News & Insights

ProCare Restoration Services acquired by Master Maintenance Corporation

Monday, October 09, 2017
 ProCare Restoration Service in Grand Rapids sold to Master Maintenance Corporation in Ypsilanti, Michigan

“The purchase of ProCare Restoration Services adds needed services requested by our customers. We are now able to provide full service property damage restoration including mitigation and reconstruction in the Grand Rapids area,” said Paul George, CEO/President of Master Maintenance. “These services will be offered in the Detroit market in the coming months.”

Master Maintenance Corporation, established in 1992 by current CEO/President, Paul George, and headquartered in Ypsilanti, Michigan, is a full-service facility management company providing the absolute best value in commercial cleaning and building maintenance. With a footprint that spans all 50 states and reaches into Puerto Rico and Canada, Master Maintenance serves the following industries: corporate headquarters, commercial, retail, industrial, educational, and medical facilities. Their well-trained, uniformed associates take pride in providing a clean, safe, and healthy work environment utilizing state-of-the-art equipment and technology. Master Maintenance’s capabilities include: janitorial and porter services, hard surface floor care, window cleaning, power washing, handyman services, lawn care and snow removal.

ProCare Restoration Services, headquartered in Grand Rapids, Michigan, provides full service property damage mitigation, restoration and reconstruction following catastrophic events such as fire, water/flood, mold, and wind damage. Working to exceed every customer’s expectations is the core of ProCare Restoration Services’ mission. ProCare Restoration Services provides for the following: water damage, fire and smoke damage, mold inspection, testing and remediation, carpet cleaning, tile and stone cleaning, insurance claim repair, residential remodeling, commercial construction, emergency plumbing repairs, and odor removal. They also provide 24/7/365 emergency services.

Rua Associates, LLC proudly served as the exclusive mergers and acquisitions representative for this transaction.

Visit www.procareteam.com or www.mastermaintenance.com


How to Buy/Sell a Business-Ann Arbor

Friday, September 08, 2017
 

The goal of this seminar is to inform business owners and others on the many aspects of purchasing or selling a business.

Speakers 

  • Charlie Penner, Michigan Small Business Development Center (Opening Remarks)
  • Jack Johnson, MCDC
  • Greg Light, Rehmann, Business Valuation
  • Dawn Drozd, Rua Associates, Preparing to Sell
  • John Carter, Insyght Legal, Due Diligence
  • Dave Ellis, Old National Bank, Financing Your Purchase

Topics Include:

Specific Topics will be addressed in breakout sessions and will include:

•Business Valuation

•Preparing to Sell

•The Purchase Process and Due Diligence

•Financing Your Purchase

Event Details

What: How to Buy or Sell a Business

Who: Business owners and others who desire to learn about acquiring or selling a business

When: Tuesday, October 24, 2017 8:30 AM-12:00 PM. Registration will begin at 8:00 am. A final Panel Discussion will be held from 11:15 to 12:00 with a question and answer session between panelists and attendees. There will be networking opportunities both before and after the event.
***The Buying and Selling tracks will be ran simultaneously

Where: Washtenaw Community College-Morris Lawrence Building-Room 101, 4800 E. Huron River Drive, Ann Arbor, Mi 48105

Cost: $50.00 and includes Buffet Breakfast


How to Buy/Sell a Business-Lansing

Tuesday, September 05, 2017
 




The goal of this seminar is to inform business owners and others on the many aspects of purchasing or selling a business.

Speakers 

  • Tom Donaldson-Michigan Small Business Development Center (Opening Remarks)
  • Mike Gay-Michigan Small Business Development Center (Process Overview)
  • Greg Light, Rehmann
  • Nick Good, NuVescor Mergers and Acquisitions
  • Mark Kellogg, Fraser Trebilcock
  • Dan Warmels, Warmels Comstock
  • Nick Heriford, PNC Bank

Topics Include:

Specific Topics will be addressed in breakout sessions and will include:

•Business Valuation

•Preparing to Sell

•The Purchase Process and Due Diligence

•Financing Your Purchase

Event Details

What: How to Buy or Sell a Business

Who: Business owners and others who desire to learn about acquiring or selling a business

When: Wednesday, September 20, 2017 8:30 AM-12:00 PM. Registration will begin at 8:00 am. A final Panel Discussion will be held from 11:00 to 12:00 with a question and answer session between panelists and attendees. There will be networking opportunities both before and after the event. Continental breakfast provided.

Where: Lansing Community College-Washington Court Place, 309 North Washington Square, Lansing, MI  48933

Cost: $25.00 (free for Veterans with proof of military service)







M&A Seminar-Traverse City

Tuesday, August 22, 2017
 

Join a Panel of Experts for an Engaging Case Study

Whether you want to expand your business, decrease your holdings, transition to family, or plan for the future, our panel of experts will guide you through optimizing every facet of the process. Learn how you can:

  • Meet Your Financial Goals
  • Identify Quality Prospects
  • Be Confident in What You Are Buying or Transitioning
  • Structure the Best Transaaction
  • Control the Process
Following our presentation, we invite you to join us for a guided, walking tour of Iron Fish Distillery's farm, including grain fields and outbuildings where spirits were once distilled earlier in the 20th century, along with an informative overview of the soil-to-spirit process

Date: September 21, 2017
Location: Iron Fish Distillery, 14234 Dzuibanek Road, Thompsonville, MI 49683
Sponsored by: Rehmann, NuVescor Group, Huntington Bank and Rua Associates

4:00PM Networking, Cocktail Sampling & Appetizers
4:30PM Panel Case Study
5:30PM Guided Tour
6:30PM Conclusion

Cost $35/person

To Register:

West Michigan Entrepreneur Purchases Schuil Coffee

Tuesday, August 08, 2017
 

Rua Associates LLC, West Michigan’s premier mergers and acquisitions firm, is pleased to announce the successful sale of Schuil Coffee Company, a West Michigan-based specialty coffee roasting company.

Tim Volkema, 40, purchased the business in late June from Greta Schuil. Schuil has been running the company the past 20 years. She plans to assist with a smooth transition and then pursue other interests. Terms were not disclosed, but Tim Volkema said the business will remain “a closely-held family business with no debt, allowing us to focus on our customers and hold a long-term view in our decision making.”


The 10-person full-time staff of Schuil Coffee remained with the company following the purchase, so operations were not affected by the ownership change. “Our goal is to make the transition as seamless and transparent for our customers as possible,” he said.

Today, Schuil Coffee roasts, packages and sells more than 100 coffees, including Schuil Blends, Fair Trade Organic, Flavored and Estate coffees from important coffee-producing areas like Sumatra, Yemen, Zimbabwe, Guatemala, the Andes, Nicaragua, Jamaica, Brazil and Costa Rica.

Schuil Coffee has been supplying coffee and tea on a wholesale basis to retailers, coffee shops and restaurants throughout the Midwest since 1981. The company also sells products and provides brewing equipment and accessories directly to offices of all kinds -- companies, churches, hospitals, etc.

Schuil Coffee also operates a retail store selling its freshly-roasted coffee beans and teas, baked goods, and brewing equipment at its roasting facility and warehouse at 3679 29th Street SE in Grand Rapids. The store employs full-time baristas who brew coffees and serve a variety of espresso-based drinks. All of the Schuil Coffee products can be ordered online through its website at schuilcoffee.com.

Those interested in learning more about the company can visit its website at http://schuilcoffee.com.

 

How to Buy or Sell a Business-Holland

Wednesday, April 12, 2017
 

The goal of this seminar is to inform business owners and others on the many aspects of purchasing or selling a business.

Speakers 

  • Eric Seifert, MI-SBDC
  • Brian Picarazzi,SBA
  • Thomas Munroe, Merrill Lynch Wealth Management
  • Randy Rua, Rua Associates,
  • Nick Good, NuVescor
  • Haans Mulder, Cunningham Dalman P.C.
  • Craig Sutherland, Bank of America
  • Mac Dobson, Bank of America


Topics Include:

Specific Topics will be addressed in breakout sessions and will include:

•Business Valuation

•Preparing to Sell

•Due Diligence

•Financing Your Purchase

Event Details

What: How to Buy or Sell a Business

Who: Business owners and others who desire to learn about acquiring or selling a business

When: Wednesday, May 3, 2017 8:30 AM-1:00 PM. Registration will begin at 8:00am. A final Panel Discussion will be held at the end with a question and answer session between panelists and attendees. There will be networking opportunities both before and after the event.

Where: Double Tree Conference Center, 650 East 24th Street, Holland, MI

Cost: $50.00 (free for Veterans with proof of military service)

To register: Pre-registration is required online for this event. Call (616) 331-7370 or visit www.SBDCMichigan.org/Training
Questions? email: sbdc@gvsu.edu


How to Buy or Sell a Business-Ann Arbor

Thursday, February 09, 2017
 

The Michigan SBDC has assembled a team of experts to discuss various topics about Buying or Selling a business.

Speakers 

  • Opening remarks-Charlie Penner, MI- SBDC 
  • Greg Light, Rehmann
  • Dawn Drozd, Rua Associates
  • John Carter. Insyght Legal
  • Dave Ellis, Old National Bank
  • Eric Seifert, MI-SBDC, Panel Discussion Moderator

Topics Include:

Topics to include:

•Business Valuation

•Preparing for Sale

•Due Diligence

•Financing Your Purchase

Event Details

What: How to Buy and Sell a Business

Who: Business owners and others who desire to learn about acquiring or selling a business as well as other professional business advisors

When: Thursday, February 23, 2017  8:00 AM-12:00 PM.  Breakout sessions will target buy and sell side challenges. There will also be a panel discussion at the end from 11:15am to 12:00pm

Where: Washtenaw Community College,Morris Lawrence Building, Room 101, 4800 E Huron River Drive, Ann Arbor, MI 48105

Cost: $25.00 (includes full breakfast buffet served at 8:00am-8:30am)

To register:
 www.SBDCMichigan.org/Training
Search Topic: Buy/Sell a Business


Questions? Contact 734-477-8765

How To Buy or Sell a Business-Muskegon

Wednesday, December 21, 2016
 

The Michigan SBDC has assembled a team of experts to discuss various topics about Buying or Selling a business.

Speakers 

  • Opening remarks-Brian Picarazzi, Senior Area Manager, U.S. Small Business Administration, Kevin Ricco, Regional Director, GVSU Muskegon Innovation Hub, Eric Seifert, Growth Specialist, Michigan Small Business Development Center
  • Patrick Mutchler, CPA, Brickley DeLong
  • Nick Good, Transaction Manager, NuVescor Mergers & Acquisitions
  • Adam Zuwerink, Attorney, West Michigan Law, P.C.
  • Matt Uhl, Vice President of Business Banking, Huntington Bank
  • Steve Whitteberry, Managing Director, Invictus Mergers and Acquisitions

Topics Include:

Topics to include:

•Business Valuation

•Preparing for Sale

•The Purchase Process and Due Diligence

•Financing Your Purchase

Event Details

What: How to Buy and Sell a Business

Who: Those who are looking to purchase or sell a business, as well as accountants, attorneys, business brokers, financial planners, CEOs and CFOs

When: Tuesday, January 31, 2017  8:30 AM-12:00 PM.  Breakout sessions will target buy and sell side challenges from 9:00am-11:00am. There will also be a panel discussion at the end from 11:00am to 12:00pm

Where: Muskegon Innovation Hub, 200 Viridian Drive, Muskegon, MI 49440

Cost: $25.00

To register:
 Call (616) 331-7370 or visit https://clients.sbdcmichigan.org/events.aspx (search by zip code: 49440)
Search Topic: Buy/Sell a Business

Packaging Industry Veteran Purchases Westpack, LLC

Tuesday, December 20, 2016
 

Rua Associates LLC, West Michigan’s premier mergers and acquisitions firm, is pleased to announce the successful sale of Westpack, LLC, located in Muskegon, to local packaging industry expert, Rich Wilson.

Established in 1992, Westpack designs and manufactures protective industrial packaging materials for durable goods industries including furniture, automotive, metal fabrication and plastic fabrication. Westpack sets itself apart from many packaging companies by focusing on low- to medium-volume production runs using a variety of materials including corrugated, foam, honeycomb and plastic. The Westpack system is designed to cut customer costs along with materials, damage and labor optimization. Dale Deveau founded the company when he saw opportunities to better serve small customers. Westpack’s design abilities and specialized and modified equipment give it a market niche that offers complete, cradle-to-grave packaging services that have maximized Westpack’s value to customers.

Rich Wilson brings with him over 20 years’ experience in the packaging industry as well as five years in the urethane foam industry. Rich has had sales, design and operational roles at multiple levels in both large international companies as well as smaller local companies. Through these experiences, he has contacts and relationships with both suppliers and customers not only within West Michigan but on a regional and national level as well.

Rua Associates, LLC proudly served as the exclusive mergers and acquisitions representative for this transaction.


How To Buy or Sell A Business-Bay City

Wednesday, December 14, 2016
 

The Michigan SBDC has assembled a team of experts to discuss various topics about Buying or Selling a business.

Speakers 

  • Opening remarks-Tom McFadden, Lender Relations Specialist, US Small Business Administration, Christine Greve, Great Lakes Bay Regional Director, Michigan Small Business Development Center, Eric Seifert, Growth Specialist, Michigan Small Business Development Center
  • Shawn Hyde, Business Valuation Manager, Yeo & Yeo CPA's
  • Randy Rua, President, Rua Associates
  • Clayton Johnson, Attorney, Braun Kendrick PLC
  • Mike Williams, Senior Vice President, Chemical Bank Commercial Lending
  • Steve Whitteberry, Managing Director, Invictus Mergers and Acquisitions

Topics Include:

Topics to include:

•Business Valuation(Sellers Track)

•Preparing for Sale(Sellers Track

•Due Diligence(Buyers Track)

•Financing Your Purchase(Buyers Track)

Event Details

What: How to Buy and Sell a Business

Who: Those who are looking to purchase or sell a business, as well as accountants, attorneys, business brokers, financial planners, CEOs and CFOs

When: Friday, January 27, 2017  10:00 AM-2:00 PM.  Breakout sessions will target buy and sell side challenges. Lunch will be provided from 12:30 pm to 12:50 pm. There will also be a panel discussion at the end from 1:00pm to 2:00pm

Where: Delta College, 1961 Delta Road, University Center, MI 48710

Cost: Free Event-lunch is provided

To register:
 www.SBDCMichigan.org/Training
Search Topic: Buy/Sell a Business


Questions? Contact 989-686-9597

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