The new financial institutions practice formed by Charter Capital Partners LLC in Grand Rapids seeks to tap into an emerging consolidation trend involving community banks.
Grand Rapids-based Founders Financial Corp. had always expected Founders Bank & Trust to remain an independent community bank, but a key deal for an Ann Arbor lender in January convinced directors to re-evaluate their plans.
Perrigo Co.’s blockbuster $8.6 billion deal for Elan Corp. took just six weeks to put together.
The structure of the “transformational” merger last year that created SpartanNash Inc. set the Byron Center-based company on a course to take advantage of the growing consolidation trend in the supermarket industry.
A year ago, David Kennedy and David Bubnar found themselves facing a major decision.
As the automotive sector continues on the road to recovery, companies in the supply chain have looked for ways to add capacity, either through new facilities or by acquiring other suppliers.
A complementary deal between two manufacturers in the niche of high-end, luxury furniture has paid off for the more than a century-old Kindel Furniture Co. LLC.
Lambert, Edwards & Associates Inc.’s acquisition in April of Lansing-based Sterling Corp. thrust the Grand Rapids-based public relations and investor relations firm into a new service area: public affairs and legislative communications.
Working on Wall Street at JPMorgan Chase & Co., Christopher Roop was asked a few years ago by a colleague if he knew of anyone from his days at the former Bear Stearns who was still looking for work.
In a 13-month period from July 2013 to August 2014, Acrisure LLC completed 25 acquisitions that took the insurance and benefits firm from $40 million in annualized revenue to more than $200 million. At the same time, it expanded its geography from three states to 14.
Gordon Lewis worked on his first bank merger 40 years ago as a first-year associate at Warner Norcross & Judd LLP.
When times were tough, West Michigan advisers found deals were scant and there were but a few investments to arrange.
Since the beginning of 2013, several of the West Michigan region’s public companies have been gobbling up acquisitions at a rapid pace. The half-dozen companies below have been among the most active, completing 30 acquisitions with a combined value of more than $12.9 billion over the past 21 months.
The pendulum has swung and businesses with a good balance sheet will find credit more readily available today than they would have a few years ago, according to a group of West Michigan bankers.
When Garrick Pohl moved Zipments to New York City three years ago, the startup thrust itself into an ideal major metropolitan market to prove out and refine its concept. But as the mobile courier service provider looks to grow, the company is moving its operations back to West Michigan for the region’s talent pool and its affordability.
Grand Angels recently invested in three companies: Ablative Solutions in Kalamazoo, Tetra Discovery Partners in Grand Rapids, and Altus Brands in Grawn, near Traverse City.