Auxo Investment Partners Acquires Altus Industries; Spectrum Health Ventures Joins as Strategic Partner
August 23, 2021
Auxo Investment Partners has acquired Altus Industries Inc., a Grand Rapids-based designer and manufacturer of medical point-of-care workstations. Spectrum Health Ventures, a major Altus customer, is joining the transaction as a strategic partner as the deal forms part of the co-founders' succession plan.
- Targets
- Altus Industries Inc.
- Sellers
- Craig VanderHeide, Eric Kahkonen
- Industry
- Medical Devices
- Location
- Michigan, United States
- Transaction Type
- Buyout
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