GRAND RAPIDS — Two advertising services companies have joined forces in a bid to create a “one-stop shopping” experience for their clients. Digital advertising services provider Adtegrity.com Inc. has acquired Media Place Partners LLC, an East Grand Rapids-based media buyer, executives at the companies confirmed to MiBiz. Principals at the two firms say the deal, which closed June 30,
JACKSON - Small, independently owned power plants across Michigan are locked in a battle with Jackson-based Consumers Energy over what may very well decide their fate. In a rate case before the Michigan Public Service Commission that’s expected to be settled in mid July, state regulators are setting a new course for how these independently owned facilities
GRAND RAPIDS — A new venture capital fund in West Michigan closed on its first deal this week. Grand Ventures I LP was part of a syndicate of investors that invested $3.5 million in Cincinnati, Ohio-based Astronomer Inc., a company that provides a platform for clients to collect and analyze data. The deal came after Grand Ventures — which targets
GRAND RAPIDS - Lambert, Edwards and Associates Inc. of Grand Rapids launched a new practice last week, responding to the growing demands of clients who need services in strategic planning, raising capital or transitioning the business to the next generation. “It really came down to the leverage piece and our clients asking more from us
ALBION — Patriot Solar Group LLC of Albion on Monday filed Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Western District of Michigan. The Southwest Michigan company manufactures solar panel tracking systems, pole-mounted solar systems and other solar energy related products. Patriot Solar, which was formed in 2009 and is based at 1007 Industrial
DETROIT - Despite the rapid expansion of Michigan farmland dedicated to growing hops and grains for the state’s craft beverage sector, experts say the industry has more room to grow. A new Michigan State University Product Center study examines the potential economic impact for Michigan craft breweries to produce beer exclusively with in-state ingredients. It
GRAND RAPIDS — Drug developer Tetra Discovery Partners LLC said it’s closed on $5 million in new venture capital funding. The Apjohn Group in Kalamazoo and Holland-based Grand Angels led the investment with San Francisco-based venture firm Dolby Family Ventures. The closing elevated a Series A financing for Tetra Discovery to $7.27 million to support development
HOLLAND - Grand Angels has named Tim Parker, a former research and development executive at Bissell Inc., as its new president. Parker, who most recently ran his own exporting and consulting firm, succeeded Jody Vanderwel as president of the Holland-based angel investment network. He began work two weeks ago after six years of operating T.S.
GRAND RAPIDS - Software developer Blue Medora LLC raised nearly $7.5 million in capital in what one expert calls a “tough,” but “good” environment for companies seeking investors. The investment is part of an effort by the Grand Rapids-based company, which focuses on cloud system management, to raise up to $10 million in capital. Blue Medora
GRAND RAPIDS - Coming off its merger with eMerge West Michigan earlier this year, Grand Rapids-based Start Garden has spun off its venture capital arm into a new entity. Wakestream Ventures will now serve as the main investment vehicle for Start Garden, the organization founded by Amway scion Rick DeVos in 2012 as a $15
