Philadelphia Business Journal
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Hospital Honor Roll: Three Montgomery County Hospitals Are Among Best in Region
Three Montgomery County hospitals have been ranked among the twenty best hospitals in the Philadelphia region by U.S. News &…
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East Norriton-based Gambone Group Unloads Portfolio of 43 Industrial Buildings in Montco for $210M
Taking advantage of the market that is putting the prices for warehouse and flex properties at unprecedented levels, Gambone Group…
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“MillerKnoll” Emerges After Herman Miller Completes Acquisition of East Greenville-based Knoll
Herman Miller has completed its $1.8 billion acquisition of East Greenville-based Knoll and decided that the merged company will be…
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Conshohocken-based AmerisourceBergen Agrees to Pay State of New York Billions in Opioid-Related Settlement
Conshohocken-based AmerisourceBergen along with two other pharmaceutical wholesalers, Cardinal Health and McKesson, have agreed to pay up to $1.179 billion…
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Conshohocken-based Integress Acquired by Cloud Professional Services Company with Global Reach
Integress, a data analytics firm based in Conshohocken, has been acquired by Denver-based AllCloud, a professional services company with a…
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Second Time Around: Financially Troubled Tower Health Receives Offer from Joint Venture
After previously deciding against bidding for the financially troubled Tower Health, Lehigh Valley Health Network and StoneBridge Health have reconsidered.…
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Hotel Industry Starting to Rebound, Yet Two Montgomery County Hotels Are Up For Auction
As the hotel industry looks to rebound, two local hotels that went through foreclosure before the pandemic will go up…
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Pennsylvania Turnpike Commission Gives Green Light to Increase Tolls for 2022
The Pennsylvania Turnpike Commission has approved a five percent toll increase for both E-ZPass and Toll by Plate customers for…
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Initiatives Help Minority-Owned Businesses in Philly Region Navigate the Pandemic
When a group of more than 150 Black-owned hair salons and barbershops in the region found themselves struggling during the…
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King of Prussia Building That Houses Qlik Sells for $25.8M
Jack Lingo Asset Management, a Rehoboth Beach-based real estate company, has entered the Philadelphia office market with the acquisition of…
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Holiday Flights at Philadelphia International Airport Nearly Double What They Were in 2020
U.S. airports did a lot better for the Fourth of July holiday in 2021 than a year ago, but travel…
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Royal Athena in Bala Cynwyd Trades for $60M
Royal Athena, a 275-unit apartment complex in Bala Cynwyd, has been acquired by an affiliate of Harbor Group International for…
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Malvern Hospitality Firm Plans Family-friendly Hooters Spinoff, ‘Hoot Wings,’ Across Philadelphia Region
Malvern-based ANZ Hospitality plans to open 16 locations of family-friendly Hooters spinoff across the Philadelphia region by 2026, writes Leanna…
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Quakertown’s Distillery Drama: Bankruptcy Filing Yields Betrayals, Tantrums, and Threats
A recent Bucks County bankruptcy has taken on all the intrigue of a prime-time soap opera. Quakertown’s Midnight Madness Distilling LLC, producer of…
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Avenues Recovery Center Acquires Valley Forge Medical Center in East Norriton
Avenues Recovery Center is continuing its growth through the acquisition of Valley Forge Medical Center in East Norriton, writes John…
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Blue Bell-based Myota Raises $3.65M in Financing Round
Blue Bell-based Myota has raised $3.65 million in a financing round led by PACA Ventures, writes Kennedy Rose for the…
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Real Estate Transactions Reach New Milestones in Montgomery County, Especially in Lower Merion and Kulpsville
Real estate transactions in Montgomery County continue to take place uninterrupted despite the pandemic, writes Natalie Kostelni for the Philadelphia…
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Cole Hamels Puts His World Series of a Home Up for Sale in Newtown Square
Ever wanted to live in the home of a World Series MVP? Now’s your chance. Former Philadelphia Phillies All-Star pitcher…
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