Novaria’s aerospace and defense components and coating capabilities. Deal terms were not disclosed.
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Artera Services Acquires 1127 ConstructionApril 1, 2022
- Buyer
- Artera Services
- Target
- 1127 Construction, Inc.
- Industry
- Construction
- Location
- Ohio, United States
- Type
- Addon
Artera Services acquired the operating assets of 1127 Construction, Inc., an Ohio-based, family-owned contractor focused on natural gas distribution and related infrastructure services. The deal expands Artera’s gas distribution footprint in northeast Ohio and strengthens operations within Miller Pipeline, Artera’s gas distribution business unit in the region.
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Fort Point Capital Invests in Jones Fish Hatcheries & DistributorsMarch 22, 2022
- Buyer
- Fort Point Capital
- Target
- Jones Fish Hatcheries & Distributors
- Industry
- Environmental Services
- Location
- Ohio, United States
- Type
- Buyout
Fort Point Capital made an investment in Jones Fish Hatcheries & Distributors in partnership with the company’s management team, establishing Jones Fish as a new platform investment. Jones Fish, headquartered in Cincinnati, Ohio, provides professional pond and lake management services including treatment services, fish stocking, aeration systems, and aquatic weed management. Barings provided debt financing for the transaction.
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American Securities Acquires Hexion HoldingsMarch 15, 2022
- Buyer
- American Securities LLC (affiliates)
- Target
- Hexion Holdings Corporation
- Industry
- Manufacturing
- Location
- Ohio, United States
- Type
- Buyout
Hexion Holdings Corporation announced the closing of its acquisition by affiliates of American Securities LLC for $30.00 per share in cash. Hexion, based in Columbus, Ohio, is a global producer of adhesives and performance materials/thermoset resins serving adhesive, coatings, and industrial markets.
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True Value Company Acquires Yenkin-Majestic Consumer Paint BusinessMarch 14, 2022
- Buyer
- True Value Company
- Target
- Yenkin-Majestic consumer paint business (Majic brand)
- Seller
- The Yenkin-Majestic Paint Corporation
- Industry
- Manufacturing
- Location
- Ohio, United States
- Type
- Divestiture
True Value Company entered into a definitive agreement to acquire The Yenkin-Majestic Paint Corporation’s consumer paint business, which produces architectural coatings sold under the Majic brand. The deal expands True Value’s paint portfolio and specialty/agricultural segment capabilities, while allowing Yenkin-Majestic to reinvest and focus resources on its polymers business.
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Mod Op Acquires AMG Marketing ResourcesMarch 9, 2022
- Buyer
- Mod Op
- Target
- AMG Marketing Resources
- Industry
- Marketing & Advertising
- Location
- Ohio, United States
- Type
- Buyout
Mod Op, a marketing communications agency backed by a recent investment from Alterna Equity Partners, acquired Ohio-based AMG Marketing Resources. AMG Marketing Resources is the parent company of strategic marketing agencies Tenlo and NSRC, and will become Mod Op’s Ohio office, expanding Mod Op’s digital services and Midwest presence.
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Uniloy Acquires Century Die CompanyFebruary 16, 2022
- Buyer
- Uniloy Inc.
- Target
- Century Die Company, LLC
- Industry
- Manufacturing
- Location
- Ohio, United States
- Type
- Buyout
Uniloy Inc. acquired Century Die Company, LLC of Fremont, Ohio, to expand its blow molding mold manufacturing, repair, and refurbishment capabilities. The deal adds Century Die’s decades of expertise and increases Uniloy’s ability to provide comprehensive in-house mold solutions across its blow molding platforms. The transaction closed on February 15, 2022.
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Windjammer Capital Acquires FeconJanuary 6, 2022
- Buyer
- Windjammer Capital Investors
- Target
- Fecon
- Industry
- Manufacturing
- Location
- Ohio, United States
- Type
- Buyout
Windjammer Capital Investors acquired Fecon in partnership with Fecon’s management team; financial terms were not disclosed. Fecon, headquartered in Lebanon, Ohio, manufactures forestry mulching attachments, parts, and carriers used for vegetation and land management across North America.
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Komline-Sanderson Acquires Fluid Quip, Inc.January 6, 2022
- Buyer
- Komline-Sanderson, Komline-Sanderson Corporation
- Target
- Fluid Quip, Inc.
- Industry
- Manufacturing
- Location
- Ohio, United States
- Type
- Buyout
Komline-Sanderson acquired Fluid Quip, Inc., a manufacturer of capital equipment for the corn wet-milling and ethanol industries. The deal closed on December 30, 2021 and expands Komline-Sanderson’s product offerings in food and renewable energy end markets. Fluid Quip Technologies was explicitly stated to be a separate company and not part of the transaction.
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Creative Planning Acquires Berno Financial ManagementJanuary 4, 2022
- Buyer
- Creative Planning Inc., Creative Planning, LLC
- Target
- Berno Financial Management
- Industry
- Wealth Management
- Location
- Ohio, United States
- Type
- Buyout
Creative Planning Inc., a registered investment adviser, announced the acquisition of Berno Financial Management, a Cincinnati-area fee-only financial planning and wealth management firm with over $300 million in assets under management. Following the deal, Bruce J. Berno and the Berno team will join Creative Planning’s Cincinnati practice as Creative Planning continues to expand in the market.
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Synagro Technologies Acquires LimeCorp, LTDJanuary 4, 2022
- Buyer
- Synagro Technologies, Inc.
- Target
- LimeCorp, LTD
- Industry
- Environmental Services
- Location
- Ohio, United States
- Type
- Buyout
Synagro Technologies, Inc. acquired LimeCorp, LTD, an Ohio-based provider of lime-residual management and land-application services. The deal expands Synagro’s capabilities in lime-residual management and land application and adds more than 15 industrial and municipal customers in the region.
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Data Network Services Acquires Datacom SpecialistsDecember 27, 2021
- Buyer
- Data Network Services, Cloud Equity Group
- Target
- Datacom Specialists
- Industry
- IT Services
- Location
- Ohio, United States
- Type
- Addon
Data Network Services (DNS), backed by Cloud Equity Group, acquired Datacom Specialists, an Ohio-based managed service provider serving small- and medium-sized businesses across the United States. The deal is DNS’s first add-on acquisition since Cloud Equity Group’s initial investment in DNS in December 2020. Financial terms were not disclosed.
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HGR Industrial Surplus Acquires Tramar IndustriesDecember 23, 2021
- Buyer
- HGR Industrial Surplus
- Target
- Tramar Industries
- Industry
- Industrial Services
- Location
- Ohio, United States
- Type
- Buyout
HGR Industrial Surplus acquired Tramar Industries, a global CNC machinery marketplace focused on buying and selling used CNC equipment. The combination merges the companies’ complementary marketplaces to broaden equipment selection, expand warehouse footprint across North America, and provide a one-stop solution for customers buying or consigning industrial equipment.
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Mid-State Industrial Maintenance Acquires Elmco Industrial ServicesDecember 13, 2021
- Buyer
- Mid-State Industrial Maintenance, CenterGate Capital
- Target
- Elmco Industrial Services
- Industry
- Industrial Services
- Location
- Ohio, United States
- Type
- Addon
Mid-State Industrial Maintenance, a portfolio company of CenterGate Capital, announced its acquisition of Elmco Industrial Services. The deal expands Mid-State’s mechanical shop and field-service capabilities and extends its ability to serve industrial and manufacturing end markets across the United States.
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High Street Capital Acquires Knight Material TechnologiesDecember 9, 2021
- Buyer
- High Street Capital
- Target
- Knight Material Technologies (KMT), Koch Knight, LLC
- Seller
- Koch Engineered Solutions, Koch Industries, Inc.
- Industry
- Manufacturing
- Location
- Ohio, United States
- Type
- Buyout
High Street Capital announced it has acquired Knight Material Technologies (KMT), formerly Koch Knight, a Koch Engineered Solutions company and subsidiary of Koch Industries. Koch will remain a key customer, while High Street Capital plans to invest in KMT’s technology, innovation, and infrastructure to support growth with the existing management team remaining in place.
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BindTech Acquires Steffen BookbindersDecember 2, 2021
- Buyer
- BindTech LLC
- Target
- Steffen Bookbinders Inc.
- Seller
- Bill Turoczy
- Industry
- Manufacturing
- Location
- Ohio, United States
- Type
- Buyout
BindTech LLC acquired Cleveland-based Steffen Bookbinders Inc., bringing together two former local competitors in the trade book manufacturing and post-press services market. The deal expands BindTech’s national footprint and is expected to generate operational synergies through load sharing and resource collaboration.
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World Insurance Associates Acquires Governor Insurance AgencyNovember 23, 2021
- Buyer
- World Insurance Associates LLC
- Target
- Governor Insurance Agency
- Seller
- Bob Thompson Jr.
- Industry
- Insurance
- Location
- Ohio, United States
- Type
- Buyout
World Insurance Associates LLC acquired Governor Insurance Agency of Vienna, Ohio on August 1, 2021; financial terms were not disclosed. Governor Insurance is a specialty personal lines P&C agency with niche offerings including pet-related and animal-services insurance products.
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MiddleGround Capital Acquires Race Winning BrandsNovember 23, 2021
- Buyer
- MiddleGround Capital
- Target
- Race Winning Brands, Race Winning Brands (RWB)
- Industry
- Automotive
- Location
- Ohio, United States
- Type
- Buyout
MiddleGround Capital acquired Race Winning Brands (RWB), a designer, manufacturer, and distributor of branded automotive and powersports aftermarket products. RWB is headquartered in Mentor, Ohio and operates a portfolio of performance aftermarket brands, with MiddleGround planning to support growth both organically and through complementary acquisitions.
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Workday to Acquire VNDLY for $510 MillionNovember 19, 2021
- Buyer
- Workday
- Target
- VNDLY
- Industry
- Software
- Location
- Ohio, United States
- Type
- Buyout
Workday announced it intends to acquire VNDLY, an external workforce management startup, for $510 million. The deal will add VNDLY’s contractor and vendor management capabilities into the Workday platform to help customers manage internal and external workers, compliance, and workforce planning from a single interface. VNDLY is headquartered in Mason, Ohio, and the transaction is expected to close in the first quarter of next year.
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Foam Holdings Acquires Fabricated Packaging MaterialsNovember 16, 2021
- Buyer
- Foam Holdings Inc., Wynnchurch Capital, L.P.
- Target
- Fabricated Packaging Materials, Inc. (FPM)
- Industry
- Manufacturing
- Location
- Ohio, United States
- Type
- Addon
Foam Holdings Inc., a portfolio company of Wynnchurch Capital, announced the acquisition of Fabricated Packaging Materials, Inc. (FPM). Headquartered in Lancaster, Ohio, FPM manufactures and fabricates block molded expanded polystyrene (EPS) products, expanding Foam Holdings’ footprint in its core market and strengthening its material solutions platform.
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Help at Home Acquires Prime Home CareNovember 10, 2021
- Buyer
- Help at Home, Centerbridge Partners, Vistria Group
- Target
- Prime Home Care
- Industry
- Healthcare Services
- Location
- Ohio, United States
- Type
- Buyout
Help at Home, a Chicago-based provider of in-home care for seniors, acquired Ohio home health agency Prime Home Care, marking Help at Home’s first entry into Ohio. Prime Home Care provides skilled and non-skilled care across nine locations in Ohio, and deal terms were not disclosed. Help at Home is backed by Centerbridge Partners and Vistria Group.
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Seaport Capital and Gray Television Invest in Family Entertainment HoldingsNovember 9, 2021
- Buyer
- Seaport Capital, Gray Television
- Target
- Family Entertainment Holdings, LLC
- Industry
- Media & Entertainment
- Location
- Ohio, United States
- Type
- Growth capital
An investor group led by Seaport Capital and including Gray Television formed and provided growth capital to Family Entertainment Holdings, LLC (FEH). The investment supports FEH’s strategy to scale and consolidate its live event formats—Magic of Lights and Hot Wheels Monster Trucks Live—under a single holding company structure. FEH is headquartered in Medina, Ohio.
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KKR to Acquire Bettcher Industries from MPE PartnersNovember 3, 2021
- Buyer
- KKR
- Target
- Bettcher Industries
- Seller
- MPE Partners, Bettcher ESOP (Employee Stock Ownership Plan)
- Industry
- Manufacturing
- Location
- Ohio, United States
- Type
- Buyout
MPE Partners signed a definitive agreement to sell Bettcher Industries to KKR. Bettcher, headquartered in Birmingham, Ohio, manufactures semi-automated handheld tools, automated equipment, and consumables used in global protein processing plants, and also has a medical device business. Terms of the transaction were not disclosed.
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Sylogist Acquires pavliks.comOctober 18, 2021
- Buyer
- Sylogist
- Target
- pavliks.com
- Industry
- Cloud & SaaS
- Location
- Ohio, United States
- Type
- Buyout
Sylogist acquired all shares of pavliks.com for CAD $11.5 million, with the transaction closing on October 18, 2021. pavliks.com provides proprietary SaaS applications and professional services primarily to public sector organizations and member associations, including its Portal Connector business unit for low/no-code integrations with Microsoft Dynamics. The deal was facilitated by IT ExchangeNet, and the pavliks.com management team will continue to run daily operations within Sylogist.
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Simplicity Group Acquires Oxbow Marketing CompanyOctober 6, 2021
- Buyer
- Simplicity Group
- Target
- Oxbow Marketing Company
- Industry
- Financial Services
- Location
- Ohio, United States
- Type
- Buyout
Simplicity Group announced the acquisition of Ohio-based Oxbow Marketing Company, an exclusive wholesale distributor of life and annuity products. Following the transaction, Oxbow president Robb Daugherty will become a partner in Simplicity Group, and Oxbow will begin rebranding to Simplicity.
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JPW Industries Acquires Axiom Tool GroupOctober 4, 2021
- Buyer
- JPW Industries, Inc., Gamut Capital Management
- Target
- Axiom Tool Group, Axiom Tool Group, Inc.
- Industry
- Manufacturing
- Location
- Ohio, United States
- Type
- Addon
JPW Industries, Inc., a portfolio company of Gamut Capital Management, acquired Axiom Tool Group, a marketer, designer, and distributor of CNC machines and accessories sold under the Axiom brand. The acquisition expands JPW’s portfolio of metalworking and woodworking equipment brands and strengthens its position in the growing CNC market. Transaction terms were not disclosed.
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MiddleGround Capital Acquires Arrow Tru-LineSeptember 21, 2021
- Buyer
- MiddleGround Capital
- Target
- Arrow Tru-Line, Inc.
- Industry
- Building Products
- Location
- Ohio, United States
- Type
- Buyout
MiddleGround Capital acquired Arrow Tru-Line, Inc., an independent manufacturer and supplier of overhead garage door hardware components serving residential and commercial markets. Arrow Tru-Line will be a platform investment for MiddleGround Capital I, LP, as MiddleGround looks to support the company’s continued growth and expansion in the building products sector.
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Fairbanks Morse Defense Acquires Hunt Valve CompanySeptember 13, 2021
- Buyer
- Fairbanks Morse Defense, Arcline Investment Management
- Target
- Hunt Valve Company Inc., Hunt Valve Actuator Division, MB Valve (Montreal Bronze), Pima Valve, LLC
- Industry
- Manufacturing
- Location
- Ohio, United States
- Type
- Addon
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, acquired Hunt Valve Company Inc., a specialty manufacturer of naval valves and electromechanical actuators. The deal expands FMD’s marine defense product and service offerings for shipyard, defense, and industrial customers, including support for the U.S. Nuclear Navy. The transaction includes Hunt Valve, the Hunt Valve Actuator Division, MB Valve (Montreal Bronze), and Pima Valve, LLC.
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Horizon Acquires Consolidated Cooperative's Commercial Fiber BusinessAugust 31, 2021
- Buyer
- Horizon
- Target
- Consolidated Cooperative commercial fiber business
- Seller
- Consolidated Cooperative
- Industry
- Telecommunications
- Location
- Ohio, United States
- Type
- Divestiture
Horizon, a fiber-optic broadband provider based in Columbus, Ohio, acquired Consolidated Cooperative's commercial fiber business to expand its Midwest network footprint. The deal adds approximately 450 miles of fiber to Horizon’s existing Columbus network and extends reach into Delaware, Marion, and Richland counties. Consolidated Cooperative will retain its residential fiber internet services.
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Webster Equity Partners Majority Recapitalizes Reproductive Gynecology & Infertility (RGI)August 26, 2021
- Buyer
- Webster Equity Partners
- Target
- Reproductive Gynecology & Infertility (RGI)
- Industry
- Healthcare Services
- Location
- Ohio, United States
- Type
- Recapitalization
Reproductive Gynecology & Infertility (RGI), an Ohio-based provider of infertility and gynecological services, completed a majority recapitalization with Webster Equity Partners. Terms were not disclosed; RGI will continue operating its fertility and reproductive medicine practice across multiple locations in Ohio.