Brookfield Asset Management's agreement to acquire GrafTech (NYSE: GTI) brought our full attention to the state of Ohio, where PE investors recorded 28% YoY growth in deal activity last year, according to the PitchBook Platform. The jump to 111 completed transactions, Ohio's most since 2007, actually came after a dip in 2013. B2B has been the driving sector for the state recently, claiming 58% of deals the past two years, up from 44% in 2012. The only Ohio-based firm that ranks in the top 10 for investment in the state is Cleveland-based Resilience Capital Partners, which focuses on niche-oriented manufacturing, distribution and business service companies.
Top investors in Ohio since the start of 2005 and their deal counts (incl. add-ons):