News & Insights

Essential Bean LLC Acquired by Financial Buyer

Friday, October 22, 2010
 

Rua Associates, Grand Rapids' premier mergers and acquisitions firm, is pleased to announce the successful sale of Essential Bean LLC to a financial buyer. Essential Bean is a 10+ year established coffee shop in Caledonia, MI. The Company provides a variety of coffees, smoothies and baked goods to a growing & established customer base.

Essential Bean maintains a website, a Twitter account with over 50 followers and a blog. Each of these venues promotes daily specials and offers promotions to entice customers into the shop.

The buyer, an individual from the West Michigan area, is excited about the opportunity to grow and expand the business.

Rua Associates, LLC, a West Michigan mergers & acquisitions firm, was the exclusive representative of the seller.

Agritek Acquires Grand Rapids Manufacturer Autotek, LLC

Friday, October 01, 2010
 

Rua Associates is pleased to announce the successful sale of Autotek, LLC of Grand Rapids, MI to Agritek Industries, Inc. of Holland, MI.

Founded in 2007, Autotek, LLC, is a contract manufacturer of a proprietary automatic parts feeding system utilized primarily in high volume metal manufacturing. The Company has multiple patents in place covering the various features of its product.

Agritek Industries, Inc. is a recognized metal products manufacturing company located in Holland, MI. Larry Kooiker started Agritek in 1987, manufacturing material handling equipment for agricultural uses. Today Agritek serves customers in a variety of areas ranging from the transportation, recreation and furniture industries, to specialty agricultural manufacturing.

Rua Associates, LLC, a West Michigan mergers & acquisitions firm, was the exclusive representative of the seller.

Exordium Acquired by Macatawa Technologies

Tuesday, September 07, 2010
 

Rua Associates, Grand Rapids premier mergers and acquisitions firm, is pleased to announce the successful sale of Construction News Service (“CNS”) to Florida-based construction information provider, Construction Data. The acquisition will expand Construction Data’s regional coverage to thirty-two states, expand the breadth of information to the construction community and add additional resources to expand its informational service to its strong subscriber base.

Located in Wyoming, Michigan, CNS has been in business over 12 years, employs over 12 people and has a long tradition of serving its customers in Michigan and Indiana. “After searching the country for the right fit for both our employees and customers, we found Construction Data was the perfect home to continue the healthy rapport with CNS employees, as well as, the resources to maintain and grow the customer base. We could not be happier knowing that CNS will continue to prosper for years to come,” said Heather Monroe, President of CNS.

Construction Data, founded over 30 years ago, serves the commercial construction industry with regionally focused commercial construction projects. “The acquisition of CNS expands our coverage area, brings us new products, new people and leverages our business for other similar expansion opportunities. We continue to expand with new market launches and great add-on acquisitions such as CNS,” said Bill Black, President of Construction Data.

About Construction Data:

Construction Data (www.cdcnews.com) is a leading provider of regionally focused information to the commercial construction industry. Founded in 1977, CDC has expanded to thirty-two states by providing comprehensive commercial construction project information and construction leads to its subscribers in web based formats. Construction Data is based in Vero Beach, Florida with over 300 employees and offices in Pennsylvania, North Carolina, Florida, Texas, Alabama and Illinois.

About CNS:

CNS is a provider of regionally focused information to the commercial construction industry in Michigan and Indiana. Founded in 1998 by Lloyd Monroe, CNS has expanded in Michigan and Indiana by providing its subscribers with a wide range of commercial construction project information on-line and via email. CNS is based in Wyoming, Michigan with over 12 employees.

Rua Associates, LLC, a West Michigan mergers & acquisitions firm, was the exclusive representative of the seller.


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