NORTON SHORES PLASTICS MANUFACTURER ACQUIRED BY GRAND HAVEN PLASTICS FIRM

NORTON SHORES PLASTICS MANUFACTURER ACQUIRED BY GRAND HAVEN PLASTICS FIRM

GRAND RAPIDS, Mich. – April 15, 2021 – NuVescor Group is pleased to announce the successful sale of Seabrook Plastics, Inc., to Molding Solutions, Inc.

Seabrook Plastics, operating in Norton Shores, Mich., is a custom injection-molding company that manufactures plastic components for longtime, repeat customers in industries including automotive, military and beverage.

Molding Solutions, based in Grand Haven, Mich., offers plastic injection molding, product development, engineering, assembly, tooling management and development, and product development assistance.

Founded in 1994, Seabrook Plastics has operated at its current location, 1869 Lindberg Drive, Norton Shores, for its entire 27-year history. The Company’s consistent investment in cutting-edge manufacturing technology, exceptional focus on quality, ability to manufacture to tight tolerances and dedicated workforce have allowed it to attract a loyal customer base. In addition to injection molding, it provides engineering assistance, insert molding and assembly.

Among its many manufacturing technology investments are advanced central drying and material conveying systems – features not normally seen in a shop of its size. The systems work together to ensure raw materials are processed and distributed directly to individual machines. A custom piping network transports materials from the drying system to the shop floor, ready to use. This technical process reduces waste, eliminates costly downtime, and lowers overall process costs.

The Company utilizes a scientific molding process that allows it to manufacture parts with extremely tight tolerances. Such capabilities are key to serving industries like the military. Its quality record and IATF 16949 certification have been achieved through rigorous employee training and certification, real-time internal process performance monitoring, complete lot traceability, and the use of automated vision inspection and testing systems.

Molding Solutions, with operations at 1734 Airpark Drive, Grand Haven, is known for its flexibility, quick response and direct approach to projects and support. The Company, which is ISO 9001:2015 certified, utilizes both electric and hydraulic horizontal presses as well as vertical and rotary platen presses for custom molding and insert molding.

Seabrook Plastics was assisted in the transaction by NuVescor Group.

About Seabrook Plastics, Inc.

Seabrook Plastics, operating in Norton Shores, Mich., is a custom injection-molding company that manufactures plastic components for longtime, repeat customers in industries including automotive, military and beverage. The Company, founded in 1994, is known or its consistent investment in cutting-edge manufacturing technology, exceptional focus on quality, ability to manufacture to tight tolerances and dedicated workforce.

About Molding Solutions, Inc.

Molding Solutions, based in Grand Haven, Mich., offers plastic injection molding, product development, engineering, assembly, tooling management and development, and product development assistance.

About NuVescor Group

NuVescor Group, based in West Michigan, is a distinguished mergers & acquisitions service company that partners with other professional service providers to provide the full array of disciplines needed to have successful and timely business transactions. NuVescor works within many different industries and has a strong focus and track record specifically in the manufacturing sector. NuVescor utilizes a proprietary proven process that greatly increases the success rates for business transactions as well as the customer experience. For additional information, please visit www.nuvescor.com.

JENISON, MICH., DIE CUT MATERIALS FIRM ACQUIRED BY ROCKFORD, ILL., COMPANY

Jenison, Mich., die cut materials firm acquired by Rockford, Ill., company

GRAND RAPIDS, Mich. – March 19, 2021 – NuVescor Group is pleased to announce the successful sale of Dienetics, Inc., to Excelsior, Inc.

Dienetics provides engineered die cut materials tailored to meet its customers’ applications in many industries including automotive, appliance, medical and office furniture.

Excelsior is a manufacturer of custom gaskets, washers, seals, insulators, packings, shims, protective covers, and other precision parts from both synthetic materials and thin gauge metals.

Dienetics, located at 2206 Pine Ridge Drive, Jenison, Mich., was founded in 1955. The Company’s expertise in both die cutting and die making services means it can provide its customers with rapid prototyping, design resolution, accelerated production and reduced time to market. From project conception to delivery of engineered parts, Dienetics’ capabilities go far beyond engineering, including services such as sorting, packaging, light assembly and hot-melt gluing. The Company can work with materials including foams, fibers, plastics, adhesives, board and fabrics.

Dienetics’ operations consist of about 10% die making and 90% die cutting, mostly for the auto industry. In the automotive realm, Dienetics is a Tier 1 and Tier 2 supplier of steel rule die cut foams, fibers, paperboard and plastics used in applications such as sound-deadening and reinforcement materials for vehicle headliners, visors, doors, engine compartments and trunks.

Excelsior, located at 4982 27th Avenue, Rockford, Ill., has been operating since 1916. Over its 105-year history, it has developed the sophistication required to deal with large international OEM manufacturers while retaining the scale and personal service valued by companies of all sizes.  Whether it is a standard part for a household consumer product or proprietary piece for an aerospace company, Excelsior designs, prototypes, and manufactures parts that meet its customers’ exact specifications.

Dienetics was assisted in the transaction by NuVescor Group, a mergers & acquisitions service provider, based in West Michigan. Nuvescor partners with other professional service providers to provide the full array of disciplines needed to have successful and timely business transactions.

 

About Dienetics, Inc.

Dienetics provides engineered die cut materials tailored to meet its customers’ applications in many industries including automotive, appliance, medical and office furniture. The Company’s expertise in both die cutting and die making services means it can provide its customers with rapid prototyping, design resolution, accelerated production and reduced time to market.

About Excelsior, Inc.

Excelsior is a manufacturer of custom gaskets, washers, seals, insulators, packings, shims, protective covers, and other precision parts from both synthetic materials and thin gauge metals. It works with a wide range of materials, including rubber, plastics, cork, insulating material, felt, foam, sponge, and non-asbestos compressed material.

About NuVescor Group

NuVescor Group, based in West Michigan, is a distinguished mergers & acquisitions service company that partners with other professional service providers to provide the full array of disciplines needed to have successful and timely business transactions. NuVescor works within many different industries and has a strong focus and track record specifically in the manufacturing sector. NuVescor utilizes a proprietary proven process that greatly increases the success rates for business transactions as well as the customer experience. For additional information, please visit www.nuvescor.com.

ELECTRONIC PROCESSING SOFTWARE PROVIDER

ELECTRONIC PROCESSING SOFTWARE PROVIDER

This nationwide Company has developed proprietary software and processes for paperless, electronic management of sensitive data that is embraced by customers across the United States. This Company has created phenomenal and steady sales growth that has made them first in their service niche. The Company’s affordable, efficient, easy-to-use, secure, web- based product is authorized to directly integrate with the database of a federal agency in its field. The proprietary software provides for complete electronic management, from origination, to resolution. The Company’s faithful customer base of governmental entities includes more than half the U.S. states, hundreds of counties and municipalities, plus numerous national and state level professional organizations.

GROWTH OPPORTUNITIES

Market share potential –This Company has seen an exponential growth rate, with some years exceeding 35 percent. Its growth potential is nowhere near capped. With a market of over 20,000 clients, only 5,000 are currently using the Company’s software and process.

Industry leader — In a field with high industry entry barriers, competitors have demonstrated the lack of ability to match the Company’s service level and price. The greatest sources of new business are customers dissatisfied with an outdated competitor’s product.

Strong reputation — New sales are driven primarily by word of mouth from loyal customers rather than marketing.

INVESTMENT HIGHLIGHTS

Customer loyalty – The Company has a national customer base that is gained primarily through strong reputation, treating clients with respect, and providing clients with a product they can afford. Over 10+ years the Company maintains a very strong customer retention record. State contracts have always been renewed.

Unique solution — The Company offers proprietary software and processes, which enables customers to directly integrate with the database of a federal agency. This allows customers to work efficiently, reliably, and securely. What previously took days to complete, now only takes minutes.

Spot-on software – With extensive knowledge of proprietary software, processes, and user needs, the Company offers its product to customers, enabling them to do their jobs efficiently, reliably, and securely.

 2019 Revenue: $1,850,000
2019 EBITDA: $1,300,000

WEST MICHIGAN DIE CUT MATERIALS FIRM ACQUIRED BY ILLINOIS COMPANY

West Michigan Die Cut Materials Firm Acquired by Illinois Company

GRAND RAPIDS, Mich. – March 19, 2021 – NuVescor Group is pleased to announce the successful sale of a West Michigan die cut materials firm to an Illinois company which provides similar products.

The West Michigan firm provides engineered die cut materials tailored to meet its customers’ applications in many industries including automotive, appliance, medical and office furniture. In the automotive realm, the Company is a Tier 1 and Tier 2 supplier of steel rule die cut foams, fibers, paperboard and plastics used in applications such as sound-deadening and reinforcement materials for vehicle headliners, visors, doors, engine compartments and trunks.

The Illinois company is a manufacturer of custom gaskets, washers, seals, insulators, packings, shims, protective covers, and other precision parts from both synthetic materials and thin gauge metals. It works with a wide range of materials, including rubber, plastics, cork, insulating material, felt, foam, sponge, and non-asbestos compressed material.

 

About NuVescor Group

NuVescor Group, based in West Michigan, 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. NuVescor works within many different industries and has a strong focus and track record specifically in the manufacturing sector. NuVescor utilizes a proprietary proven process that greatly increases the success rates for business transactions as well as the customer experience. For additional information, please visit www.nuvescor.com.

VINCI ENERGIES ACQUIRES OUTBOUND TECHNOLOGIES HOLDING INC. IN USA

Outbound Technologies Inc. acquired by global firm VINCI Energies

GRAND RAPIDS, MI – Feb., 2021 – NuVescor Group is pleased to announce the successful sale of Outbound Technologies, Inc., to VINCI Energies.

Outbound Technologies – an industrial controls company with headquarters in New Hudson, MI, and offices also in Indiana and Ohio – provides project management, controls integration and engineering services for clients in a wide variety of industries.

VINCI Energies is a global firm that focuses on connections, performance, energy efficiency and data to fast-track the rollout of new technologies and support two major changes: digital transformation and the energy transition. It has more than 80,000 employees in 56 countries.

Outbound Technologies, founded in 1994, is a full-service industrial automation systems integrator with a diverse background in successful system implementation in a broad spectrum of industries, employing a wide range of control, computing, network and software technologies. These services include electrical & controls system design, project management, system integration, robotic automation, guarding and safety solutions, panel design and manufacturing.

Chris Tury Sr., president of Outbound Technologies, says: “We are delighted to be joining a team whose philosophy and values closely match the cultural values of Outbound. Being a part of Vinci Energies will allow Outbound to expand its services and innovation offerings to support a broader geographic customer base across the U.S. With Vinci Energies, Outbound will continue to deliver its customary level of excellent support to its premium customer base.”

Outbound Technologies will join the Actemium network, a branch of VINCI Energies. The purchase further expands VINCI Energies’ industrial business portfolio in the U.S. For Actemium, the Outbound acquisition will add value to the solutions it can offer customers worldwide.

Peter Derks, director at VINCI Energies, says: “We are proud to have Outbound within our group, which is a next important step in our goal to grow our business in the U.S. Outbound’s expertise is highly appreciated by its customers, and together we are able to respond better to the industrial clients’ needs.”

Outbound was assisted in the transaction by NuVescor Group, a mergers & acquisitions service provider, based in West Michigan. Nuvescor partners with other professional service providers to provide the full array of disciplines needed to have successful and timely business transactions.

“This buyer was a great strategic fit for Outbound Technologies,” said Randy Rua, Nuvescor’s managing partner. “We were able to bring them together because of the market we created, the buyer profile we built based on our time-tested process, and our ability to guide the matchmaking and closing process.”

About Outbound Technologies, Inc.

Outbound Technologies, Inc., is a full-service industrial automation systems integrator with a diverse background in successful system implementation in a broad spectrum of industries, employing a wide range of control, computing, network and software technologies. With professional, knowledgeable and experienced employees, Outbound delivers successful solutions for projects of any size. These services include electrical & controls system design, project management, system integration, robotic automation, guarding and safety solutions, panel design and manufacturing.

 

About VINCI Energies

In a world undergoing constant change, VINCI Energies focuses on connections, performance, energy efficiency and data to fast-track the rollout of new technologies and support two major changes: digital transformation and the energy transition. Keeping pace with market change, VINCI Energies integrates customized solutions to help its customers roll out technologies that serve a useful purpose and care for the planet, from design to implementation, operation and maintenance. VINCI Energies’ 1,800 agile and innovative business units build on their strong regional roots to boost the reliability, safety, sustainability and efficiency of buildings, factories, energy, transport and communication infrastructure, and information systems.

 

About NuVescor Group

NuVescor Group, based in West Michigan, is a distinguished mergers & acquisitions service company that partners with other professional service providers to provide the full array of disciplines needed to have successful and timely business transactions. NuVescor works within many different industries and has a strong focus and track record specifically in the manufacturing sector. NuVescor utilizes a proprietary proven process that greatly increases the success rates for business transactions as well as the customer experience. For additional information, please visit www.nuvescor.com.