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ANN ARBOR—HistoSonics Inc., developer of a non-invasive sonic beam therapy, announced that it has raised $85 million in a financing led by Johnson & Johnson Innovation Inc., with participation from …
SOUTHFIELD—Superior Industries International Inc. (NYSE:SUP), a supplier of lightweight alumninum wheels to the United States and Eurpean markets, announced it had refinanced its term loan and revolving credit lines. Funds …
ROCHESTER—OneStream Software, developers of corporate performance management software, announced the results of its “Enterprise Financial Decision-Making 2021 – North America” survey. The study, conducted by Hanover Research, targeted finance leaders …
BLOOMFIELD HILLS—O2 Investment Partners LLC announced the appointment of Sam Wegenke as the firm’s newest associate. O2 Partner Luke Plumpton said Wegenke’s “relevant transaction experience and skill set will be …
DETROIT—TCF Capital Solutions, a unit of Detroit-based TCF Financial Corp., has acquired Malvern, Pa.-based BB&T Commercial Equipment Capital Corp., which includes a portfolio of approximately $1 billion of equipment finance …
LOS ANGELES—B. Riley Financial Inc. announced the purchase of the assets of Southfield-based Alderney Advisors LLC, a turnaround and dispute resolution firm serving the automotive industry. Terms of the transaction, …
ANN ARBOR–Kraig Biocraft Laboratories Inc., the developer of genetically engineered silkworms who spin silk with the strength and resiliency of spiderweb fibers, announced that it had applied to list the …
BLOOMFIELD HILLS—Penske Automotive Group Inc. (NYSE: PAG) announced that its board of directors had suspended its cash dividend. The company previously paid a quarterly dividend of 42 cents a share …
LANSING–National Filters Inc., an industrial filter manufacturer located in Harbor Beach in Michigan’s Thumb, is retooling and purchasing new machinery to produce healthcare equipment critical to COVID-19 relief efforts with …
WARREN — Conquest Firespray, the Warren-based manufacturer of fire-rated architectural and engineered duct systems, today announced that it had completed a $29 million refinancing with Pacific Growth Investors of Torrance, …