Displaying items by tag: Auxo Investment Partners
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.
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.