Displaying items tagged: Honigman Miller Schwartz and Cohn LLP
If federal regulators want to increase the flow of capital to startups across the U.S., Tim Parker suggests they consider creating a new class of investor.
West Michigan commercial real estate industry insiders see signs of a genuinely healthy market, albeit one that’s likely plateaued.
Here is the MiBiz Growth Report for Feb. 5, 2018
• M&A: Grand Rapids-based Alliance CNC Cutter Grinding Services Inc. was acquired by GWS Tool Group LLC of Tavares, Fla., according to a statement. Alliance CNC is a designer and manufacturer of tight tolerance drills, reamers and micro-tools. With the deal, GWS adds hole-making tool capabilities to its existing focus in round tools, endmills and inserts. Terms of the deal were not disclosed, but Alliance CNC will continue to operate out of its Grand Rapids area plant with its existing management team. GWS Tool Group is a vertically integrated manufacturer of engineered cutting tools for the aerospace, defense, power generation, automotive and medical industries.
MUSKEGON — Citing the high cost of complying with public reporting requirements, Community Shores Bank Corp. plans to deregister its shares with federal securities regulators.
Private equity investors have more capital to deploy today than they have in years.
Detroit-based law firm Honigman Miller Schwartz and Cohn LLP recently launched a formal practice group focusing on the rapidly growing autonomous vehicle industry. The firm, which maintains offices in Grand Rapids, Kalamazoo and Lansing, recently hired Steve Wernikoff to co-chair the practice with Tom Appledorn, a partner in the firm’s intellectual property group. Wernikoff formerly served as an enforcement director for the Federal Trade Commission’s Office of Technology Research and Investigation. MiBiz spoke with Wernikoff and Appledorn about the firm’s goals with the new practice group, the matters it plans to work on and the future of autonomous vehicle technology.
As the pace of technological change intensifies for the automotive industry, suppliers are turning to acquisitions to reshuffle their businesses and prepare for the road ahead.
Bodman PLC became the second Detroit-based law firm to enter the Grand Rapids market in recent months with the opening of a new downtown office.
GRAND RAPIDS — Detroit-based Honigman Miller Schwartz and Cohn LLP wants to build a presence in the Grand Rapids market based on the talent the law firm can attract.
The availability of scientific and executive management talent and the access to later-stage investment capital remain major issues for Michigan’s life sciences industry.
At some point in the coming months, Mark Gurney and directors at Tetra Discovery Partners LLC will decide which road to travel into the future for their company.
GRAND RAPIDS — Software development firm Blue Medora LLC raised nearly $7.5 million in capital in what one expert calls a “tough” but “good” environment for companies seeking investors.
Here is the MiBiz Growth Report for June 13, 2016.
• M&A: National Coatings Inc. in Traverse City was acquired by Color Masters Painting of Raleigh, N.C. Terms of the deal were not disclosed. Established in 1996, National Coatings is a commercial and industrial painting company. Color Masters employs 120 people and will add 160 employees with the acquisition as it targets 2017 sales of $30 million, according to owner and founder Zeb Hadley. M&A firm Calder Capital LLC in Grand Rapids represented National Coatings and sourced the buyer.
Manistique-based Mackinac Financial Corp. will extend its footprint in Wisconsin with a planned acquisition of Niagara Bancorporation.
Mike Damstra’s chance to fill a gap in his company’s service footprint along the lakeshore arose last year when North Ottawa Community Health System came knocking.
The $62 million investment in an Ann Arbor drug developer, the largest-ever venture capital investment in Michigan, has the potential to drive momentum in the state’s investment capital industry going forward.