Locally owned and operated businesses are a unique asset to West Michigan’s economy, but that dynamic is changing as more owners opt to sell to private equity firms that have increasingly targeted the region for deals.
Jeff Helminski, co-founder and managing partner of Auxo Investment Partners in Grand Rapids, successfully leveraged his atypical experience and path into the world of private equity in multiple deals last year.
Private equity firm Auxo Investment Partners moved deeper into the marine transportation business with an investment in Muskegon-based Andrie Inc.
Professionals expect a vibrant M&A market and strong deal flow this year amid easing U.S. economic growth and rising interest rates.
M&A professionals expect the dealmaking market to remain healthy in 2019. That’s one of the conclusions from a panel of executives MiBiz assembled to talk about West Michigan’s mergers and acquisitions sector.
GRAND RAPIDS — For its first acquisition, Northville-based Orchard Creek Capital LLC targeted an investment in an established, family-owned manufacturing company.
Private equity firm Auxo Investment Partners has completed its fifth acquisition in 13 months with a deal for a Warren-based stamping manufacturer.
Closing fundraising for a $50 million private equity fund gives Auxo Investment Partners a year-long breather before preparing to raise capital for a second fund.
GRAND RAPIDS — Auxo Investment Partners closed fundraising for its first fund after netting $50 million from family offices and institutional investors.