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Medical device manufacturer Stryker Corp. expects to invest $130 million to build a new R&D campus in Portage.

Published in In the News

Five West Michigan companies rank among the top performing organizations in the nation for providing an inclusive environment for lesbian, gay, bisexual and transgender (LGBT) workers.

Published in In the News

In what he describes as a “good year,” Michael Jones was involved in closing 20 transactions in late 2015 and the first half of 2016 that had a collective value of $1.5 billion. 

Published in M&A Award Profiles
Sunday, 18 September 2016 15:56

MiBiz Growth Report: Sept. 19, 2016

Here is the MiBiz Growth Report for Sept. 19, 2016.

• M&A: Zeeland-based BiaCare Corp., a manufacturer of compression garments and bandages, was acquired by SIGVARIS Group, a Swiss maker of medical compression textiles. BiaCare was founded 12 years ago and employs 22 people in Zeeland, according to a statement. The company developed a range of compression products with velcro wraps to treat lymphedema, lipedema and chronic venous insufficiency. Terms of the deal were not disclosed. SIGVARIS pursued the acquisition as part of its international growth strategy for medically complex compression applications, calling BiaCare “a pioneering leader” in the segment. For BiaCare, the deal “significantly increases our ability to provide physicians and therapists the compression solutions they need,” according to President Keith Hoffman. 

Published in In the News

Stryker Corp. has acquired Ivy Sports Medicine LLC, a Montvale, N.J.-based producer of products to repair meniscal tears in the knee.

Published in In the News
Thursday, 21 July 2016 16:54

Stryker reports strong growth for Q2

Stryker Corp. posted sales growth of 16.6 percent for the second quarter, although net income dipped.

Published in In the News

West Michigan office furniture manufacturers could soon be incorporating scrap wood into the production of their products through a new partnership with Michigan Technological University.

Published in Manufacturing
Sunday, 15 May 2016 12:30

MiBiz Growth Report: May 16, 2016

Here is the MiBiz Growth Report for May 16, 2016: 

• M&A: Indianapolis-based The XLerate Group, a portfolio company of Detroit-based private equity firm Huron Capital Partners LLC, has acquired Jenison-based Grand Rapids Auto Auction. The deal represents the second acquisition in a year for The XLerate Group, which acquired Schoolcraft-based Greater Kalamazoo Auto Auction in May 2015. XLerate provides dealer-to-dealer auto auctions for used vehicles. Grand Rapids Auto Auction, located at 2380 Port Sheldon Ct., provides used vehicle remarketing to fleet and leasing companies and dealers in Michigan, Illinois and Ohio. Terms of the deal were undisclosed. Through the acquisition, XLerate now has local auto auctions that operate 17 physical and mobile sites in Michigan, South Carolina, California, Texas, Wisconsin and Florida.

Published in In the News

Stryker Corp. bought U.K.-based orthopaedic implant firm Stanmore Implants Worldwide Ltd. from SIW Holdings Ltd. for 35.6 million euros.

Published in In the News

Stryker Corp. bumped up expectations for the full year after reporting higher sales and earnings for the first quarter.

Published in In the News
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