Emma Klug
Ford Toughest Tailgate Tour to Visit Detroit This Week
As part of its recently established three-year partnership with the National Football League, Dearborn-based Ford Motor Co.’s Built Ford Tough Toughest Tailgate — an on-demand, nine-city tailgating tour — will visit Detroit this week.
OPS Solutions Moves to New Augmented Reality Technology Facility in Wixom
Novi-based OPS Solutions has moved to a new, custom-built facility in Wixom that will focus on the company’s augmented reality technology Light Guide Systems, which is primarily used for manufacturing in the auto and medical industries.
Birmingham’s Belfor Property Restoration Expands Texas Presence
In an effort to expand its footprint in Texas, Birmingham-based Belfor Property Restoration has acquired First Call Restoration in San Antonio. Terms of the November deal were not disclosed.
Grand Rapids Building Company Acquired by New York Firm, Renamed
Blue Wolf Capital Partners, a New York-based private equity firm, today announced that Blue Wolf Capital Fund III L.P., through an affiliate, has acquired New Zealand-based Tenon Holdings’ shares in NACS USA Inc., the Grand Rapids-based holding company for Tenon’s North American operating business. Terms of the deal were not disclosed.
Southfield’s Lear Corp. Launches New Design Studio
In an effort to offer differentiated seating designs, Lear Corp., a Southfield-based global supplier of automotive seating and electrical systems, has introduced a new design studio product service called Crafted by Lear.
Detroit-based Huron Capital’s XLerate Group Acquires Lone Star Auto Auction in Texas
XLerate Group, a nationwide auction and remarketing facilitation provider and a portfolio company of Detroit-based Huron Capital Partners, has acquired Lubbock, Texas-based Lone Star Auto Auction. Terms of the deal, which marks the fourth add-on acquisition for XLerate in partnership with Huron Capital, were not disclosed.
Lansing-based Neogen Acquires Chemical Company in England
Neogen Corp., a Lansing-based developer of food and animal safety products, has acquired Quat-Chem Ltd., a Rochdale, England-based chemical company. Terms of the deal were not disclosed.
Minnesota Metrology Company Opens New Facility in Wixom
Minnesota-based Zeiss Industrial Metrology has opened a new Car Body and Automation Center in Wixom.
Wealth Strategies Financial Group Opens in Southfield
Wealth Strategies Financial Group, a new independently owned and operated financial services firm, has opened its first office in Southfield.
Detroit’s Rockbridge Growth Equity Announces Sale of Purchasing Power to Flexpoint Ford
Detroit-based private equity firm Rockbridge Growth Equity today announced the sale of Atlanta-based Purchasing Power, a specialty e-retailer that offers a voluntary benefit to companies and membership organizations across the country. Flexpoint Ford, a private equity firm focused on the financial services and healthcare sectors, acquired the company. Terms of the deal were not disclosed.