Displaying items by tag: Varnum LLP

Mergers and acquisitions should remain strong through 2021 — driven by several factors affecting deal flow — although finding a good deal may come with a high price for buyers.

GRAND RAPIDS — Acrisure LLC has closed on a $3.4 billion capital raise, most of which came from the sale of senior preferred stocks to a consortium of investors.

DOWAGIAC — Seven Generations Group, a professional services portfolio of companies, is rebranding and has also managed to grow its portfolio with the formation of Blue Star Integrative Studio, a full-service architecture firm based in Tulsa, Okla., and the spin off of Kalamazoo-based Steelhead Engineering Co. 

GRAND RAPIDS — Private equity firm Blackford Capital has invested in Aqua-Leisure Industries Inc.,  a maker of leisure products for water sports and recreation based in Avon, Mass.

As details on a recent cybersecurity attack against Grand Rapids-based office furniture giant Steelcase Inc. begin to surface, local manufacturers of all industries and sizes may want to take notice.

The U.S. Small Business Administration’s guidance for companies that got Paycheck Protection Program loans and are now selling aims to keep deals flowing as borrowers await decisions on whether they’ll have debt forgiven.

MiBiz growth report for August 2, 2020.

When a California-based marketing firm consolidated 450 employees from Grand Rapids-area offices into a vacant commercial building three years ago, the move was celebrated by Wyoming city leaders and supported by a $550,000 state business development grant.

Overly aggressive expansions, lease disputes and sagging interest in craft beer-based casual restaurants were contributing factors to BarFly Ventures LLC’s bankruptcy filing this month before business was decimated by COVID-19, court records show.

Changes by the Federal Reserve Board should draw greater interest to the new $600 billion Main Street Lending Program for small and mid-sized businesses hurt financially by the COVID-19 pandemic.