Displaying items by tag: Charter Capital Partners

After an active dealmaking year in 2021 that was fueled by private equity, the M&A outlook for 2022 is slightly more clouded as inflation grows to 40-year highs, the Federal Reserve begins bumping up interest rates and Russia’s invasion of Ukraine disrupts financial markets.

Born and raised in West Michigan, Mark Streekstra returned to Grand Rapids in 2019 to join investment banking firm Charter Capital Partners after working deals for nearly 12 years in Chicago at a multinational company. 

Facing a surge in demand for its products over the last couple of years, Rick Hughes saw a need to significantly expand his business.

Here is a snapshot of company activity from our February 14, 2022 print edition.

GRAND RAPIDS — Charter Growth Capital Fund has acquired a minority stake in Grand Rapids-based public relations and investor relations firm Lambert & Co.

GRAND RAPIDS — Michigan Capital Network plans to form a fourth venture capital fund.

As a transformational merger between two office furniture giants heads for final approval, the details of their seven-month courtship offer insight into a deal that could change the industry’s landscape.

Here is the MiBiz Growth Report for April 25, 2021.

Since launching in July 2019, the Charter Growth Capital Fund has made five investments and raised $31 million to make minority investments in growing, middle-market companies that need growth capital.

GRAND RAPIDS — The new managing partner for Grand Angels looks to tap his statewide contacts to build a bigger presence among early-stage investors.

Here's the MiBiz Growth Report for December 6, 2020.

GRAND RAPIDS — Angel investor group Grand Angels has named Dale Grogan as its new managing partner.

GRAND RAPIDS — New York City-based private equity firm ASGARD Partners & Co. has acquired a controlling interest in Angstrom Technology, a Grand Rapids company that designs, builds and maintains modular cleanrooms for clients in North America.

The COVID-19 pandemic that slammed the economy this spring could generate more M&A deals in the months ahead.

GRAND RAPIDS — The $160 million federal contract to produce a COVID-19 vaccine when it’s ready elevates Grand River Aseptic Manufacturing Inc. into what Tom Ross calls the “big leagues.”

Ryan Vaughn can count many accomplishments over the last decade after co-founding and scaling VNN Inc., originally known as Varsity News Network. 

Here is the MiBiz Growth Report for May 27, 2020.

The Michigan Economic Development Corp. plans to put $3 million into a capital fund that will invest in early-stage technology companies.

GRAND RAPIDS — Charter Growth Capital Fund co-invested along with Birmingham-based lead investor Colfax Creek Capital LLC in Traverse City Products LLC.

The coronavirus outbreak that’s battered Wall Street and caused supply chain disruptions for some manufacturers has yet to interrupt transactions, although more conversations are occurring as part of due diligence, according to M&A professionals.

MiBiz Growth Report for March 15, 2020.

GRAND RAPIDS — An interested investor led Charter Capital Partners to form a small fund for investors to put money into a craft distiller.

Here is the MiBiz growth report for March 1, 2020.

GRAND RAPIDS — Charter Capital Partners represented Hancock-based Keweenaw Financial Corp., the parent company of Superior National Bank & Trust, in the $42 million acquisition of North Star Financial Holdings Inc.

ROUNDTABLE: The M&A market ended 2019 in good shape and professionals who work in the field expect dealmaking to remain strong in the new year. 

GRAND RAPIDS — Charter Growth Capital Fund has invested in All Star Driver Education LLC, an Ann Arbor provider in driver education.

GRAND HAVEN — After being part of the JSJ Corp. portfolio of companies for nearly 80 years, metalworking equipment and machine tool maker Dake Corp. has new owners. 

KALAMAZOO — A Grand Rapids mezzanine fund’s investment will enable Keystone Solutions Group to maintain its strong growth trajectory in the years ahead.

Charter Growth Capital Fund, a mezzanine fund formed this past summer by Grand Rapids-based Charter Capital Partners, made its first deal with an investment in Keystone Solutions Group.

GRAND RAPIDS — West Michigan investment banking firm Charter Capital Partners led a $18.3 million financing round in Malvern, Pa.-based Trice Medical Inc. The Series C capital round will go to expand Trice Medical’s commercialization and accelerate the development of its product portfolio.