M&A Award Profiles

Despite their strong ties to smartphones and virtual communication, Gen Xers and Millennials still crave face-to-face interaction, and the philanthropic sector is taking note.

Additional Info

  • Image_Position Full

With a new executive at the helm, Center for Women in Transition experienced its own share of change in 2017.

Additional Info

  • Image_Position Full

Building a strong foundation for the community involves bricks and mortar, in addition to providing funds focused on health and human service issues.

Additional Info

  • Image_Position Full

The $14.5 million acquisition of 177 homes in the Grand Rapids and Lansing areas required a “leap of faith” from Ryan VerWys and his team at the Inner City Christian Federation (ICCF).

Additional Info

  • Image_Position Full

Leaders of Extended Grace are working to put their hands out for more than money to fund their organization.

Additional Info

  • Image_Position Full

Read Muskegon grew out of an informal group of volunteers providing one-on-one literacy tutoring, but the organization in recent years has shifted gears to boost its visibility and impact in the community.

Additional Info

  • Image_Position Full

MiBiz presents the fourth-annual West Michigan’s Best-Managed Nonprofit Awards. This year, we received a record number of nominations for the awards, which were solicited in three organizational categories separated by annual revenues and one honoring professional achievement. 
Here are the winners and finalists: 

Additional Info

  • Image_Position Full

Unlike many public and for-profit companies, nonprofits sometimes need to pump the brakes in their quest for growth.

Additional Info

  • Image_Position Full

Conversations with donors about estate gifts can be long and drawn out affairs, but executives at the Community Foundation of the Holland/Zeeland Area found a way to make those discussions easier and netted $30 million in the process.

Additional Info

  • Image_Position Full

Thomas Zmolek considered a career in photojournalism, but life experiences and a summer science institute during high school led him down a different path, one that still put him on the forefront of social change over the last 40 years.

Additional Info

  • Image_Position Full

The active M&A market in West Michigan shows no signs of slowing down for the foreseeable future. For the executives and advisers honored in the 2017 MiBiz M&A Deals and Dealmakers of the Year Awards, that’s a sign that the local economy remains strong — and that companies and private equity firms will continue to have ample dry powder for transactions in the years ahead.

Additional Info

  • Image_Position Full

The active mergers and acquisitions market shows no signs of slowing down for the foreseeable future. 

Additional Info

  • Image_Position Full

After steering Spartan Motors Inc. through a series of changes that helped the manufacturer return to profitability, Daryl Adams knew the timing worked to take the next step in the company’s growth strategy.

Additional Info

  • Image_Position Full

With three acquisitions and two exits under his belt in the last year and a half, Martin Stein continues to drive a steady pace of deal activity at Blackford Capital.

Additional Info

  • Image_Position Full

In his 28 years in practice, attorney Jeff Ott has worked on almost 70 transactions, nearly a dozen of which involved Chemical Financial Corp.’s acquisitions of other banks.

Additional Info

  • Image_Position Full

While advising on more than two-dozen transactions over a 12-month period, Dustin Daniels saw firsthand the growth of private equity’s role in mergers and acquisitions in West Michigan. 

Additional Info

  • Image_Position Full

The family-owned Middleville Tool & Die Co. found itself in a precarious position in the last couple of years leading up to December 2016. 

Additional Info

  • Image_Position Full

A phone call Ranir LLC CEO Rich Sorota got in early 2016 offered an opportunity: Multinational medical device and pharmaceutical company Johnson & Johnson Consumer Inc. wanted to sell its Rembrandt teeth-whitening product line. 

Additional Info

  • Image_Position Full

The 2014 sale of a Baltimore, Md.-based optical practice to a Los Angeles private equity firm was one of two industry deals that led to an opportunity for the partners at Grand Rapids Ophthalmology PC.

Additional Info

  • Image_Position Full

Nearing $10 billion in assets after a series of smaller community bank acquisitions, Chemical Financial Corp. last year needed to pursue a deal larger than any it had contemplated before.

Additional Info

  • Image_Position Full

For its first acquisition following the transformational deal that created SpartanNash Co., the grocery retailer and distributor opted to buy a company that positioned it in a related high-growth market.

Additional Info

  • Image_Position Full

After experiencing explosive growth over the better part of a decade, executives at Muskegon-based KL Outdoor LLC knew they needed a partner to continue that pace of expansion into the years ahead. 

Additional Info

  • Image_Position Full

For Mark Sellers, the magic number of sorts is $300.

Additional Info

  • Image_Position Full

For Tracy Larsen, the work of evaluating and closing deals continues to push ahead even in the face of global tumult and a general sense of economic uncertainty. 

Additional Info

  • Image_Position Full

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. 

Additional Info

  • Image_Position Full

Mike VanGessel likes to talk about the “why” behind his company’s decision to invest in the long-neglected west side neighborhood of Grand Rapids.

Additional Info

  • Image_Position Full

It’s been a busy year and a half for David DeBoer.

Additional Info

  • Image_Position Full

When Service Express Inc. (SEI) sought a buyer in 2015, owners Michael McCullough and Ed tenHaaf were just looking to retire. 

Additional Info

  • Image_Position Full

Jim Engen started Netech Corp. 20 years ago with five employees.

Additional Info

  • Image_Position Full

Martin Stein always noticed Grand Equipment Co. alongside I-196 when he drove through Hudsonville.

Additional Info

  • Image_Position Full

When Tom Fehsenfeld decided to retire from the family business he led for the past 40 years, he found himself in a position familiar to many manufacturers exploring succession options. 

Additional Info

  • Image_Position Full

When Remos Lenio and Philip Blanchard set out to acquire their first company under a newly formed firm, the partners knew they had one chance to confirm what they saw as an unexplored market niche. 

Additional Info

  • Image_Position Full

While Bloem LLC had been hunting for in-house production capacity that would allow it to grow, the company found its solution in an unlikely place: an unsolicited email from one of its largest competitors.

Additional Info

  • Image_Position Full

Buying or selling a business or putting together a major deal is not the time to get cheap.

Additional Info

  • Image_Position Full