News & Insights

Use the Value Builder Survey to Understand Business Value

Wednesday, December 27, 2017
 

The Value Builder System was developed by author John Warrillow to help business owners understand the value of their business from a buyer’s perspective. The first step is for the business owner to fill out a 40 question survey which will provide them with their overall Value Builder Score. Their answers are compiled and compared against 23,000+ businesses to create their scores for each of the 8 value drivers. Additionally, several reports and presentations are automatically created explaining the business owner’s scores as well as suggestions for improving their scores.

Here are some possible uses for educating your client using these tools:
1.One-on-one discussions with clients regarding their value
2.Business owner roundtable on understanding & improving value
3.Newsletter articles on understanding & improving value
4.Webinars on understanding & improving value
5.Workshops/Lunch & Learns on understanding & improving value



Mission Design and Automation acquired by Concurrence Capital Holdings

Friday, October 27, 2017
 

NuVescor Group, Michigan’s premier mergers and acquisitions firm, is pleased to announce the successful sale of Mission Design & Automation LLC of Holland, MI to Concurrence Capital Holdings LLC of Grand Rapids. NuVescor, represented Mission Design and Automation, working with the support of Rua Associates.

A leader in automation technology for a diverse mix of industries, Mission Design and Automation was founded in 2004 on the principle of treating all stakeholders – customers, employees, suppliers and partners – with the highest degree of integrity. Mission specializes in the design and manufacturing of highly complex automation solutions for the automotive, office furniture, medical and consumer goods industries, serving customers in North America.

Concurrence Capital Holdings is a private investment and management firm that offers the strategic capital, expertise and partners to provide the right transitional solution for targeted investment opportunities.

“Loren and the entire Mission team are to be commended for what they have accomplished together. They have developed a stellar reputation as a company that people want to work with and for, and that is known for world-class design and automation capabilities and exceptional customer service,” said Michael Brom, Managing Partner at Concurrence Capital Holdings. “They are well positioned for even greater growth as the automation industry continues to flourish. Jason Byrd and I are thrilled to partner with them and leverage our experience to help support their continued growth.”

NuVescor is a distinguished mergers & acquisitions service provider headquartered in West Michigan and serving clients throughout Michigan and the Midwest. Their passion is discerning and achieving client objectives through successful and timely business transactions. NuVescor offers a complete array of professional buy and sell-side business brokerage services including corporate M&A outsourcing to a growing network of clientele.

Shelby Eye Care Associates acquired by Eyewear Detroit LLC

Wednesday, October 18, 2017
 

Rua Associates LLC in partnership with ClearVision, Inc. of Metro Detroit is pleased to announce the successful sale of Shelby EyeCare in Shelby Township to Dr. Darren Smarch of Eyewear Detroit. Dr. Smarch saw an opportunity to expand his existing practice with the addition of Shelby EyeCare. Dr. Smarch and Dr. Haba will continue to work closely together to provide the exceptional level of care and customer service that both doctors are known for.

Shelby EyeCare is a state-of-the-art diagnosis and care facility that utilizes the most advanced testing and diagnostics in the industry. Dr. Smarch and the staff at Shelby EyeCare will continue to provide the high-quality service, value and friendliness that Dr. Haba provided to her clients for decades.

ClearVision is a Michigan-based firm that offers business strategies and mergers & acquisitions services to business owners. By partnering with Rua Associates, ClearVision is able to provide an exceptional experience for clients looking to sell their business or grow through acquisition.

Rua Associates is a distinguished mergers & acquisitions service provider that partners with other professional service providers to provide the full array of disciplines needed to have successful and timely business transactions. Rua has also developed a proprietary proven process that greatly increases the success rates for business transactions as well as the customer experience.




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


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.

 

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.


J&N Construction acquired by D.J. McQuestion & Sons

Tuesday, August 09, 2016
 

Rua Associates LLC, West Michigan’s premier mergers and acquisitions firm, is pleased to announce the successful sale of J&N Construction, a Gaylord-based excavation contractor, to D.J. McQuestion & Sons, Inc., a LeRoy, MI-based construction company.

This is a diversified excavation contractor with decades of experience. The Company has a full line of
trucks and heavy equipment suitable for commercial construction, residential construction, underground utility work, site clearing and road construction. It also provides a full range of soils, gravels and other construction materials. The Company is staffed by experienced operators and managers. A history of attention to customer service has built up a strong base of returning customers. The Company’s experience, customer base, equipment inventory and personnel make
it an attractive prospect for a financial buyer looking to operate a company or strategic buyer
looking to grow or gain a large foothold in the Michigan market.

Rua Associates is a distinguished mergers & acquisitions service provider headquartered in West Michigan. Our passion is discerning and exceeding client expectations through successful and timely business transactions. We offer a complete array of professional buy and sell-side business brokerage services, which includes corporate M&A outsourcing, to a growing network of clientele.

Our New Partnership With the Community Foundation

Thursday, February 18, 2016
 

Rua Associates has announced that it will partner with the Community Foundation to help further the Foundation’s “Today. Tomorrow. Forever.” campaign efforts to grow the Community’s Endowment for the Holland/Zeeland area.

Rua Associates, merger and acquisition strategists, is headquartered in Zeeland, but does business throughout the Midwest. Most of their 12 employees live in the Holland/Zeeland area, and they wanted to find a way to increase their local impact, recognizing that when a business owner sells, it has a ripple effect on the entire community - the employees, suppliers, vendors, and the seller’s and buyer’s families.

Depending on the situation, Rua Associates will match the business seller’s donation to the “Today.Tomorrow.Forever” campaign, dollar for dollar. Because the campaign currently has a 2:1 match that was established by lead donor gifts, the seller’s contribution will not only be matched once, but twice.

“The two matches will triple the impact of the seller’s donation,” said Randy Rua, president and founder of Rua Associates. “Partnering with the Community Foundation in this way gives the seller an opportunity to give back to the community and to leave a lasting legacy. By matching donations, Rua Associates is able to further those opportunities for an even more impactful legacy.” Rua will work with a few select businesses in the area that want to transition in the next year.

“The support of our local organizations and community members surrounding our efforts to grow our Community’s Endowment has been incredible,” said Mike Goorhouse, President/CEO of the Community Foundation. “Rua Associates is a phenomenal example of a business committing to the long-term future of our community, stepping up to give back and encouraging charitable giving in creative and innovative ways.”

Rua Associates is willing to work directly with the business owner, or with their trusted advisors to complete a successful transaction, and to make a meaningful difference that they believe will help the community long into the future.
Contact:
Alex Calder, Sales and Marketing Manager
alex@ruaassociates.com, (616) 741-9344 or
Optionally, you can contact cfhz.org, or call them at 616-396-6590.


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