Transactions
Arisdyne Systems
Arisdyne, a Middleburg, OH manufacturer of controlled-flow-cavitation processing equipment successfully closed on the sale of equity financing.
Rhopac
Rhopac, a Libertyville, IL converter of non-metallic materials for gaskets, sealing and sound dampening applications has been acquired and sold by Cornerstone Industrial Group.
Gasko
Gasko, a Medina, OH manufacturer of non-metallic, close-tolerance diaphragms, gaskets, and seals has been acquired and sold by Cornerstone Industrial Group.
Skin Klinic
Skin Klinic, a New York, NY specialty retail provider of an array of skin care products and services such as microdermabrasion successfully raised capital.
PetSense
PetSense, a Bentwood, TN specialty retailer and provider of pet services, has successfully closed on the sale of equity financing.
ATK Vege
ATK Vege, a Grand Prairie, TX engine and transmission re-manufacturing company was acquired by LKQ.
Thermedx
Thermedx, a Cleveland, OH based developer and manufacturer of surgical fluid management devices has successfully raised capital.
Corsa Performance
Corsa Performance Products, a Berea, OH manufacturer of acoustically tuned specialty mufflers for aftermarket automotive enthusiasts was acquired by the Mifsud Group.
Whole Health
Whole Health Management, a Cleveland, OH provider of on-site health care clinics for large companies has been acquired by Walgreens (Nasdaq: WBA)
Emerald Built Environments
Emerald Built Environments, a leading consulting firm based in Cleveland, OH, providing services at the intersection of sustainability, business and the built environment, was acquired by Crete United.
Center of Health Affairs
CHAMPS, a Cleveland, OH national group purchasing organization providing members with account management, sales and contracting services received strategic advisory services. A Partner at Carleton McKenna serves as an active board member.
CIG & Sharpe
Sharpe Engineering Services, a Madison, WI-based project management and engineering solutions provider for food processing clients, was acquired by Cornerstone Industrial Group.
Millman & CBRE
Millman, a Canton, OH provider of national, full-scale land surveys and services and has been acquired by CBR (NYSE: CBRE).
AFIMAC
AFIMAC, a Strongsville, OH-based security firm offering crisis response, investigations, and business continuity was acquired by New State Capital Partners.
FormFire
FormFire, a Cleveland, OH SaaS and digital integrator for small business health insurance providers, was acquired by AgencyBloc, a portfolio company of Resurgens Technology Partners.
TerraWise
Construction Laser (dba TerraWise Solutions), a McDonough, GA-based provider of specification, training, service, repair and calibration for a comprehensive range of advanced construction technologies, was acquired by Cornerstone Industrial Group.
Performance Health
Performance Health of Avon Lake, OH provides small and mid-market clients with third-party-administrator and reinsurance services, and has recapitalized in partnership with Liberty Company Insurance Brokers.
Riverview Industrial Wood
Riverview Industrial Wood Products, one of the largest pallet producers in OH, has received valuation and financial advisory services.
Water Safari Resort
Water Safari Resort, an Old Forge, NY operator of a campground, RV park and water amusement park resort has been acquired by Innovative Attraction Management.
Cartridge Brewing
Saucy Brew Works, a Cleveland, OH craft brewery with restaurants has acquired Cartridge Brewing, a Maineville, OH craft brewery.
Saucy Brew Works
Saucy Brew Works, a Cleveland, OH craft brewery with restaurants has received valuation and financial advisory services.
The Brew Kettle
Brew Kettle, a Middleburg Heights, OH-based multi-unit microbrewery producing 20+ products for distribution across Northeast Ohio, received valuation advisory services.
Malley’s Candies
Malley’s Candies, a Cleveland, OH premium chocolatier and confectioner operating through owned Northeast Ohio retail stores, completed a recapitalization with Promise Holdings.
Music Box Supper Club
Music Box Supper Club, a nationally recognized wedding venue and bi-level concert hall based in Cleveland, OH, received financial advisory services.
Siblings Revelry Brewing
Sibling Revelry Brewing, a Westlake, OH craft brewery and tap room received valuation and financial advisory services.
Platform Beer Co.
Platform Beer Co, a Cleveland, Ohio craft brewery, pub and restaurant operator has been acquired by Anheuser-Busch InBev (NYSE: BUD).
Toasts Spirits
Toast Spirits, a specialty retailer and producer of luxury champagne, has recevied financial advisory services.
Webster & Allor-Plesh
Allor-Plesh, a leading manufacturer of conveyors, levelers, chains, wheels, rollers and more, has been acquired by Webster Industries.
Webster Industries
Webster Industries, a Tiffin, OH leading manufacturer of engineered class chain and vibratory conveyors completed a recapitalization and exit from ESOP in partnership with MPE Partners.
Commercial Fluid Power
Commercial Fluid Power, a Dover, OH based integrated and value-added distributor of tubing and bar products for fluid power applications was acquired by National Tube Supply.
Precision Components
Precision Component, a Canton, OH precision machined specialty component manufacturer for space and aerospace applications has been acquired by Ohio Gratings.
Premier Hydraulics
Premier Hydraulics, a Farrell, PA based value-added distributor and manufacturer of specialty fittings, valves and manifolds for industrial applications was acquired by PTR Group.
Arrowhead Industries
Arrowhead Industries, a Cleveland, OH provider of slit-metal cores for automotive weather-seal received strategic advisory services.
Riverview Industrial Wood
Riverview Industrial Wood Products, one of the largest pallet producers in OH, has received valuation and financial advisory services.
Action Vibratory Equipment
Webster Industries, a Tiffin, OH leading manufacturer of engineered class chain and vibratory conveyors acquired Action Vibratory Equipment, a manufacturer of engineered vibratory equipment.
Wahl Refractory Solutions
Wahl Refractory Solutions, a Fremont, OH manufacturer of custom precast and cast-in-place refractory products for aluminum, steel, cement and other customers was acquired and sold by Cornerstone Industrial Group.
Center of Health Affairs
CHAMPS, a Cleveland, OH national group purchasing organization providing members with account management, sales and contracting services received strategic advisory services. A Partner at Carleton McKenna serves as an active board member.
FormFire
FormFire, a Cleveland, OH SaaS and digital integrator for small business health insurance providers, was acquired by AgencyBloc, a portfolio company of Resurgens Technology Partners.
Centura Imaging
Centura Imaging, a Cleveland, OH provider of radiological imaging equipment, accessories, supplies and services has been acquired by Test Equipment Distributors.
Neuros Medical
Neuros Medical, a Cleveland, OH bioelectric medical device and technology company working to eliminate post-amputation pain, successfully closed on the sale of equity financing.
TherEx
TherEX, a Nashville, TN operator of in-hospital rehabilitation programs has been acquired by Kindred Healthcare.
COMS Interactive
COMS Interactive, a Hudson, OH provider of software solutions that improve patient population health outcomes in skilled nursing facility environments, was acquired by Summit Partners.
Within3
Within3, a management platform for life sciences companies, has successfully closed on the sale of equity financing.
Research Organics
Research Organics, a Cleveland, OH producer and supplier of high purity biochemicals for use in molecular biopharmaceutical and life science applications has been acquired by Sigma Aldrich
Thermedx
Thermedx, a Cleveland, OH based developer and manufacturer of surgical fluid management devices has successfully raised capital.
Emerald Built Environments
Emerald Built Environments, a leading consulting firm based in Cleveland, OH, providing services at the intersection of sustainability, business and the built environment, was acquired by Crete United.
Webster & Allor-Plesh
Allor-Plesh, a leading manufacturer of conveyors, levelers, chains, wheels, rollers and more, has been acquired by Webster Industries.
Water Safari Resort
Water Safari Resort, an Old Forge, NY operator of a campground, RV park and water amusement park resort has been acquired by Innovative Attraction Management.
Webster Industries
Webster Industries, a Tiffin, OH leading manufacturer of engineered class chain and vibratory conveyors completed a recapitalization and exit from ESOP in partnership with MPE Partners.
Cartridge Brewing
Saucy Brew Works, a Cleveland, OH craft brewery with restaurants has acquired Cartridge Brewing, a Maineville, OH craft brewery.
Commercial Fluid Power
Commercial Fluid Power, a Dover, OH based integrated and value-added distributor of tubing and bar products for fluid power applications was acquired by National Tube Supply.
CIG & Sharpe
Sharpe Engineering Services, a Madison, WI-based project management and engineering solutions provider for food processing clients, was acquired by Cornerstone Industrial Group.
Millman & CBRE
Millman, a Canton, OH provider of national, full-scale land surveys and services and has been acquired by CBR (NYSE: CBRE).
Precision Components
Precision Component, a Canton, OH precision machined specialty component manufacturer for space and aerospace applications has been acquired by Ohio Gratings.
Patriot Software
Patriot Software, a Canton, OH-based online accounting and payroll software provider, successfully closed on the sale of equity financing.
WiseWear
WiseWear, a fashion-tech manufacturer of luxury smart wearables, has successfully closed on the sale of equity financing.
Buehler’s
Buehler’s Fresh Foods, a Northern Ohio grocery supermarket chain received sale-leaseback and valuation advisory services.
Within3
Within3, a management platform for life sciences companies, has successfully closed on the sale of equity financing.
Arisdyne Systems
Arisdyne, a Middleburg, OH manufacturer of controlled-flow-cavitation processing equipment successfully closed on the sale of equity financing.
Skin Klinic
Skin Klinic, a New York, NY specialty retail provider of an array of skin care products and services such as microdermabrasion successfully raised capital.
PetSense
PetSense, a Bentwood, TN specialty retailer and provider of pet services, has successfully closed on the sale of equity financing.
Thermedx
Thermedx, a Cleveland, OH based developer and manufacturer of surgical fluid management devices has successfully raised capital.
Whole Health
Whole Health Management, a Cleveland, OH provider of on-site health care clinics for large companies has been acquired by Walgreens (Nasdaq: WBA)
Center of Health Affairs
CHAMPS, a Cleveland, OH national group purchasing organization providing members with account management, sales and contracting services received strategic advisory services. A Partner at Carleton McKenna serves as an active board member.
Saucy Brew Works
Saucy Brew Works, a Cleveland, OH craft brewery with restaurants has received valuation and financial advisory services.
The Brew Kettle
Brew Kettle, a Middleburg Heights, OH-based multi-unit microbrewery producing 20+ products for distribution across Northeast Ohio, received valuation advisory services.
Music Box Supper Club
Music Box Supper Club, a nationally recognized wedding venue and bi-level concert hall based in Cleveland, OH, received financial advisory services.
Arrowhead Industries
Arrowhead Industries, a Cleveland, OH provider of slit-metal cores for automotive weather-seal received strategic advisory services.
Riverview Industrial Wood
Riverview Industrial Wood Products, one of the largest pallet producers in OH, has received valuation and financial advisory services.
D+S Distribution
D+S Distribution, a Wooster, OH provider of strategic supply chain solutions, received valuation advisory services.
Siblings Revelry Brewing
Sibling Revelry Brewing, a Westlake, OH craft brewery and tap room received valuation and financial advisory services.
Toasts Spirits
Toast Spirits, a specialty retailer and producer of luxury champagne, has recevied financial advisory services.
Case Studies
Water Safari Resort
Carleton McKenna is currently representing a second-generation, family owned and operated water park resort. Carleton McKenna (“CM&Co”) was engaged to run a full-scale sell-side transaction process, with the goal of maximizing valuation and preserving the family’s hard-earned legacy. After a comprehensive, custom-built and accelerated marketing process, CM&Co created a competitive bidding environment between multiple strategic and financial buyers, one being…
Webster Industries & MPE Partners
In February 2024, CM&Co represented Webster Industries (“Webster”), a market-leading manufacturer of engineered class chain, sprockets and vibratory equipment for material handling and power transmission application across diverse industrial end markets, in its sale to MPE Partners. In order to facilitate a successful sale process, CM&Co strategically positioned Webster to showcase various premium valuation-driving attributes. While CM&Co assisted the company…
Commercial Fluid Power
In July 2023, Commercial Fluid Power (“CFP”) was acquired by leading international supplier of carbon and alloy mechanical tubing and fluid power products, National Tube Supply. CFP is a national, fully-integrated supplier providing finished machining, warehousing, repair and distribution services for specialty tubing and bar products related to hydraulic applications. Carleton McKenna was engaged by CFP owners to run a…
Millman National Land Services
Based in Canton, OH, Millman Surveying, Inc. (“Millman”) is a leading provider of comprehensive national land services, including ALTA and NSPS surveys, telecommunications/cell tower surveys, zoning reports and real estate compliance solutions. Carleton McKenna was engaged by Millman to run a full-scale sell-side transaction process, with the goal of maximizing valuation and preserving the Company’s hard-earned legacy. After a comprehensive,…
Precision Component
Precision Component Industries (“PCI”) was acquired by Ohio Gratings in February of 2023. Precision Component Industries operates a full-service manufacturing enterprise specializing in high precision, low volume, complex configurations. PCI maintains a longstanding reputation in the manufacturing community for its high-quality processes, talented workforce, specialized facility and highly custom capabilities. PCI serves blue chip customers across automotive, aerospace, defense, energy…
Malley’s Candies
Malley’s Candies is a manufacturer and multi-unit retailer providing specialty confectionary products across Northeast Ohio. As a regional institution for over 88 years, the Company was owned by the founding family, now in its 3rd generation. Carleton McKenna was engaged as a sell-side advisor to help the six sibling owners bring in a strategic partner to sell or recapitalize the…
Premier Hydraulics
Premier Hydraulics (“PH”) was acquired by PTR Group in December of 2022. Premier Hydraulics offers a uniquely broad range of customized, value-added manufacturing and distribution services to some of the nation’s largest industrial equipment OEMs. PH’s diverse capabilities include design, engineering, machining, shipping and receiving, final assembly, inspection, warehousing and fulfillment. Carleton McKenna was engaged by PH owners to run…
TestOil
TestOil is a Northeast Ohio based industrial testing solutions provider, focusing on oil analysis, turbine oil analysis, filter debris analysis, material identification analysis, and lubricant compatibility analysis for heavy machinery. TestOil works with customers across several industries, including energy, manufacturing, construction, chemical and consumer products. Carleton McKenna was engaged as sell-side advisor after the owner held months ofdiscussions with a…
Webster Industries & Action Vibratory
Based in Tiffin, OH, Webster Industries (“Webster”) is a leading provider of conveyor chain, sprockets, vibratory conveyors, and specialty castings. Carleton McKenna was engaged by Webster to identify and solicit potential acquisition targets based on specifications set by the Company, including product line expansion, end market expansion, and workplace culture. After an extensive search process, Webster acquired Newburg, Oregon based…