Displaying items tagged: mergers and acquisitions
Settlement requires Stryker to divest certain products before $4B acquisition
Stryker Corp. will have to divest ankle and finger implant businesses under a proposed agreement with federal trade regulators to allow a $4 billion deal to proceed with Wright Medical Group N.V., a Netherlands-based maker of various orthopedic products.
GR-based Cheeze Kurls acquired by Florida firm, will maintain local operations
Grand Rapids-based snack food maker Cheeze Kurls Inc. has been acquired by a Florida private investment firm.
New owners of Greenville brewpub consider rebrand, renewed focus on brewing
GREENVILLE — Castle Brewing Co. has been acquired by a new team hoping to bring brewing experience and possibly a new concept to the Montcalm County brewpub.
Lansing area accounting firm acquired by Clark, Schaefer, Hackett
HOLT — Business Management Resources Inc., a provider of managed accounting services to restaurant chains, has been acquired by Cincinnati, Ohio-based accounting and advisory firm Clark, Schaefer, Hackett & Co.
Perrigo plans $113 million deal for oral care products line
ALLEGAN — Perrigo Co. plc plans to buy the oral product line from Stamford, Conn.-based High Ridge Brands Inc., which filed for bankruptcy in December.
Marketing firm Revel acquires Borns B2B
MUSKEGON — Marketing and branding firm Revel has acquired Borns B2B.
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U.P. tribe acquires grocery store
BRIMLEY — A division of the Bay Mills Indian Community, based in the eastern Upper Peninsula, has signed an agreement to acquire Four Season’s Market Inc., a grocery store in Brimley, Mich.
Easy Ice acquired by L.A. private equity firm
MARQUETTE — Easy Ice LLC, a commercial ice machine rental and servicing company, has been acquired by private equity firm Freeman Spogli & Co. of Los Angeles, Calif.
Lowell-based eMotion Controls acquired by PE-backed MHS
LOWELL — eMotion Controls Co., an automation controls system integrator and software company, has been acquired by a Kentucky firm.
Mid-Michigan company acquires Hopson Flats in Grand Rapids
GRAND RAPIDS — A Mid-Michigan property management firm has acquired Hopson Flats, a mixed-use property in Grand Rapids’ Heartside neighborhood.
John Grace Construction acquires Muskegon’s Port City Construction
COMSTOCK PARK — John Grace Construction LLC has acquired Muskegon-based Port City Construction & Development Services LLC, the companies announced today.
Kamps Inc. sells majority stake to LA private equity firm
GRAND RAPIDS — Pallet management firm Kamps Inc. has sold a majority interest to Los Angeles, Calif.-based private equity firm Freeman Spogli & Co.
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Lambert & Co. acquires New York firm
GRAND RAPIDS — Lambert & Co. closed on its second acquisition in two months with a deal for New York-based Casteel Schoenborn Investor Relations & Corporate Communications.
Zeigler Automotive Group to acquire 3 Illinois dealerships
KALAMAZOO — Zeigler Automotive Group expects to add $350 million in annual sales with the planned acquisition of three luxury dealerships in the northwest suburbs of Chicago.
Grand Rapids Cardiology merges with Advanced Cardiac & Vascular Centers
GRAND RAPIDS — Grand Rapids Cardiology has merged with Advanced Cardiac & Vascular Centers for Amputation Prevention PLC, also Grand Rapids.
Heartside Ministry, Mel Trotter Ministries announce merger
GRAND RAPIDS — Heartside Ministry and Mel Trotter Ministries, two nonprofits with missions concerning housing and homelessness, formally merged as of Jan. 1.
Grand Health Partners acquired by PE-backed firm
KENTWOOD — A Chicago private equity firm formed last year to invest in medical practices around the Midwest cuts it first deal with an investment in Grand Health Partners.
Priority Health completes deal for Total Health Care
GRAND RAPIDS — Priority Health said Monday that it closed on the acquisition of Total Health Care Inc., a Detroit-based HMO.
Genzink Appraisal acquired by Denver real estate services firm
WYOMING — Real estate appraisal firm Genzink Appraisal Co. has been acquired by Denver, Colo.-based Integra Realty Resources.
Ranir acquires Steripod toothbrush accessory brand
GRAND RAPIDS — Ranir, the oral care division of Perrigo Co. plc, has purchased the assets of Steripod, a toothbrush accessory brand, from Culver City, Calif.-based Bonfit America Inc.
SalesPage acquires Wisconsin fintech firm
KALAMAZOO — SalesPage Technologies LLC made its second acquisition in seven months with a deal for SalesStation, a division of Milwaukee, Wisc.-based Celera Systems LLC.
ChoiceOne to acquire Community Shores Bank in $21.9 million deal
SPARTA — Five months after closing one acquisition, ChoiceOne Financial Services Inc. now plans to do another.
Hitachi completes $1.42 billion deal for JR Automation
HOLLAND — JR Automation Technologies LLC is now part of Tokyo-based Hitachi Ltd. after the completion of a $1.42 billion deal for the West Michigan-based custom automation systems provider.
Grand Ventures portfolio company sold to VC-backed firm
GRAND RAPIDS — Grand Ventures’ portfolio company Sigstr of Indianapolis has been acquired by another growing venture capital-backed tech firm.
Aspen Surgical acquires medical device maker
CALEDONIA — Private equity-backed Aspen Surgical Inc. has acquired a Redmond, Wash.-based orthopedic products manufacturer.
Suburban Inns acquires CityFlats Hotel in Holland
HOLLAND — Suburban Inns, an owner and operator of hotels across Michigan, has acquired CityFlats Hotel in Holland from an affiliate of Zeeland-based Charter House Innovations, MiBiz has learned.
VC-backed firm acquires Doorganics
GRAND RAPIDS — Organic food delivery service Doorganics LLC has been acquired by venture capital-backed GrubMarket Inc. of San Francisco, Calif.
Service Express acquired by NYC private equity firm
GRAND RAPIDS — Data center equipment maintenance service provider Service Express LLC has been sold to a New York City private equity firm.
Entrepreneurs acquire Iroquois Hoods
MUSKEGON — Iroquois Hoods Inc., a Muskegon maker of laboratory furniture with a focus on custom fume hoods, was acquired by entrepreneurs Rick Claypool and Nate Thornton.
Connecticut family office acquires Grand Rapids-based elevator maintenance firm
GRAND RAPIDS — Carroll Capital LLC, a Greenwich, Conn.-based family office, has acquired Grand Rapids-based Elevator Service LLC from owner Nate McFadden.