Today, The Macomb Group has more than 400 employees at 18 sites in seven states, properties added through a series of acquisitions. The company, which brings in between $250 million and $300 million in revenue annually, has ranked in the top 10 nationally as a distributor of industrial PVF, and serves a diverse mix of end markets, including automotive, food and beverage, general manufacturing, hospitals, schools, power plants and general industry.
The Macomb Group was recognized in Crain’s Fast 50 report in 2017 for its growth.
McGivern, a 58-year-old Harper Woods native, said the company is always opportunistic when it comes to growth.
“We’ve recognized that being a small, little player only allows us to be so much,” he said. “From the beginning, we set our sights on trying to grow and explore options, and if they fit, we’d make a deal. The first thing we wanted to do was diversify from our core business to other avenues that are similar to broaden our (scope).”
Mast had a similar mission for Bloomscape.
The fifth-generation greenhouse grower built the company in stages, starting small, selling only indoor plants and offering care tips from “Plant Mom” — Mast’s mother, Joyce. In three years, it’s since expanded to offering outdoor plants and “Bloom Kits” as well as pots, tools and accessories.
All along, Mast was courting investors.
“Our revenue and the investments we’ve taken on have all fueled our business,” Mast said. “We have a big, 10-year vision to reinvent the garden center. It’s going to take a lot of energy and partners.”
The garden industry, Mast said, is dominated by big box centers such as Home Depot, Lowe’s and Menards. Changing that is a big reason why he started Bloomscape.
“There’s a new group of gardener on the scene, millennials and Gen Z, and the old way of shopping isn’t meshing with their values. We set out to give them a new brand experience, a higher-quality product you can be successful with. We’re working to teach people how to garden and have success,” Mast said.