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Monday, 03 September 2018 19:00

MiBiz Growth Report: September 4, 2018

Here is the MiBiz Growth Report for Sept. 4, 2018.

Published in In the News

Detroit-based private equity firm Huron Capital Partners LLC has formed High Street Partners with insurance industry executives Scott Wick and Randy Koch to focus on deals in the insurance industry. 

Published in In the News
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

Indianapolis-based The XLerate Group has acquired Grand Rapids Auto Auction.

Published in In the News
Sunday, 07 June 2015 15:39

MiBiz Growth Report: June 8, 2015

Here is the MiBiz Growth Report for June 8, 2015:

Published in Economic Development

Private equity deal flow was strong in 2014 and Gretchen Perkins believes it will continue that way in 2015 as more business owners look to sell their companies in a good economy. A partner at Detroit-based private equity firm Huron Capital Partners, Perkins expects the economy to continue to improve this year, helping drive opportunity for both buyers and sellers.

Published in Finance

Detroit-based venture capital firm Huron Capital Partners LLC has acquired an ownership stake in Mount Pleasant-based Bandit Industries Inc. in exchange for recapitalizing the company with an undisclosed investment.

Published in In the News

A long delayed project in Heritage Hill is about to break ground, as 616 Development moves to transform the Bethlehem Church in Grand Rapids Heritage HIll neighborhood.  

Published in In the News

GRAND RAPIDS — Flush with a half-billion dollars of new capital, one of Detroit’s most established private equity firms has begun looking aggressively for its first-ever deals in West Michigan, according to one of the firm’s partners.

Published in Finance

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