Displaying items tagged: Charter Capital Partners
Charter Capital adds equity partners as part of long-term succession plan
GRAND RAPIDS — Bringing on two more equity partners gives Charter Capital Partners a deeper leadership bench to share management responsibilities as part of a long-term succession plan.
Execs partner with Charter Capital to form M&A advisory firm for lower middle market
GRAND RAPIDS — Partners in a new investment bank and M&A advisory firm in Grand Rapids are targeting opportunities in what they see as an underserved segment in the lower end of the
MiBiz Growth Report: Nov. 21, 2022
Below is a snapshot of growth activity that was published in our Nov. 21, 2022 print edition.
West Michigan Tree Services sells to PE-backed firm
GRAND RAPIDS — West Michigan Tree Services, an operating company of Grand Arbor Group Inc. of Grand Rapids, has been acquired by a New Bedford, N.Y.-based professional tree and shrub care company.
Return-to-office uncertainty softening orders for furniture giants
The office furniture industry’s two largest players expect slower sales but also growth in the near term as employers face an uncertain economy and they reshape their offices to accommodate hybrid work models.
Inflation, interest rates, global conflict complicate M&A outlook
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.
M&A Awards: ‘Finding the right buyer’ is mission critical for Charter Capital’s Streekstra
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.
M&A Awards: Spike in gardening interest spurred MasterTag sale
Facing a surge in demand for its products over the last couple of years, Rick Hughes saw a need to significantly expand his business.
MiBiz Growth Report: February 14, 2022
Here is a snapshot of company activity from our February 14, 2022 print edition.
Charter Growth Capital acquires minority stake in Lambert & Co.
GRAND RAPIDS — Charter Growth Capital Fund has acquired a minority stake in Grand Rapids-based public relations and investor relations firm Lambert & Co.
Michigan Capital Network aims to raise $25M for fourth VC fund
GRAND RAPIDS — Michigan Capital Network plans to form a fourth venture capital fund.
Public filings shine unusual spotlight on $1.8B Herman Miller-Knoll deal
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.
MiBiz Growth Report: April 25, 2021
Here is the MiBiz Growth Report for April 25, 2021.
Charter Capital Partners finds niche with middle-market companies
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 Angels taps Dale Grogan as managing partner to expand reach across state
GRAND RAPIDS — The new managing partner for Grand Angels looks to tap his statewide contacts to build a bigger presence among early-stage investors.
MiBiz Growth Report: December 6, 2020
Here's the MiBiz Growth Report for December 6, 2020.
Grand Angels names Dale Grogan as new managing partner
GRAND RAPIDS — Angel investor group Grand Angels has named Dale Grogan as its new managing partner.
Private equity firm acquires controlling interest in Grand Rapids cleanroom producer
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.
M&A deals for distressed companies expected to pick up in months ahead
The COVID-19 pandemic that slammed the economy this spring could generate more M&A deals in the months ahead.
New $160M COVID-19 vaccine contract ‘takes GRAM to the next level’
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.”
VNN Inc. co-founder steps down from VC-backed startup after ‘passions changed’
Ryan Vaughn can count many accomplishments over the last decade after co-founding and scaling VNN Inc., originally known as Varsity News Network.
MiBiz Growth Report: May 27, 2020
Here is the MiBiz Growth Report for May 27, 2020.
MSU Foundation to manage state-backed $5.5M pre-seed fund
The Michigan Economic Development Corp. plans to put $3 million into a capital fund that will invest in early-stage technology companies.
Charter Growth Capital mezz fund invests in Traverse City Products
GRAND RAPIDS — Charter Growth Capital Fund co-invested along with Birmingham-based lead investor Colfax Creek Capital LLC in Traverse City Products LLC.
Virus concerns drive additional due diligence in M&A transactions
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: March 15, 2020
MiBiz Growth Report for March 15, 2020.
Charter Capital forms fund to invest in craft distillery
GRAND RAPIDS — An interested investor led Charter Capital Partners to form a small fund for investors to put money into a craft distiller.
MiBiz growth report: March 1, 2020
Here is the MiBiz growth report for March 1, 2020.
Charter Capital advises UP bank in $42 million acquisition
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.
M&A Roundtable: Buyers continue chasing deals as limited inventory of quality sellers persists
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.