News & Insights

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.

 


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