Displaying items tagged: Auxo Investment Partners

A roundup of mergers and acquisitions, expansions, and other growth plans across West Michigan.

GRAND RAPIDS — Private equity firm Auxo Investment Partners has added to a platform of manufacturing companies with a recent deal for Ohio-based Saylor Technical Products LLC.

Jeff Helminski of Auxo Investment Partners was sitting in his downtown Grand Rapids office in May 2020, during the early days of the pandemic, when his phone rang with a cold call from a prospective investment partner. 

GRAND RAPIDS — Auxo Investment Partners has acquired two manufacturers that produce custom wire harnesses, cable assemblies.

GRAND RAPIDS — The $100 million private equity fund created to invest in Michigan-based companies has completed its fundraising and now turns its attention to deploying the capital over the next few years.

GRAND RAPIDS — Private equity firm Auxo Investment Partners has sold a New Orleans-based barge transportation company that it acquired five years ago.

Here is the MiBiz Growth report for July 5, 2022:

The mergers and acquisitions market enters the second half of 2022 facing a stack of issues that may affect deal flow and how transactions are structured.

Grand Rapids private equity firm Auxo Investment Partners has acquired an Indiana-based manufacturer of braided lacing tapes, twines, cords and sleeving for the electrical, defense and aerospace markets.

WALKER — Technology workstation manufacturer Altus Industries Inc. has expanded one of its marquee product lines as demand for telehealth solutions continues to rise across the country.

SpartanNash Co. last month released its first Environmental, Social and Governance (ESG) report to track its corporate responsibility efforts, the start of what CEO Tony Sarsam called a “transformational journey” for the Byron Center-based grocery retailer and food distributor.

Grand Rapids investment firm Auxo Investment Partners has acquired Golden State Assembly Inc., a wire and cable assembly and harness manufacturer based in Fremont, Calif.

Here is a snapshot of company activity from our February 14, 2022 print edition.

GRAND RAPIDS — Private equity firm Auxo Investment Partners will add to its existing capabilities in the faster space with the acquisition of a Michigan-based manufacturer of rivets.

Auxo Investment Partners reached further into the rail industry with the acquisition of Ferrovia Services LLC, an Auburn, Ala.-based railroad vegetation management company.

GRAND RAPIDS — Private equity firm Auxo Investment Partners has entered the railroad business with the acquisition of maintenance company Genesis Rail Services LLC.

Grand Rapids private equity firm Auxo Investment Partners has acquired Altus Industries Inc., a Walker-based designer and producer of workstations for the health care industry.

Mergers and acquisitions should remain strong through 2021 — driven by several factors affecting deal flow — although finding a good deal may come with a high price for buyers.

GRAND RAPIDS — A West Michigan capital investment fund that involves the family office for Doug and Maria DeVos wants to make long-term investments across a variety of industries with a goal of preserving and growing local companies and jobs.

 The team at Grand Rapids-based private equity firm Auxo Investment Partners has a saying that every deal has to die once before it closes.

Here is the MiBiz Growth Report for November 8, 2020.

Grand Rapids-based private equity firm Auxo Investment Partners continued its investment in cutting die manufacturers with a recent acquisition.

Jeff Helminski’s private equity firm has an internal goal of sourcing 20 qualified deals each week.

M&A activity that declined sharply in the second quarter as the COVID-19 pandemic took hold and slammed the economy appears to have started rebounding after mid-year.

The COVID-19 pandemic that dismantled daily routines and hammered the economy has forced investors to pivot along with the companies they back financially.

Locally owned and operated businesses are a unique asset to West Michigan’s economy, but that dynamic is changing as more owners opt to sell to private equity firms that have increasingly targeted the region for deals. 

Jeff Helminski, co-founder and managing partner of Auxo Investment Partners in Grand Rapids, successfully leveraged his atypical experience and path into the world of private equity in multiple deals last year. 

Private equity firm Auxo Investment Partners moved deeper into the marine transportation business with an investment in Muskegon-based Andrie Inc.

Professionals expect a vibrant M&A market and strong deal flow this year amid easing U.S. economic growth and rising interest rates.

M&A professionals expect the dealmaking market to remain healthy in 2019. That’s one of the conclusions from a panel of executives MiBiz assembled to talk about West Michigan’s mergers and acquisitions sector.