Acquisitions in Ohio, United States

Showing 100 transactions.

  • Handgards Acquires Inno-Pak
    February 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.

  • Wynnchurch Capital Acquires Astro Shapes from Monomoy Capital Partners
    January 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.

  • Precision Products Group (Auxo Investment Partners Portfolio Company) Acquires Cindus Corporation
    January 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.

  • FST Logistics Acquires Dancer Logistics
    July 31, 2024
    Buyer
    FST Logistics
    Target
    Dancer Logistics, Dancer Logistics, Inc.
    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.

  • Kodiak Acquires Southern Adhesives and Coatings
    July 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.

  • Levine Leichtman Capital Partners Acquires NSL Analytical Services
    June 28, 2024
    Buyer
    Levine Leichtman Capital Partners (LLCP)
    Target
    NSL Analytical Services
    Seller
    May River Capital
    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.

  • CUBRC Acquires Ahmic Aerospace
    April 18, 2024
    Buyer
    CUBRC
    Target
    Ahmic Aerospace
    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.

  • 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.

  • Eyring Movers Acquires Dussault Moving Company
    April 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.”

  • Delight Restaurant Group Acquires 65 Wendy's Restaurants from Primary Aim
    April 2, 2024
    Buyer
    Delight Restaurant Group LLC
    Target
    65 Wendy's restaurants (franchise units)
    Seller
    Primary Aim LLC
    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.

  • MPE Partners Acquires Webster Industries
    March 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.

  • Havis Acquires Vanner
    March 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.

  • Summit Partners Acquires CollisionRight
    January 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.

  • Health Assurance Transformation Corp. (General Catalyst) to Acquire Summa Health
    January 17, 2024
    Buyer
    Health Assurance Transformation Corp. (HATCo), General Catalyst
    Target
    Summa Health
    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.

  • Heritage-Crystal Clean Acquires Envirosafe Services of Ohio
    January 9, 2024
    Buyer
    Heritage-Crystal Clean Inc., J.F. Lehman & Company LLC
    Target
    Envirosafe Services of Ohio Inc.
    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.

  • JF Petroleum Group Acquires Buckeye Oil Equipment and Reliable Construction Services
    December 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.

  • Winsupply Acquires Milford Companies
    December 4, 2023
    Buyer
    Winsupply Inc.
    Target
    Milford Companies
    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.

  • Fecon Acquires TREEfrogg
    November 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.

  • Gentiva Acquires ProMedica Home Health, Palliative and Hospice Business
    November 1, 2023
    Buyer
    Gentiva
    Target
    ProMedica home health, palliative, and hospice business
    Seller
    ProMedica
    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.

  • Boyne Capital Invests in ProFusion Industries
    October 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.

  • CNL Strategic Capital Acquires Majority Stake in Sill Public Adjusters
    October 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.

  • KPA Acquires ComplyNet
    October 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.

  • 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.

  • #1 Cochran Acquires Flynn Automotive Group
    October 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.

  • Hughes & Company Makes Strategic Investment in Health Data Innovations
    October 2, 2023
    Buyer
    Hughes & Company
    Target
    Health Data Innovations, LLC (HDI)
    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.

  • Surestaff Acquires Cardinal Staffing
    September 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.

  • Trimlite Acquires Francis-Schulze Company
    September 21, 2023
    Buyer
    Trimlite Equity, L.P., Wynnchurch Capital, L.P.
    Target
    Francis-Schulze Company
    Seller
    Francis family, Schulze family
    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.

  • Claritas Acquires ArtsAI
    September 12, 2023
    Buyer
    Claritas
    Target
    ArtsAI
    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.

  • Stratix Corporation Acquires Vox Mobile
    August 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.

  • Peak Technologies Acquires North Coast Technical
    August 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.

  • MPE Partners Recapitalizes Precision Pipeline
    August 17, 2023
    Buyer
    MPE Partners (Morgenthaler Private Equity)
    Target
    Precision Pipeline, LLC
    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.

  • Bobbie Acquires Nature's One
    July 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.

  • MSouth Equity Partners Acquires Fern Exposition Services
    June 27, 2023
    Buyer
    MSouth Equity Partners
    Target
    Fern Exposition Services
    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.

  • Slate Capital Group Acquires Cumberland Diversified Metals
    June 23, 2023
    Buyer
    Slate Capital Group
    Target
    Cumberland Diversified Metals
    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.

  • Hub International Acquires HORAN Health Employee Benefits Assets
    June 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.

  • BICO Steel Acquires RE Metal Finishing
    April 4, 2023
    Buyer
    BICO Steel, Validor Capital
    Target
    RE Metal Finishing
    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.

  • Burlington Capital Partners Acquires Martin Pallet
    March 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.

  • Farragut Capital Partners Invests in Malley's Candies
    February 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.

  • Astara Capital Partners Invests in Wyandot Snacks
    January 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.

  • River Associates Acquires Caster Connection
    December 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.

  • McGraw Hill Acquires Boards & Beyond
    December 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.

  • 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.

  • UPSTACK Acquires NPG Solutions
    October 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.

  • Wakefield & Associates Acquires Choice Recovery
    October 20, 2022
    Buyer
    Wakefield & Associates
    Target
    Choice Recovery, Inc. (debt collection business)
    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.

  • 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
    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.

  • Prescott's, Inc. Acquires Preventive Maintenance Medical, Inc.
    September 28, 2022
    Buyer
    Prescott's, Inc., Atlantic Street Capital
    Target
    Preventive Maintenance Medical, Inc.
    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.

  • Milton Street Capital Forms ProVeyance Group with Acquisitions of Woodsage and Ashland Conveyor Products
    September 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.

  • Jacmel Growth Partners Acquires Virtual Technologies Group
    September 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.

  • LFM Capital Invests in Accelevation, LLC
    August 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.

  • Exiger Acquires Supply Dynamics
    August 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.

  • UPSTACK Acquires ChaseTek Partners
    August 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.

  • Peak Rock Capital Affiliate Acquires The Tranzonic Companies
    August 16, 2022
    Buyer
    Peak Rock Capital (affiliate)
    Target
    The Tranzonic Companies
    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.

  • Edgewater Growth Capital Partners IV Acquires Flexible Packaging Specialties
    August 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.

  • Clearstead Advisors Acquires Scott Snow (Financial Advisors) LLC
    August 1, 2022
    Buyer
    Clearstead Advisors
    Target
    Scott Snow (financial advisors) LLC
    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.

  • Hubbell Incorporated Acquires Ripley Tools from CW Industrial Partners
    July 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.

  • Copley Equity Partners Invests in LJB Inc.
    July 26, 2022
    Buyer
    Copley Equity Partners, LLC, LJB Inc. management team
    Target
    LJB Inc.
    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.

  • MiddleGround Capital Acquires TMG Performance Products via Race Winning Brands
    June 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.

  • Wilbur-Ellis Nutrition Agrees to Acquire F.L. Emmert
    June 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.

  • WILsquare Capital Acquires OuterBox Solutions, LLC
    June 28, 2022
    Buyer
    WILsquare Capital
    Target
    OuterBox Solutions, LLC
    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.

  • 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.

  • World Cinema Acquires Hospitality WiFi
    June 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.

  • Brixey & Meyer Capital Acquires Unistrut Midwest
    June 24, 2022
    Buyer
    Brixey & Meyer Capital, BMC Growth Fund III
    Target
    Unistrut Midwest
    Seller
    Mark Ellis, Dave Ellis
    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.

  • ShiftKey Makes Strategic Investment in OnShift
    June 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.

  • AssuredPartners Acquires Baker & Associates Insurance Agency
    June 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.

  • Black Bear Sports Group Acquires Deep Freeze Ice Arena
    June 10, 2022
    Buyer
    Black Bear Sports Group, Inc.
    Target
    Deep Freeze Ice Arena
    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.

  • 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.

  • Datapath Acquires MobileTek Services
    June 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.

  • AMECO Acquires F&M MAFCO
    May 4, 2022
    Buyer
    AMECO
    Target
    F&M MAFCO
    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.

  • Arthur J. Gallagher & Co. Acquires Lighthouse Insurance Group
    May 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.

  • Applied Composites Acquires North Coast Composites and North Coast Tool & Mold from Unitech
    April 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.
    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.

  • Novaria Group Acquires Hohman Plating
    April 5, 2022
    Buyer
    Novaria Group
    Target
    Hohman Plating
    Seller
    Bill Miller
    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.

  • Artera Services Acquires 1127 Construction
    April 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.

  • Fort Point Capital Invests in Jones Fish Hatcheries & Distributors
    March 22, 2022
    Buyer
    Fort Point Capital
    Target
    Jones Fish Hatcheries & Distributors
    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.

  • American Securities Acquires Hexion Holdings
    March 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.

  • True Value Company Acquires Yenkin-Majestic Consumer Paint Business
    March 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.

  • Mod Op Acquires AMG Marketing Resources
    March 9, 2022
    Buyer
    Mod Op
    Target
    AMG Marketing Resources
    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.

  • Uniloy Acquires Century Die Company
    February 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.

  • Windjammer Capital Acquires Fecon
    January 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.

  • 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.

  • Creative Planning Acquires Berno Financial Management
    January 4, 2022
    Buyer
    Creative Planning Inc., Creative Planning, LLC
    Target
    Berno Financial 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.

  • Synagro Technologies Acquires LimeCorp, LTD
    January 4, 2022
    Buyer
    Synagro Technologies, Inc.
    Target
    LimeCorp, LTD
    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.

  • Data Network Services Acquires Datacom Specialists
    December 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.

  • HGR Industrial Surplus Acquires Tramar Industries
    December 23, 2021
    Buyer
    HGR Industrial Surplus
    Target
    Tramar Industries
    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.

  • Mid-State Industrial Maintenance Acquires Elmco Industrial Services
    December 13, 2021
    Buyer
    Mid-State Industrial Maintenance, CenterGate Capital
    Target
    Elmco 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.

  • High Street Capital Acquires Knight Material Technologies
    December 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.

  • BindTech Acquires Steffen Bookbinders
    December 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.

  • World Insurance Associates Acquires Governor Insurance Agency
    November 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.

  • MiddleGround Capital Acquires Race Winning Brands
    November 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.

  • Workday to Acquire VNDLY for $510 Million
    November 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.

  • Foam Holdings Acquires Fabricated Packaging Materials
    November 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.

  • Help at Home Acquires Prime Home Care
    November 10, 2021
    Buyer
    Help at Home, Centerbridge Partners, Vistria Group
    Target
    Prime Home Care
    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.

  • Seaport Capital and Gray Television Invest in Family Entertainment Holdings
    November 9, 2021
    Buyer
    Seaport Capital, Gray Television
    Target
    Family Entertainment Holdings, LLC
    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.

  • KKR to Acquire Bettcher Industries from MPE Partners
    November 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.

  • Sylogist Acquires pavliks.com
    October 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.

  • Simplicity Group Acquires Oxbow Marketing Company
    October 6, 2021
    Buyer
    Simplicity Group
    Target
    Oxbow Marketing Company
    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.

  • JPW Industries Acquires Axiom Tool Group
    October 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.

  • MiddleGround Capital Acquires Arrow Tru-Line
    September 21, 2021
    Buyer
    MiddleGround Capital
    Target
    Arrow Tru-Line, Inc.
    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.

  • Fairbanks Morse Defense Acquires Hunt Valve Company
    September 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.

  • Horizon Acquires Consolidated Cooperative's Commercial Fiber Business
    August 31, 2021
    Buyer
    Horizon
    Target
    Consolidated Cooperative commercial fiber business
    Seller
    Consolidated Cooperative
    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.

  • Webster Equity Partners Majority Recapitalizes Reproductive Gynecology & Infertility (RGI)
    August 26, 2021
    Buyer
    Webster Equity Partners
    Target
    Reproductive Gynecology & Infertility (RGI)
    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.