M&A/PE Roundtable: Advisers see strong M&A market ahead, even as distressed deals, due diligence ramps up

January 6, 2019 - MiBiz

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. Roundtable participants expect to see greater due diligence on deals this year as economic growth eases. They’re also beginning to see more deals involving distressed companies and signs of pressure on high valuations.

Participating in the executive roundtable were:

  • Mike Brown, partner and managing director at Charter Capital Partners, a Grand Rapids-based investment banking firm

  • Jeff Helminski, managing partner at Auxo Investment Partners, a Grand Rapids-based private equity firm

  • John Pollock, managing partner at Ada-based private equity firm LV2 Equity Partners LLC

  • Peter Roth, partner at Grand Rapids-based law firm Varnum LLP, which sponsored the roundtable

  • Randy Rua, managing partner at NuVescor Group LLC in Grand Rapids and president of Rua Associates LLC in Zeeland

  • Eric Seifert, founder of Muskegon-based advisory firm Left Coast Capital Resources LLC

  • Jimmy TenBrink, director of business development at Grand Rapids-based Waseyabek Development Co. LLC, the non-gaming arm of the Nottawaseppi Huron Band of the Potawatomi

  • Don VanDine, regional vice president at Wells Fargo Bank in Grand Rapids

Here are some highlights from the conversation.

ADDITIONAL