Displaying items tagged: mergers and acquisitions
Otsego equipment manufacturer acquired by individual investors
OTSEGO — Otsego Crane & Hoist Co., a manufacturer that specializes in overhead material handling equipment, has been sold to individual investors.
Wolverine Building Group expands to Southeast Michigan with acquisition
GRAND RAPIDS — Wolverine Building Group has expanded its footprint to Southeast Michigan with the acquisition of Brighton-based construction firm Contracting Resources Inc.
Kerkstra Precast bought by Minneapolis construction company
GRANDVILLE — Kerkstra Precast Inc., a producer of precast and prestressed concrete products in Michigan, has new owners.
Shareholders approve TCF, Huntington merger
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.
Acrisure closes $3.4B capital raise to support growth, tech investments
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.
Blackford Capital completes merger of interior design companies
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.
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UFP Industries subsidiary expands Australia presence with latest acquisition
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 to sell generic drug business to private investment firm for $1.55 billion
Perrigo Co. plc plans to sell its generic drug business to New York private investment firm Altaris Capital Partners LLC for $1.55 billion.
UFP Industries subsidiary acquires South Carolina wood treating company
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.
Industrial systems integrator sold to Kalamazoo company
PLAINWELL — Ownership of systems integrator Perceptive Controls Inc. has changed hands following the company’s recent sale.
TES America acquires assets of 3M subsidiary
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 data center service provider acquires U.K.-based partnering firm
GRAND RAPIDS — Service Express LLC, a Grand Rapids-based firm that provides third-party data center maintenance services, has announced its first international acquisition.
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Performance Systematix acquired by Chicago-based packaging company
GRAND RAPIDS — Food packaging manufacturer Performance Systematix Inc. (PSI) has kicked off the new year under new ownership.
Renegade Customs sells assets to Brooklyn’s Uhuru Design
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.
Stryker acquires Florida-based sensor technology maker
KALAMAZOO — Stryker Corp. acquired Dania Beach, Fla.-based OrthoSensor Inc., a producer of sensor technology for musculoskeletal care and total joint replacement.
High Street Insurance Partners acquires two agencies
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.
S.S. Badger — iconic cross-lake car ferry in Ludington — sold to Ohio firm
LUDINGTON — The historic S.S. Badger car ferry that crosses Lake Michigan between Ludington and Manitowoc, Wis. is under new ownership.
Muskegon-based Betten Baker to offer full GM lineup after Witt Buick acquisition
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.
TCF, Huntington merging in $22 billion bank deal
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.
Secure Investors Group acquires Van Buren County insurance agencies
LAWTON — Troy-based Secure Investors Group Inc. plans to acquire South Michigan Insurance Agency Inc. and Donald E. Thornton Insurance Agency in Lawton.
UFP Industries to purchase Florida-based industrial packaging manufacturer
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.
Lambert & Co. closes deal for Houston marketing, branding firm
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.
Innovative Medical Systems acquired by Illinois electronic security 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.
Lighthouse Group acquired by Illinois independent insurance firm
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.
Private equity firm acquires controlling interest in Grand Rapids cleanroom producer
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.
FabX Industries acquires Indiana automation business
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.
MiBiz accepting nominations for M&A Deals and Dealmaker Awards
The nomination period has opened for the 8th annual M&A Deals & Dealmaker Awards from MiBiz.
Holland-based lubricants distributor Major Brands Oil acquires Central Oil
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.
UFP acquires assets of three New Hampshire-based construction suppliers
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.
UFP makes equity investment in Italian industrial packaging firm
GRAND RAPIDS — Wood products supplier UFP Industries Inc. has established a foothold in Europe with a recent deal.