Displaying items by tag: Charter Capital Partners
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.
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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.
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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.
Charter Capital mezz fund invests in Ann Arbor firm
GRAND RAPIDS — Charter Growth Capital Fund has invested in All Star Driver Education LLC, an Ann Arbor provider in driver education.
JSJ Corp. sells Dake to PE-backed Laguna Tools
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.
Keystone Solutions eyes continued growth with Charter Growth Capital investment
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 mezz fund invests in Keystone Solutions
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.
Charter Capital Partners, MERS invest in Pennsylvania medical device maker
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.
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.
PE investment positions GRAM for additional growth
A recapitalization in late 2010 put Grand River Aseptic Manufacturing Inc. on the path to triple-digit annual growth.
Time to Act? Advisers tell clients to accelerate transaction timelines to take advantage of strong valuations
Mergers and acquisition activity remained strong in West Michigan through the third quarter, as many sellers opted to go to market while they can still get a good price for their businesses.
Sell Local: Initiative asks business owners to consider preserving local ownership when looking to exit
One West Michigan adviser hopes to channel the cultural shift toward localism into corporate succession planning by helping business owners preserve local ownership of their companies after an exit.
Grand Angels targets up to $25 million for new VC fund
GRAND RAPIDS — Investment firm Grand Angels plans to launch its third venture capital fund, MiBiz has learned.
New fund model opens VC investing options to wealth advisers
GRAND RAPIDS — The newest investment fund in West Michigan offers a new model for individual investors to take their first steps into the world of venture capital.
BUYING SPREE: With flurry of deals, office furniture companies seek to fill product gaps
Whether via acquisition or partnership agreements, West Michigan’s office furniture makers are looking to fill product holes with their recent spate of deals.
Chicago PE firm acquires majority stake in Grand Rapids health care auditing company
GRAND RAPIDS — SpendMend LLC, a company that provides spending visibility and audit and recovery services to the health care industry, sold a majority stake to Chicago-based private equity firm Sheridan Capital Partners.
Advisers expect strong deal flow for 2018, despite talent, geopolitical challenges
M&A activity should remain strong in 2018 and perhaps get a push from federal tax reform.
Private equity deal positions Grand River Aseptic Manufacturing for growth
GRAND RAPIDS — Grand River Aseptic Manufacturing Inc. was struggling in late 2010 when a group of West Michigan investors put up $5 million to acquire the company’s assets.