Displaying items tagged: Rhoades Mckee PC
MiBiz Growth Report: Nov. 21, 2022
Below is a snapshot of growth activity that was published in our Nov. 21, 2022 print edition.
PE-backed firm acquires two West Michigan industrial parts distributors
A pair of West Michigan distributors of construction and industrial supplies have been acquired by a leading direct-to-jobsite construction tools distributor specializing in commercial, industrial, mixed-use and infrastructure end markets.
New Family Business Alliance leader discusses ongoing research, priorities
Robin Burns took over as head of the Grand Rapids-based Family Business Alliance in November after nearly 12 years as marketing director at the Rhoades McKee law firm in Grand Rapids. The FBA was created in 2006 as a partnership with the Grand Rapids Area Chamber of Commerce and Grand Valley State University and later reorganized as a 501(c)(6) nonprofit. With more than 150 member companies, the FBA’s mission is to ensure family-owned businesses in the region are passed down to future generations. Burns spoke with MiBiz about what’s next for the organization.
Q&A: Navigating PPP Loans in M&A Transactions
Navigating PPP Loans in M&A Transactions with Rhoades McKee.
MiBiz Growth Report: August 16, 2020
MiBiz growth report for August 16, 2020.
Survey: After slowdown, M&A activity expected to rebound over the next year
The M&A market that slowed in the first half of 2020 with the onset of the COVID-19 pandemic should rebound well over the next 12 months as deals that got put on hold go forward, according to a midyear survey by law firm Dykema Gossett PLLC.
Pandemic injects some reluctance into small business M&A market
A couple of small business deals Andrew Longcore has been approached about lately illustrate the effects on the M&A market this year from the COVID-19 pandemic.
Q&A: Jon Siebers Attorney at Rhoades McKee PC
The COVID-19 pandemic has slowed deal flow for Jon Siebers, an M&A attorney at Grand Rapids-based law firm Rhoades McKee PC. Siebers said closings are down and the number of deals he has in the pipeline are “probably down a little bit, but not much.” Siebers spoke with MiBiz about how the pandemic has affected the M&A market and offered some advice for both buyers and sellers.
BACK TO WORK: Construction industry adjusts to new COVID-19 protocols
When the statewide construction industry fired back up on May 7, Dan LeMore and his team at The Christman Co. had already tweaked their approach to projects in response to the nationwide COVID-19 pandemic.
MiBiz Growth Report: April 12, 2020
This is the MiBiz growth report for April 12, 2020.
Gill Industries explores sale of downtown Grand Rapids plant to Spectrum Health
GRAND RAPIDS — Stamping manufacturer Gill Industries Inc. is exploring its options to sell its facility on Bond Avenue in downtown Grand Rapids as Spectrum Health has proposed a new $100 million building at that site.
2019 MiBiz Deals of the Year: Highlighting Best Practices
MiBiz presents the 7th Annual M&A Deals & Dealmakers Awards, our yearly spotlight of best practices and excellence related to mergers, acquisitions, capital formation and other types of dealmaking throughout West Michigan.
California firm acquires Midstate Security
WYOMING — Midstate Security Co. LLC, a West Michigan-based electronic security and monitoring systems firm, is under new ownership.
MiBiz Growth Report; August 5, 2019
Here is the MiBiz Growth Report for Aug. 5, 2019:
Three Questions Every Business Owner Should Ask Before Selling the Business
Sooner or later, every business owner faces the question of whether or not to sell the business. If you own a business, here are three key questions to ask yourself before considering a sale.
Sparks finds ‘perfect’ deal with acquisition of Nuvar
Amy Sparks’ acquisition of Nuvar Inc. in May required the company’s new top executive to adapt to her role as an “outsider” as she worked to integrate herself into the operations.
Time to Act? Advisers tell clients to accelerate transaction timelines to take advantage of strong valuations
Mergers and acquisition activity remained strong in West Michigan through the third quarter, as many sellers opted to go to market while they can still get a good price for their businesses.
Businesses take differing approaches to counter cybersecurity threats, survey finds
Most businesses remain vulnerable to cybersecurity threats, as online attacks continue to grow.
Cyclical construction industry creates unique challenges for succession planning
In the middle of an extended construction industry expansion across West Michigan, most contractors are focused on running their businesses, rather than transitioning them to new ownership.
Buyers outnumber sellers as more PE firms, individual investors enter the market
When Alan Hartline purchased Kingma’s Market four years ago, he pivoted away from a corporate world in which he was at the “mercy of quarterly earnings and Wall Street.”
Professional service firms embrace events for client development, community connection
GRAND RAPIDS — Accounting, law and marketing firms are hosting more educational and social gatherings than they were just three years ago.
Breaking ‘paper handcuffs:' Manufacturers search for loopholes to avoid litigation from employee poaching
With availability of talent at a premium, many manufacturers are attempting to lure away key workers from their competitors.
AVOIDING ‘CIVIL WAR’ Experts weigh in on how family-owned businesses can avoid damaging litigation
When two former executives of Pitsch Holding Company Inc. filed a lawsuit against three of their siblings in 2007, they probably didn’t know they’d be starting a 10-year war.
M&A market shift ahead?
M&A professionals say deal volume remains strong heading into mid year with more buyers in the market than sellers.
More Michigan companies open to PE, as deal flow, investment rises
Private equity investments in Michigan grew in 2016 with an increase in both deals and the amount of capital invested.
Small business M&A requires patience and financial savvy
As Neil Brown and Wade Thompson considered acquiring Central Interconnect Inc. late last year, they found themselves interested in the opportunity the company presented.