Jan 8, 2017 — Professionals working in mergers and acquisitions in West Michigan expect strong deal flow to continue in 2017, maintaining a seller's market. The group brought together by MiBiz for an M&A roundtable discussion generally offered favorable views of President-elect Donald Trump’s pro-business policy agenda and doubted that rising interest rates would slow activity. ere are the highlights of what they had to say.
October 31, 2016 (Grand Rapids, Mich.) — Auxo Investment Partners in Grand Rapids, Mich., offers private equity investments for the long term, which sets them apart from other private equity investors, according to the founding partners. The firm was launched earlier this month to fill what the partners see as a gap in the private equity market. Jeff Helminski, one of the firm's three founding partners, says investors want more transparency in their investments, and those seeking capital want long-term investments.
October 18, 2016 (Grand Rapids, Mich.) — A new private equity firm, Auxo Investment Partners, has launched in Grand Rapids with the aim to help small businesses in West Michigan achieve their full potential for current and future generations of owners, employees and communities. Auxo seeks to fill what they see as a gap for business owners in the private equity firm marketplace, said Jeff Helminski, who co-founded Auxo with Jack Kolodny and Fred Tedori. For many small, family-owned businesses, there may come a hand-off if a generation does not want the business, or a company may be seeking outside partners to fuel growth, Helminski said.
Dec 2, 2016 — ESG factors can be a strong indicator of a company’s likelihood of success, and therefore a powerful driver of higher returns. That’s why my partners and I have incorporated ESG considerations into the core of our investment strategy at Auxo Investment Partners, the private equity firm we launched in October. Ultimately, ESG investing is about recognizing that a company’s ecosystem is critical to its success; to ignore ESG considerations is to ignore risks and opportunities that have a material effect on the financial outcome of our investments. This is particularly true for the smaller, family owned businesses (less than $15 million EBITDA) where Auxo focuses its investing efforts.
October 30, 2016 (Grand Rapids, Mich.) — Grand Rapids-based Auxo Investment Partners formed in October to fill a void for owners stuck choosing between traditional private equity firms, which can value returns over maintaining a company’s legacy, and family investment offices, which often lack the professional services that private equity can bring to the table. "There’s not much left in the middle," Managing Partner Jeff Helminski told MiBiz in a previous report. "We think we can bring to market a solution that has that professional expertise in terms of helping these companies grow but because of who our capital sources are and our aligned relationships with them, we can take a long term perspective … which feels more like a family office."
October 18, 2016 (Grand Rapids, Mich.) — Auxo Investment Partners, a Grand Rapids, Mich.-based private equity firm focused on small-cap companies in the Manufacturing, industrial, value-added distribution or business services industries, is raising upwards of $50 million for its debut fund. The firm is led by former Blackford Capital pros Jeff Helminski and Jack Kolodny, plus current Enterplast chairman and CEO Fred Tedori.