Our roundup of the latest business news from metro Detroit and Michigan, as well as announcements from government agencies. To share a business or nonprofit story, send us a message.
ACG Detroit Announces Annual M Awards Winners
ACG Detroit, an organization of mid-market M&A professionals, has announced the winners of its ninth annual M Awards.
“In the face of continued economic headwinds such as high interest rates and persistent inflation, Detroit negotiators were challenged to think more strategically and creatively than ever before,” said Danielle Bass, president of ACG Detroit.
“Year after year, the M community
The winners of the M
All-Star Deal of the Year with Revenue Over $50 Million
Duro-Last Inc. Sale to Holcim Ltd.
All-Star Deal of the Year with $50 Million Earnings
Acquisition of VES through Wasèyabek Development Co.
All Star Advisor of the Year
Paullin-Hebden, Partner at Warner Norcross Judd
Star Negotiator of the Year
Peninsula Capital Partners
Star Investment Banker of the Year
Andrew Dickow, Managing Director, Greenwich Capital Group
Rising Star
Evan Haigh, Vice President, Blue River Financial Group Inc.
Lifetime Achievement Award
Thomas S. Vaughn, through Dykema Gossett
Foley
For more information about the M event
To read DBusiness magazine’s exclusive on the M winners
Boys & Girls Clubs Return to Van Buren Township
The Boys and Girls Clubs of Southeast Michigan (BGCSM), in partnership with the Van Buren Public School District and Van Buren Township, have announced their return to the community.
In 2008, BGCSM opened the Donahey Club in Van Buren Township. OMCSM was forced to suspend it in 2020 due to the COVID-19 pandemic and a superseded program delivery model.
“When BGCSM closed the doors of the Donahey Club in 2020, we were very much an after-school ‘safe space’ for elementary students,” says Shawn Wilson, President and CEO. “Since then, we have reinvented our systems and our goal is to serve a wider diversity of young people and offer varied systems, adding competitive and recreational sports, as well as paid job education in highly sought-after industries, adding design, artificial intelligence, fashion, and esports. “I am beyond grateful to Van Buren Township and the VBPS district for their partnership and look forward to making an impact on the lives of young people for years to come. “
The Tigers du Boys youth program
Detroit Grand Prix Announces Social Media Partnership with Gardner White
The Chevrolet Grand Prix of Detroit presented through Lear announced a new social media partnership with Warren-based furniture and bed retailer Gardner White.
Through this new partnership, Gardner White will power all social media channels for the 2024 Detroit Grand Prix. As the Grand Prix returns to the streets of downtown Detroit for a three-day birthday party weekend in the Motor City, May 31-June 2, the event’s new social media program, Detroit GP Social Media Powered Through Gardner White, will create content to engage, inform and entertain fans across all platforms.
Through targeted posts, graphics, campaigns and videos, Grand Prix and Gardner White will distribute social media content across all channels as the two organizations seek to jointly succeed in new audiences, as well as capitalize on new opportunities for collaboration.
“We are excited to strengthen our partnership with Gardner White in 2024, as they will help strengthen our participation and social media content for the Chevrolet Grand Prix of Detroit presented through Lear,” said Michael Montri, president of the Chevrolet Grand Prix of Detroit presented through Lear. “What a wonderful opportunity to combine two wonderful Detroit brands to showcase all the excitement and activities leading up to the Grand Prix weekend.
“Gardner White does so much to help at the big events happening in Detroit and with his energy, creativity and commitment to our community, we couldn’t believe a better partner would help us drive content and social media engagement at this year’s Grand Prix. “.
Consumers Energy Names Finalists of $50,000 ‘Put Your City on the Map’ Contest
The Consumers Energy Foundation of Jackson has announced the 10 finalists for the Put Your City on the Map contest, which will provide $50,000 in grants for three projects aimed at helping Michigan’s small communities grow and thrive.
“The Consumers Energy Foundation has been a proud sponsor of this contest since its inception because each year we are able to fund place-building projects that make Michigan’s small towns wonderful places to live,” said Brandon Hofmeister, president of the Consumers Energy Foundation. Foundation. ” With dozens of projects submitted, it’s tricky to pick just 10 finalists, but we’re excited to hear more about those projects from network members who are extremely passionate about them. “
Communities with fewer than 10,000 citizens had until Feb. 15 to apply. The finalists are:
The finalists, chosen through the Consumers Energy Foundation and the Community Economic Development Association of Michigan (CEDAM), will present their arguments at the Rural Development and Small Towns Conference on April 29. The three most sensible winners will get $25,000 in grants. $15,000 and $10,000 respectively.
NAI Farbman Closes Receivership Sales in Detroit, Ann Arbor
NAI Farbman, the brokerage arm of Southfield-based full-service real estate firm Farbman Group, has effectively sold homes into receiverships in Detroit and Ann Arbor.
“Our receivership is the most sought-after at a time of economic turmoil and uncertainty in the advertising real estate sectors, such as labor and industrials,” said Michael Kalil, chief operating officer and chief revenue officer of NAI Farbman. “The courts are looking to use our expertise to stabilize those properties, identify efficiencies, and then advertise and sell them to worthy buyers. We are proud to have effectively achieved this purpose with those two major real estate sales.
The first sale took place at 521 and 609 Old Saint Jean Street in Detroit, two trading houses a few blocks from the Detroit River. NAI Farbman appointed Dan McCleary and Nathan Casey as directory brokers, who effectively advertised and sold the bankrupt homes.
The second sale of 30 Parkland Plaza and 4621 Park Road in Ann Arbor, both office buildings are located on Jackson Road. NAI Farbman appointed Brad Margolis and Wendy Acho as directory brokers, who effectively advertised and sold the bankrupt properties.
Comerica Bank to Host Sixth Annual Prom Dress Drive to Benefit Jackets for Employment
Comerica Bank of Detroit is receiving donations for its sixth annual prom dress campaign that kicks off March 18 and runs through April 12, at network partner Jackets for Jobs.
Individuals and businesses can drop off new or gently used dresses, as well as accessories, such as jewelry, shoes, purses, and scarves, at Comerica retail stores to get the advantages of Southeast Michigan academics.
Ten Comerica Bank branches and offices in the Detroit metropolitan domain will serve as collection sites. For the first time, Comerica will accept donations of dresses and accessories over a four-week period, the longest donation period since Comerica began collecting prom dresses in 2017. .
For the second year in a row, Comerica will supply donated apparels and accessories to Jackets for Jobs, a Detroit-based nonprofit that focuses on career advancement and breaks barriers by offering high-quality apparel that makes consumers look and feel professional. Good luck at work.
Donation locations come with Comerica’s banking centers and offices at:
Detroit Police and Greater Detroit Goodwill to Host Give for Good Donation Drive
Detroit police are cracking down on disorder. This spring, the branch will partner with Goodwill of Greater Detroit to host a citywide “Give for Good” giving crusade each weekend from March 22 to April 14.
All members of the metro Detroit network are encouraged to drop off their clothing, family items, electronics, toys, books, and furniture in good condition at one of the designated recreation centers in Detroit.
“The Detroit Police Department is proud to partner with Goodwill of Greater Detroit in this donation crusade to gain advantages for Detroiters,” said Chief James E. White. “Thanks to the work of our officers, our spouses like Goodwill, and the help of our community, we can continue to make Detroit a safer and more equitable position for everyone. “
The “Give for Good” donation drive will be held on weekends from 10 a. m. to 10 a. m. 6 p. m. Drop-off locations will vary each weekend as follows.
Donation drop-off locations and dates in Detroit:
Massages, yoga, music, and more for others in metro Detroit concerned about dementia patients.
Caregivers in metro Detroit who care for people with dementia can revel in a special day committed to their own enjoyment and well-being on Sunday, April 7.
The event is free and presented through the Dorothy and Peter Brown Jewish Community’s Adult Day Program (Brown Program) at their West Bloomfield location. Before beginning the day’s activities, caregivers will drop off their loved ones at the Brown program (6720 W. Maple Road, Township of West Bloomfield) at 10 a. m. , where they will be cared for by trained staff, get snacks and lunch, and have a special experience. Programming adding music, games, and more.
Caregivers will head to the nearby Soul Café (5586 Drake Road, West Bloomfield) and enjoy yoga, massages, music therapy, gardening, and delicious food, as well as educational activities designed to care for their loved ones. The program will end at 3 p. m. , with respite care until 3:30 p. m. m.
The Brown Program is a joint initiative of Gesher Human Services and Jewish Senior Life and offers innovative and engaging activities and care for others living with dementia as well as their families at their two centers in West Bloomfield and Southfield. It welcomes other personas. de all religions and creeds. To enroll in the program, which has limited spots, call Sharilyn Rowe at 248-592-5032 through March 27 or email her at srowe@jslmi. org. Verbal confirmation is required to complete registration.
Downtown Detroit Association to Host Job Fair at Fox Theatre on March 20
The Downtown Detroit Partnership (DDP) and Downtown Detroit Business Improvement Zone, in collaboration with Detroit at Work, will host the first-ever Downtown Job Fair of 2024 on Wednesday, March 20, 2024. M. A 2 p. m. at the Fox Theatre.
Job seekers are encouraged to be prepared to network with downtown Detroit employers and have conceivable on-site interviews. There are full-time, part-time, seasonal, and temporary vacancies for special events.
“Following the good fortune of several downtown job fairs over the past two years, we were eager to bring this event back and help connect Detroit with companies looking for employees,” says Gina Cavaliere, Community Impact Manager and BIZ Director at DDP. This event is just one of many systems presented through DDP and Downtown Detroit BIZ to the community, local businesses, and asset owners, and we are proud to contribute to helping our city grow and move forward. “
Opportunities, which are added within the team of BIZ Ambassadors of downtown Detroit, diversity of tasks in security, retail, catering, gaming and maintenance, among others, and together will cover a large number of open positions. Confirmed employers to recruit come with the City of Detroit. , Ilyich Sports Entertainment, MotorCity Casino, Detroit Grand Prix, Rock Security and more.
For more information or to register, click here.
Ann Arbor’s NorthStar Care Community Expands with Addition of Kalamazoo Affiliate
NorthStar Care Community in Ann Arbor announces its new subsidiary, Centrica Care Navigators in Kalamazoo, on Feb. 1.
Centrica’s presence in Southwest Michigan is expected to complement the roles that Hospice of Michigan and Arbor Hospice, founding members of the NorthStar Care Community, bring to the state. Centrica also ensures that Michigan patients continue to receive quality, not-for-profit palliative care. families.
This alliance will create the state’s largest palliative care and palliative care organization and one of the largest not-for-profit palliative care providers in the United States. With more than 1,000 staff members and approximately 650 volunteers, the combined skills and resources of the 3 organizations will serve more than 2,700 palliative care patients daily.
Centrica Care Navigators will maintain its logo, its existing systems, and will continue to provide facilities to patients and their families without interruption, keeping care groups intact.
Ascend involves the Snetor group for Latin America and the distribution of materials in Europe
Texas-based Ascend Performance Materials, which has a regional in Detroit, announced that it will expand its relationship with foreign plastics and chemicals distributor Snetor, which will distribute its polyamide-based technical fabrics in Latin America, as well as Ascend’s HiDura MED portfolio for medical applications in Europe.
This is Ascend’s first distribution deal in Latin America since it obtained its staging facility in San José Iturbide, Mexico, in 2022.
C3 Industries of Ann Arbor Opens Dispensary in New Jersey
C3 Industries, a multi-state hash company based in Ann Arbor, will officially open the High Profile Lakehurst dispensary on March 15, with celebrations on St. Patrick’s Day weekend. The official opening rite will take place on March 16 at 4:20 p. m. will headline a weekend filled with celebrations, featuring specialty merchandise, tables from vendors from Fernway, Verano and TerrAscend, as well as food trucks and prizes. In addition to those festivities, visitors can also anticipate a concert by Bruce Springsteen’s canopy band, Asbury. Fever on Saturday from 2 p. m. to 4 p. m.
Lawrence Tech Wins CAHA Division III National Hockey Title
Lawrence Tech University in Southfield won the American Collegiate Hockey Association Division 3 national championship on Tuesday, beating Grand Valley State University 4-2.
He earned the first national name for LTU hockey and brought the Division 3 team’s season record to a final record of 29-5-2. LTU was the No. 1 seed in the tournament, Grand Valley No. 3.
The win is the third national name for LTU athletics in the past 10 months. LTU is the current National Intercollegiate Athletic Association national champion in men’s bowling and women’s lacrosse.
Lawrence Tech beat the University of Missouri 3-2 in Monday’s semifinals to advance to Tuesday’s championship game.
LTU also fielded a hockey team in ACHA Division 1. That team finished its season last month, falling in the Wolverine-Hoosier Athletic Conference championship game with a 21-12 record.
The public is invited to Free College Week, April 8-13 at Washtenaw Community College
Washtenaw Community College (WCC) in Ann Arbor will open the doors of its virtual classrooms to the public during Free College Week, Monday, April 8 through Friday, April 12. The week will conclude with in-person events on campus on Saturday, April 12. 13.
In-person activities include hands-on sessions, campus tours, and an esports tournament featuring the popular game Super Smash Bros. on the campus esports field.
Community members, business representatives, prospective students, and others from Washtenaw County and beyond are invited to attend the more than 120 free sessions.
In commemoration of National Community College Month in April, WCC’s annual Free College Week is an opportunity to serve and engage with the network that supports it by offering learning reports at no cost.
Courses are designed for a wide variety of ages and include topics to help others hone their computer skills, grow their businesses, explore cultures, their personal well-being, and much more.
They will teach WCC college members of educational programs, as well as running shoes from the school’s non-credit school and school progress department and outdoor services. Classes are held at various times, from morning to evening to provide flexibility and accommodate the schedule. .
To view the course schedule and register, click here.