Displaying items tagged: Auxo Investment Partners
Helminski closes transformative $100M Michigan Opportunity Fund for Auxo
Jeff Helminski of Auxo Investment Partners was sitting in his downtown Grand Rapids office in May 2020, during the early days of the pandemic, when his phone rang with a cold call from a prospective investment partner.
Auxo Investment Partners expands wire harness platform with 2 acquisitions
GRAND RAPIDS — Auxo Investment Partners has acquired two manufacturers that produce custom wire harnesses, cable assemblies.
DeVos-backed Michigan Opportunity Fund raises $100M to invest in companies statewide
GRAND RAPIDS — The $100 million private equity fund created to invest in Michigan-based companies has completed its fundraising and now turns its attention to deploying the capital over the next few years.
Auxo Investment Partners sells New Orleans barge transport firm
GRAND RAPIDS — Private equity firm Auxo Investment Partners has sold a New Orleans-based barge transportation company that it acquired five years ago.
MiBiz Growth Report: July 5, 2022
Here is the MiBiz Growth report for July 5, 2022:
Economic disruptions create M&A ‘inflection point’ at midyear
The mergers and acquisitions market enters the second half of 2022 facing a stack of issues that may affect deal flow and how transactions are structured.
Auxo Investment Partners makes strategic acquisition of Indiana manufacturer
Grand Rapids private equity firm Auxo Investment Partners has acquired an Indiana-based manufacturer of braided lacing tapes, twines, cords and sleeving for the electrical, defense and aerospace markets.
Walker-based Altus expands production of in-demand telehealth mobile workstations
WALKER — Technology workstation manufacturer Altus Industries Inc. has expanded one of its marquee product lines as demand for telehealth solutions continues to rise across the country.
ESG reporting becomes mainstream as companies seek investors, talent
SpartanNash Co. last month released its first Environmental, Social and Governance (ESG) report to track its corporate responsibility efforts, the start of what CEO Tony Sarsam called a “transformational journey” for the Byron Center-based grocery retailer and food distributor.
Auxo Investment Partners acquires California wire and cable assembly firm
Grand Rapids investment firm Auxo Investment Partners has acquired Golden State Assembly Inc., a wire and cable assembly and harness manufacturer based in Fremont, Calif.
MiBiz Growth Report: February 14, 2022
Here is a snapshot of company activity from our February 14, 2022 print edition.
Auxo Investment Partners acquires Dowagiac rivet manufacturer specializing in trucking industry
GRAND RAPIDS — Private equity firm Auxo Investment Partners will add to its existing capabilities in the faster space with the acquisition of a Michigan-based manufacturer of rivets.
Auxo continues rail sector growth with latest acquisition
Auxo Investment Partners reached further into the rail industry with the acquisition of Ferrovia Services LLC, an Auburn, Ala.-based railroad vegetation management company.
Auxo Investment Partners acquires railroad maintenance company, expects further growth in sector
GRAND RAPIDS — Private equity firm Auxo Investment Partners has entered the railroad business with the acquisition of maintenance company Genesis Rail Services LLC.
Auxo Investment Partners acquires mobile workstation manufacturer Altus Industries
Grand Rapids private equity firm Auxo Investment Partners has acquired Altus Industries Inc., a Walker-based designer and producer of workstations for the health care industry.
MiBiz roundtable: M&A experts forecast strong deal flow in post-pandemic rebound
Mergers and acquisitions should remain strong through 2021 — driven by several factors affecting deal flow — although finding a good deal may come with a high price for buyers.
DeVos-backed PE fund to support Michigan companies
GRAND RAPIDS — A West Michigan capital investment fund that involves the family office for Doug and Maria DeVos wants to make long-term investments across a variety of industries with a goal of preserving and growing local companies and jobs.
Auxo Investment Partners manages international complexities in 2020 deal
The team at Grand Rapids-based private equity firm Auxo Investment Partners has a saying that every deal has to die once before it closes.
MiBiz Growth Report: November 8, 2020
Here is the MiBiz Growth Report for November 8, 2020.
Auxo Investment Partners adds to portfolio of cutting die manufacturers
Grand Rapids-based private equity firm Auxo Investment Partners continued its investment in cutting die manufacturers with a recent acquisition.
Pandemic distorts the market as manufacturing M&A deals rebound
Jeff Helminski’s private equity firm has an internal goal of sourcing 20 qualified deals each week.
M&A firms say deal activity is rebounding after pandemic slow-down
M&A activity that declined sharply in the second quarter as the COVID-19 pandemic took hold and slammed the economy appears to have started rebounding after mid-year.
VC, PE firms steer companies through crisis
The COVID-19 pandemic that dismantled daily routines and hammered the economy has forced investors to pivot along with the companies they back financially.
MAKING THE CASE: Preserving local ownership a priority as West Michigan firms attract heightened PE interest
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.
M&A Awards: Helminski pilots Auxo to grow companies while maintaining what’s ‘sacred’
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.
Auxo Investment Partners acquires majority stake in Muskegon marine transporter
Private equity firm Auxo Investment Partners moved deeper into the marine transportation business with an investment in Muskegon-based Andrie Inc.
M&A Outlook: Despite higher interest rates, M&A advisers remain bullish on deal flow for 2019
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/PE Roundtable: Advisers see strong M&A market ahead, even as distressed deals, due diligence ramps up
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.
Aiming Small? Orchard Creek Capital’s deal for Classic Die signals downmarket trend for private equity firm
GRAND RAPIDS — For its first acquisition, Northville-based Orchard Creek Capital LLC targeted an investment in an established, family-owned manufacturing company.
PE firm Auxo acquires SE Michigan stamping manufacturer
Private equity firm Auxo Investment Partners has completed its fifth acquisition in 13 months with a deal for a Warren-based stamping manufacturer.