cleveland: the anatomy of a dealmaking community

In the latest issue of The Deal, Cleveland earns major real estate and attention for its remarkably robust deal-making environment. In a multi-feature special report titled: The Anatomy of a Dealmaking Community, numerous Cleveland companies get major props.

The magazine poses the rhetorical question: "How do deals get done in America?" And answers it with: "This once-powerful industrial center boasts a vibrant network of advisers and investors. This is how it works."

Key points mentioned:

* Cleveland's dealmaking community is surprisingly large and self-sufficient, with an array of both national and regional players.

* There are 21 private equity shops here, which means Cleveland ranks perhaps fifth nationally.

* Several big corporations maintain corporate headquarters here, including Eaton, Sherwin-Williams and Parker Hannifin.

Miller writes: Cleveland is a stellar example of how most deals get done in America. For all its troubles, the city remains the vibrant center of a regional network, with national and international outgrowths, consisting of banks, nonbank lenders, accounting and law firms, private equity shops, some venture capital.

Cleveland's private equity scene has 21 entries, which means the city ranks perhaps fifth nationally, behind New York, Chicago, Los Angeles and Boston. Cleveland's private equity heft far outweighs the local business scene. Riverside heads the list, but the lineup also includes nationally known shops such as Blue Point Capital Partners, Linsalata Capital Partners Inc., Kirtland Capital Partners, Primus Capital Funds and Key Principal Partners Corp.

Other articles in the package deal with Cleveland venture capital firms generally and specifically, as with its coverage of Candlewood Partners LLC.

Read the special report here.