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ABOUT US

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Concurrence Holdings is a west Michigan focused investment and management firm.
 We have experience, expertise and the partners to provide the right type of
transitional capital solution for many different types of investment
opportunities.  Consistent with our experience, and our fellow investors, we
maintain a long term and patient view of holdings.  We are direct in our
approach and ethical in our dealings.


STRATEGY

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We partner with management teams to profitably grow our companies and improve
operations by employing human expertise and capital while remaining mindful of
the member company's team members, the best attributes of its culture and the
community in which it operates.

Our managing partners have been involved in dozens of transactions individually
and have worked together with numerous companies prior to Concurrence Holdings.
The following are a sampling of those prior experiences:

Specialty Equipment Manufacturer


SPECIALTY EQUIPMENT MANUFACTURER ("SEM")

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Headquartered in the Midwest with other build facilities in North America. SEM
is known to its customers as a dynamic company that designs and builds
specialized equipment supporting the world's leading alternative energy,
automotive, consumer goods, food processing, office furniture, and
pharmaceutical companies.

Industrial Services Business


INDUSTRIAL SERVICES BUSINESS ("ISB")

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Based in the Midwest, ISB provided services to its clients throughout North
America. ISB provides services ranging from communications, audio visual,
controls and power for greenfield projects to complete electrical services for
its industrial clients. Clients and industries served included agricultural,
alternative energy, automotive, consumer goods, food processing, office
furniture, and pharmaceutical companies.

Secondary Contract Packager


SECONDARY CONTRACT PACKAGER ("SCP")

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Based in the Midwest, SCP provides packaging services to some of the world's
largest pharmaceutical and food & beverage companies. There is no finer company
to rely upon when a customer needs perfect quality and speed while launching a
new product or getting a product back into the market.

Deidrich Roasters*


DEIDRICH ROASTERS* ("DR")

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Based in Ponderay, Idaho, DR is a global leader in designing and manufacturing
batch coffee roasting systems.  Diedrich Roasters' proprietary roasting
technology allows unsurpassed control over the roasting environment, enabling
roastmasters to maximize the distinct flavor of each coffee bean.

* Investment made by an affiliate of CCH or one of its principals.

Ellison Bakery*


ELLISON BAKERY* ("EB")

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Based in Fort Wayne, Indiana, EB is a leading manufacturer of cookie, snack bar,
crunch and inclusion product, and other products for the industrial market, food
service industry, and retail and private label space.

* Investment made by an affiliate of CCH or one of its principals.

Michigan Opportunity Fund*


MICHIGAN OPPORTUNITY FUND* ("MOF")

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Based in Grand Rapids, Michigan, MOF is an early stage venture capital fund
specializing in investing in life science businesses based in Michigan.

* Investment made by an affiliate of CCH or one of its principals.


MEMBER COMPANIES

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Utility Contracting Co. (“UCC”) is a Sparta, Michigan based leading provider of
telecommunications construction and splicing since 1974 throughout the state of
Michigan. UCC’s services include all aspects of buried and aerial placement of
fiber optic cable as well as splicing. The Company’s customers include incumbent
and local exchange carriers, wireless carriers, municipal networks, private
companies. UCC’s quality and satisfaction ratings are among the highest in the
industry.
Mission Design & Automation ("Mission") is a leading intelligent automation
integrator located in West Michigan. Mission believes that integrity and
dedication to customer success is what has fostered meaningful relationships
with their diverse customer base since 2004. Mission designs, builds, and
integrates custom intelligent automation solutions for a variety of industries
including food & beverage, medical device, transportation and automotive,
consumer goods, and more.


INVESTMENT CRITERIA FOR MEMBER COMPANIES

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We are interested in control investment opportunities with the following
characteristics:

REVENUE

Companies with revenues in excess of $10 million where there are growth
opportunities.

HISTORY OF STRONG CASH FLOWS

Normalized EBITDA between $1-8 million (no size requirement for add-ons).

SPECIAL SITUATION

Businesses that are currently unprofitable, if management can show the ability
to generate pro forma positive earnings in an acceptable range.

LOCATION

For platform investments, the company should be headquartered within 90 minutes
of Grand Rapids, Michigan; however, those businesses may have international
operations or other facilities across North America. In the event of an add-on
to a current member company, geographic location is less important.

INDUSTRY FOCUS

Open to investments in industries including niche manufacturing, food &
beverage, transportation, medical device, infrastructure, -value-added
distribution and B2B service businesses.

OPPORTUNITY

Other situations that may not fit the above, but have a compelling investment
thesis.

Capital uses include ownership transition of founder or generational family
businesses, management buyouts, corporate carve-outs, growth capital and
recapitalizations.


INVESTMENT TEAM

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MICHAEL BROM - MANAGING PARTNER

info@concurrence.holdings

Michael Brom offers over 30 years of transaction, financial management and
operations experience. He has been directly involved in private investments
since 1995 upon joining Huizenga Group.  His experience includes serving as
Chief Financial Officer and as an operating partner, treasurer or president for
many companies in diverse industries with revenues ranging from $5 to over $200
million of revenues as well as deal sourcing, evaluation, structuring, and
negotiation of final terms of transactions for platform and add-on investments.
Michael spent nearly 10 years at Deloitte serving Midwest based middle market
clients with audit and related attest functions. He has negotiated transactions
and agreements supporting transactions in North America, Europe and Asia.

Michael has served in a board capacity for National Heritage Academies, Grand
Rapids Civic Theater, and the Michigan Chamber of Commerce.  He earned his
Bachelor's Degree in Accounting from Aquinas College in 1985 and his CPA
certification in 1987.

JASON BYRD - MANAGING PARTNER

info@concurrence.holdings

Jason Byrd offers over 20 years of transaction, financial management and
business development experience. He has been directly involved in private
investments since 2007, including nearly seven years with a Midwest based family
office, Huizenga Group, last three years with a lower middle market investment
bank, Charter Capital Partners. Jason is involved in deal sourcing, evaluation,
structuring, and negotiation of final terms of transactions for platform and
add-on investments. Prior to his time with Huizenga Group, he spent 10 years in
corporate banking serving Midwest based middle market clients with acquisition
financings and other debt financings. He has negotiated transactions and
agreements supporting transactions in North America, Europe and Asia.

Jason has served in a board capacity for National Heritage Academies,
Association for Corporate Growth - Western Michigan and Association for
Corporate Growth Global. He earned his Bachelor of Arts in Finance from Michigan
State University.


NEWS

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JASON BYRD | GRAND RAPIDS 200 2023

Crain's Grand Rapids Business October 30, 2023

Managing Partner, Concurrence Holdings, City: Grand Rapids - Jason Byrd
co-founded and is managing partner of Concurrence Holdings, a private investment
firm that was established in 2017 and is actively focused on investing in lower
middle market industrial companies that are based in greater West Michigan.


MISSION DESIGN AND AUTOMATION APPOINTS CEO

Crain's Grand Rapids Business June 5, 2020

A West Michigan intelligent systems integration company hired a new leader.
Holland-based Mission Design and Automation — a portfolio company of Grand
Rapids-based Concurrence Capital Holdings since 2017 — said it hired Scot
Lindemann, former JR Automation co-CEO, for the company’s top role.


CONCURENCE HOLDINGS PARTNERS WITH UTILITY CONTRACTING

press release August 13, 2018

Grand Rapids, Mich., August 13, 2018 – Private investment firm Concurrence
Capital Holdings LLC today announced it has partnered with Sparta-based Utility
Contracting Company (UCC).


IS THIS SMALL TOWN BECOMING THE FINANCE CAPITAL FOR FAMILY BUSINESSES?

Family Capital May 11, 2017


PARTNERS LAUNCH PRIVATE INVESTMENT FIRM

Grand Rapids Business Journal May 2, 2017

A pair of former co-workers have spun off to create a private investment firm.
Michael Brom and Jason Byrd, who worked together at Grand Rapids-based ...


FORMER FAMILY INVESTMENT OFFICE COLLEAGUES LAUNCH CONCURRENCE CAPITAL HOLDINGS,
LLC

press release May 1, 2017

Concurrence Capital Holdings, a newly-formed Grand Rapids, Mich.-based private
investment and management firm, has officially launched. Leveraging the deep
investment experience of its managing partners, Michael Brom and Jason Byrd, the
firm provides transitional capital solutions for targeted investment
opportunities in the lower middle market.


FAMILY OFFICE, INVESTMENT BANKING VETS SPLIT TO FORM NEW FIRM

MiBiz April 30, 2017

A pair of former co-workers have spun off to create a private investment firm.
Michael Brom and Jason Byrd, who worked together at Grand Rapids-based ...


CONTACT US

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CONCURRENCE HOLDINGS

1600 E. Beltline NE; Suite 213

Grand Rapids, MI  49525

info@concurrence.holdings


   
   
 * About Us
 * Strategy
   
 * Member Companies
 * Criteria
 * Team
 * News
 * Contact Us

About Us Strategy Member Companies Criteria Team News Contact Us
 

1600 E. Beltline NE; Suite 213, Grand Rapids, MI 49525

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