Here is the MiBiz Growth Report for Nov. 13, 2017:
• M&A: Wabash, Ind.-based Martin Yale Industries LLC, a portfolio company of Grand Rapids-based private equity firm LV2 Equity Partners LLC, acquired Dry-Lam LLC of Shawnee, Kan., according to a statement. The transaction marked the second bolt-on acquisition for Martin Yale, a manufacturer of print finishing, office and mailroom equipment. Dry-Lam is a distributor of laminating equipment and films to the office product and commercial print finishing industries. Terms of the deal were not disclosed, but Dry-Lam’s distribution center will be relocated to Martin Yale’s Indiana facility.
A forecast for aggressive growth drove Kentwood-based Service Express Inc. to open a 40,000-square-foot office in the city of Grand Rapids.
Computer support and service provider Service Express Inc. has signed a lease for nearly 60,000 square feet of office space in southeast Grand Rapids.
Service Express Inc., a provider of hardware maintenance services for data center infrastructure based in Grand Rapids, acquired Delta Computer Services Inc. in Farmingdale, N.Y.
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.
When Service Express Inc. (SEI) sought a buyer in 2015, owners Michael McCullough and Ed tenHaaf were just looking to retire.
Kraig Harper and other executives at Service Express Inc. began 2015 by seeking an investor to support a buyout of the company and continue to grow the business.
The acquisition gives the Grand Rapids-based Service Express a market presence in the Pittsburgh area. Founded in 1986, the company services more than 2,500 maintenance customers through 33 offices in 15 states.