Three years after forming a fund to invest in companies needing growth capital, Charter Capital Partners LLC has begun preparing to start a larger, successor fund. With investments in nine companies over three years and a robust pipeline of prospects, the deal flow indicates continued demand for a second fund that targets investments in a segment of …
Charter Capital Partners to raise second, larger mezzanine fund Read More »
After an active dealmaking year in 2021 that was fueled by private equity, the M&A outlook for 2022 is slightly more clouded as inflation grows to 40-year highs, the Federal Reserve begins bumping up interest rates and Russia’s invasion of Ukraine disrupts financial markets. Still, business executives and M&A experts forecast a busy year as …
Inflation, interest rates, global conflict complicate M&A outlook Read More »
Born and raised in West Michigan, Mark Streekstra returned to Grand Rapids in 2019 to join investment banking firm Charter Capital Partners after working deals for nearly 12 years in Chicago at a multinational company. In less than three years back on his home turf, Streekstra has been promoted to managing director while growing the firm’s investment banking group and providing advisory services on M&A, capital raises, valuation …
Facing a surge in demand for its products over the last couple of years, Rick Hughes saw a need to significantly expand his business. Hughes’ Montague-based MasterTag Inc. exclusively supplies the horticulture industry with printed labels and tags for plants. As more people took to their gardens during the COVID-19 pandemic, sales at greenhouse and home and garden centers rose, …
M&A: Spike in gardening interest spurred MasterTag sale Read More »
Charter Capital Partners, a Grand Rapids, Michigan-based investment bank, announced that its client, Advanced Service Solutions (Advanced), a portfolio company of BHMS Investments, LP (BHMS) has been acquired by Powerhouse Retail Services, LLC (Powerhouse), a portfolio company of Lincolnshire Management, Inc. (Lincolnshire). Founded by Jeff Tunis in 2007 and based in Hammonton, New Jersey, Advanced …
Advanced Service Solutions Acquired by Powerhouse Read More »
Tramec Sloan, a division of Tramec, LLC, announced the acquisition of Penz Products, Inc. on December 31, 2021, bringing together two established US manufacturers to broaden and strengthen manufacturing capabilities. Penz Products is a diverse manufacturer, located in Mishawaka, Indiana, serving a variety of markets, principally commercial vehicles. It was founded in 1956 by Wally …
Dental Care Alliance (DCA) proudly announces the addition of Modern Dental Care, a multi-location general dentistry group in Wisconsin, to its growing family of allied practices. With 14 unique brands, the Modern Dental Care team embraces the doctor-patient relationship – one where the doctors are committed to providing compassionate patient care and collaborating with each …
Modern Dental Care acquired by Dental Care Alliance Read More »
Smart Label Solutions has been acquired by Barcodes, Inc. Smart Label Solutions, a process engineering and Radio Frequency Identification (RFID) solutions company founded in 2005, provides solutions to automate and optimize the supply chain for a wide range of industries. SLS manufactures and integrates RFID solutions, combining the right RFID hardware, software and industry leading …
Smart Label Solutions Acquired by Barcodes, Inc. Read More »
Charter Capital Partners, a Grand Rapids, Michigan-based investment bank, today announced that its client, ISG Technologies, has been acquired by Supply Chain Services, a portfolio company of Sole Source Capital. The acquisition adds to Supply Chain Services’ product portfolio and expands its geographic reach into Texas. Charter Capital Partners principals served as exclusive M&A advisor to ISG …
ISG Technologies Acquired by Supply Chain Services Read More »
As a transformational merger between two office furniture giants heads for final approval, the details of their seven-month courtship offer insight into a deal that could change the industry’s landscape. The pending deal, which is up for shareholder votes at both companies on July 13, was the result of back-and-forth proposals that began in December …
Public filings shine unusual spotlight on $1.8B Herman Miller-Knoll deal Read More »
Charter Capital Partners, a Grand Rapids, Michigan-based investment bank, today announced that its client, DENTCO, a leading provider of outsourced exterior services management, has been acquired by Powerhouse, a provider of national construction services, facility maintenance, and rollouts. Powerhouse is owned by Lincolnshire Management, a middle-market focused North American private equity firm. Charter Capital Partners principals …
Charter Capital Partners, a Grand Rapids, Michigan-based investment bank, today announced that its client, Optical Phusion, Inc. (OPI), an industry leader in self-service kiosks, enterprise mobility, and wireless technology solutions, has been acquired by Sole Source Capital LLC, an industrial-focused private equity firm. Sole Source simultaneously acquired Peak-Ryzex and merged the companies, both premier providers …