Sunday, 11 November 2018 22:07

MiBiz Growth Report: Nov. 12, 2018

Here is the MiBiz Growth Report for Nov. 12, 2018.

Published in Finance

GRAND RAPIDS — A lukewarm initial public stock offering by drinkware and cooler-maker Yeti Holdings Inc. spelled a smaller-than-expected payout for a prominent West Michigan family office. 

Published in Finance

GRAND RAPIDS — Even when it first acquired Dickinson Press LLC more than three years ago, Blackford Capital saw Brainerd, Minn.-based CJK Group Inc. as a potential buyer.

Published in Finance

Seven credit unions in Michigan plans to open a new trust bank late in the first quarter of 2019 after receiving approval from state regulators.

 

Published in Finance

MiBiz, in conjunction with the Association for Corporate Growth of Western Michigan, highlighted the winners and finalists of the 2018 M&A Deals and Dealmakers of the Year Awards on Oct. 28 at the Gerald  R. Ford Presidential Museum in Grand Rapids. 

Published in Finance

The Michigan Strategic Fund steered additional money into two capital funds that support high-tech startups and growing small businesses in the state.

The Invest Michigan Pre-Seed Fund II received $3 million to invest in startups through loans or equity. Grow Michigan LLC will receive $9.6 million for a second mezzanine-style fund that will provide loans to growing small businesses.

Published in Small Business

An already strong M&A market could get even more competitive in 2019, driven by a good U.S. economy and plenty of available capital.

Published in Finance

The spring acquisition of TCSB Bancorp Inc. in Traverse City, combined with strong loan growth, drove earnings higher for Independent Bank Corp. in the third quarter.

Published in Finance

Strong loan growth drove Independent Bank Corp. to higher earnings for the third quarter.

Published in Breaking News

ChoiceOne Financial Services Inc. recorded higher earnings of $1.7 million, or 50 cents per share, for the third quarter. The quarterly result compares with $1.6 million, or 50 cents per share, during the same period a year earlier.

Published in Breaking News
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