BizJournal 💲📰

A St. Louis-area pest control business has been acquired by PestCo Holdings LLC, a growing portfolio company of locally-based private equity firm Thompson Street Capital Partners.

A Clayton-based counseling firm with 26 clinicians filed Chapter 11 bankruptcy in an effort to restructure about $757,000 in debt.

The city of St. Louis on Tuesday began demolition of the former jail known as the workhouse.

High Fidelity Brands, a St. Louis-based, vertically integrated cannabis firm that operates dispensaries as Kind Goods, plans this summer to open its new location in the building that previously housed Bobby’s Place.

FutureFuel Corp., a St. Louis-based manufacturer of custom and performance chemicals and biofuels, had undergone operations and personnel changes prior to a delay in releasing its most recent financial results.

The total compensation of Managing Partner Penny Pennington climbed to $29.1 million. That came as the firm's income rose 23%, but also as home office layoffs loom.

Graybar, the Clayton-based distributor of electrical, communications and data networking products, said it booked record net sales for 2024, although net income declined.

A St. Louis-based public company specializing in video and data compression technology has opened a research and testing facility.

When Missouri Attorney General Andrew Bailey took office in January 2023, he inherited a pile of more than 200 unfilled open records requests left over from his predecessor. Some of the requests had been languishing for more than a year before Bailey took over. It wasn’t a good look for the state official specifically empowered to enforce the Missouri Sunshine Law. To tackle the backlog, Bailey assigned new staff to the problem and implemented a policy to work through requests on a first-come,…

The Wedge, Alton's multimillion-dollar innovation hub, will be led by a former U.S. Air Force colonel.

A St. Louis-area entrepreneur intends to launch an app to streamline the user experience of major social media sites, removing advertisements so users only see posts from accounts they follow.

Jim’s Formal Wear's majority owner has sold the company to its employees through an employee stock ownership plan. So far, about 350 of the companies employees have qualified for the ESOP, through which they'll receive their shares over six years.

Utah-based cookie franchisor Crumbl Cookies is opening a concession stand at Busch Stadium.

UniGroup, the privately held, billion-dollar moving giant based in Fenton, recently made some changes to its top leadership.

Chain retailer Forever 21 is liquidating as part of its second bankruptcy. Several of its St. Louis-area stores will close.

Walgreens, the Chicago-based retail drug store chain whose parent company recently announced it's going private, has added another St. Louis-area store to its list of planned closures.

Every year in March, Citi recognizes Women’s History Month and International Women’s Day by celebrating the contributions of women and allies around the world. Locally, Citi St. Louis enhanced its partnership with FOCUS St. Louis to develop a Women in Leadership (WIL) cohort for women employees of Citi. Now in its second year, previous WIL graduates lead the selection of the incoming cohort and seek to further empower an ongoing, and growing, powerhouse of advocates for the St. Louis area. It…

At least 13 people are dead and thousands were left without power Saturday morning after multiple expected tornadoes moved through Missouri on Friday night. Missouri Gov. Mike Kehoe said initial reports indicated as many as 19 tornadoes hit the state Friday night, but the only agency that can verify tornado touchdown claims is the National Weather Service. NWS survey crews deployed on Saturday and Sunday to assess the damage caused by the storm. The survey crews traveled to areas where damage was…

A St. Louis-based company known for its work in Alzheimer's and neurological testing can expand its footprint, thanks to a $10 million investment from several life sciences companies under South Korean company Samsung.

A fast-growing drive-thru coffee chain has set the opening date for its first St. Louis-area location.