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February 26, 2020

Everstream To Buy Detroit-Based Rocket Fiber

The acquisition completes Everstream’s coverage in all major Michigan markets and gives Everstream the largest fiber footprint in greater downtown Detroit, according to a news release. Terms of the deal were not disclosed....

By Mark Scott

February 20, 2020

An Inside Look At Terrence Oprea’s Sale Of MCCI To His Executive Team

The moment you start to think that maybe it’s time to retire in terms of private ownership, it’s usually too late, says Terrence Oprea....

By Mark Scott

February 6, 2020

CitySide Ventures’ David Weaver: When Your Plan Doesn’t Work, Be Ready To Pivot To Something New

Longtime dealmaker put more than three decades of diversified management experience to use to help early-stage companies connect with the resources they need to grow their businesses....

By Mark Scott

January 23, 2020

Jeremy Falendysz: Be Ready To Answer The Tough Questions When You Sell Your Business

The decision to sell your business is an important, but very small step in the actual transaction timeline, says UHY's Jeremy Falendysz....

By Mark Scott

January 22, 2020

Tenth And Blake Buys Detroit-Based Atwater Brewery

Tenth and Blake Beer Co. is the Chicago-based U.S. craft division of Molson Coors Beverage Co. Atwater Brewery is highly regarded in the Michigan craft beer community for its traditional German-style lagers and unique ales....

By Mark Scott

January 16, 2020

Andrew J. Goldberg: Why A ‘Pre-Mortem’ Is A Useful Tool In Dealmaking

When you think about everything that can go wrong in a deal, it gives you a better chance at doing it right, says Andrew J. Goldberg....

By Mark Scott

January 15, 2020

Beet Analytics Technology Raises $5.64M In Venture Funding

As of Jan. 15, the Plymouth-based company has raised a total of $7.48 million....

By Mark Scott

January 15, 2020

Turnspire Capital Buys MPI Holdings

Founded in 1969, MPI is a Tier 1 supplier of high-precision, fineblanked metal components, and is a leader in safety and mission-critical automotive and industrial parts....

By Mark Scott

January 14, 2020

Lambert & Co. Buys NY-Based Casteel Schoenborn

The deal marks Lambert's seventh transaction and second in the last two months....

By Mark Scott

January 10, 2020

Resilience Capital Partners-Backed Trialon Completes Acquisition

With the acquisition, Trialon adds a wide variety of additional testing capabilities including vehicle emissions, engine and chassis dynamometers, vehicle test lab, acoustics, materials and design and fabrication....

By Mark Scott

January 9, 2020

Autobooks’ Steve Robert: Give Investors A Reason To Believe In Your Business

You can’t afford to be short-sighted, getting quick dollars and board members without thinking a few steps ahead, says Autobooks’ Steve Robert....

By Mark Scott

January 7, 2020

Escalent Buys Javelin Strategy & Research

Javelin Strategy & Research is based in the San Francisco Bay Area and provides in-depth analysis of financial services market and technology trends....

By Mark Scott

January 7, 2020

Lear Corp. Invests In SV-Based Autotech Ventures

The investment is being made through Lear Innovation Ventures, which was launched one year ago, to identify advanced development teams and early-stage technologies and provide direct capital to innovation initiatives....

By Mark Scott

January 7, 2020

MCCI Sells To Executive Team

MCCI was founded in 1993 by legendary broadcaster Mort Crim, joined by Post-Newsweek (WDIV-TV) Executive Producer and journalist Terry Oprea. Crim retired in 2008, selling the firm fully at that time to Oprea....

By Mark Scott

January 6, 2020

Beaumont Health, Summa Health Sign Definitive Agreement

The two organizations signed a letter of intent in July and then began an extensive review of both organizations' clinical, regulatory and financial systems. Signing the definitive agreement is the next step in the process....

By Mark Scott

January 6, 2020

Hub International Buys Cranbrook Bloomfield Insurance Agency

Headquartered in Bloomfield Hills, Michigan, CBIA is an independent insurance brokerage providing personal and commercial insurance, and employee benefits solutions to individuals and businesses....

By Mark Scott

January 5, 2020

Penske Corp. Completes Deal To Buy Indianapolis Motor Speedway

Penske Corp. becomes just the fourth owner in the history of the famed Indianapolis Motor Speedway, which has hosted the world's largest single-day sporting event — the Indianapolis 500 Mile Race — for more than 100 years....

By Mark Scott

January 3, 2020

Pinnacle Dermatology Buys Brighton Dermatology

The acquisition of Brighton Dermatology and its five providers is intended to further Pinnacle Dermatology’s commitment to serving the residents of the state of Michigan where it already operates 13 other dermatology clinic locations....

By Mark Scott

January 3, 2020

Level One Bancorp, Ann Arbor Bancorp Complete Merger

The size of the combined company is approximately $1.8 billion in assets, $1.4 billion in loans and $1.5 billion in deposits, based on information as of Sept 30, 2019....

By Mark Scott

January 2, 2020

2020 Forecast: What To Expect For The Year In Dealmaking In Detroit

We spoke with Greenwich Capital Group's Andrew Dickow, Michigan Capital Advisors’ Gerry Giudici and Renaissance Venture Capital Fund’s Christopher L. Rizik to get their thoughts on what to expect from a dealmaking perspective in 2020....

By Mark Scott

January 2, 2020

HED, Puchlik Design Associates Announce Merger

The deal is part of an ongoing effort by Southfield-based HED to invest in its healthcare clients in the region and nationally....

By Mark Scott

December 27, 2019

Hitachi Completes Deal To Buy JR Automation

The deal is expected to pair Holland-based JR Automation's global strengths in robotic system integration with Hitachi's deep skillsets in artificial intelligence and IoT solutions for manufacturing....

By Mark Scott

December 23, 2019

Rivian Closes $1.3B Investment Round

The financing was led by funds and accounts advised by T. Rowe Price Associates Inc. Amazon, Ford Motor Co. and funds managed by BlackRock also participated in the round....

By Mark Scott

December 23, 2019

J.D. Power Buys Trilogy Automotive

Trilogy’s SaaS-based enterprise lead management platform will be integrated into J.D. Power’s Autodata Solutions division’s original equipment manufacturer digital dealer platform....

By Mark Scott

December 23, 2019

TriMas Completes $135M Sale Of Lamons Division

TriMas will report the 2019 results of its Lamons division, which was previously reported in the specialty products segment, as discontinued operations beginning in the fourth quarter of 2019....

By Mark Scott

December 23, 2019

SkySpecs Closes $17M Series C Round Led By McRock Capital

The Ann Arbor-based company experienced a heavy-growth year, tripling its staff, significantly building out its solutions offerings for the wind energy industry and reaching a landmark 30,000 fully autonomous inspections....

By Mark Scott

December 23, 2019

Detroit 2019 Dealmaking Year In Review

With 2019 just about over, we’re taking a look back at some of what we learned this year....

By Mark Scott

December 20, 2019

Conway MacKenzie Bought By Dallas-Based Riveron

As part of Riveron, Conway MacKenzie will continue to go to market under its long-standing brand. Terms of the transaction were not disclosed....

By Mark Scott

December 19, 2019

Huron Capital-Backed High Street Insurance Partners Buys InPro

Based in Troy, InPro provides commercial, group and personal insurance to businesses ranging from local governments to maintenance services and industrial manufacturing....

By Mark Scott

December 19, 2019

Equity funding up in Detroit, Pittsburgh

The greater Detroit area and Pittsburgh have grown the most in the amount of equity funding they attract by percent, year over year, a report by Crunchbase states. The greater Philadelphia area ranked No. 5 on the list....

By Jayne Gest

December 19, 2019

Ovid’s Matt Geiger: Focus On Finding Ways To Get The Deal Done

Matt Geiger has experience as both an entrepreneur and an investor. When he’s an entrepreneur, he’s learned the value of letting the investor be the smartest one in the room....

By Mark Scott

December 17, 2019

Genstar Invests In Truck-Lite

Auburn Hills-based Truck-Lite was owned by affiliates of BDT Capital Partners, Koch Equity Development and Penske Corp. As part of its investment, Genstar acquired BDT and Koch's ownership interests....

By Mark Scott

December 17, 2019

QStride Bought By Drisla

The acquisition is an effort to position the tech startup for further expansion in the U.S. with next-generation technology offerings and access to over 300 experienced IT professionals through Drisla's portfolio companies....

By Mark Scott

December 16, 2019

J.D. Power To Merge With Autodata Solutions

The newly combined company will operate under the name J.D. Power and be headquartered in Troy....

By Mark Scott

December 12, 2019

Rob Dube: Being Mindful Is Key To Being An Effective Dealmaker

It seemed like a good deal, but things changed quickly for Rob Dube when he sold imageOne. Fortunately, he got it back and learned a valuable lesson about mindfulness....

By Mark Scott

December 11, 2019

Huron Capital-Backed Albireo Energy Buys Quality Building Controls

The acquisition of QBC is expected increase Albireo's presence in the Southeast and extend the company's customer base in Florida, providing additional recurring revenue....

By Mark Scott

December 10, 2019

Compuware To Buy Innovation Data Processing

This would be Compuware's sixth mainframe software or services acquisition in the last three years....

By Mark Scott

December 6, 2019

Vroom Closes $254M Series H Round, Plans To ‘Rapidly Expand’ Detroit Office

Vroom’s Detroit office is expected to significantly increase its product and engineering staff in 2020, as it accelerates investment in bringing all aspects of the car buying and selling experience online....

By Mark Scott

December 5, 2019

GM, LG Chem Form $2.3B Joint Venture In Lordstown

General Motors and LG Chem have announced plans to mass-produce battery cells for future battery-electric vehicles. Together, the companies will invest up to $2.3 billion through a new, equally owned joint venture company....

By Mark Scott

December 4, 2019

Pondera Holdings Leads $31M AutoPets Recap

The investment is intended to accelerate the company's growth, as well as provide a liquidity event to the founders of the business....

By Mark Scott

December 4, 2019

How A Mix Of Persistence, Patience And Discipline Got Kelvin Squires A Great Deal

Kelvin Squires really wanted to buy Center Line Electric, but he was willing to walk away from the deal if he didn't get what he needed....

By Mark Scott

December 4, 2019

May Mobility Closes $50M Series B Round Led By Toyota

The Series B round brings May Mobility's total raised to $84 million to date and positions the company to further extend its leadership in the autonomous driving landscape....

By Mark Scott

December 4, 2019

Huron Capital, Salt Creek Capital Invest In Pacific Shoring

Huron Flex Equity has now completed non-control equity investments in four companies and continues to evaluate additional opportunities to help business owners accomplish a variety of growth and liquidity goals....

By Mark Scott

December 2, 2019

ISMIE Mutual Completes SEMPIC Merger

Under the terms of the merger, SEMPIC will continue to operate under the same name, but as a division of ISMIE Mutual....

By Mark Scott

November 26, 2019

Masco Corp. Announces $400M Accelerated Share Repurchase

This agreement is part of Masco’s existing share repurchase authorization of $2 billion which was announced on Sept. 17....

By Mark Scott

November 25, 2019

Peninsula Capital’s Ty Clutterbuck: How To Find Your Way To A Great Deal Opportunity

Achieving synergy in business doesn’t have to be about making cuts. Through dealmaking, it can be a path to growth opportunities, says Ty Clutterbuck....

By Mark Scott

November 21, 2019

Henniges Autmotive’s Larry Williams: Keys To Working Effectively With Private Equity Ownership

Larry Williams has used simple, honest dialogue to build strong ties with each PE firm that has owned Henniges Automotive....

By Mark Scott

November 18, 2019

Lineage Logistics Buys Dallas-Based Emergent Cold

While financial terms of the transactions were not disclosed, The Wall Street Journal cited a source that valued the deal at more than $900 million....

By Mark Scott

November 18, 2019

Huron Capital-Backed Pueblo Mechanical Completes Sixth Add-On Acquisition

Huron Capital acquired Pueblo in December 2017 to pursue an ExecFactor® buy-and-build strategy in the commercial HVAC market in the southwestern U.S....

By Mark Scott

November 13, 2019

Huron Capital’s Brian Demkowicz Shares His Secrets To Good Dealmaking

Brian Demkowicz has a process for everything, enabling Huron Capital to continually make the right call on dealmaking opportunities....

By Mark Scott