Displaying items tagged: mergers and acquisitions

OTSEGO — Otsego Crane & Hoist Co., a manufacturer that specializes in overhead material handling equipment, has been sold to individual investors.

GRAND RAPIDS — Wolverine Building Group has expanded its footprint to Southeast Michigan with the acquisition of Brighton-based construction firm Contracting Resources Inc.

GRANDVILLE — Kerkstra Precast Inc., a producer of precast and prestressed concrete products in Michigan, has new owners. 

Shareholders at TCF Financial Corp. and Huntington Bancshares Inc. on Thursday backed the planned $22 billion merger between the two banks. The deal remains on track to close in the second quarter, pending federal regulatory approvals.

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.

A Boston interior design, procurement and project management firm owned by Grand Rapids-based Blackford Capital completed a merger that led to the creation of a new company serving the North American hospitality market.

GRAND RAPIDS — Wood products manufacturer UFP Industries Inc. recently expanded its presence in the Australian market with an acquisition made by one of its wholly owned subsidiaries.

Perrigo Co. plc plans to sell its generic drug business to New York private investment firm Altaris Capital Partners LLC for $1.55 billion.

GRAND RAPIDS — Wood products manufacturer UFP Industries Inc. announced on Monday that one of its wholly owned subsidiaries has signed an agreement to purchase the assets of a South Carolina-based wood treating operation.

PLAINWELL — Ownership of systems integrator Perceptive Controls Inc. has changed hands following the company’s recent sale.

HOLLAND — Advanced touchscreen provider TES America LLC plans to breathe new life into one of the industry’s first brands via a recent acquisition.

GRAND RAPIDS — Service Express LLC, a Grand Rapids-based firm that provides third-party data center maintenance services, has announced its first international acquisition.

GRAND RAPIDS — Food packaging manufacturer Performance Systematix Inc. (PSI) has kicked off the new year under new ownership.

GRAND RAPIDS — Brooklyn-based furniture designer Uhuru Design has reached an agreement with Grand Rapids-based Renegade Customs to purchase the custom furniture design firm’s assets.

KALAMAZOO — Stryker Corp. acquired Dania Beach, Fla.-based OrthoSensor Inc., a producer of sensor technology for musculoskeletal care and total joint replacement.

TRAVERSE CITY — Insurance brokerage High Street Insurance Partners Inc. has acquired two more agencies, adding to the firm’s existing market presence in the eastern U.S. and expanding it into the Pacific Northwest.

LUDINGTON — The historic S.S. Badger car ferry that crosses Lake Michigan between Ludington and Manitowoc, Wis. is under new ownership. 

MUSKEGON — Auto dealership Betten Baker Chevrolet-Cadillac-GMC is now one of the few GM dealerships in the country to provide the automaker’s full line of brands after a recent acquisition.

Huntington Bancshares Inc. and Detroit-based TCF Financial Corp., two of the largest banks operating in West Michigan, plan to merge in a $22 billion deal that would create a Midwestern banking powerhouse.

LAWTON — Troy-based Secure Investors Group Inc. plans to acquire South Michigan Insurance Agency Inc. and Donald E. Thornton Insurance Agency in Lawton.

GRAND RAPIDS — Worldwide wood products supplier UFP Industries Inc. plans to expand its industrial packaging capabilities through the upcoming acquisition of Florida-based pallet manufacturer PalletOne Inc.

GRAND RAPIDS — Public relations and investor relations firm Lambert & Co. formed a joint venture with 9th Wonder, a Houston, Texas-based marketing and brand strategy firm.

GRAND RAPIDS -- Convergint Technologies LLC in Schaumburg, Ill., has acquired Grand Rapids-based Innovative Medical Systems Inc., a reseller of acute care and technical products for hospitals.

GRAND RAPIDS — Insurance and employee benefits agency Lighthouse Group has been acquired by Alera Group, a Deerfield, Ill.-based independent insurance firm that has more than 90 locations across the U.S.

GRAND RAPIDS — New York City-based private equity firm ASGARD Partners & Co. has acquired a controlling interest in Angstrom Technology, a Grand Rapids company that designs, builds and maintains modular cleanrooms for clients in North America.

GREENVILLE — Machining and fabrication service provider FabX Industries Inc. has acquired an Indiana-based business that specializes in designing and manufacturing automation, assembly and test systems primarily for the automotive industry.

The nomination period has opened for the 8th annual M&A Deals & Dealmaker Awards from MiBiz. 

HOLLAND — Major Brands Oil Co. of Holland announced today that it has completed the acquisition of a Roseville-based distributor that specializes in industrial and commercial lubricants throughout Southeast Michigan and parts of Ohio.

GRAND RAPIDS — An active stretch of acquisitions for Grand Rapids-based wood products manufacturer UFP Industries Inc. continued this week as the company announced it has acquired three new businesses.

GRAND RAPIDS — Wood products supplier UFP Industries Inc. has established a foothold in Europe with a recent deal.