Beringea, the private equity group, which provides equity and/or mezzanine debt to small- and-middle market companies, has exited five companies.
Beringea chose to call Michigan home because unlike others, it saw the state as offering amazing potential for those willing to take a chance and start in Michigan.
RTI Biologics Inc. has agreed to buy medical technology firm Pioneer Surgical Technology for $130 million in cash as the maker of biologic implants looks to expand its current implant portfolio into metals and synthetics and to grow direct distribution.