Displaying items tagged: mergers and acquisitions

Wednesday, 27 October 2021 12:19

Steelcase acquires longtime design partner in all cash deal

GRAND RAPIDS — Global office furniture maker Steelcase Inc. has acquired one of its longtime collaborative design partners in an all cash deal.

Published in Manufacturing
Monday, 25 October 2021 17:01

Auxo Investment Partners acquires railroad maintenance company, expects further growth in sector

GRAND RAPIDS — Private equity firm Auxo Investment Partners has entered the railroad business with the acquisition of maintenance company Genesis Rail Services LLC.

Published in Finance
Monday, 18 October 2021 16:47

Portage-based Clark Logic expands logistics footprint with latest acquisition

PORTAGE — Clark Logic LLC, a Southwest Michigan-based provider of single-source transportation, logistics, facility and real estate solutions, has completed the acquisition of a nearby company.

Published in Manufacturing

Thursday, 30 September 2021 15:53

Performance Plus adds 8 auto service stores with acquisition of Muskegon-based Van’s Car Wash

WYOMING — Performance Plus Quick Oil Change Centers Inc. has added to its portfolio of oil change and car wash stores with the acquisition of Muskegon-based Van’s Car Wash Inc.

Published in Small Business
Tuesday, 28 September 2021 14:49

UFP acquires Alabama wood distributor in anticipation of growing factory-built housing demand

GRAND RAPIDS — Anticipating an uptick in demand for factory-built housing, Grand Rapids-based wood products manufacturer UFP Industries Inc. announced the acquisition of one of its current vendors.

Published in Manufacturing
Tuesday, 21 September 2021 15:53

Skymint to acquire 3Fifteen in latest Michigan cannabis deal

ANN ARBOR — Michigan-based cannabis company Skymint Inc. has acquired 3Fifteen Cannabis in a deal that broadens the company’s position across the state.

Published in Finance

Tuesday, 21 September 2021 09:50

Neogen acquires pet medications maker CAPInnoVet

LANSING — Food and animal safety products maker Neogen Corp. has bolstered its holding in the fast-growing veterinary market with the acquisition of an Atlanta-based companion animal health company. 

Published in Manufacturing
Thursday, 16 September 2021 15:19

Grand Rapids tax services firm acquires N.Y. software provider

WALKER — Greatland Corp., which provides tax reporting services to businesses nationwide, has acquired a New York firm that provides W-2 and 1099 preparation forms and software.

Published in Finance
Wednesday, 15 September 2021 14:36

VC-backed Sportsman Tracker sells to Texas firm

GRAND RAPIDS — Sportsman Tracker Inc., creator of the HuntWise mobile app, announced this week that it has sold the business to a Texas-based company that offers online recreational safety education and certification programs.

Published in Small Business

Wednesday, 08 September 2021 16:20

Fabri-Kal to be acquired in $380 million deal

KALAMAZOO — Foodservice and consumer brand packaging manufacturer Fabri-Kal Corp. has reached a definitive agreement to sell to Pactiv Evergreen Inc. in a deal valued at approximately $380 million. 

Published in Manufacturing
Wednesday, 08 September 2021 16:03

Service Express acquires U.K. data center services firm, bolstering international business

GRAND RAPIDS — Third-party data center maintenance service provider Service Express LLC has bolstered its international presence with the acquisition of a U.K.-based firm.

Published in Economic Development
Thursday, 02 September 2021 15:22

Spectrum, Beaumont advance merger with formal integration agreement

Spectrum Health and Beaumont Health have signed a formal integration agreement to advance plans for a blockbuster merger, the health systems announced today.

Published in Health Care

Wednesday, 01 September 2021 14:38

Century Technology Group adds third tech company to portfolio with latest acquisition

ADA — Century Technology Group Inc. continues to add to its portfolio of technology-focused companies with the acquisition of a Grand Haven-based emerging tech and media firm.

Published in Finance
Wednesday, 18 August 2021 12:28

Traverse City specialty auto insurer Hagerty to go public in $3 billion SPAC merger

TRAVERSE CITY — Specialty auto insurer Hagerty Group LLC will combine with special purpose acquisition company Aldel Financial Inc. in a $3 billion deal that would make Hagerty a publicly traded company once the merger closes.

Published in Finance
Wednesday, 04 August 2021 15:35

Two Men and a Truck acquired by ServiceMaster

LANSING  — Franchised moving company Two Men and a Truck/International Inc. has been sold to a leading provider of residential and commercial cleaning, restoration and moving services.

Published in Economic Development

Wednesday, 04 August 2021 12:14

St. Joseph-based Hanson Logistics sells to industry leader Lineage Logistics

ST. JOSEPH — Family-owned temperature-controlled warehousing and logistics provider Hanson Cold Storage Co., which does business as Hanson Logistics, has been sold to a Southeast Michigan company. 

Published in Food/Agribusiness
Tuesday, 03 August 2021 13:26

Wolverine World Wide acquires activewear brand Sweaty Betty in $410M deal

ROCKFORD — Wolverine World Wide Inc. has finalized a deal to acquire London-based premium women’s activewear brand Sweaty Betty.

Published in Manufacturing
Friday, 25 June 2021 15:25

PE firm to sell Zeeland-based Novo Building Products

ZEELAND — New York City-based private equity firm Blue Wolf Capital Partners has entered into a definitive agreement to sell Novo Building Products LLC.

Published in Manufacturing

Monday, 21 June 2021 16:29

Employer group raises concerns over proposed Spectrum-Beaumont merger

The proposed merger between Spectrum Health and Beaumont Health that would form the largest in-state health system in Michigan has drawn concern from a statewide business-labor coalition that worries about the resulting potential for higher prices.

Published in Health Care
Thursday, 17 June 2021 10:10

Spectrum Health, Beaumont Health plan blockbuster merger

GRAND RAPIDS — Spectrum Health, which was created through a merger more than two decades ago and went on to become West Michigan’s largest health care provider, intends to merge with Southfield-based Beaumont Health.

Published in Health Care
Wednesday, 16 June 2021 17:09

Lake Michigan Credit Union continues Florida expansion with planned acquisition

Lake Michigan Credit Union will gain a larger presence along Florida’s Gulf Coast with the acquisition of a community bank.

Published in Finance

Thursday, 17 June 2021 06:00

DeVos investment firm acquires majority stake in Northern Michigan marine company

The family investment company of Doug and Maria DeVos has acquired a majority stake in Walstrom Marine Inc., a yacht sales and service company and marina operator in Northern Michigan.

Published in Economic Development
Wednesday, 09 June 2021 13:05

Walker pallet recycler to acquire Ohio packaging solutions provider

WALKER — Pallet recycler Kamps Inc. announced this week that it has signed a definitive purchase agreement to buy an Ohio packaging solutions provider and its subsidiaries.

Published in Manufacturing
Wednesday, 19 May 2021 09:04

Rockford Brewing to open new brewery, distillery, pizzeria concept Malph’s Pizza Pub

ROCKFORD — Rockford Brewing Co. LLC has unveiled plans to renovate a nearby historic building and expand with the new Malph’s Pizza Pub concept. 

Published in Food/Agribusiness

Tuesday, 18 May 2021 15:08

Zeigler Automotive Group acquires Northwest Indiana dealership

KALAMAZOO — Zeigler Automotive Group has added a new brand to its portfolio after announcing the purchase of a new location in Northwest Indiana.

Published in Economic Development
Wednesday, 12 May 2021 16:58

Utz Brands acquires Grand Rapids tortilla chip manufacturer

GRAND RAPIDS — Snack food company Utz Brands Inc. has acquired a partnering Grand Rapids-based tortilla chip manufacturer and its facility as part of a $41 million deal.

Published in Manufacturing
Friday, 30 April 2021 11:45

Molding Solutions completes acquisition of Norton Shores plastics molder

NORTON SHORES — Seabrook Plastics Inc., a molder of plastic parts primarily for the automotive and defense industries, recently finalized the sale of its company to a fellow lakeshore-based plastic parts manufacturer.

Published in Manufacturing

Friday, 16 April 2021 11:42

High Street Partners insurance brokerage acquired by Boston PE firm

TRAVERSE CITY — A Boston private equity firm has acquired Traverse City-based High Street Insurance Partners Inc., an insurance brokerage platform company formed in 2018 that has since acquired two-dozen agencies across the U.S.

Published in Finance
Tuesday, 13 April 2021 22:54

Grandville-based conveyor systems manufacturer acquires local electrical contractor

Turn Key Installation LLC, a Grandville-based contracting company that specializes in conveyor systems, made a recent strategic acquisition by purchasing another West Michigan business.

Published in Small Business
Friday, 09 April 2021 12:49

Survey: Federal tax increases among top concerns for M&A sector

Experts view the mergers and acquisitions market and U.S. economy with slightly more optimism than six months ago, although the prospect of corporate and other federal tax increases has them concerned about the resulting effects on deal flow.

Published in Finance

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