Community
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Philly-Based Behavioral Health Practice Management Platform Raises $35M in Venture Capital Funding
Philadelphia-based behavioral health practice management platform Ritten has raised $35 million in venture capital funding to expand its business, writes John George for the Philadelphia Business Journal. The funding was led by Kansas City, Missouri-based venture capital firm Five Elms Capital. Meanwhile, existing investors 8VC, Bienville Capital, and Threshold Ventures also participated in the round.…
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Conshohocken’s Cencora Expands Cancer Care Platform with Big Acquisition
Conshohocken’s Cencora is strengthening its footprint in specialty medicine with a new agreement, the company announced in a press release. Cencora will acquire TPG’s equity interest in OneOncology, a physician-led national platform supporting independent oncology practices. The move builds on Cencora’s existing partnership with OneOncology and signals a deeper investment in helping independent cancer specialists…
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Phoenixville-Based Baba’s Brew Cooks Up Kombucha-Infused Skincare Line
Olga Sorzano of Phoenixville’s Baba’s Brew recently announced her newest kombucha venture, A Culture Factory, a skincare line made from kombucha-infused byproducts, writes Kiki Aranita for The Philadelphia Inquirer. Growing up with influence from her grandmother, affectionately called Baba in Russian, chef Sorzano recognized all the benefits that fermentation and kombucha have on gut health.…
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Weekend Wanderer: The Rules of a Broken Arm
There is so much wisdom to be gained from a broken arm. Refrain from breaking your arm chief among that wisdom. I’m going to impart some of that wisdom to you, a spin on the grandmotherly adage to always wear clean underwear. We’ll take it on a timeline because you really have to get crackin’ if you’re planning on breaking your arm there, my friend. …
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Philadelphia’s Largest and Oldest Investment Bank to Shift Focus to Wealth Management, Stock Broking
Janney Montgomery Scott LLC, the largest and oldest investment bank in Philadelphia, will soon exit this realm in favor of focusing exclusively on its wealth advisory business, writes Joseph DiStefano for The Philadelphia Inquirer. The decision to maneuver against its nearly 200-year history as an investment bank and place its emphasis on stock broking comes…
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Major Sale Marks Toll Brothers’ Exit From Apartment Business
Toll Brothers is continuing a major strategic pivot, writes Janelle Ward for The Philadelphia Business Journal. The Fort Washington real estate giant is selling an Atlanta student housing tower for $132 million, exiting the apartment business and doubling down on luxury homebuilding. The property, known as Kinetic, is a 752-bed multifamily tower located near Georgia…
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Stroud Water Research Center Reveals the Impact of Road Salt on Local Waterways
A new study by Avondale’s Stroud Water Research Center has revealed the significant impact of road salt on local waters, writes Susan Phillips for WHYY. Completed this past October, Stroud’s recent study examined the salt content in over 1,200 locations, mostly local streams. Citizens and community partners conducted the research, which marked the fall first…
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Pennsylvania May Be the Next State to Ban Cellphones in Schools
Pennsylvania may be the next state to ban cellphone use in schools, joining half the country, if the Senate Bill 1014 passes through the General Assembly, writes Chris Ullery for the Bucks County Courier Times. According to the bill, school districts would be required to prohibit students’ cellphone usage during school hours. Exceptions would be…
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Wawa Grabs Expensive Bucks County Liquor License in Pennsylvania Auction
Pennsylvania liquor licenses don’t come cheap. Wawa emerged this week as the winning bidder in a Pennsylvania Liquor Control Board auction for two expired restaurant liquor licenses. It paid $170,000 for a license in Bucks County. A second license for Delaware County was purchased for $300,000, double the average winning bid, writes Mike Newall for…
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Steven Singer Jewelers Expands with New Store in Village at Newtown
Steven Singer Jewelers has soft-launched its new location for a holiday preview in the Village at Newtown shopping center next door to The Capital Grille, writes Jeff Werner for Patch. “Get pumped because we are offering the same exceptional service and stunning jewelry from Philadelphia’s Jewelers Row to our friends in Bucks County,” said the owner, Steven Singer. …
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Bucks County-Based Startup Gives Software Upgrades to Veterinary Hospitals
When Caleb Frankel, an emergency room veterinarian from Bucks County, saw a gap in software technology in specialty veterinary hospitals, he decided to come up with a solution, writes Holly Quinn for Technical.ly. “This is a company born out of my own frustration,” said Frankel. “Which, as it turns out, is a great way to start a company.” …
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Meridian Bank House of the Week: $2.2M Historic Dual-Residence Estate in Washington Crossing
A historic home, known as the Matthias Harvey Estate, offering two residences on 3 acres, is available for sale in Washington Crossing. The main residence, the Canal House, dates back to 1709 and has been carefully updated to balance modern comfort with preserved period character. . . Inside, the home features three bedrooms and three-and-a-half bathrooms, with original pumpkin pine floors,…
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Doylestown Band Returns to Puck Live by The Great Barn for Holiday Event
The Doylestown rockers Ceramic Animal are returning to Puck Live by The Great Barn this Saturday, Dec. 20, for their holiday extravaganza, Tinkertown III. The all-ages show will be indoors, and doors will open at 7 PM. From the band’s signature psych-pop twists on Christmas classics and special guest appearances, to exclusive merch and unforgettable on-stage banter, the Tinkertown shows have become an annual holiday staple. This…
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Pennsylvania’s Problem Gambling Helpline Sees Record Number of Calls in 2025
For many Pennsylvanians who struggle with a gambling addiction, the state’s problem gambling hotline is a valuable resource to find support, writes Isaac Avilucea for AXIOS. This year, the helpline has reached its record number of calls, with over 2,700 through November, according to data from the Council on Compulsive Gambling of Pennsylvania. This is double the amount of calls received in 2020 and tops…
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Malven-Based Meridian Bank Opens Full-Service Branch in Bonita Springs
Meridian Bank has opened a new full-service branch in Bonita Springs, Fla. This expansion builds on the success of Meridian’s Loan Production Office, which opened in Bonita Springs in 2022 to serve the growing commercial lending needs of the region. The new full-service branch, located at 12611 Bonita Beach Road, marks another milestone in Meridian…
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Popular Local Burger Chain Sets Sights on the Main Line
A fast-growing regional burger chain is setting its sights on the Main Line, with Gouldsburger’s officially headed to Ardmore, writes Emma Dooling for The Philadelphia Business Journal. The locally founded concept is known for its signature burgers cooked in olive oil, and Montco diners won’t have to wait long to try them. Gouldsburger’s will open…
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How Larry Platt’s Acquisition of Philadelphia Magazine Came To Be
The Philadelphia Citizen’s acquisition of Philadelphia Magazine in October was the culmination of more than a year of talks and negotiations, and it took a number of key business leaders to make it happen, writes Jeff Blumenthal for the Philadelphia Business Journal. In the summer of 2024, Larry Platt received a message from Larry Ceisler,…
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New Survey Reveals How Pennsylvanians Feel About Statewide Rise in Data Centers
A new poll recently revealed how Pennsylvanians feel about the wave of data centers being proposed throughout the state, writes Erin McCarthy for The Philadelphia Inquirer. The survey, conducted by Real Clear Politics and Emerson College, asked Pennsylvania residents how they feel about data centers being built in the state and in their area. Over…
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