Displaying items tagged: mergers and acquisitions
Herman Miller to acquire majority stake in Danish furniture company for $78 million
ZEELAND — Office furniture manufacturer Herman Miller Inc. plans to increase its ownership stake in Denmark-based Hay A/S by an additional 34 percent.
Greatland acquires New Jersey tax form processing firm
GRAND RAPIDS — Greatland Corp., a provider of W-2, 1099 and 1095 solutions, has acquired JAT Software Inc. of Bridgewater Township, N.J.
DeVos family acquires stake in Swedish PE firm
A subsidiary of RDV Corp., the family office for the DeVos family, has acquired a stake in Swedish-based private equity firm Nordic Capital.
UFPI acquires Pallet USA, restructures
GRAND RAPIDS — An affiliate of Universal Forest Products Inc. (NASDAQ: UFPI) has acquired Hartford, Wis.-based Pallet USA LLC, expanding Universal’s industrial product-capacity and services in the Midwest.
Shareholders approve ChoiceOne-County Bank merger
SPARTA — ChoiceOne Financial Services Inc.’s merger with Lapeer-based County Bank Corp. easily earned shareholder approvals this morning and now heads to a close next spring.
Ottawa Kent Insurance sells to PE-backed High Street
JENISON — Ottawa Kent Insurance Agency Inc. was acquired by Traverse City-based High Street Insurance Partners Inc., an insurance agency platform formed last year by Huron Capital Partners LLC, a Detroit-based private equity firm.
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Meritage acquires 5 Wendy’s locations in Texas
GRAND RAPIDS — Restaurant operator Meritage Hospitality Group Inc. has added to its growing portfolio of Wendy’s restaurants with the acquisition of five Texas locations.
MiBiz parent company sells Revue West Michigan to Serendipity Media
GRAND RAPIDS — The parent company of MiBiz has sold its Revue West Michigan title to Serendipity Media LLC, a Grand Rapids-based custom publisher and marketing firm.
Spartan Motors acquires California-based Royal Truck Body
CHARLOTTE — Spartan Motors Inc. continues to build its presence on the West Coast with its second acquisition of a California company in three months.
Office interiors dealer Custer Inc. acquires Indiana company
GRAND RAPIDS — Workplace interiors dealer Custer Inc. has acquired Fort Wayne, Ind.-based Productive Business Interiors.
Pro-Vision acquired by Boston PE firm
BYRON CENTER — Mobile video technology manufacturer Pro-Vision Video Systems Inc. has been acquired by a Boston-based private equity fund.
California firm acquires Midstate Security
WYOMING — Midstate Security Co. LLC, a West Michigan-based electronic security and monitoring systems firm, is under new ownership.
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Stryker to acquire advanced imaging firm Mobius
KALAMAZOO — Stryker Corp. said today it has signed a definitive agreement to acquire Mobius Imaging LLC, a Massachusetts-based advanced imaging technology company for about $370 million in cash.
Grand Rapids Hydroponics sold to Denver-based chain GrowGen
GRAND RAPIDS — The assets of Grand Rapids Hydroponics Inc. were acquired by Denver-based GrowGeneration Corp., the largest chain of specialty hydroponic and organic garden centers.
Deal could make Priority Health stronger in SE Michigan
GRAND RAPIDS — Acquiring a Detroit-based HMO gives Priority Health a greater market presence in Southeast Michigan.
TG Manufacturing acquires Turnkey Fabrication
GRAND RAPIDS — TG Manufacturing LLC, a fully-integrated metals manufacturing company, acquired Turnkey Fabrication LLC, an integrated fabrication operation with laser, CNC brake press, machining, assembly and welding process capability.
Spanish brewer Mahou to acquire Founders Brewing
GRAND RAPIDS — Founders Brewing Co. is selling a majority stake in the business to the brewery’s Spain-based minority shareholder, MiBiz has learned.
Guardian Pharmacy plans to scale up Michigan operations in deal for TruCare LTC
GRAND RAPIDS — An Atlanta-based pharmacy company that serves long-term care facilities and senior housing communities entered the Michigan market by buying a majority stake in TruCare LTC Pharmacy LLC in Grand Rapids.
Priority Health bolsters SE Michigan presence with acquisition of Total Health Care
GRAND RAPIDS — Priority Health would expand its market presence in Southeast Michigan with the acquisition of Detroit-based HMO Total Health Care Inc.
Family-owned Schmuckal Oil sells 25 C-stores to Ohio firm
TRAVERSE CITY — Schmuckal Oil Co., a family-owned operator of gas station convenience stores in the northern and western Lower Peninsula, has sold its assets to an Ohio firm.
Allegan General to become part of Ascension Michigan on Sunday
Allegan General Hospital will become part of Ascension Michigan on Sunday following the signing of a final definitive agreement.
Holland-based Trendway Corp. acquired by Illinois manufacturer
Office furniture maker Trendway Corp., a fixture in the Holland business community for five decades, has been sold to Fellowes Brands, an Itasca, Ill.-based manufacturer of office and technology accessories.
Motus Integrated Technologies acquires Southfield-based fiber manufacturer
Motus Integrated Technologies LLC, a Holland-based Tier 1 and Tier 2 auto supplier, has signed a definitive agreement to buy Janesville Fiber Solutions, a division of Milwaukee, Wisc.-based Jason Industries Inc.
MiBiz Growth Report; August 5, 2019
Here is the MiBiz Growth Report for Aug. 5, 2019:
FTC&H acquires Toledo civil engineering firm
GRAND RAPIDS — Engineering firm Fishbeck, Thompson, Carr & Huber Inc. acquired Northwest Consultants Inc., a civil engineering firm in Toledo, Ohio.
Trillium Investments buys multifamily property in Jenison
JENISON — Trillium Investments LLC, a Grand Rapids-based multifamily investment and property management firm, has acquired the 160-unit Cottonwood Forest Apartments in Jenison.
Chemical-TCF deal secures regulatory approval
Chemical Financial Corp.’s $3.6 billion acquisition of Wayzata, Minn.-based TCF Financial Corp. heads to a close Aug. 1 after receiving final federal regulatory approval.
SalesPage acquires Advisor Atlas
KALAMAZOO — SalesPage Technologies LLC acquired Advisor Atlas, a data provider to asset management and financial services firms.
MiBiz Growth Report: July 8, 2019
Here is the growth report for July 8, 2019:
Grand Rapids-area planter manufacturer relocating to Nebraska following acquisition
WYOMING — A Grand Rapids-area manufacturer of planters will be relocating to Nebraska after a sale to Headwind Consumer Products.