GRAND RAPIDS — An M&A firm catering to small businesses took on a new name as it began to pick up clients and reach out nationally.
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.
West Michigan companies remain active in the M&A market as they seek out growth, expansion and new lines of business. This special report examines the outlook for 2018 and offers a look back at activity last year.
MIDLAND — As Chemical Financial Corp. moves toward closing its latest and largest acquisition, David Ramaker remains open to additional deals that would further expand the bank’s footprint in the Midwest.
The list of most-read stories on MiBiz.com for the first half of 2016 has a decidedly real estate and retail-related theme.
Here is the MiBiz Growth Report for May 31, 2016.
- M&A: Sun Capital Partners Inc., a Florida-based private equity firm, has acquired convenience store operator Admiral Petroleum Co. and Lemmen Oil Co. in Coopersville. Admiral operates 130 Admiral gas stations and convenience stores in Michigan and Indiana, plus nine under the Lemmen brand name. Terms of the deal were not disclosed. Sun Capital named Jeff Turpin, a 20-year veteran of the convenience store industry, as CEO. Turpin previously served as chairman and CEO of VPS Convenience Store Group, a former portfolio company of Sun Capital.