Recent Transactions
Vi-Chem has been acquired by Americhem
Vi-Chem has been acquired by Americhem THE TRANSACTION In March 2016, Vi-Chem was acquired by Americhem. The transaction broadens Americhem’s product portfolio through Vi-Chem’s extensive knowledge and experience in TPEs and PVC compounds. DPP acted as the exclusive investment banking advisor to Vi-Chem and Varnum LLP served as legal advisor to Vi-Chem. Our Client VI-CHEM…
Read MoreNorthern Michigan Bank & Trust has been acquired by First Bancshares Corporation
Northern Michigan Bank & Trust has been acquired by First Bancshares Corporation THE TRANSACTION On November 12, 2015, First Bancshares Corporation (“FBC”) and Northern Michigan Corporation (“Northern”) announced the execution of a definitive agreement, whereby Northern Michigan Bank & Trust (“NMB&T”) would be acquired from Northern by FBC in an all-cash transaction. On March 4,…
Read MoreMillennium Industries Corporation has been acquired by TI Automotive
Millennium Industries Corporation has been acquired by TI Automotive THE TRANSACTION In February 2016, Millennium was acquired by TI Automotive. The transaction strengthens TI’s powertrain product portfolio, its technical resources and manufacturing capabilities. DPP acted as the exclusive investment banking advisor to Millennium. Our Client MILLENNIUM INDUSTRIES CORPORATION Millennium Industries Corporation (“Millennium” or the “Company”)…
Read MoreCooper-Standard Rockford has been acquired by an affiliate of Flex-N-Gate
Cooper-Standard Rockford has been acquired by an affiliate of Flex-N-Gate THE TRANSACTION In December 2015, Rockford was acquired by an affiliate of Flex-N-Gate. The transaction supplements Flex-N-Gate’s exterior trim product line and provides unique hardcoat capabilities. DPP acted as the exclusive investment banking advisor to Cooper-Standard. Our Client COOPER-STANDARD ROCKFORD INC. Cooper-Standard Rockford Inc. (“Rockford”…
Read MoreCentral Bank has been acquired by First State Bancshares, Inc.
Central Bank has been acquired by First State Bancshares, Inc. THE TRANSACTION On July 9, 2015, First State Bancshares, Inc. (“FSB”) and Central Shares, Inc. (“CSI”) announced the execution of a definitive agreement, whereby CSI’s subsidiary, Central Bank (“Central”) would be acquired from CSI by FSB in an all-cash transaction. Central Bank’s five offices added…
Read MoreFranklin Bancshares, Inc. has been acquired by Galva Investment, Inc.
Franklin Bancshares, Inc. has been acquired by Galva Investment, Inc. THE TRANSACTION Galva Investment, Inc. (“Galva”), the parent company of Community State Bank, of Galva, Illinois has acquired Franklin Bancorp, Inc. and its wholly-owned subsidiary, Franklin Bank, of Franklin, Illinois (collectively “Franklin”). Financial terms of the transaction were not disclosed. Franklin Bank, with total assets…
Read MoreAGM Automotive & Trive Capital Partners with Durmont Teppichbodenfabrik
AGM Automotive & Trive Capital Partners with Durmont Teppichbodenfabrik THE TRANSACTION AGM and Trive Capital are proud to announce that a subsidiary of AGM has partnered with an affiliate of CROSS Industries AG (“CROSS”), Durmont. AGM acquired a controlling interest in Durmont, with CROSS retaining a meaningful stake and remaining as a long-term strategic partner…
Read MoreWest Michigan Savings Bank has been acquired by Sturgis Bank & Trust
West Michigan Savings Bank has been acquired by Sturgis Bank & Trust THE TRANSACTION Sturgis Bancorp, Inc. (OTCQB: STBI) (“Sturgis”), the parent company of Sturgis Bank & Trust Company, announced that after the close of business on April 6, 2015 it completed its previously announced acquisition of West Michigan Savings Bank (“WMSB”) in an all-cash…
Read MoreChemical Financial Corporation has acquired Monarch Community Bancorp, Inc.
Chemical Financial Corporation has acquired Monarch Community Bancorp, Inc. THE TRANSACTION On November 3, 2014, Chemical Financial Corporation (NASDAQ:CHFC) (“Chemical”) and Monarch Community Bancorp, Inc. (OTCQB:MCBF) (“Monarch”) announced the execution of a definitive agreement, whereby Monarch will merge with and into Chemical in an all-stock transaction. On April 1, 2015, Chemical completed its acquisition, valued…
Read MoreLeon Plastics has been acquired by a subsidiary of Motus Integrated Technologies
Leon Plastics has been acquired by a subsidiary of Motus Integrated Technologies THE TRANSACTION In February 2015, the business of Leon was acquired by a subsidiary of Motus. Our Client LEON PLASTICS INC. LEON PLASTICS INC. (“LEON” OR THE “COMPANY”) is a premier supplier of highly engineered, decorative soft-trim interior components, including door and console…
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