rss icon

Sunday, 29 April 2018 15:47

MiBiz Growth Report: April 30, 2018

Here is the MiBiz Growth Report for April 30, 2018.

• M&A: New York City-based Standard Media Group LLC, a new investor-backed media company, has entered into a definitive agreement with Sinclair Broadcast Group Inc. of Hunt Valley, Md. to acquire Grand Rapids-based Fox 17 WXMI and eight other stations around the country. The $441.7 million cash deal would create a new media company affiliated with Standard General LP, an SEC-registered investment adviser that manages capital for public and private pension plans, endowments, foundations, and high net worth individuals. The deal, which is subject to regulatory approval, is expected to close in conjunction with the Sinclair-Tribune transaction. As MiBiz previously reported, Sinclair is trying to appease government regulators in a bid to finalize its $3.9 billion acquisition of Chicago-based Tribune Media Co., which currently owns Fox 17. 

Published in In the News

BarFly Ventures LLC continues to grow its brand of HopCat craft-beer-focused bars.

Published in In the News
Sunday, 01 April 2018 10:21

MiBiz Growth Report: April 2, 2018

Here is the MiBiz Growth Report for April 2, 2018.

• M&A: A subsidiary of Universal Forest Products Inc. (Nasdaq: UFPI) plans to acquire “substantially all” of the operating assets of Marietta, Ga.-based North American Container Corp., a producer of packaging products, according to a statement. The deal should close by June 1. Terms of the deal were undisclosed. The acquisition will add steel, corrugated and hardwood packaging to Universal’s lineup of industrial products. North American Container, founded in 1967, operates nine manufacturing facilities in Georgia, South Carolina, Tennessee and Wisconsin and recorded 2017 sales of about $71 million. Universal Forest Products in February reported that it generated $3.9 billion in net sales with net earnings of $119.5 million for 2017.

Published in In the News

GRAND RAPIDS –– BarFly Ventures LLC, the Grand Rapids-based parent company of the HopCat chain of craft beer-focused restaurants, announced Monday that it plans a second location in the area.

Published in In the News

The expanding chain of HopCat craft beer bars will head oceanside later this year.

Published in In the News

KALAMAZOO — With a dearth of major buildings left to renovate in the downtown Kalamazoo area, developers say new construction will soon be their only option going forward. 

Published in Design Build
Wednesday, 30 March 2016 16:43

HopCat announces Kalamazoo location

The HopCat chain of craft beer bars continues its rapid expansion.

Published in In the News

Grand Rapids-based Barfly Ventures LLC today confirmed reports from earlier this week that it would open a HopCat location in Chicago.

Published in In the News

The evolution of West Michigan’s craft brewing industry can be measured in more ways than the growing volume of beer they produce.

Published in Crystal Ball

HopCat – Ann Arbor will have more than 300 seats and feature up to 100 craft beers on tap and employ 140 people. The expansion represents a $2 million investment and will become the fifth location for BarFly Ventures, founded in 2008 in downtown Grand Rapids. 

Published in In the News
Page 1 of 2

Breaking News

August 2018
S M T W T F S
29 30 31 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31 1

Follow MiBiz