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Sunday, 18 February 2018 20:07

MiBiz Growth Report: Feb. 19, 2018

Here is the MiBiz Growth Report for Feb. 19, 2018: 

• M&A: Great Lakes Scrip Center Inc., a West Michigan-based provider of gift cards for fundraising, was acquired by Minneapolis, Minn.-based Bold Orange, a recently formed marketing firm. Over 23 years, Great Lakes Scrip Center has worked with more than 48,000 organizations to raise $680 million. The company last spring acquired The Manna Group in Palatine, Ill. and was the largest gift card company in the nation. Local operations at Great Lakes Scrip, which employs about 90 people, will continue “business as usual,” said Jill Whalen, vice president for retail operations.

Published in In the News

Lighthouse Insurance Group Inc. plans to move between 130 and 150 employees to an office in downtown Grand Rapids, MiBiz has learned.

Published in In the News

Selling a business can be an emotional process — especially for business owners who have spent years building their companies. A successful sale has to work for both the buyer and the seller. For sellers, understanding the value of the business and what they’ll walk away with after a sale will help ensure they leave the negotiation room with confidence in the decision to sell.

Published in Sponsored content

As business owners near retirement, they need to consider what they want for the future of their business. To help ensure a successful transition of ownership, it is essential for business owners to design and enact a succession plan. But, developing a plan can be overwhelming – especially when you’re focusing on your day-to-day operations. So, where do you begin?

Published in Sponsored content

GRAND RAPIDS — The majority of people who serve on the boards of nonprofits lack the time to educate themselves about the terminology used in their organization’s financial statements.

Published in Nonprofits

Congressional renewal of a series of federal tax credits comes just in time for them to be effective this year.

Published in In the News

A little known tax credit can result in big savings for manufacturers that generate revenue from exporting.

Published in Manufacturing

The proliferation of mobile apps over the last few years for smartphones and tablet computers has given small business owners a wealth of options to manage their business from the road.

Published in Technology

In striking a merger deal in late 2012, two competing Grand Rapids-based architectural firms determined they could be more competitive and more profitable together than they could as separate entities.

Published in Finance

President Barack Obama’s re-election dimmed hopes within the U.S. medical device industry that a new excise tax set to take effect Jan. 1 would get repealed.

Published in Economic Development

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