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October 27, 2023
The Search For Clean Deals
No deal is perfect, but Dan Weingartz, CEO of W&P Management, says that it's just gotten to where there needs to be cleanliness across everything — the financials, the strategy, the leadership and...
By Adam Burroughs
September 22, 2023
How Not Listening To Advice Benefitted SkySpecs
SkySpecs CEO Danny Ellis has raised a few rounds of funding — six in total — and has learned several lessons from the experience. "A lot of mistakes in the early days," Ellis says. "We probably over...
By Adam Burroughs
August 25, 2023
People On A Deal P&L
As Detroit Manufacturing Systems sets out to make acquisitions, people are top of mind, says then CFO, now EVP of Sales, Purchasing and Strategy Scott Cieslak. "One of the first things we had to do...
By Adam Burroughs
July 21, 2023
Lessons Learned From Selling A Business ... Twice
Bruce Milen, Chairman of the Board of Jax Kar Wash, first sold his business back in 1998 during a period of consolidation and roll ups. He had and took the opportunity to buy it back three years later...
By Adam Burroughs
June 23, 2023
Trust Your Gut And Get Good Advice
Kathleen Craig, founder and CEO Plinqit, has raised more than $10 million in venture funding for the SaaS fintech company, which licenses its software to banks and credit unions across the country....
By Adam Burroughs
May 26, 2023
Stifel Financial Corp.'s Greg Urban On The Mixed M&A Market and Its Culprits
Confidence in the macro environment is a significant driver of M&A activity in this uneven market, says Stifel Financial Corp Managing Director Greg Urban. "The availability of equity capital —...
By Adam Burroughs
April 26, 2023
Hall of Fame Roundtable Weighs In On Today's Deal Challenges
Valenti Capital's Sam Valenti III, along with MSX International's Fred Minturn, BELLE Michigan Impact Fund's Carolyn Cassin, and BDO Consulting Group's Robert Berdanier share their view on the current M&A climate. ...
By Adam Burroughs
March 31, 2023
Sylvester Hester On Partnership And Job Creation When Launching LM Manufacturing
LM Manufacturing President and CEO Sylvester Hester on launching the business, how the opportunity came about and the importance of being a job creator in Detroit...
By Adam Burroughs
March 3, 2023
Sybridge Technologies Acquires Cavaform, Inc.
SyBridge Technologies, provider of design and manufacturing solutions across multiple industries, announced it acquired Cavaform, Inc., a tight tolerance precision tooling and molding market. This...
By Dan Pender
March 3, 2023
Health Alliance Plan and CareSource to Partner in Michigan
Health Alliance Plan (HAP), a Michigan-based nonprofit health plan and CareSource, an Ohio-based nonprofit and managed care health plan with members in 7 states, are forming a joint venture to explore...
By Dan Pender
March 3, 2023
TriMas Announces Agreement to Acquire Weldmac
TriMas announced that it has signed an agreement to acquire the operating net assets of Weldmac Manufacturing Company, a designer and manufacturer of high-performance, complex metal fabricated...
By Dan Pender
March 3, 2023
Simon Sports Acquires Halifax Mooseheads Junior Hockey Team
Simon Sports, a division of Simon Group Holdings in Birmingham, acquired the Halifax Mooseheads hockey team, which plays in the Quebec Major Junior Hockey League. Terms of the deal were not disclosed....
By Dan Pender
March 3, 2023
Pet Supplies Plus Acquires 20 Loyal Companion Pet Stores
Pet Supplies Plus, the largest independent pet retailer in North America with over 660 stores in 41 states, and Wag N' Wash, the emerging grooming, self-wash, and natural pet food franchise, are...
By Dan Pender
March 3, 2023
Overcome Buy-Side Arrogance, Or Risk Overpaying
Atlas Holdings Partner Ramzi Hermiz and Lorient Capital Vice President Doug Shinkle on de-risking a deal from the buy-side....
By Adam Burroughs
February 3, 2023
Functional Fluidics Looks To Expand Market For Unique Platform
Functional Fluidics CEO Patrick Hines spoke on the Smart Business Dealmakers Podcast about his company, its progress and fundraising....
By Adam Burroughs
January 6, 2023
Airspace Link Creates Drone Navigation Highway
In four short years, Detroit startup Airspace Link went from a couple founders and a few employees to recently raising $23 million in a Series B to aid its global expansion. It started with a $100,000 convertible note, a $3 million pre-seed, a $10 million Series A and now the global expansion raise. Michael Healander, co-founder, president and CEO, is a drone pilot enthusiast who envisions the positive impact drones could provide to economies and quality of life. His company is creating a roadmap in the sky for drones of all types and sizes. ...
By Dan Pender
December 9, 2022
Value Proposition Tops List In Battery Solutions' Deal Prep
Battery Solutions CFO Craig Fishel on preparing for his company's sale earlier this year to Retriev Technologies....
By Adam Burroughs
November 11, 2022
A Lifetime of Succession for Ideal Group
It may have been out of necessity, but Frank Venegas Jr. began the succession process at a very young age for daughter, Linzie, and son, Jesse. Linzie said she was in a playpen in her father’s office, because they didn’t have the money for sitters and her parents worked long hours. It may have been a hardship then, but its paying dividends today as both Linzie and Jesse have taken over leadership of the company....
By Dan Pender
October 7, 2022
Duolingo Acquires Gunner
Duolingo, Inc., a mobile learning platform, announced it has acquired Gunner, a design and animation studio based in Detroit. Duolingo uses animation in its learning apps to drive engagement, keep...
By Dan Pender
October 7, 2022
Funding options for health care companies
Lawrence, Evans & Co.'s Neil Johnson spoke on funding options for health care companies. ...
By Adam Burroughs
September 2, 2022
Adjust your sale approach to new market realities
MiddleGround Capital's John Stewart, Doeren Mayhew's Aaron Partridge and Matthew Gurwin on how new market realities require sellers to be more prepared in order to maximize their company's value in a sale. ...
By Adam Burroughs
August 5, 2022
Life Remodeled CEO Chris Lambert On The Heart Of Fundraising
Life Remodeled CEO Chris Lambert on the organization's mission and accomplishments, as well as his approach to fundraising....
By Adam Burroughs
July 6, 2022
The economy's impact on deal readiness
Honigman's John Kanan, Wälzlager Industriewerke Bulle A.G.'s Kal Beidas, MSX International's Fred Minturn, Aon's Vipul Patel and BDO Consulting Group's Robert Berdanier discuss economic uncertainty and its impact on deal readiness. ...
By Adam Burroughs
June 2, 2022
It’s All About Partnerships and Pitch Decks for Rambus
Mykolas Rambus is a serial entrepreneur who founded and sold two previous companies, including Wealth-X, where he served as CEO until its 2016 sale for more than $20 million. Most recently, Mykolas raised early-stage rounds of capital in 2021 to build out Hush, a company that offers cybersecurity services. Though the capital raise process went well, Mykolas talks about how better pitch materials would have made for a smoother raise. ...
By Dan Pender
May 6, 2022
A Look at The Detroit Region's Home-Grown M&A Market
During the Roundtable at this past week's Detroit Smart Business Dealmakers Conference, Mykolas, along with Huntington Bank's Ronald Majka, Huron Capital's Brian Demkowicz, and Ideal Group's Linzie Venegas shared their personal stories as they explored what’s driving activity in region, and why they believe Detroit is a great place to do business. ...
By Adam Burroughs
April 8, 2022
M&A Human Capital Strategies
Aquila Equity Partners' Gary Lewis, along with Purple Squirrel Advisors' Carrie Schochet, Lockton Companies' Quinn Damon, Mission Veterinary Partners' Matthew Davis, Industrial Opportunity Partners' Philip Fioravante talk about lessons learned and best practices from growing portfolio companies in a labor-challenged environment....
By Adam Burroughs
March 11, 2022
Even for the best entrepreneurs, raising capital is always harder than it looks
Bloomscape Founder and CEO Justin Mast spoke with Dickinson Wright's Zan Nicolli about his venture and the process of raising capital from investors....
By Adam Burroughs
February 18, 2022
The material impact of ESG on M&A
Ancora's David Sowerby, MASCO's John Sznewajs and Cendrowski Corporate Advisors' Harry Cendrowski, talk about ESG, the M&A landscape, where corporations and private investors have made the biggest changes, and what to expect next. ...
By Adam Burroughs
January 14, 2022
Preparedness leads to best outcome when selling a family business
JAWOOD Founder Lynn Mustazza, along with PNC Bank's Jacob Taylor, PNC Wealth Management's Daniel Hoops and UHY Corporate Finance's Dan Sporka talk about plotting the future of a family business....
By Adam Burroughs
November 17, 2021
Doing double diligence during COVID
TGI Direct's Monica Weaver, Dickinson Wright’s Bill Rosin, Emagine Entertainment’s Paul Glantz and Huntington National Bank’s Eric Dietz talk about transacting during the pandemic, as well as adjustments buyers should make when acquiring a company during disruptions....
By Adam Burroughs
October 20, 2021
A look at the cyberthreat environment
Che Bhatia, along with Aon’s William Shortt and Kathy Weaver, and KeyBank’s Gregg Bach and Christopher Naso, explore cybersecurity and its impact on M&A....
By Adam Burroughs
September 17, 2021
Anatomy of distressed investments
James Loughlin, Mike Teplitsky, Robert Berdanier, Robert Diehl Jr., and Vlad Slapak dive into investing in distressed companies, as well as how to analyze your company’s people, operations, and finances to understand if you need to restructure....
By Adam Burroughs
August 13, 2021
How to secure a premium value for your company
Tom Zucker, Mark Jones and Art Anton discuss the factors that most often lead to securing a premium valuation....
By Adam Burroughs
July 16, 2021
David Sowerby on business owners’ post-exit popularity
David Sowerby, managing director and portfolio manager at Ancora, has some words of wisdom for eager, soon-to-be investors....
By Adam Burroughs
June 25, 2021
Brian Rassel: People make the deal
Brian Rassel, a partner at Huron, on his approach to analyzing the people aspect of a deal....
By Adam Burroughs
May 28, 2021
Paths to public: Mina Sooch on reverse merger vs IPO
Mina Sooch explains how the reverse merger process she took taking Ocuphire Pharma Inc. public compares to her prior IPO experiences....
By Adam Burroughs
March 5, 2021
David Brophy says organize the venture world!
David Brophy, Professor of Finance, Ross School of Business, University of Michigan, talks about the venture capital ecosystem and what its continued growth means for Michigan, the Detroit region, and the scale-up community that’s looking for growth capital....
By Adam Burroughs
January 22, 2021
Carolyn Cassin on the good news/bad news of venture funding for women
Carolyn Cassin, BELLE Michigan Impact Fund founder and general partner talks about the challenges women entrepreneurs face and how her fund is designed to help....
By Adam Burroughs
December 22, 2020
The Softer Side of the Selling: Communications and Internal Prep
Jerrad Beauchamp, Andy Billman, Chris Meso and Tom Zucker explore the softer side of sell-side communications and internal deal prep....
By Adam Burroughs
November 24, 2020
Kathleen McCann sees a tale of two economies
Is it the best of times? Or is it the worst of times? The answer, according to Kathleen McCann, executive chairman of United Road Services and executive partner at Nonantum Capital Partners, is both....
By Dustin Klein
October 16, 2020
Why Deals Fail
Deals can fail in the early stages. But if you can recognize the red flags and get out early from a bad deal, you won’t waste your time and money....
By Adam Burroughs
June 12, 2020
Early-Stage Entrepreneurs Need To Focus On Creativity, Mitigating Risk To Close Deals
The landscape for showcasing early-stage companies to potential buyers and investors has changed dramatically in the face of COVID-19, says David Weaver, chief investment officer at City Side Ventures....
By Dustin S. Klein & Mark Scott
May 29, 2020
Summa Health, Beaumont Health End Partnership Plans
The two organizations had been working over the last year to create a partnership, signed a definitive agreement in December 2019 and later received all necessary state and federal regulatory approvals....
By SBN Staff
May 15, 2020
PMCF’s Joe Wagner: Dealmaking Community Continues To React, Respond To COVID-19
Dealmaking has been slowed by the COVID-19 pandemic, but activity hasn’t stopped, says Joe Wagner, managing director and partner at Plante Moran Corporate Finance....
By Dustin S. Klein & Mark Scott
April 23, 2020
Ancora’s David Sowerby Sees Opportunity For Buyers Coming Out Of COVID-19
Ancora's David Sowerby expects acquisitive companies to find targets at more attractive valuations as a result of the COVID-19 pandemic....
By Dustin S. Klein & Mark Scott
April 1, 2020
Resilience Capital Partners invests in Leader Auto Resources
Leader Auto Resources and Resilience Capital Partners are partnering to expand LAR’s auto dealership sourcing and service business in the U.S....
By Adam Burroughs
March 20, 2020
Greenwich Capital Group’s Andrew Dickow Shares How Coronavirus Is Impacting His Approach To Dealmaking
Dealmaking won't be the path to economic recovery from the coronavirus pandemic, but it can certainly play a role in it, says Andrew Dickow....
By Mark Scott
March 19, 2020
Chip McClure: Dealmaking Can Open The Door To New, Innovative Business Opportunities
Discipline is a crucial component to being an effective dealmaker, says Michigan Capital Advisors’ Chip McClure....
By Mark Scott
March 11, 2020
Riverside Invests In Kalamazoo-Based National Flavors
National Flavors creates and produces flavors for use in beverages, frozen desserts, baked goods, confections and processed fruits....
By Mark Scott
March 5, 2020
Robert Levin Makes Deal To Save Levin Furniture From Closing
Levin has reached an agreement to acquire the Pennsylvania and Ohio assets of Levin Furniture and Wolf Furniture through a court restructuring of the parent company Art Van Furniture LLC....
By Mark Scott
