Displaying items tagged: mergers and acquisitions
Auxo adds to Precision Products Group platform with deal for Ohio-based niche manufacturer
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.
DeVos-owned Fox Motors expands metro Detroit footprint with deal for 3 dealerships
GRAND RAPIDS — Fox Motors Group LLC has widened its reach on the southeast side of the state, acquiring three new dealerships and a collision center in metro Detroit.
Service Express acquires East Coast data center service provider while establishing engineering base in Ireland
GRAND RAPIDS — Third-party data center maintenance provider Service Express Inc. continues its M&A streak with the acquisition of a similarly focused Massachusetts-based company, as the Grand Rapids firm separately establishes a footprint in Dublin, Ireland.
Investment banking firm Cascade Partners expands in GR with deal for BlueWater Partners
GRAND RAPIDS — Acquiring fellow middle-market investment banking firm BlueWater Partners LLC gives Cascade Partners LLC a significant market presence in West Michigan.
Grand Rapids-based payroll software firm acquired by Scottish business services company
GRAND RAPIDS — Payroll software firm Dominion Systems Inc. has been acquired by a private equity-backed business services company in Scotland.
Buying spree: Grand Rapids auto service company adds to dozens of recent Midwest acquisitions
HUDSONVILLE — Dytech Auto Group Inc., d.b.a. GreatWater 360 Auto Care, has been on an acquisition spree the last couple of years, taking over nearly 90 independent auto service locations in the Midwest.
Acrisure, High Street among top insurance brokerage buyers in North America
Two of the biggest buyers of insurance brokerages in North America — Acrisure LLC and High Street Insurance Partners Inc. — both hail from Michigan.
MINNOW SWALLOWS WHALE: Werkman Outfitters acquires longtime Muskegon River fly fishing guide service
GRAND HAVEN — A growing family-owned fishing guide service on the Grand River is expanding its focus to the north with a deal to acquire RiverQuest Charters, a longtime fly fishing outfitter on the Muskegon River.
Consulting, engineering firm Disher acquires leader development organization
ZEELAND — West Michigan engineering, consulting and product development firm Disher Corp. has acquired leader-development organization Leading by Design LLC in what company executives call an “ideal fit.”
New federal exemption unlocks options for small business M&A
A change in federal law opens new options for owners considering the sale of their small business.
LaFontaine Automotive Group adds second GR-area store with deal for Pfeiffer Lincoln
GRAND RAPIDS — LaFontaine Automotive Group LLC is adding to its West Michigan market presence with a deal to acquire Grand Rapids-based Pfeiffer Lincoln Inc.
Family-owned HVAC distributor acquired by global manufacturer
GRAND RAPIDS — Williams Distributing Co., a Grand Rapids-based distributor of HVAC equipment and residential building products, has been acquired by a subsidiary of global manufacturer Daikin Industries Ltd.
CWD buys Creston neighborhood eatery, taps Essence Restaurant Group to take over Lucy’s cafe
GRAND RAPIDS — Restaurant operator Essence Restaurant Group LLC, which owns The Green Well, Bistro Bella Vita and Grove in Grand Rapids, is now taking over Lucy’s, a breakfast, brunch and coffee bar concept in the Creston neighborhood.
Family owned C-store operator Davis Oil acquired by Majors Management
BATTLE CREEK — Davis Oil Co., a convenience store operator with 21 locations in West Michigan, has sold to Lawrenceville, Ga.-based Majors Management LLC.
West Michigan electric services provider sells to individual investor
CASCADE TWP. — Control Electric Inc., a residential and commercial electric services provider, was sold to an unnamed individual investor.
Crain Communications acquires MiBiz, details Grand Rapids market strategy
GRAND RAPIDS — Regional business publication MiBiz will join the growing portfolio of Detroit-based Crain Communications Inc. under a new deal announced today.
2 West Michigan civil engineering firms plan merger
Holland Engineering Inc. aims to expand its offerings to municipal clients under a merger planned with another West Michigan civil engineering firm.
PE-backed High Street Insurance Partners notches 2 more acquisitions in busy 2022
TRAVERSE CITY — High Street Insurance Partners Inc. moved into the Nevada and California markets with its latest acquisition that also marks a strong dealmaking year for the firm.
DeVos-owned MVP Sports Clubs sells Florida-based RDV Sportsplex to Genesis Health Clubs
GRAND RAPIDS — MVP Sports Clubs LLC, a Grand Rapids-based chain of health and athletic facilities that’s owned by RDV Corp., the DeVos family office, has sold its flagship Florida location to national gym operator Genesis Health Clubs.
AMI Entertainment Network acquired by Los Angeles PE firm
WYOMING — AMI Entertainment Network LLC, a provider of digital jukeboxes and other products for the restaurant and bar industry, has been acquired by a Los Angeles private equity firm.
University of Michigan Health to acquire Lansing’s Sparrow Health
LANSING — University of Michigan Health will extend further across the state with the acquisition of Lansing-based Sparrow Health.
Grand Rapids I.T. service provider sells to Indiana consulting firm
GRAND RAPIDS — Grand Rapids-based I.T. services provider Micro Visions Inc. has sold to an Indiana consulting firm in what company executives described as a “natural fit.”
GR-based Tommy’s Boats expands in California with deal for boat dealership
GRAND RAPIDS — Tommy’s Boats LLC, a retailer of ski, wake and pontoon boats, is expanding its operations in California with the acquisition of Larson Marine Inc., a Stockton, Calif.-based watersports dealer.
Rehmann to acquire GR financial services firm
Troy-based accounting and advisory firm Rehmann plans to acquire Rivertown Finance LLC in Grand Rapids.
DeVos-backed Walstrom Marine acquires Northern Michigan boat dealer, marina
TRAVERSE CITY — Walstrom Marine Inc., a Harbor Springs-based yacht sales and service company and marina operator acquired last year by Continuum Ventures LLC in Grand Rapids, acquired Grand Bay Marine in Traverse City.
Feyen Zylstra sells Industrial Tech division to automation integrator ATS Global
WALKER — What started out as a conversation between executives at Feyen Zylstra LLC and ATS Global about deepening their partnership for Industry 4.0 technologies ultimately led to the two companies striking a deal.
Kamps Inc. continues buying spree with strategic acquisition of Iowa pallet company
WALKER — Pallet solutions firm Kamps Inc. is making a strategic deal to acquire Newton, Iowa-based Realm Companies LLC to bolster its presence in the Midwest and expand its service capabilities.
Craig’s Cruisers sells 3 locations to PE-backed Five Star Parks & Attractions
Craig’s Cruisers Inc., an operator of family amusement centers in West Michigan, has sold its locations in Wyoming, Holland Township and Norton Shores to private equity-backed Five Star Parks & Attractions of Branson, Mo.
M&A outlook shows cautious optimism as economic conditions create ‘haves and have-nots’ among dealmakers
Business executives and M&A professionals in a recent survey offered cautious optimism for the market next year, despite rising interest rates and elevated expectations for a U.S. recession.
Perrigo to invest $170M to acquire Gerber infant formula plant from Nestlé, make facilities improvements
GRAND RAPIDS — Perrigo Co. plc would add capacity to produce infant formula through a $170 million deal to acquire a plant in Eau Claire, Wis. along with investments in existing facilities.