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4466 CRAIN’S CLEVELAND BUSINESS WWW.CRAINSCLEVELAND.COM DECEMBER 31, 2007-JANUARY 6, 2008
LARGEST OHIO MERGERS AND ACQUISITIONSRANKED BY DEAL SIZE (1)
RankDeal size(millions)
BuyerBuyer location
SellerSeller location Unit sold Date announced Deal description
1 $9,765.0 Hexion Specialty ChemicalsColumbus
Huntsman Corp.Salt Lake City, Utah 7/12/07 Hexion Specialty Chemicals is the world's largest thermosetting resins maker. Huntsman
is a manufacturer of differentiated, inorganic and commodity chemical products.
2 $6,200.0Developers DiversifiedRealty Corp.Beachwood
Inland Retail Real EstateTrust Inc.Illinois
10/23/06 Developers Diversified agreed to acquire Inland Retail Real Estate Trust Inc., a real estateinvestment trust.
3 $5,821.0 The Carlyle Group LLCWashington, D.C.
Manor Care Inc.Toledo 7/02/07 Manor Care is a provider of short-term post-acute and long-term care.
4 $3,300.0Blackstone Group HoldingsLLCNew York
Cardinal Health Inc.Dublin, Ohio
PharmaceuticalTechnologies andServices business
1/25/07 Cardinal Health Inc. is a provider of products and services supporting the health careindustry.
5 $3,294.0 Huntington Bancshares Inc.Columbus
Sky Financial Group Inc.Bowling Green, Ohio 12/20/06
Sky Financial Group is a financial holding company with more than 290 financial centersand 300 automated teller machines located in Ohio, Pennsylvania, Michigan, Indiana andWest Virginia. Huntington Bancshares is a multi-state diversified financial holdingcompany.
6 $2,639.0 Liberty Mutual GroupBoston
Ohio Casualty Corp.Fairfield, Ohio 5/07/07
Ohio Casualty is a provider of insurance for personal auto, homeowners, commercialproperty, commercial auto and workers’ compensation. Liberty Mutual is a globalinsurance company.
7 $2,520.0 Newpage Holding Corp.Miamisburg, Ohio
Stora Enso OyjFinland
Stora Enso NorthAmerica Inc. 9/21/07
Newpage Holding Corp., a producer and distributor of paper products, agreed to acquireStora Enso North America Inc., the U.S.-based producer of coated paper and packagingproducts.
8 $1,900.0 Husky Energy Inc.Canada
Valero Energy Corp.San Antonio
Lima Refining Co.; Lima,Ohio 5/02/07 Husky Energy Inc., a Canadian energy company, agreed to acquire Lima Refining Co.
9 $1,844.0 National City Corp.Cleveland
MAF BancorpClarendon Hills, Ill. 5/01/07 The purchase gives Cleveland-based National City more than $10 billion in deposits and
126 branches in the Chicago market.
10 $1,825.0 Rexam PLCLondon
Owens-Illinois Inc.Perrysburg
O-I Plastic Products FTSInc. 6/11/07
Rexam PLC, an international consumer packaging company and beverage can maker,agreed to acquire O-I Plastic Products FTS Inc., a manufacturer of rigid plastic health carepackaging and plastic closure systems.
11 $1,475.0 Carlyle Partners IV LPWashington, D.C.
Goodyear Tire & RubberCo.Akron
Engineered productsassets 3/23/07 Carlyle Partners, a fund managed by The Carlyle Group LLC, bought the Engineering
Products Division of Goodyear Tire & Rubber Co.
12 $1,447.0 Cardinal Health Inc.Dublin, Ohio
Viasys Healthcare Inc.Conshohocken, Pa. 5/14/07
Viasys, a global provider of respiratory, neurology, medical disposable and orthopedicproducts, agreed to buy Cardinal Health, a global provider of products and services thatimprove the safety and productivity of health care.
13 $1,200.0Providence Equity PartnersInc., Providence, R.I.;Morgenthaler Partners,Cleveland
NexTag Inc.San Mateo, Calif. 6/08/07
The management of NexTag Inc., an online comparison shopping company, acquired thecompany in a management buyout transaction backed by Morgenthaler Partners andProvidence Equity Partners Inc.
14 $1,075.0 Fifth Third Bancorp.Cleveland
First Charter Corp.Charlotte, N.C. 8/16/07 First Charter Corp. is a regional financial services company and the holding company for
First Charter Bank. Fifth Third Bancorp is a diversified financial services company.
15 $1,066.0 GS Capital PartnersNew York
Myers Industries Inc.Akron 4/24/07 Myers Industries manufactures polymer products for industrial, agricultural, automotive,
commercial and consumer markets.
16 $750.0 Fletcher Building Ltd.Auckland, New Zealand
Cerberus CapitalManagement LP, NewYork; Oaktree CapitalManagement LP, LosAngeles
Formica Corp., Cincinnati 5/22/07 Fletcher Building Ltd., a building materials manufacturer and distributor, agreed toacquire Formica Corp., a manufacturer of decorative surfacing materials.
16 $750.0Leonard Green & PartnersLPLos Angeles
Macy's Inc.Cincinnati David's Bridal Inc. 11/17/06
Leonard Green & Partners LP, through one of its affiliates, agreed to acquire David'sBridal, the retail chain specializing in bridal gowns, and Priscilla of Boston, a bridal gownretailer.
18 $695.0 Eaton Corp.Cleveland
V.G.A.T. Investors LLCNew York AT Holdings Corp. 12/28/06
Eaton Corp., a manufacturer of engineered products, agreed to acquire AT HoldingsCorp., the holding company of Argo-Tech Corp., a company engaged in the design,manufacture, sales and servicing of fuel flow devices and systems.
19 $675.0Svenska CellulosaAktiebolagetStockholm, Sweden
Procter & Gamble Co.Cincinnati
European TissueOperations 3/12/07
Svenska Cellulosa Aktiebolaget, a global consumer goods and paper company thatdevelops, produces and markets personal care products, tissue, packaging solutions andsolid-wood products, agreed to acquire the European Tissue Operations of Procter &Gamble Co.
20 $670.0 Orica Ltd.Melbourne, Australia
SPG Partners LLCNew York
Excel Mining SystemsLLC; Bowerston, Ohio 9/24/07
Orica Ltd., a mining, fertilizers, chemicals and consumer products company, agreed toacquire Excel Mining Systems LLC, a producer of roof support for the coal and hard rockmining industries.
21 $640.0 Owens CorningToledo
Compagnie deSaint-GobainCourbevoie, France
Reinforcement andcomposites business 7/27/07
The acquired business includes 20 plants. The transaction converts the previouslyannounced joint venture agreement into an acquisition, intended to simplify themanagement and governance structure.
22 $630.0Universal AmericanFinancial Corp.Rye Brook, New York
MemberHealth Inc.Solon 5/08/07
The acquisition will help Universal American strengthen its business by introducingadditional value-oriented health products and services to the market. It will also help thecompany expand its Medicare Part D business.
23 $616.0Odyssey InvestmentPartners LLCNew York
DLJ Merchant BankingPartnersNew York
Wastequip Inc.;Beachwood, Ohio 12/21/06 According to the agreement, the senior management of Wastequip will continue to
manage the company.
➤➤
CCLB 12-31-07 A 46 CCLB 12/17/2007 2:01 PM Page 1
DECEMBER 31, 2007-JANUARY 6, 2008 WWW.CRAINSCLEVELAND.COM CRAIN’S CLEVELAND BUSINESS 47
LARGEST OHIO MERGERS AND ACQUISITIONSRANKED BY DEAL SIZE (1)
RankDeal size(millions)
BuyerBuyer location
SellerSeller location Unit sold Date announced Deal description
24 $600.0 Cleveland-Cliffs Inc.Cleveland
PinnOak Resources LLCCanonsburg, Pa. 6/14/07
Cleveland-Cliffs Inc., a producer of iron ore pellets, agreed to acquire PinnOak ResourcesLLC, a producer of high-quality, low-volatile metallurgical coal. The acquisition representsan expansion opportunity for Cleveland-Cliffs and is in line with the company's strategy toexpand in global markets and to diversify its mineral sales.
25 $575.0 KeyCorpCleveland
U.S.B. Holding Co.Orangeburg, New York 7/27/07
KeyCorp, a financial service company, will acquire U.S.B. Holding, the holding company ofUnion State Bank. The acquisition adds 31 branches to KeyCorp's 32 branches in theHudson Valley.
26 $569.0 Eaton Worldwide LLCCleveland
MGE UPS Systems SAMontbonnot, France Small Systems Business 6/17/07
Eaton Worldwide LLC, a manufacturer of engineered products and a subsidiary of EatonCorp., agreed to acquire the Small Systems Business of MGE UPS Systems SA, aprovider of power supply systems and a subsidiary of Schneider Electric SA.
27 $562.0 Limited Brands Inc.Columbus
La SenzaEtobicoke, Ontario 11/15/06
La Senza Corp. is a specialty retailer of lingerie and sleepwear under the banners LaSenza, Silk and Satin and La Senza Express. Limited Brands sells women's intimateapparel, personal care and beauty products, and women's and men's apparel.
28 $548.0 Golden Gate CapitalSan Francisco
Limited Brands Inc.Columbus
Express Brands (67%stake) 5/15/07 Golden Gate Capital, a private equity firm, agreed to acquire a 67% stake in Express
Brands, an apparel merchandising business.
29 $517.0Prism Business MediaHoldings Inc.Overland Park, Kansas
Penton Media Inc.Cleveland 11/2/06
Prism Business Media Holdings Inc., a publisher of magazines, books and directories, anda subsidiary of US Equity Partners II LP agreed to acquire Penton Media Inc., a diversifiedbusiness-to-business media company.
30 $500.0American Municipal Power-Ohio Inc.Columbus
Peabody Energy Corp.Missouri
Prairie State EnergyCampus (20% stake) 7/2/07
American Municipal Power-Ohio Inc. (AMPO) agreed to acquire a 20% stake in PrairieState Energy Campus, the 1,500-megawatt coal-fuelled electricity generation project foran undisclosed consideration but estimated to be more than $500 million.
30 $500.0 Snap-On Inc.Kenosha, Wis.
ProQuest Co.Ann Arbor, Mich.
ProQuest BusinessSolutions Inc.; Richfield 10/23/06
Snap-On Inc., a manufacturer and marketer of automotive tools, has agreed to acquireProQuest Business Solutions Inc., a provider of management, technical and e-commerceapplications to the automotive market.
32 $495.0 Airgas Inc.Radnor, Pa.
The Linde GroupWiesbaden, Germany
U.S. bulk gas business;locations in Ohio 11/22/06
Airgas Inc., a distributor of industrial, medical and specialty gases, agreed to acquire theU.S.-based bulk gas business of The Linde Group. The transaction is part of Linde'splanned divestment, one of the conditions imposed by the U.S. Federal TradeCommission when it approved Linde's acquisition of BOC Group PLC.
33 $452.0 Thomas & Betts Corp.Memphis, Tenn.
Lamson & Sessions Co.Cleveland 8/15/07 Thomas & Betts Corp., a manufacturer of electrical components, acquired Lamson &
Sessions Co., which also makes electrical components.
34 $430.0 TransDigm Group Inc.Cleveland
Odyssey InvestmentPartners LLCNew York
Aviation TechnologiesInc.; Seattle, Wash. 1-9-07
TransDigm Group Inc., a manufacturer of aircraft and aerospace components and aportfolio company of Warburg Pincus, agreed to acquire Aviation Technologies Inc., asupplier of engineered electrical and electro-mechanical aircraft components.
35 $408.0 Norilsk Nickel MMCMoscow
OM Group Inc.Cleveland Nickel business 11/20/06
The Russian metal producer agreed to acquire the nickel metal business of OM GroupInc., a producer and marketer of metal-based specialty products. The acquisition is in linewith Norilsk Nickel’s expansion strategy and will allow it to expand its operationsinternationally as well as strengthen its position in the mining and metals industry.
36 $380.0 Gatehouse Media Inc.Fairport, New York
Copley Press Inc.La Jolla, Calif.
Nine papers in Illinois andOhio 3/13/07
GateHouse Media Inc., a publisher of locally based print and online media, acquired ninepublications in Illinois and Ohio. The Ohio publications are: The Repository in Canton, TheIndependent in Massillon, The Times-Reporter in New Philadelphia and The Suburbanite inGreen.
37 $371.0Saint-Gobain BuildingDistribution Ltd.United Kingdom
Owens CorningToledo
Norandex/ReynoldsDistribution 7/17/07 The transaction includes Norandex and 153 U.S. distribution centers and three vinyl
siding manufacturing facilities.
38 $338.0 Fifth Third Bancorp.Cleveland
R-G Financial Corp.San Juan, Puerto Rico R-G Crown Bank 5/21/07 The acquisition is in line with Fifth Third’s strategy of broadening its presence in the
markets of Tampa Bay and Orlando, where Crown has an established customer base.
39 $335.0 Metalmark Capital LLCNew York
Behrman Capital LPNew York
Hunter DefenseTechnologies Inc.; Solon 8/22/07
Metalmark Capital LLC, a private equity firm, has acquired Hunter Defense TechnologiesInc., a manufacturer of military and homeland defense products. In March 2005, HunterDefense Technologies expanded its product offering with the acquisition of Base-X Inc.
40 $334.0 Belron SALuxembourg
Safelite Group Inc.Columbus 2/6/07
Belron S.A., the Luxembourg-based vehicle glass repair and replacement company and awholly owned subsidiary of D'Ieteren S.A., agreed to acquire Safelite Group Inc. Uponclosing, Safelite will be merged with Belron's U.S. subsidiary, Belron Inc.
41 $325.0 AEP Generating Co.Ohio
PSEG Power LLCNewark, New Jersey
LawrenceburgGenerating Station 2/2/07
AEP Generating Co., an electricity generation company and a subsidiary of AmericanElectric Power Co., agreed to acquire the Lawrenceburg Generating Station. Theacquisition will provide AEP with added generating capability of more than 2,900megawatts of power.
41 $325.0Inverness MedicalInnovations Inc., Waltham,Mass.; Procter & GambleCo., Cincinnati
Inverness MedicalInnovations Inc.,Waltham, Mass.; Procter& Gamble Co., Cincinnati
Joint venture 12/27/06Inverness Medical Innovations Inc. and Procter & Gamble Co. established a joint venturecompany. Under terms of the agreement, Procter & Gamble Co. will pay cash andInverness will contribute its related consumer diagnostic assets, other than manufacturingand core intellectual property assets.
43 $280.0 Thomas & Betts Corp.Tennessee
Danaher Corp.Washington, D.C.
Joslyn Hi-Voltage Co.;Cleveland 7/2/07
The acquisition is a strategic fit for Thomas & Betts, and will enable the company toextend its reach into the power quality and protection markets with the help of the brandsfrom Danaher Power Solutions.
43 $280.0GE Healthcare FinancialServices; KMF SeniorHousing Investors; SeniorLifestyle Corp.
Walton Street CapitalLLCChicago
Senior Lifestyle/WaltonStreet; two communitieslocated in Cincinnati
11/29/06Four senior housing communities were acquired through a joint venture between KMF, GEHealthcare Financial Services and Senior Lifestyle. The communities include 1,256units/beds. According to the terms agreed, Senior Lifestyle will continue to manage thecommunities.
45 $265.0 Thoma Cressey BravoIllinois Hyland family Hyland Software Inc.,
Westlake 7/16/07Thoma Cressey Bravo will acquire a 58% stake in the company from the Hyland family,while the present management of Hyland will retain its stake in the company which isapproximately 20%, with the remaining stake being held by friends and Hyland familymembers.
Source: Mergermarket. Crain's Cleveland Business does not independently verify the information and there is no guarantee these listings are complete or accurate. We welcomeall responses to our lists and will include omitted information or clarifications in coming issues. Business lists and The Book of Lists are available to purchase atwww.crainscleveland.com.(1) Information is for mergers and acquisitions involving an Ohio company from Oct. 1, 2006-Sept. 30, 2007.
RESEARCHED BY Deborah W. Hillyer
CCLB 12-31-07 A 47 CCLB 12/17/2007 2:01 PM Page 1
4488 CRAIN’S CLEVELAND BUSINESS WWW.CRAINSCLEVELAND.COM DECEMBER 31, 2007-JANUARY 6, 2008
➤➤
OHIO VENTURE CAPITAL AND BUYOUT FIRMSLISTED ALPHABETICALLY
NameAddressPhone/Web site
Minimuminvestment(thousands)
Preferredprojectinvestment(thousands)
Capitalunder
management(millions)
Geographicalpreferences Industry preferences
N.E.Ohio
Out ofarea
Yearfounded
Top executiveTitle
ALPHA CAPITAL PARTNERS LTD.417 Schenck Ave., Dayton 44883(937) 294-6938/www.alphacapital.com
$500 500-5,000 $135.0 Midwest None 2 8 1984 Andrew H. Kalnowmanaging partner
AUSTIN CAPITAL PARTNERS LP1422 Euclid Ave., Suite 721, Cleveland 44115(216) 574-2284/www.austincapitalpartners.com
$500 1,000-4,000 NA MidwestLow-mid techmanufacturing,distribution
NA NA 2000 Darrell W. Austinmanaging partner
BLUE CHIP VENTURE CO.250 E. Fifth St., Cincinnati 45202(513) 723-2300/www.bcvc.com
$1,000 5,000-10,000 $600.0Midwest,Mid-Atlantic,Ohio
Health care, informationtechnology, media andmarketing
0 3 1992 John C. McIlwraithmanaging director
BLUE POINT CAPITAL PARTNERS127 Public Square, Suite 5100, Cleveland 44114(216) 535-4700/www.bluepointcapital.com
$10,000 20,000 $798.0 United StatesManufacturing, businessservices, value-addeddistribution
0 7 1990David P. GivenJohn F. Kirbymanaging partners
BRANTLEY PARTNERS3201 Enterprise Pkwy., Suite 350, Beachwood 44122(216) 464-8400/www.brantleypartners.com
$5,000 10,000-20,000 $400.0Midwest,Southeast,Southwest
Health care services,business services,low-tech, lightmanufacturing
1 4 1987 Robert P. Pinkasmanaging general partner
BRIDGE INVESTMENT FUND LP11000 Cedar Ave., Suite 100, Cleveland 44106(216) 658-5470/www.bridgefundllc.com
$250 250-1,000 $8.0 NortheastOhio Medical devices NA 2 2005 Michael Goldberg
managing partner
CANDLEWOOD CAPITAL PARTNERS10 1/2 E. Washington St., Chagrin Falls 44022(440) 247-2800/www.candlewoodpartners.com
$3,000 10,000 $90.0 None Distressed investments 0 3 2001 David Glickmanmanaging director
CAPITALWORKS LLC1111 Superior Ave., Suite 970, Cleveland 44114(216) 781-3233/www.capitalworks.net
$2,000 5,000 $60.0 None None 1 3 1999 Robert G. McCrearychairman, CEO
CAPVEST VENTURE FUND LP14 S. High St., New Albany 43054(614) 855-9980/www.capvestvc.com
$100 700 NAOhio,Wisconsin andMidwest
Manufacturing,distribution, businessservices, technology
5 5 2001William M. CusterJakki Hausslermanaging directors
CHARTER LIFE SCIENCES3130 Highland Ave., Suite 3205, Cincinnati 45219(513) 475-6643/www.clsvc.com
$500 2,000-3,000 $66.0 NoneMedical devices,biotech/specialtypharmaceuticals
0 3 2003 Dr. Donald Harrisonmanaging director
CID CAPITAL180 E. Broad St., Suite 1701, Columbus 43215(614) 222-8185/www.cidcap.com
$500 2,000-10,000 NA Midwest,United States
Life sciences, medicaltechnology,manufacturingtechnology, software
NA 4 1981 Peter G. Kleinhenzmanaging director, Columbus
CRYSTAL VENTURES1120 Chester Ave., Suite 418, Cleveland 44114(216) 263-5515/www.crystalventures.com
$1,000 3,000-6,000 $170.0 United States,Asia
Early-stagetechnology-based NA NA 1997 Daniel Kellogg
managing director
CUSTER CAPITAL INC.14 S. High St.,, New Albany 43054(614) 855-9980/www.custercapital.com
$100 700 NA Ohio, MidwestManufacturing, healthcare,distribution-enablingtechnology
5 5 1999 William M. Custerpresident
DEVELOPMENT CAPITAL VENTURES LP3540 Lido Court, Akron 44319(330) 645-9050/www.dccgrowth.com
$1,000 2,000-3,000 $45.0 Eastern UnitedStates
Manufacturing,distribution, B2Bservices
2 0 1999 Wayne Forenmanaging partner
DRAPER TRIANGLE VENTURES737 Bolivar Road, Suite 1500, Cleveland 44115(216) 363-5300/www.drapertriangle.com
$500 2,000 $125.0 Ohio,Pennsylvania
Information technology,medical devices,communications,materials
3 6 1999 Michael Stublermanaging director
EARLY STAGE PARTNERS LP1801 E. Ninth St., Cleveland 44114(216) 781-4600/www.esplp.com
$500 1,000 $44.0 NortheastOhio
Life sciences, polymersand advanced materials,advanced manufacturing
1 3 2001 James M. Petrasmanaging director
EDGEWATER CAPITAL PARTNERS28601 Chagrin Blvd, Suite 205, Cleveland 44122(216) 292-3838/www.edgewatercapital.com
$1,000 4,000 NA United States Manufacturing, services,specialty chemicals NA NA 1983 Christopher Childres
managing partner
EVOLUTION CAPITAL PARTNERS LLC29325 Chagrin Blvd., Suite 105, Pepper Pike 44122(216) 593-0402/www.evolutioncp.com
$500 1,000-5,000 NAWithin 400Miles ofNortheastOhio
NA 0 1 2005Brendan Anderson, Paul L.Gierosky, Jeffrey D. Kadlicmanaging partners
FRANTZ MEDICAL VENTURES7740 Metric Drive, Mentor 44060(440) 266-5800/www.frantzgroup.com
$250 250-1,000 NA United States Medical devices anddiagnostics 2 4 2001 Mark G. Frantz
managing partner
THE GATES GROUP LLC6120 Parkland Blvd., Suite 202, Mayfield Heights 44124(440) 684-9900/www.thegatesgroupllc.com
$1,000 5,000-25,000 $285.0 North America Parking managementservices and real estate NA 2 2002 Walter Stuelpe
managing partner
GLENGARY LLCPO Box 202526, Cleveland 44120(216) 491-4700/www.glengaryllc.com
$100 500 NA NortheastOhio
Applied technologies,business services,consumer products,health care, software
3 0 2002 Stephen R. Haynesmanaging director
KEY PRINCIPAL PARTNERS800 Superior Ave., 10th floor, Cleveland 44114(216) 828-8125/www.keyprincipalpartners.com
$7,000 10,000-40,000 $1,200.0 United Statesand Canada None 0 4 1998 John R. Sinnenberg
managing partner
KIRTLAND CAPITAL PARTNERS3201 Enterprise Pkwy., Suite 200, Beachwood 44122(216) 593-0100/www.kirtlandcapital.com
$10,000 15,000-40,000 $400.0 MidwestManufacturing,distribution, B2B servicecompanies
0 4 1977 John G. Nestorsenior managing partner
LINSALATA CAPITAL PARTNERS5900 Landerbrook Drive, Suite 280, Mayfield Hts. 44124(440) 684-1400/www.linsalatacapital.com
$7,000 20,000-35,000 $975.0 North AmericaBuilding products,consumer products,industrial products,direct marketing, apparel
0 6 1984Frank N. Linsalata, chairmanEric V. Bacon, Stephen B. Perrysenior managing directors
MAX-VENTURES LLC5900 Landerbrook Drive, Suite 203, Cleveland 44124(440) 449-6000/www.max-ventures.com
$2,000 5,000-10,000 NA United StatesRetail, consumerproducts, serviceproviders to retailers
2 4 2003 Michael FeuerCEO, senior managing director
MORGENTHALER50 Public Square, Suite 2700, Cleveland 44113(216) 416-7500/www.morgenthaler.com
$1,000 5,000-15,000 NA North AmericaLife sciences,information technology,high-value manufacturing,business services
0 12 1968 Robin C. Bellasmanaging partner
Number of 2006investments
CCLB 12-31-07 A 48 CCLB 12/11/2007 1:31 PM Page 1
DECEMBER 31, 2007-JANUARY 6, 2008 WWW.CRAINSCLEVELAND.COM CRAIN’S CLEVELAND BUSINESS 49
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WithTM
NameAddressPhone/Web site
Minimuminvestment(thousands)
Preferredprojectinvestment(thousands)
Capitalunder
management(millions)
Geographicalpreferences Industry preferences
N.E.Ohio
Out ofarea
Yearfounded
Top executiveTitle
MUTUAL CAPITAL PARTNERS FUND5805 Bridge Ave., Cleveland 44102(216) 928-1908/www.mutualcapitalpartners.com
$500 1,000-2,000 NAOhio, Indiana,Michigan, NewYork,Pennsylvania
None 1 1 2005 Wayne Wallacegeneral partner
NATIONAL CITY EQUITY PARTNERS1965 E. Sixth St., Suite 1010, Cleveland 44114(216) 222-2491/www.ncepi.com
$3,000 5,000-20,000 $1,000.0 United States None 3 16 1979 Edward S. Pentecostchairman, CEO
NCIC CAPITAL FUND900 Kettering Tower, Dayton 45423(937) 222-4422/www.ncicfund.com
NA 200-500 $20.0 Midwest Early-stage technology NA 2 1994 Frank J. Winslowpresident, CEO
NEXTEP EQUITY PARTNERS1375 E. Ninth St., 20th floor, Cleveland 44114(216) 736-7293/www.nextepequitypartners.com
$1,000 3,000-5,000 NA East of theMississippi
Polymers, specialtychemicals, composites 1 NA 2000
Robert H. JacksonT. Daniel Clarkmanaging partners
OAK PARK VENTURES LLC2577 Oak Park Blvd., Cuyahoga Falls 44221(330) 923-9529
$250 1,000 NA United States Real estate NA 1 2003 Michael S. Deardenpresident
OAKWOOD MEDICAL INVESTORS LLC11000 Cedar Ave., Suite 100, Cleveland 44106(216) 658-5478/www.oakwoodmedical.com
NA 3,000-5,000 $7.7 United States
Life sciences; medicaldevices,pharmaceuticals,biotechnology andmedical services
NA NA 1997 Raul Perez, M.D.president, managing director
OHIO INNOVATION FUND1120 Chester Ave., Suite 418, Cleveland 44114(216) 830-1171/www.oifventures.com
$250 1,000 $12.5 OhioLife sciences, advancedmaterials, informationtechnology
2 NA 1997 Timothy Biromanaging partner
PEPPERTREE CAPITAL MANAGEMENT, INC.3550 Lander Road, Suite 300, Pepper Pike 44124(216) 514-4949/www.peppertreefund.com
$2,500 5,000 $75.0 United StatesMedia,telecommunications,business services
1 6 2003 F. Howard Mandelpresident
PRIMUS VENTURE PARTNERS INC.5900 Landerbrook Drive, Suite 200, Cleveland 44124(440) 684-7300/www.primusventure.com
$5,000 5,000-20,000 $523.6National,emphasis onMidwest andEast Coast
Business services, healthcare, education,communications
0 2 1983 Loyal W. Wilsonmanaging director
REDLINE CAPITAL20600 Chagrin Blvd., Suite 495, Cleveland 44122(216) 991-1201/www.redlinecapital.com
$500 1,000 NA NortheastOhio, Midwest Manufacturing NA NA 1999 Todd Peter
president
RESILIENCE CAPITAL PARTNERS LLC25201 Chagrin Blvd., Suite 360, Cleveland 44122(216) 292-0200/www.resiliencecapital.com
$1,000 1,000-10,000 $75.0Midwest,Northeast,Mid-Atlantic,Southeast
Turnarounds and specialsituations - basicindustries
1 2 2001Bassem MansourSteven Rosenmanaging partners
RIVER CITIES CAPITAL FUNDS221 E. Fourth St., Suite 2400, Cincinnati 45202(513) 621-9700/www.rccf.com
$1,500 3,000 - 5,000 $350.0 Midwest,Southeast Diversified NA 4 1994 J. Eric Lenning
principal
THE RIVERSIDE CO.50 Public Square, 29th floor, Cleveland 44113(216) 344-1040/www.riversidecompany.com
$3,000 5,000-25,000 $1,600.0NorthAmerica,Europe
Generalists, no realestate or startups 0 26 1988
Stewart A. KohlBela Szigethyco-CEOs
Number of 2006investments
➤➤
CCLB 12-31-07 A 49 CCLB 12/11/2007 1:32 PM Page 1
5500 CRAIN’S CLEVELAND BUSINESS WWW.CRAINSCLEVELAND.COM DECEMBER 31, 2007-JANUARY 6, 2008
OHIO VENTURE CAPITAL AND BUYOUT FIRMSLISTED ALPHABETICALLY
NameAddressPhone/Web site
Minimuminvestment(thousands)
Preferredprojectinvestment(thousands)
Capitalunder
management(millions)
Geographicalpreferences Industry preferences
N.E.Ohio
Out ofarea
Yearfounded
Top executiveTitle
ROCKWOOD EQUITY PARTNERS LLC3201 Enterprise Pkwy., Suite 370, Beachwood 44122(216) 378-9326/www.rockwoodequity.com
$1,000 2,000-10,000 NA North AmericaManufacturing,distribution, businessservices
0 5 1999 Owen M. Colliganprincipal
ROULSTON VENTURES MANAGEMENT LLC1200 East St., Fairport Harbor 44077(440) 350-1230
$500 1,000 $20.0 NortheastOhio None NA NA 1980 Thomas H. Roulston II
general partner
SIGNET ENTERPRISES LLC75 E. Market St., Akron 44308(330) 762-9102/www.signet-enterprises.com
$1,000 2,000-10,000 $0.0 Midwest,Southeast
Manufacturing,distribution, businessservices, real estate
7 7 1995 Anthony S. Manna
SOUTH FRANKLIN STREET PARTNERS10 1/2 E. Washington St., Chagrin Falls 44022(440) 264-8040/www.sfspartners.com
$2,000 2,000-10,000 $75.0 United States None 0 3 2001 Raymond A. Lancastermanaging director
SUNBRIDGE PARTNERS3659 Green Road, Beachwood 44122(216) 360-0151/www.sbpvc.com
$1,000 5,000 $95.0 United States Technology 0 2 2004 John Gannongeneral partner
TRIATHLON MEDICAL VENTURES250 E. Fifth St., Cincinnati 45202(513) 723-2600/www.tmvp.com
$250 3,000-5,000 $105.0Midwest (allstages);United States(later stage)
Life sciences, medicaldevices 1 4 2004
John M. Rice, Suzette Dutch,Dennis Costello, Carrie Batesmanaging partners
TRUST NAVIGATOR6140 Parkland Blvd., Suite 150, Mayfield Heights 44124(440) 995-2830/www.trustnavigator.com
$50 NA $50.0 CuyahogaCounty None NA NA 1998 Thomas Roulston III
president
Source: Information is supplied by the companies unless footnoted. Crain's Cleveland Business does not independently verify the information and there is no guarantee theselistings are complete or accurate. We welcome all responses to our lists and will include omitted information or clarifications in coming issues. Business lists and The Book ofLists are available to purchase at www.crainscleveland.com. Originally published Feb. 19, 2007.
RESEARCHED BY Deborah W. Hillyer
Number of 2006investments
CCLB 12-31-07 A 50 CCLB 12/17/2007 2:15 PM Page 1
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BUSINESS INSURANCE AGENCIESRANKED BY LICENSED EMPLOYEES
Rank
NameAddressPhone/Web site
Licensedemployees8/1/2007
Licensedemployeesproperty/casualty
Full-timeequivalentemployees
Fromfees
Fromcommissions
Number ofunderwritersrepresented Major carriers
Yearfounded Top local executive
1OSWALD COS.1360 E. Ninth St., Cleveland 44114(216) 367-8787/www.oswaldcompanies.com
176 98 220 NA NA 105 Chubb, AIG, Anthem, UHC,Unum 1893 Marc S. Byrnes, CEO
David P. O'Brien, president
2DAWSON COS.1340 Depot St., Rocky River 44116(440) 333-9000/www.dawsoncompanies.com
157 146 207 8% 92% 40 NA 1931 D. Michael Shermanpresident, CEO
3MARSH USA INC.200 Public Square, Suite 1100, Cleveland 44114(216) 937-1700/www.marsh.com
105 105 140 NA NA NA NA 1871 William M. Paulmanaging director
4THE FEDELI GROUP5005 Rockside Road, fifth floor, Independence 44131(216) 328-8080/www.thefedeligroup.com
96 75 125 25% 75% 100 NA 1988 Umberto P. Fedelipresident, CEO
5WELLS FARGO INSURANCE SERVICES OF OHIO LLC1301 E. Ninth St., Suite 3800, Cleveland 44114(216) 241-4344/www.wellsfargois.com
83 79 95 NA NA NA NA 1989 Joseph P. Sanchezmanaging director
6HYLANT GROUP6225 Oak Tree Blvd., Cleveland 44131(216) 447-1050/www.hylant.com
78 55 94 20% 80% 50 AIG, Travelers, Zurich,Hartford, XL, Ace, Westfield 1935 Michael M. Hylant
president
7BRITTON-GALLAGHER & ASSOCIATES INC.6240 SOM Center Road, Cleveland 44139(440) 248-4711/www.britton-gallagher.com
72 62 72 11% 86% 102Chubb, AIG, ACE, CNA,Travelers, Cincinnati,Westfield, Hartford, Zurich
1942 Bruce H. BallCEO
8UNITED AGENCIES INC.1422 Euclid Ave., Suite 900, Cleveland 44115(216) 696-8044
60 58 63 5% 95% 150 Anthem, Westfield, StateAuto, Medical Protective 1972
James E. Cogan II, CEOJohn J. Boyle IV, CFOJames J. McMahon, COO
9AON RISK SERVICES INC.1660 W. Second St., Suite 650, Cleveland 44113(216) 621-8100/www.aon.com
58 54 80 55% 45% NAAIG, Chubb, Hartford, Zurich,Travelers, FM, Liberty,Lloyds, XL, ACE
NA Jerry G. Kyselaresident managing director
10TODD ASSOCIATES INC.5875 Landerbrook Drive, Suite 120, Cleveland 44124(440) 461-1101/www.toddassociates.com
57 45 59 30% 70% 70 NA 1939 Edward J. Hyland Jr.president
11ALTHANS INSURANCE AGENCY INC.543 E. Washington St., Chagrin Falls 44022(440) 247-6422/www.althansinsurance.com
46 37 50 1% 99% 75Cincinnati, CNA, Travelers,Westfield, Chubb, Hartford,Great American, State Auto
1925 James C. Althanspresident
12SEIBERT KECK INSURANCE2950 W. Market St., Akron 44333(330) 867-3140/www.seibertkeck.com
45 45 60 5% 95% NAChubb, Fireman's Fund,Hartford, Indiana,Travelers/St. Paul
1910 Richard B. Hitechairman, CEO
Firmcompensation
CCLB 12-31-07 A 51 CCLB 12/13/2007 3:38 PM Page 1
5522 CRAIN’S CLEVELAND BUSINESS WWW.CRAINSCLEVELAND.COM DECEMBER 31, 2007-JANUARY 6, 2008
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BUSINESS INSURANCE AGENCIESRANKED BY LICENSED EMPLOYEES
Rank
NameAddressPhone/Web site
Licensedemployees8/1/2007
Licensedemployeesproperty/casualty
Full-timeequivalentemployees
Fromfees
Fromcommissions
Number ofunderwritersrepresented Major carriers
Yearfounded Top local executive
13THE HOFFMAN GROUP2 Berea Commons, Suite 10, Berea 44017(440) 826-0700/www.thehoffmangrp.com
40 32 43 5% 95% 50Chubb, Travelers, Hartford,Zurich, AIG, Cinicinnati,Westfield, Acuity, MotoristMutual
1919 Brian M. Russellpresident
14ALPHA GROUP AGENCY INC.25000 Center Ridge Road, Westlake 44145(440) 835-8860/www.thealphaga.com
39 10 62 5% 95% 9 Westfield, Grange,Cincinnati, Hartford 1988 Kevin O'Brien, Kevin Neitzel
principals
15INSURANCE PARTNERS AGENCY INC.26865 Center Ridge Road, Westlake 44145(440) 835-9600/www.inspartners.com
37 37 48 NA NA 25 Travelers, Westfield, Chubb,State Auto 1961 George S. Dadas
president
16VANTAGE FINANCIAL GROUP INC.6200 Rockside Road, Suite 100, Cleveland 44131(216) 642-7878/www.vanfin.com
36 2 72 10% 90% 95 MetLife, Principal, Prudential,First Colony, Anthem 1969 George Szeretvai, chairman
Martin J. Uhle, president, CEO
17NEACE LUKENS5005 Rockside Road, Suite 1200, Independence 44131(216) 643-7100/www.neacelukens.com
35 37 38 20% 80% 16 Travelers, Hartford, Zurich,CNA 1991 Dennis J. Vogelsberger
partner
18WILLIS200 Public Square, Suite 3760, Cleveland 44114(216) 861-9100/www.willis.com
34 22 40 65% 35% NA All major carriers 1828 Lee Staceyregional managing partner
19ZITO INSURANCE AGENCY INC.8339 Tyler Blvd., Mentor 44060(440) 205-7400/www.zitoinsurance.com
26 23 32 NA NA 7 NA 1964Roy E. Belconis, presidentChristopher M. Zito,executive vice president
20WACHOVIA INSURANCE SERVICES1001 Lakeside Ave., Suite 1300, Cleveland 44114(216) 344-2100/www.wachoviains.com
25 18 25 65% 35% 45 NA 2003 John Medermanaging director
21DRY INSURANCE AGENCY INC.320 Center St., Chardon 44024(440) 286-3344/www.dryins.com
24 24 25 1% 99% 15State Auto Insurance Co.,Motorists Mutual InsuranceCo., Auto-Owners InsuranceCo.
1968 Donald R. Yertpresident, CEO
22LUCE, SMITH & SCOTT INC.6880 W. Snowville Road, Suite 220, Cleveland 44141(440) 746-1700/www.lucesmithscott.com
24 24 26 NA NA 16 NA 1925 William M. Killea, chairmanDaniel Skaljac, president
23FITZGIBBONS ARNOLD & CO. AGENCY INC.25730 First St., Westlake 44145(440) 892-3636/www.fitzarn.com
24 24 24 NA NA 20 NA 1991 Richard Arnold, Clark Fitzgibbonspartners
24SCHNEIDER-DORSEY INC.23230 Chagrin Blvd., Suite 420, Beachwood 44122(216) 831-7272
22 21 22 5% 95% NA Chubb, Ohio Casualty,Zurich, Travelers 1949 Scott S. Schneider
president
25CBIZ BENEFITS & INSURANCE SERVICES INC.6050 Oak Tree Blvd. South, Suite 500, Cleveland 44131(216) 447-9000/www.cbiz.com
19 3 24 25% 75% 20MMO, Chubb, Mass Mutual,Anthem, UHC, AIG, Guardian,Sun Life, Fidelity
1996Andre Lukez, presidentBenefits & Insurance Services ofOhio
26JONES & WENNER INSURANCE AGENCY INC.3030 W. Market St., Fairlawn 44333(330) 867-4434/www.jones-wenner.com
15 15 16 0% 100% 7Westfield, Auto Owners,Acuity, Progressive, OhioMutual
1975Robert M. Jones, president, CEOGordon L. Wenner,exec. vice president, COO
27INSURANCE SYSTEMS AGENCY INC.7000 Fitzwater Road, Suite 230, Cleveland 44141(440) 526-7733/www.insurancesystemsagency.com
14 13 16 0% 100% 15 NA 1935 Michael G. Herzakpresident
28PINKERTON INSURANCE AGENCY INC.6133 Rockside Road, Suite 402, Cleveland 44131(216) 520-8800/www.pinkerton-ins.com
13 13 17 2% 98% 21 Chubb, Cincinnati, Travelers,Hartford 1941 Paul Bonardi
president
29THE GF HOCH CO.1301 E. Ninth St., Suite 1430, Cleveland 44114(216) 861-2727/www.gfhoch.com
13 13 15 NA NA NA NA 1983 Gerald F. Hoch, IIpresident
30THE CHURCH AGENCY600 E. Cuyahoga Falls Ave., Akron 44310(330) 733-1800/www,churchagency.com
13 12 15 1% 99% 15Cincinnati, Westfield,Grange, Acuity, AutoOwners, Travelers
1950 John E. Mitchell, Jr.president
31HAMILTON INSURORS INC.5255 Mayfield Road, Lyndhurst 44124(440) 461-8010/www.hamiltoninsurors.com
12 12 15 NA NA 8 Travelers, Westfield, OhioCasualty 1936 Thomas E. Hamilton
president
32SELMAN & CO.6110 Parkland Blvd., Mayfield Heights 44124(440) 646-9336/www.selmaninsurance.com
9 1 75 25% 75% 12 Aegon, NYLife, Hartford,AIG, Cigna, ING 1980 David L. Selman
president
33RUTLEDGE INSURANCE AGENCY11604 Buckeye Road, Cleveland 44120(216) 707-1444/www.rutledgeinsuranceagency.net
5 4 8 1% 99% 13 Farmers, Progressive,Victoria 1995 Darwin Rutledge
president, CEO
Source: Information is supplied by the companies unless footnoted. Crain's Cleveland Business does not independently verify the information and there is no guarantee theselistings are complete or accurate. We welcome all responses to our lists and will include omitted information or clarifications in coming issues. Business lists and The Book ofLists are available to purchase at www.crainscleveland.com. Originally published Sept. 24, 2007.
RESEARCHED BY Deborah W. Hillyer
Firmcompensation
CCLB 12-31-07 A 52 CCLB 12/13/2007 3:39 PM Page 1
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LARGEST 2006 SBA GUARANTEED LOANSRANKED BY LOAN AMOUNT
Rank
NameAddressPhone Business owner
Loan amount(000)
SBA-guaranteedamount (000)
Type ofloan (1)
Participatinglender Purpose of loan Type of business
1ANIMAL CLINIC NORTHVIEW INC.34910 Center Ridge Road, North Ridgeville 44039440-327-8282
Robert Hutchinson $1,984.0 $1,984.0 7A NA NA Veterinary practice
2PMC GAGE INC.3900 Ben Hur Ave., Willoughby 44094440-953-3300
Nicholas W. Bosworth, Jr. $1,789.2 $1,341.9 7A Chase Refinance Manufacturer of precise measuringequipment
3SHAHAN INC.30560 Lakeland Blvd., Wickliffe 44136NA
Saif Khan $1,678.0 $1,258.5 7A KeyBank Business purchase Gas station
4MANUFACTURER'S HOLDING INC.186 Commerce Drive, LaGrange 44050440-355-4200
Mark A Zupan $1,659.2 $1,244.4 7A HuntingtonNational Bank Refinance Manufacturer of high precision meta
components
5J & M MACHINE INC.1234 High St., Fairport Harbor 44077440-357-1234
John W. Stoneback $1,378.0 $1,033.5 7A NA NA Tool maker
6LIQUID RESOURCES OF OHIO LLC909 W. Smith Road, Medina 44256330-721-7900
Timothy Curtiss $1,265.0 $948.8 7A NA NA Disposal solutions fornon-hazardous waste materials
7PALATINE CORP.30760 Center Ridge Road, Westlake 44145440-317-0582
NA $1,239.0 $929.3 7A NA Construction andreal estate NA
86640 ENGLE ROAD LLC9841 York Alpha Dr., Unit 1, North Royalton 44133440-625-3625
Richard Ferruggia $1,215.0 $911.3 7A Republic Bank Real estatepurchase Own and manage real estate
➤➤
CCLB 12-31-07 A 54 CCLB 12/17/2007 3:01 PM Page 1
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CCLB 12-31-07 A 55 CCLB 12/10/2007 8:56 AM Page 1
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LARGEST 2006 SBA GUARANTEED LOANSRANKED BY LOAN AMOUNT
Rank
NameAddressPhone Business owner
Loan amount(000)
SBA-guaranteedamount (000)
Type ofloan (1)
Participatinglender Purpose of loan Type of business
9BLACKJACK DEVELOPMENT CO.1856 Pearl Road, Brunswick 44212330-721-8000
Randal Virost $1,200.0 $900.0 7A HuntingtonNational Bank
Businessdevelopment Industrial supplies
10PREMIER PARKWAY PROPERTIES LLC34600 Lakeland Blvd., Eastlake 44095440-975-8778
Kenneth DeFranco $1,140.0 $855.0 7A KeyBank Real estatepurchase Automotive paint supplier
11ENGINEERED LAMINATES & COATING404 N. Howard St., Akron 44304330-374-0500
Steve Goldsword $1,060.0 $795.0 7A NA NA Manufacturer
12L. L. KLINK & SONS INC.23920 Snell Road, Columbia Station 44028216-271-0177
John Heline $1,050.0 $787.5 7A NA NA Special construction
13ADVANCE COMPUTER SERVICES INC.800 S. Broadway Ave., Akron 44309330-785-5200
James W. Fuller $990.0 $742.5 7A American NationalBank NA Distributor of computer parts and
services
14MERLIN MANUFACTURING INC.5185 New Haven Circle, Barberton 44203330-848-6796
Michael Ligas $947.0 $947.0 504 CFBank Construction Window treatments and bedding forhospitality industry
15DEEP BLUE DISPLAYS103 Karl St., Berea 44017440-260-7797
Jake Miceli, Douglas Miceli $892.0 $892.0 504 NA NA Custom exhibits and displays
16MANDEL VETERINARY HOSPITAL LLC1794 S. Taylor Road, Cleveland Hts. 44118216-321-6040
William Mandel $856.8 $642.6 7A HuntingtonNational Bank
Real estatepurchase Veterinary practice
17CRUZ-SAMSA CORP. DBA PETLAND2255 Lee Rd., Cleveland Heights 44118216-321-7387
Susan Cruz $850.0 $637.5 7A UPS Capital Business purchase Pet store
NA=Not available. This list of the largest U.S. Small Business Administration guaranteed loans was compiled from information obtained from the Cleveland District Office of theSBA and the companies. The Cleveland District approved a total of 2,177 loans in the fiscal year that ended Sept. 30, 2006, for a total dollar amount of $293 million; theaverage SBA loan was $135,000. Originally published Feb. 5, 2007. (1) The 7(A) Loan Guaranty Program is the SBA's primary business loan program. The 504 CertifiedDevelopment Company Program provides financing for major fixed assets only.
RESEARCHED BY Deborah W. Hillyer
CCLB 12-31-07 A 56 CCLB 12/17/2007 3:01 PM Page 1
Call COSE or visit www.cose.org/joinandsave
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CCLB 12-31-07 A 57 CCLB 12/10/2007 8:56 AM Page 1
5588 CRAIN’S CLEVELAND BUSINESS WWW.CRAINSCLEVELAND.COM DECEMBER 31, 2007-JANUARY 6, 2008
LARGEST NONPROFITSRANKED BY 2007 EXPENSES (1)
Rank
NameAddressPhone/web site
Expenses2007
(millions)
Expenses2006
(millions)
Totalrevenue
2006(millions)
Incomefrom
privatesupport
Incomefor
programservices
2006 Fundbalance
(thousands) Purpose Top local executive
1CATHOLIC CHARITIES HEALTH AND HUMAN SERVICES7911 Detroit Road, Cleveland 44102(216) 334-2900/www.clevelandcatholiccharities.org
$100.3 $95.0 $93.4 35.7% 85.1% $120,495.0To provide leadership in the health and humanservice fields in the counties that comprise theCatholic Diocese of Cleveland
J. Thomas Mullenpresident, CEO
2WESTERN RESERVE AREA AGENCY ON AGING925 Euclid Ave., Suite 600, Cleveland 44115(216) 621-8010/www.psa10a.org
$92.4 $85.0 $85.1 1.0% 97.0% $348.0To enhance the ability of older persons tomaintain high levels of health, productivity andindependence
Ronald Hillexecutive director
3JEWISH COMMUNITY FEDERATION OF CLEVELAND1750 Euclid Ave., Cleveland 44115(216) 566-9200/www.jewishcleveland.org
$83.8 $79.1 $105.4 99.0% 88.0% $354,915.6 To allocate funds to social service andeducational agencies in Cleveland and worldwide
Stephen H. Hoffmanpresident
4HOSPICE OF THE WESTERN RESERVE300 E. 185th St., Cleveland 44119(216) 383-2222/www.hospicewr.org
$78.8 $70.0 $73.5 5.4% 86.0% NATo provide palliative end-of-life care, caregiversupport and bereavement services in NorthernOhio.
David SimpsonCEO
5MENORAH PARK CENTER FOR SENIOR LIVING27100 Cedar Road, Beachwood 44122(216) 831-6500/www.menorahpark.org
$57.0 $56.8 $56.5 43.0% 96.0% $37,545.2A not-for-profit Medicare/Medicaid certifiedhealth care provider that operates residential andoutpatient services
Steven Raichilsonexecutive director
6VNA HEALTH CARE PARTNERS OF OHIO2500 E. 22nd St., Cleveland 44115(216) 931-1400/www.vnacleveland.org
$51.1 $49.2 $49.2 12.0% 85.0% $24,182.0Home health services to Greater Cleveland andmid-Ohio areas, including hospice, private duty,and physician housecalls
Mary Lou V. Stricklinpresident, CEO
7POSITIVE EDUCATION PROGRAM3100 Euclid Ave., Cleveland 44115(216) 361-4400/www.pepcleve.org
$48.4 $43.9 $45.3 3.0% 90.0% $15,389.3To help troubled and troubling children and youthsucessfully learn and grow through the Re-EDapproach
Frank A. Fecserexecutive director
8PLAYHOUSE SQUARE FOUNDATION1501 Euclid Ave., Suite 200, Cleveland 44115(216) 771-4444/www.playhousesquare.com
$47.4 $46.3 $51.0 11.0% 79.0% $57,554.6To operate a performing arts center and helprestore and develop the Playhouse Squaredistrict
Art Falcopresident
9UNITED WAY OF GREATER CLEVELAND1331 Euclid Ave., Cleveland 44115(216) 436-2100/www.uws.org
$46.0 $45.7 $48.1 98.0% 82.0% $42,250.0 The largest private funder of health and humanservices in Greater Cleveland
K. Michael Benzpresident, CEO
10THE MUSICAL ARTS ASSOCIATION11001 Euclid Ave., Cleveland 44106(216) 231-7300/www.clevelandorchestra.com
$41.7 $39.0 $39.0(2) 39.9% 84.3% $186,102.0
To provide inspirational experience by servingthe art of music at the highest level of artisticexcellence.
Gary Hansonexecutive director
11THE CLEVELAND MUSEUM OF ART11150 East Blvd., Cleveland 44106(216) 421-7340/www.clevelandart.org
$33.1 $29.5 $29.5 83.0% 17.0% $779,500.0To provide a collection of artworks representingthe highest aesthetic achievement of individualsand civilizations for the benefit of the public
Timothy Rubdirector, CEO
12MONTEFIOREOne David N. Myers Parkway, Beachwood 44122(216) 360-9080/www.montefiorecare.org
$31.4 $29.4 $30.7 39.0% 89.0% $28,936.0To provide a comprehensive system of healthcare and wellness support services to olderadults
Lauren B. Rockpresident, CEO
➤➤
CCLB 12-31-07 A 58 CCLB 12/14/2007 11:26 AM Page 1
DECEMBER 31, 2007-JANUARY 6, 2008 WWW.CRAINSCLEVELAND.COM CRAIN’S CLEVELAND BUSINESS 59
Rank
NameAddressPhone/web site
Expenses2007
(millions)
Expenses2006
(millions)
Totalrevenue
2006(millions)
Incomefrom
privatesupport
Incomefor
programservices
2006 Fundbalance
(thousands) Purpose Top local executive
13JUDSON AT UNIVERSITY CIRCLE2181 Ambleside Drive, Cleveland 44106(216) 791-2004/www.judsonsmartliving.org
$30.4 $29.4 $32.6 83.0% 95.0% $24,250.0To provide programs and living options forindividuals taking responsibility for theirsuccessful aging experience
Roy CallJohn K. Jones
14ORIANA HOUSE INC.P.O Box 1510, Akron 44309(330) 535-8116/www.orianahouse.org
$29.0 $28.5 $28.8 1.0% 92.0% $8,000.0 Community corrections programs and chemicaldependency treatment
James J. Lawrencepresident, CEO
15CLEVELAND FOODBANK15500 South Waterloo Road, Cleveland 44110(216) 738-2265/www.clevelandfoodbank.org
$29.0 $28.8 $28.4 88.0% 93.0% $2,162.2To alleviate hunger by providing food andsupport to community organizations that feedthe hungry
Anne CampbellGoodmanexecutive director
16COMMUNITY CARE NETWORK INC.2202 Prame Ave., Cleveland 44109(216) 688-4114/www.ccnworks.org
$28.4 $26.0 $23.6 9.0% 80.0% $8,788.2 NA David LundeenCEO
17BEREA CHILDREN'S HOME & FAMILY SERVICES202 E. Bagley Road, Berea 44017(440) 234-2006/www.bchfs.org
$27.6 $27.0 $28.9 16.0% 90.0% $18,267.0To provide an integrated system of effectivebehavioral health and family support services tochildren, families and adults
Richard R. Frankpresident, CEO
18WESLEYAN SENIOR LIVING807 West Ave., Elyria 44035(440) 284-9000/www.villageliving.com
$26.0 $25.6 $24.4 50.0% 90.0% $23,000.0 To provide housing and services to aging adults NA
19BEECH BROOK3737 Lander Road, Cleveland 44124(216) 831-2255/www.beechbrook.org
$23.2 $22.3 $22.3 12.0% 88.0% $36,918.3To advance the emotional well-being of children,youth and their families by providing effectivebehavioral health services
Debra RexCEO
20COLEMAN PROFESSIONAL SERVICES5982 Rhodes Road, Kent 44240(330) 673-1347/www.coleman-professional.com
$22.9 $19.9 $20.4 74.0% 90.4% $4,369.4Provider of behavioral health and rehabilitationprograms that improves the lives of individuals,families, and businesses in Northeast Ohio
Nelson W. Burnspresident, CEO
21JEWISH FAMILY SERVICE ASSOCIATION OF CLEVELAND3659 S. Green Road, Suite 322, Beachwood 44122(216) 504-2600/www.jfsa-cleveland.org
$22.4 $21.0 $21.6 23.0% 82.0% NA To strengthen individuals and families at everystage of life
Susan Bichselinterim CEO
22VOCATIONAL GUIDANCE SERVICES2239 E. 55th St., Cleveland 44103(216) 431-7800/www.vgsjob.org
$20.6 $21.9 $21.4 6.4% 93.6% $19,700.0 Preparing people with barriers to employment fora brighter future
Robert E. Comben Jr.president, CEO
23CENTER FOR FAMILIES AND CHILDREN4500 Euclid Ave., Cleveland 44103(216) 432-7200/www.c4fc.org
$20.3 $19.1 $19.1 30.0% 84.0% $41,481.5To strenthen community one person at a time byproviding exceptional human services to fosterhope, dignity and purpose
Sharon Sobol Jordanpresident, CEO
24LAUREL LAKE RETIREMENT COMMUNITY200 Laurel Lake Drive, Hudson 44236(330) 650-2100/www.laurellake.org
$20.2 $19.9 $21.5 92.0% 95.0% NATo enhance the quality of life for adults byencouraging wellness, self-determination andindependence
David A. Osterexecutive director
25APPLEWOOD CENTERS INC.2525 E. 22nd St., Cleveland 44115(216) 696-5800/www.applewoodcenters.org
$18.4 $18.1 $17.5 16.9% 86.7% $27,200.0To provide behavioral health care for children,youth and families so they can have morerewarding lives
Roberta L. KingCEO
26ASM INTERNATIONAL9639 Kinsman Road, Materials Park 44073(440) 338-5151/www.asminternational.org
$17.6 $17.4 $17.4 0.0% 100.0% $25,026.0To benefit the materials community by providingscientific, engineering, and technical knowledge,education and professional development
Stanley C. Theobaldmanaging director
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CCLB 12-31-07 A 59 CCLB 12/14/2007 11:26 AM Page 1
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Bank branches in Middlefield • Chardon • Garrettsville • Mantua • Newbury • Orwell • Cortland
LARGEST NONPROFITSRANKED BY 2007 EXPENSES (1)
Rank
NameAddressPhone/web site
Expenses2007
(millions)
Expenses2006
(millions)
Totalrevenue
2006(millions)
Incomefrom
privatesupport
Incomefor
programservices
2006 Fundbalance
(thousands) Purpose Top local executive
27JENNINGS CENTER FOR OLDER ADULTS10204 Granger Road, Garfield Heights 44125(216) 581-2900/www.jenningscenter.org
$17.2 $16.2 $17.8 2.1% 100.0% $13,072.0A Catholic-based continuum of care campus forseniors; assisted living, adult day services,Alzheimer's/dementia care, long-term nursingcare
Jerry Weissfeld
28YMCA OF GREATER CLEVELAND2200 Prospect Ave., Suite 900, Cleveland 44115(216) 344-0095/www.ymcacleveland.org
$16.7 $17.8 NA NA NA NA To promote the development of spirit, mind andbody; to put Christian principles into practice
Glenn Haleypresident, CEO
29THE NORD CENTER6140 S. Broadway Ave., Lorain 44053(440) 233-7232/www.nordcenter.org
$16.6 $16.7 $16.3 10.0% 90.0% $288.2A comprehensive educational andrecovery-driven behavioral health center, servingthe residents of Lorain County
Daniel R. Haightinterim executivedirector
30VOLUNTEERS OF AMERICA OF GREATER OHIO8225 Brecksville Road, Suite 206, Brecksville 44141(440) 717-1500/www.voago.org
$16.4 $14.6 $13.9 57.8% 73.5% $11,629.0Spiritually based human services organizationproviding social services that promoteself-sufficiency and foster independence
Dennis J. Kresakpresident, CEO
31CLEVELAND HOUSING NETWORK2999 Payne Ave., Room 306, Cleveland 44114(216) 574-7100/www.chnnet.com
$16.2 $17.7 $17.7 65.0% 94.0% $16,760.0To develop affordable housing for low- tomoderate-income families and provide homeownership opportunities
Robert S. Curryexecutive director
32OHIO AEROSPACE INSTITUTE22800 Cedar Point Road, Brook Park 44142(440) 962-3000/www.oai.org
$15.5 $19.1 $19.6 4.3% 91.0% $8,161.9Enhance and expand Ohio's aerospacecapabilities through research and technologypartnerships, education and training
Michael L. Heilpresident, CEO
33GOODWILL INDUSTRIES OF GREATER CLEVELAND ANDEAST CENTRAL OHIO INC.408 Ninth St. SW, Canton 44707(800) 942-3577/www.goodwillclevecanton.org
$15.5 $13.0 $15.7 NA NA NATo improve the quality of life and employmentopportunities for people in the communities weserve
Ken Weberpresident, CEO
34GOODWILL INDUSTRIES OF AKRON570 E. Waterloo Road, Akron 44319(330) 724-6995/www.goodwillakron.org
$15.1 $13.9 $14.1 72.0% 84.0% $8,834.7 To help individuals prepare for, find and retainemployment
Nancy Ellis McClenagpresident
35THE SALVATION ARMY OF GREATER CLEVELAND1710 Prospect Ave., Cleveland 44115(216) 781-2331/www.salvationarmycleveland.org
$14.9 $15.6 $15.3 60.0% 84.0% $771.8 Religious organization Major Richard Gulleyarea coordinator
36MAGNET4600 Prospect Ave., Cleveland 44103(216) 432-5300/www.magnetwork.org
$14.0 $10.9 $11.5 57.0% 87.0% $7,091.6 To support, educate and championmanufacturing in Northern Ohio NA
37ELIZA BRYANT VILLAGE7201 Wade Park Ave., Cleveland 44103(216) 361-6141/www.elizabryant.org
$13.0 $12.8 $12.8 5.0% NA NAA comprehensive provider of senior outreachservices, housing, skilled nursing home, andoutpatient therapy
NA
38THE BENJAMIN ROSE INSTITUTE11900 Fairhill Road, Suite 300, Cleveland 44120(216) 791-8000/www.benrose.org
$12.8 $16.0 $12.1 80.0% 99.0% $122,757.0To advance the health, independence and dignityof older adults by raising the standards forquality of care
Richard Browdiepresident, CEO
39MENTAL HEALTH SERVICES FOR HOMELESS PERSONS1744 Payne Ave., Cleveland 44114(216) 623-6555/www.mhs-inc.org
$12.4 $11.4 $13.1 20.0% 87.0% $2,842.3Helping people gain control of their lives byforging solutions that resolve mental healthcrises, and end homelessness
Steven M. Friedmanexecutive director
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