Acquisitions in Michigan, United States

Natus Sensory acquired TheraB Medical, a Michigan-based medical technology company focused on wearable phototherapy solutions for treating neonatal jaundice. The deal expands Natus Sensory’s newborn care portfolio by adding TheraB’s FDA 510(k)-cleared SnugLit swaddle-style wearable phototherapy system, supporting broader adoption of family-centered care models across hospital and other care settings.

Arthur J. Gallagher & Co. acquired 3D Advisors, a Shelby Township, Michigan-based brokerage general agency providing life insurance, annuity, and long-term care solutions for financial advisors. The acquisition expands Gallagher’s employee benefits consulting and brokerage platform by adding specialized life and annuity distribution capabilities. Financial terms were not disclosed.

Precision Door Tri-State (PDS Tri-State), a portfolio company of Monogram Capital Partners, acquired Foris Solutions, a multi-territory Precision Door Service/Precision Garage Door Service franchisee. Foris founder Steve Freitas will retain a minority stake and join PDS Tri-State’s board, and Foris COO Doug Issacson will become COO of the combined platform. The deal expands Monogram’s investment in the Precision Door ecosystem and creates one of the largest, most diversified operators in the Precision Door Service system.

ORBIS Corporation acquired thermoforming specialist Robinson Industries to expand its manufacturing footprint and accelerate delivery of reusable, sustainable packaging solutions across global supply chains. Robinson Industries, founded in the 1940s and headquartered in Coleman, Michigan, will transition to the ORBIS brand; the deal includes Robinson’s two Coleman manufacturing facilities and approximately 100 employees. Financial terms were not disclosed.

Tandem Engineering acquired Ann Arbor Architects Collaborative, Inc., a multidisciplinary architecture and interior design firm headquartered in Ann Arbor, Michigan. The transaction closed on February 2, 2026, with Generational Group serving as M&A advisor to the seller.

Technology Management Concepts (TMC), a Microsoft-focused consulting firm, acquired The TM Group (TMG), an ERP/CRM consulting firm. The deal strengthens TMC’s Microsoft ERP, CRM, Power Platform, and cloud capabilities and expands its ability to support customers with modern data, automation, and AI solutions; financial terms were not disclosed.

G2 Consulting Group, a Troy, Michigan-based provider of geotechnical, environmental, and construction engineering services, acquired Construction Testing Services (CTS). The deal adds CTS’s local materials testing and geotechnical capabilities and team to G2’s Michigan footprint, with G2 planning to keep the CTS office and staff while expanding back-office and engineering support. Financial terms were not disclosed.

Merit Financial Advisors, a Georgia-based wealth management firm, acquired TL Financial Group, its first office in Michigan, expanding into the Detroit metro area. The transaction adds approximately $217 million in client assets, and TL founder Tony LaJeunesse will join Merit as a wealth manager, area director, and partner. Financial and legal terms were not disclosed, and the deal closed on January 23, 2026.

BSM Acquisition, LLC (Cincinnati, Ohio) acquired Bauer Sheet Metal and Fabricating Inc., a family-owned metal fabricator based in Muskegon, Michigan. The deal closed in October and was advised by Calder Capital, enabling owners Mike and Pat Bauer to retire while supporting continued growth under new ownership; financial terms were not disclosed.

Credent Wealth Management (CX Institutional, LLC d/b/a Credent), a fee-only registered investment advisor (RIA) headquartered in Indiana, acquired MainStreet Financial Advisors (Michigan) and First State Investment Advisors (Tulsa, Oklahoma). The two deals add a combined approximately $250 million in AUM and about 350 clients, expanding Credent’s footprint as it enters 2026 following its long-term capital partnership with Crestline Investors.

New Charter Technologies, a portfolio company of private equity firm Oval Partners, announced that Michigan-based technology solutions provider NetSource One has joined the New Charter platform. The combination expands New Charter’s capabilities for regulated and security-conscious customers, leveraging NetSource One’s compliance experience (SOC 2 Type II, HIPAA, and CJIS authorization) and bringing more than 75 employees into the platform.

The Colt Group, backed by Capstreet, acquired Watertap, Inc., a provider of critical line intervention services serving utilities and contractors in the Great Lakes region. The deal makes Watertap a regional anchor within Colt’s line intervention platform to expand coverage and capabilities across U.S. markets. Terms of the transaction were not disclosed.

Threadlock Precision, a U.S.-based network of precision manufacturing companies backed by The D. E. Shaw group, acquired Kremin Inc., a CNC machining business based in Frankenmuth, Michigan. Kremin serves aerospace, defense, and medical markets and adds specialized tight-tolerance and Swiss machining capabilities to Threadlock Precision’s growing aerospace and defense-focused manufacturing network.

Netform, a portfolio company of Torque Capital Group, completed its merger with Lavalier Corporation (dba Tapemaster), a provider of precision CNC machining and inspection services. The combination expands Netform’s advanced manufacturing platform by adding CNC milling, turning, grinding, and inspection capabilities, strengthening its offering to aerospace & defense, automotive, and industrial customers.

Talon Metals Corp. completed its previously announced acquisition from Lundin Mining Corporation of the producing Eagle Mine and associated Humboldt Mill in Michigan, acquired via the sale of Lundin Mining’s subsidiary Lundin Mining US Ltd. Consideration included 275,152,232 Talon common shares (implied value of about US$127.0 million based on a five-day VWAP as of January 8, 2026) and a production payment royalty of US$1.00 per tonne (up to US$20.0 million) on non-Eagle ore processed through the Humboldt Mill.

Mercantile Bank Corporation completed its previously announced merger with Eastern Michigan Financial Corporation, combining two Michigan-based financial institutions. Under the integration plan, Eastern Michigan Bank will continue operating alongside Mercantile Bank until the first quarter of 2027, when Mercantile intends to consolidate Eastern Michigan Bank into Mercantile Bank subject to FDIC and Michigan Department of Insurance and Financial Services approvals. Eastern shareholders are entitled to receive $32.32 in cash and 0.7116 shares of Mercantile common stock for each Eastern common share.

Denison Consulting and Newmeasures combined through a legal merger effective January 1, 2026, operating under the name Denison Consulting, Inc. Following the merger, Newmeasures operates as a Denison Consulting practice, adding employee listening and feedback program design capabilities to Denison’s broader organizational performance, culture, and predictive analytics offerings.

Inszone Insurance Services acquired Voyage Benefits, LLC, a health and life insurance agency focused on individual health insurance and Medicare solutions. Voyage Benefits will continue operating from Grand Rapids, Michigan, with founder/principal Kelly Syren joining Inszone to expand Inszone’s benefits capabilities in Michigan and nationally.

HCAP Partners, a California-based private equity firm and impact investor, announced an investment in Puzzle Healthcare. The funding is intended to accelerate the growth and national scaling of Puzzle Healthcare’s post-acute care coordination platform delivering physiatry and care management services in skilled nursing facilities to help reduce hospital readmissions and improve patient outcomes.

RPM Freight Systems, LLC (RPM), a non-asset-based logistics and supply chain solutions provider backed by Trive Capital and Bluejay Capital, acquired Dealers Choice Auto Transport. Dealers Choice will continue operating under its existing brand, and the combination is intended to expand RPM’s dealership, auction, and personal vehicle transport capabilities while enhancing nationwide capacity and technology-enabled visibility.

Integrated Partners announced that Morrison Nordmann Wealth Management has joined its national financial planning and registered investment advisory platform. The Lansing, Michigan-based firm brings approximately $200 million in client assets and is expected to help deepen planning capabilities and support growth into more complex, higher-net-worth client relationships.

Detroit Manufacturing Systems, LLC (DMS) closed its previously announced acquisition of Android Industries, LLC and Avancez, LLC, combining the three businesses into a newly formed global manufacturing and assembly company, Voltava, LLC. Voltava is headquartered in Auburn Hills, Michigan, and is wholly owned by Bruce Smith, who will serve as Chairman and CEO. The combined company employs about 5,400 people across 21 global locations and serves end markets including automotive and industrial manufacturing.

HNI Corporation completed its acquisition of Steelcase Inc., combining two workplace furnishings industry leaders. Steelcase shareholders received a mix of cash and HNI stock (with multiple election options), and Steelcase will continue to be headquartered in Grand Rapids, Michigan following the closing.

RPM Freight Systems, LLC (RPM) acquired Professional Automotive Relocation Services (PARS) to expand RPM’s finished-vehicle logistics offering with corporate fleet services including driveaway, vehicle storage, and titling & registration. PARS will continue to operate as a stand-alone business under the PARS name while benefiting from RPM’s carrier network, OE relationships, and technology platform. RPM is backed by Trive Capital and Bluejay Capital; transaction terms were not disclosed and the acquisition is effective immediately.

Acme Finishing Company, a coatings services provider based in Elk Grove Village, Illinois, acquired Freedom Finishing of Benton Harbor, Michigan. Freedom Finishing (founded in 1988) operates a 60,000-square-foot facility specializing in powder and electrocoating of ferrous and nonferrous metals and serves end markets including automotive, appliance, furniture, recreation, military, and medical. The sellers, owners Gloria and Erik Ender, were advised by Calder Capital on the transaction.

High Performance Metal Finishing acquired KEPCO, Inc., a metal-finishing specialist focused on electropolishing, passivation, and cleaning of stainless-steel components. The transaction closed on December 4, 2025, and is intended to expand High Performance Metal Finishing’s production capacity and technical capabilities.

Production Saw and Machine, a manufacturer based in Clark Lake, Michigan, acquired Jackson Grinding Co. (based in Jackson, Michigan) effective Dec. 4. The deal enables Production Saw and Machine to expand its customer base while retaining the Jackson Grinding name, location, and employees, as the seller’s president Michael Alexander planned to retire. Financial terms were not disclosed.

Evive Brands acquired Shine, a Jenison, Michigan-headquartered franchisor providing residential and commercial exterior services such as window cleaning, pressure washing, roof and gutter cleaning, and holiday lighting. The Riverside Company, Evive Brands’ private equity sponsor, invested in Shine as an add-on acquisition to expand Evive’s home-services franchise platform across the United States.

Center Rock Capital Partners, LP acquired GHSP, a global provider of mechatronic systems, smart actuators, and electronic control solutions primarily serving automotive OEMs. GHSP, founded in 1924 and headquartered in Holland, Michigan, designs and manufactures advanced shift systems and other precision control technologies, and the partnership is intended to support continued growth and expansion.

Hilb Group acquired a Michigan-based property and casualty insurance agency, effective December 1, 2025, to expand its property and casualty offerings across the Midwest. Hilb Group is an insurance brokerage and advisory firm and a portfolio company of The Carlyle Group.

VersiCare Group, a partner of Seven Hills Capital, acquired Michigan-based CHS Group, LLC, a provider of Community Living Support (CLS) and respite services for individuals with intellectual and developmental disabilities in southeastern Michigan. CHS will become a division of VersiCare’s ExpertCare organization, expanding VersiCare’s reach to nine Michigan counties while maintaining CHS’s local identity and continuity of caregivers.

ASSA ABLOY acquired International Door Products (IDP), a U.S. manufacturer of standard and custom fire-rated steel door frames. IDP, founded in 1977 and based in Southfield, Michigan, expands ASSA ABLOY Opening Solutions Americas’ portfolio and is expected to be accretive to earnings per share from the start.

An affiliate of H.I.G. Capital completed a significant investment in GT Independence, LLC, a national financial management services provider supporting Medicaid Self Directed Care (SDC) programs. GT Independence will continue to be led by President and CEO John Carmichael, who will remain a significant shareholder, as the company expands its reach and services.

An affiliate of Angeles Equity Partners acquired a majority interest in Technique, Inc., a precision metal fabrication and prototyping solutions provider. Technique, founded in 1991 and headquartered in Jackson, Michigan, will continue to be led by founder and CEO Ronnie Johncox as Angeles supports investments in operational infrastructure and advanced manufacturing capabilities. Financial terms were not disclosed.

Compass Precision, LLC acquired Trutron Corporation, a precision machining manufacturer headquartered in Troy, Michigan. Trutron, founded in 1967 and focused primarily on aerospace applications, becomes Compass Precision’s 10th operating company as it expands its portfolio of close-tolerance, mission-critical metal component manufacturers.

Apex Test Labs acquired the operations of Bureau Veritas’ electrical testing laboratory in Auburn Hills, Michigan. The acquisition expands Apex’s electrical component testing capabilities while maintaining continuity of service, personnel, and leadership at the lab. Apex Test Labs is backed by BGM Ventures and the Trilogy Group.

Reseda Group, a wholly owned credit union service organization of MSU Federal Credit Union (MSUFCU), acquired Tandem, an Ann Arbor, Michigan-based fintech app that helps couples manage shared finances. Reseda Group plans to integrate Tandem into its portfolio to expand from couples-focused expense sharing into broader family and multi-generational digital banking tools. As part of the acquisition, Tandem co-founders Michelle Winterfield and Dan Couvreur will join Reseda Group as Vice Presidents to continue leading the product’s evolution.

Rapson Performance Group acquired Katech Engineering, an engine- and vehicle-building firm founded in 1977, to expand capabilities in high-performance engineering and racing markets. Katech Engineering was acquired from Enginuity Power Systems, with the deal intended to broaden product and service offerings and accelerate engineering and development across motorsports and performance applications.

Thrive, a global technology outsourcing provider and managed services firm, announced the acquisition of Worksighted, an IT services company specializing in personalized IT support across infrastructure and security through training and ongoing support. Worksighted, headquartered in Michigan, becomes Thrive’s fifth acquisition of 2025 and expands Thrive’s presence in the Central United States/Midwest.

BlueGrace Logistics, a managed logistics (3PL) provider backed by Warburg Pincus, acquired STB Freight Group, a Michigan-based managed logistics company with a strong Midwest presence. The deal expands BlueGrace’s footprint and provides STB customers access to BlueGrace’s broader managed transportation services and technology-driven optimization across modes (including LTL, truckload, refrigerated, and multimodal).

Thrive, a global managed services provider (MSP/MSSP) focused on cybersecurity, cloud, and IT managed services, announced the acquisition of Worksighted. Worksighted is a Michigan-based IT services company providing personalized IT support across infrastructure, security, ongoing support, and training, expanding Thrive’s presence in the Central United States/Midwest.

AtkinsRéalis Group Inc. acquired C2AE, Inc., a Michigan-based architecture and engineering firm with eight locations and about 120 professionals across Michigan and upstate New York. Headquartered in Lansing and founded in 1966, C2AE provides architecture and multi-discipline engineering services (civil, structural, mechanical, electrical) to public- and private-sector clients, including government and transportation agencies. The deal supports AtkinsRéalis’ U.S. growth strategy by expanding its Upper Midwest footprint and capabilities in end-markets such as water, transportation, and buildings.

Doeren Mayhew, a national assurance, tax and advisory firm, acquired Novotny CPA Group effective November 6, 2025. The deal expands Doeren Mayhew’s presence in West Michigan; Novotny’s team moved into Doeren Mayhew’s Grand Haven and Grand Rapids offices, and partners Randy Novotny and Tom Winkelman joined as principals.

Benchmark Beverage Co., a Livonia, Michigan-based beverage company, acquired the Altes Beer brand from Detroit National Brewing Co. Benchmark plans to expand the brand with new products and a broader manufacturing and distribution footprint while keeping brewing operations in Michigan. Detroit National Brewing partners Eric Stief, Carl Erickson, and Pat Kruse will remain involved with the Altes team post-transaction.

Golling Automotive Group, led by Bill Golling, acquired Mark Chevrolet, an automotive dealership in Wayne, Michigan. The dealership was sold by Charles Cabana (represented by the Cabana family) with Performance Brokerage Services serving as exclusive advisor, and will be renamed Golling Chevrolet while remaining at its current location.

Uncommon Equity LLC (UEQ) acquired Grand Rapids-based Project BarFly, LLC, which operates the HopCat casual dining restaurant chain. HopCat operates 12 locations across Michigan (including Stella’s Lounge in Grand Rapids) and one location in Lincoln, Nebraska; financial terms were not disclosed. The company’s leadership team remains in place, with OakNorth Bank PLC providing senior debt financing for the transaction.

Strength Capital Partners, LLC made an investment in and partnered with Grand Equipment Company, a full-service construction equipment distributor providing rentals, sales, parts, and service across Western Michigan. Grand Equipment Company, headquartered in Hudsonville, Michigan, was acquired from Cognitive Capital Partners.

Lightview Capital announced a strategic investment in FSS Technologies, a provider of integrated fire, security, life safety, and technology solutions for commercial and institutional clients. FSS Technologies is headquartered in Ann Arbor, Michigan, and the partnership is intended to support growth initiatives including service expansion and strategic acquisitions. Glass Lake Holdings (GLH) acted as the independent sponsor for the transaction and will continue supporting future M&A and operational initiatives.

GFL Environmental acquired Plummer's Environmental Services, Inc., an industrial and municipal environmental services provider. Headquartered in Grand Rapids, Michigan, Plummer's offers services including industrial waste collection/transportation/treatment/disposal and municipal sewer maintenance and hydro excavation. The deal expands GFL’s environmental services platform and regional presence in Michigan.

DuBois Chemicals acquired Broadmoor Products, Inc., a provider of water treatment specialty chemistry products and services based in Grand Rapids, Michigan. The deal supports DuBois' strategic growth plan to expand its Water Solutions business and broaden service coverage across the United States and Canada. Financial terms were not disclosed, and Broadmoor’s leadership team will remain in place post-transaction.

Funded Ventures’ residential and commercial HVAC platform, led by Jim McFarland, acquired Naugle Heating & Cooling in Tecumseh, Michigan. The deal is cited as part of Funded Ventures’ seed portfolio buildout across essential-service sectors in the Midwest; financial terms were not disclosed.

Arthur J. Gallagher & Co. announced it has acquired Strategic Services Group, Inc., an employee benefits consulting firm based in Rochester Hills, Michigan. Financial terms were not disclosed. Strategic Services Group’s team will remain in place and operate under Gallagher’s Great Lakes region employee benefits leadership.

Saothair Capital Partners, through a newly formed affiliate, completed the acquisition of AAI from Halma Holdings Inc. Following the transaction, AAI will be renamed Air Products and Controls Inc. (APC), restoring the company’s historic commercial-market brand. AAI is headquartered in Auburn Hills, Michigan and designs and manufactures fire and life safety detection solutions for residential and commercial applications.

Active Thermal Solutions acquired D&B Heat Transfer Products, Inc., a Grand Rapids, Michigan-based provider of radiator and heat-exchanger repair, fabrication, and aftermarket parts distribution. Active Thermal Solutions is backed by LDR Partners LP, and the deal expands Active’s upper Midwest footprint. Following the transaction, D&B will be integrated into Active Radiator’s operations to strengthen regional service coverage and capabilities such as DPF cleaning.

Arcwood Environmental, a national provider of sustainable waste management and environmental services, acquired ERG Environmental, a Michigan-based hazardous waste solutions and remediation services provider. The deal strengthens Arcwood’s operational presence across the Great Lakes region and expands its capabilities in industrial environmental services, compliance support, emergency response, and regulatory training.

Peli BioThermal acquired the Evo cryogenic cold-chain logistics portfolio, including cryogenic shippers and the evoIS technology platform, from BioLife Solutions for $25.5 million in cash (subject to adjustments). The Evo operations and team in Bruce Township, Michigan will continue as part of Peli BioThermal, expanding its temperature-controlled logistics offerings for the cell and gene therapy market. The deal represents an add-on acquisition for Peli BioThermal, which is owned by Platinum Equity (via Pelican Products).

NSF, a global public health and safety organization, has acquired Cambium Analytica, an analytical testing and development company serving the natural food, beverage and dietary supplement industries. Cambium’s in-process QA, batch release testing, contract research and product development capabilities will expand NSF’s Food and Nutrition division offering. Cambium Analytica will operate as “Cambium Analytica, an NSF company” and continue from its Traverse City, Michigan headquarters.

National Manufacturing Group announced the acquisition of Fiber-Tech Inc to expand its capabilities in custom fiberglass composite molding for OEM customers. Fiber-Tech (founded in 1987) adds end-to-end composite capabilities from concept and design through prototyping, tooling, and full-scale production, strengthening National’s multi-plant manufacturing footprint.

Dreamscape Industries completed its previously announced acquisition of LifeSecure Insurance Company, effective October 3, 2025. Following the transaction, Ross Aron was appointed president and CEO of LifeSecure, and the company will retain its Michigan headquarters while continuing to offer supplemental health and long-term care insurance products.

Serata Capital Partners and Paceline Equity Partners completed the acquisition of EventLink Holding Company (EventLink Group), a Sterling Heights, Michigan-based provider of experiential marketing execution and activation services for major brands and agencies. Fort Point Capital sold its investment after backing the company since 2017; EventLink’s management team, led by CEO Kevin Otis, will remain in place. Transaction terms were not disclosed.

Wynnchurch Capital, L.P. acquired Charter Industries, LLC, a vertically integrated North American supplier of edgebanding solutions and complementary products. Charter Industries is headquartered in Grand Rapids, Michigan and serves over 4,500 customers across end markets including healthcare, education, and hospitality. The transaction represents an exit for prior owner Incline Equity Partners, which announced the sale of Charter to Wynnchurch.

Adams Outdoor Advertising acquired Toledo-Detroit Outdoor (TDO Advertising), expanding its out-of-home advertising footprint in southeast Michigan and into northwest Ohio. The deal adds 70 billboard displays (18 digital and 52 static faces) across the Detroit, Michigan and Toledo, Ohio DMAs to Adams’ network.

Federal regulators approved Watco’s acquisition of the 420-mile Michigan regional Great Lakes Central Railroad (GLC), with the transaction set to become effective September 28. The U.S. Surface Transportation Board granted the deal subject to a condition that Watco maintain currently active GLC and Ann Arbor Railroad gateways on commercially competitive terms, subject to cooperation from third-party interline partners.

Ferrero Group completed its previously announced acquisition of WK Kellogg Co, making WK Kellogg a wholly owned subsidiary of Ferrero. WK Kellogg shareholders will receive $23.00 per share in cash, and the company has ceased trading and will no longer be listed on the New York Stock Exchange. Ferrero said the deal supports its strategic growth in North America and plans to invest in WK Kellogg’s portfolio across the United States, Canada and the Caribbean.

Amynta Group announced that its subsidiary, First Nonprofit Companies, Inc. (FNP), has acquired Unemployment Services, Inc. (USI), an unemployment insurance cost control and administration services provider based in Michigan. The transaction terms were not disclosed, and USI founder and president Kent Downey will continue to lead the business as it integrates with FNP.

SiteOne Landscape Supply, Inc. acquired Autumn Ridge Stone & Landscape Supply, a wholesale distributor of hardscapes products and landscape supplies. Autumn Ridge operates one location in Holland, Michigan, expanding SiteOne’s footprint and offerings in the Western Michigan market.

Royal Oak Recycling received a strategic equity investment from Tamarix Equity Partners. The investment is intended to support Royal Oak Recycling’s expansion and service delivery capabilities across the United States, helping fuel long-term sustainable growth.

Genesee Scientific acquired Jade Scientific, a Michigan-based distributor of chemicals and consumables serving clinical reference, pharma/biotech, industrial, and environmental laboratories nationwide. The deal expands Genesee Scientific’s lab essentials portfolio and strengthens its ability to serve customers across academia, biotech, and diagnostic labs.

Wesco Group LLC, a distributor of paint, body and equipment (PBE) products in the U.S. and Canada, announced it has acquired DealerShop's Paint Distribution Division. The deal is intended to expand Wesco Group's footprint and service capabilities across the United States and further strengthen its position in the PBE distribution market.

Truven by Merative, a healthcare analytics and real-world data solutions provider, has acquired Springbuk, a health intelligence platform used by employers and their advisors. The deal expands Truven’s employer-market offering by adding Springbuk’s cloud-native Health Intelligence Platform and Activate Marketplace and brings more than 7,500 small- and mid-market employers into Truven’s customer base.

Elevator Service, Inc. (ESI), parent of City Elevator of Michigan, acquired Elevator Technology, an elevator service provider based in Detroit. Following the transaction, Elevator Technology will operate under City Elevator of Michigan to expand ESI’s presence in the Detroit metro area as founder Wayne Bolen retires.

The Stonewall Group, a private investment firm focused on architecture and engineering services, announced a partnership with AMDG Architects. AMDG Architects, an architecture and interior design firm headquartered in Grand Rapids, Michigan, becomes The Stonewall Group’s sixth partnership as the firm continues building its A&E platform across the United States.

Vessco Water acquired R.L. Deppmann Company, a leading manufacturer's representative specializing in commercial HVAC, plumbing, and water systems across Michigan and Northern Ohio. The combination expands Vessco Water’s distribution network and adds R.L. Deppmann’s product portfolio and engineering expertise. Transaction terms were not disclosed.

Brightstone Specialty Group, a wholly owned subsidiary of Highstreet Insurance Partners, acquired RMS Hospitality Group and its sister company Fortis Risk Solutions. The deal expands Brightstone’s specialized insurance capabilities in franchise food, hospitality, and restaurant sectors nationwide, with RMS HG operating as a hospitality insurance program administrator and Fortis supporting claims administration.

Alloy Roofing, a roofing services platform company based in Atlanta, announced a partnership with Tittle Brothers Construction, a roofing and exteriors services provider headquartered in Brownstown Township, Michigan. The transaction expands Alloy’s presence in the Midwest and provides Tittle Brothers additional resources to grow and invest in its team while continuing to serve customers across Metro Detroit, Ann Arbor, and surrounding communities.

HistoSonics, a University of Michigan spin-out and developer of the Edison Histotripsy System, sold a majority stake to a syndicate of global investors led by K5 Global, with participation from Bezos Expeditions and Wellington Management, valuing the company at $2.25 billion. The investment is intended to accelerate HistoSonics’ expansion beyond liver tumors into additional indications including kidney, pancreas, and prostate treatments.

Brattle Technologies, a family-owned holding company of specialty businesses, acquired Lockwood Manufacturing Co., with the transaction closing on August 8, 2025. Lockwood Manufacturing Co., headquartered in Livonia, Michigan, designs and manufactures aluminum and steel-based equipment (including racks, cabinets, carts, heat units and material handling equipment) serving foodservice, hospitality, healthcare, industrial and laboratory end markets. The business was previously owned by CEO David Lamson, who will join the board, while Matt Phillips was promoted from president to CEO post-close.

Arthur J. Gallagher & Co. acquired Dion Leadership, Inc., a Novi, Michigan-based leadership coaching and organizational development consulting firm. Financial terms were not disclosed, and Dion Leadership will continue operating from its current location under Gallagher’s Talent Consulting leadership.

EyeSouth Partners completed its acquisition of Sunvera Group, marking EyeSouth’s first expansion into the Michigan market. The deal adds Sunvera’s affiliated network of 15 practices and 4 ambulatory surgery centers across Michigan, Ohio, and Pennsylvania, expanding EyeSouth’s national physician-led eye care management services footprint.

4M Building Solutions, a commercial cleaning and janitorial services platform backed by O2 Investment Partners, acquired Calvary Building Services (CBS) of Grand Rapids, Michigan. The deal expands 4M’s footprint in the Grand Rapids/West Michigan region and adds CBS’s commercial and specialty cleaning capabilities; transaction terms were not disclosed. CBS founder Matt Joyce will continue with 4M in a Grand Rapids-area leadership role.

Sagepoint Energy, LLC closed its acquisition of Peoples LFG, LLC, a landfill gas-to-electricity facility located in Birch Run, Michigan, from North American Power Systems, LLC. The acquired plant has a 4.8 MW generating capacity and has operated for more than 20 years. Sagepoint plans to invest in converting the facility into a landfill gas-to-renewable natural gas (RNG) project, with construction expected to begin in 2025 and commercial operations anticipated in 2026.

Pro Shop, a golf media and commerce company, announced the acquisition of GolfWRX, a long-running online golf news, gear reviews, and community forums platform founded in 2005. GolfWRX will continue to operate with editorial independence while gaining access to Pro Shop’s creative/production resources and broader distribution opportunities to support modernization and audience growth.

Align ENT + Allergy (backed by Zenyth Partners) affiliated with Allergy & Asthma Physicians of Commerce Township (AAPCT), an allergy and asthma practice founded in 2008 serving the suburban Detroit market across two clinic locations. The partnership is intended to support AAPCT’s growth strategy by expanding its provider base and strengthening infrastructure while maintaining its local brand. Physician Growth Partners served as exclusive financial advisor to AAPCT on the transaction.

CX Institutional, LLC d/b/a Credent Wealth Management, a fee-only registered investment advisor headquartered in Indiana, acquired TFG Advisors, a Michigan-based financial advisory firm with approximately $420 million in assets under management. The acquisition expands Credent’s presence in Michigan with offices in Auburn Hills and Ann Arbor, and supports the succession plans of TFG’s founding partners while keeping the existing advisory team in place to serve clients.

Valesco Industries completed a majority recapitalization/acquisition of Five Lakes Manufacturing, a manufacturer of interior commercial and architectural wood doors headquartered in Clinton Township, Michigan. Brookside Capital Partners participated alongside Valesco by providing subordinated debt and an equity co-investment, with Comerica Bank serving as the senior lender. Selling shareholders rolled/partnered in the transaction; financial terms were not disclosed.

Coretek, a provider of artificial intelligence, cloud, and security services, acquired Total Solutions, Inc., a Detroit-area Microsoft solutions partner focused on AI, data, and Power Platform implementations. The deal expands Coretek’s national capabilities across Microsoft Cloud and digital AI transformation, and the combined organization will operate under the Coretek brand as Coretek, LLC.

Ryan Specialty completed the acquisition of the business of J.M. Wilson Corporation (JM Wilson), a Michigan-based specialty insurance organization. JM Wilson’s operations will be integrated as part of RT Binding Authority, Ryan Specialty’s binding authority specialty.

Aebi Schmidt Holding AG completed an all-stock merger in which an indirect, wholly owned Aebi Schmidt subsidiary merged with and into The Shyft Group, Inc., creating the combined company named Aebi Schmidt Group. The transaction closed on July 1, 2025, with Shyft shares exchanged for approximately 1.04 shares of the combined company, and Shyft’s common stock subsequently delisted from Nasdaq. The combined company’s shares are expected to trade on Nasdaq under the ticker AEBI (and when-issued as AEBIV).

Aledade acquired the Michigan-based value-based care operations of CCA Holding Company, Inc., expanding its presence supporting independent primary care practices in the state. The acquired assets include an Accountable Care Organization (ACO) and a Physician Organization operating in Southeast Michigan, along with related employees.

Doeren Mayhew, a national assurance, tax and advisory firm, acquired Grand Rapids-based accounting firm Benoit & Associates, CPAs, effective June 1, 2025. The acquisition is intended to deepen Doeren Mayhew’s tax practice and expand its presence in West Michigan; Benoit & Associates’ managing director Maurice Benoit joined Doeren Mayhew as a principal and the team relocated to Doeren Mayhew’s downtown Grand Rapids office.

Borgman Capital acquired Harlo Corporation, an 88-year-old, third- and fourth-generation family-owned manufacturer of rough terrain forklifts, attachments, and related service parts. Harlo will continue operating under the Harlo name with its current leadership team in place, with additional resources from Borgman Capital to expand capabilities, capacity, and product development. Transaction terms were not disclosed.

SpendMend, a provider of cost-savings solutions for healthcare organizations, acquired Mazree, a software platform used by health systems to redeploy and sell surplus/used medical equipment. The deal expands SpendMend’s cost cycle capabilities by adding Mazree’s cloud-based redeployment and auction technology (including Smart Auctions and Trade-In Desk) to help hospitals improve financial performance and sustainability.

Arax Investment Partners, a wealth management platform backed by RedBird Capital Partners, acquired Schechter Investment Advisors (SIA), the registered investment adviser arm of Schechter. Based in Birmingham, Michigan, SIA managed approximately $4 billion in assets as of May 31, 2025, and will integrate into Arax Advisory Partners. Schechter’s Advanced Design Life Insurance business will continue to operate separately as an independent entity.

ProMach has acquired DJS Systems, an automation supplier focused on the disposable food service packaging market. DJS Systems, headquartered in Homer, Michigan, will join ProMach’s Secondary Packaging business unit and complement existing ProMach brands such as Rennco.

Daisy, a national home and small business technology installation and services company, acquired Automation Design + Entertainment (AD+E), an award-winning technology integration business. The deal marks Daisy’s first branch in Michigan and expands its smart home and commercial integration presence in the Midwest; AD+E will continue to operate under founder and president Peter Cook’s leadership.

Zeigler Auto Group acquired the Jeep dealership franchise in Kalamazoo from LaFontaine Auto Group. The franchise, previously operating as LaFontaine Jeep Kalamazoo, will be relocated to Zeigler’s Stadium Drive headquarters and rebranded as Zeigler Chrysler Dodge Jeep RAM of Kalamazoo.

Peak Technologies, a portfolio company of Sole Source Capital, has acquired Automation Intelligence, LLC to expand its Smart Technologies capabilities in robotics and machine vision for digital supply chain applications. Automation Intelligence, a Flint, Michigan-based robotics systems integrator serving primarily the manufacturing sector, will continue operating with its existing management team. Financial terms were not disclosed.

Auxo Investment Partners acquired Bay Cast Incorporated and Bay Cast Technologies (collectively, Bay Cast), an integrated steel casting and precision machining company based in Bay City, Michigan. The Holman family (Scott, Max, and Jason Holman) will continue to lead the business and retained significant ownership as part of the transaction.

Province, a restructuring and financial advisory firm backed by Trivest Partners, announced the acquisition of O'Keefe, a Michigan-based advisory firm focused on litigation risk management and forensic accounting. The combination expands Province’s litigation advisory capabilities and Midwest presence and marks Province’s first acquisition since Trivest’s strategic investment in July 2024. Financial terms were not disclosed.

Edelman Financial Engines (EFE) announced the acquisition of Cahill Wealth Management, an investment advisory firm headquartered in Kalamazoo, Michigan managing approximately $426 million for 125 clients. The deal expands EFE’s Midwest presence and adds niche expertise serving executives in the pharmaceutical and life sciences industries. Cahill Wealth Management will be fully integrated and operate under the EFE brand.