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MMA Joins Forces with Prometis Partners to Build Wealth and Opportunity for Michigan Manufacturers

LANSING (Aug. 19, 2021) —Today the Michigan Manufacturers Association, the only statewide association committed to the growth of Michigan’s manufacturing industry, announced its partnership with Prometis Partners, a privately owned company that helps owners of small- and mid-sized businesses realize more value when they decide to sell their companies.

“With more than 66 percent of American businesses being owned by individuals planning to transition over the next 10 years according to the Exit Planning Institute, having access to experts that can support family business succession planning and value creation will be vital to the ongoing strength of the manufacturing industry in Michigan,” said MMA President & CEO John J. Walsh in welcoming the new partnership. “We’re delighted to partner with one of the most well-respected and experienced consultants and advisors right here in the heart of Michigan.”

With MFG Value Growth Services powered by Prometis Partners, MMA members will save 10 percent on family business succession planning, business succession planning, business valuation, value acceleration, leadership development and sale of business consulting.

“Our goal is to help owners make crucial changes to improve their company’s cash flow and value in advance of a sale,” said Vincent Mastrovito, CEPA, Founder and President of Prometis Partners. “This will help support the manufacturing industry as a whole by expanding owner options, allowing them to sell on their own terms and timeline at a maximum selling price.”

Learn more about MFG Value Growth Services at mimfg.org.


About MMA
For nearly 120 years, the MMA has been serving Michigan manufacturers and related industries by providing effective representation at Michigan’s Capitol, timely educational seminars, quality and competitive-rate insurance programs, informational e-newsletters and a monthly magazine. Visit mimfg.org for more information.

About Prometis Partners
Prometis Partners is a privately owned company that specializes in helping business owners add value to their business and prepare a proper exit plan. Founder and president Vincent Mastrovito was named Member of the year in 2019 by the Exit Planning Institute. For more information, please visit prometispartners.com.

For Media Outreach

Contact Delaney McKinley

Delaney McKinleyVice President of Membership, Marketing & Events
Call 517-487-8530
E-mail mckinley@mimfg.org