MIDWEST MANUFACTURING SOFTWARE DEVELOPER

MIDWEST PROFILE MILLING TOOL MANUFACTURER  

This fast-growing Midwest software developer provides manufacturers with customizable systems that gather automated production data, integrate it with other business systems, and make it accessible and meaningful at the plant floor, management level, database and beyond. Its connectivity software simplifies and streamlines manufacturers’ production monitoring, recipe management, quality/statistical process control and work instructions. The software allows clients to maximize efficiency and profitability and more accurately determine return on investment. The Company has developed loyal customers across a broad geographical area in the U.S. and internationally and presents a strong growth opportunity for a new owner.

GROWTH OPPORTUNITIES

Digital outreach – Continuing to grow the company’s social media presence and pushing for online commerce would help further boost visibility, name recognition and sales. 

Market reach – Most current sales are through distributors, many of which also carry competitors’ products.   

Sales team – Creating a sales team to more actively pursue new business in the industry could produce high rewards. 

INVESTMENT HIGHLIGHTS

Diverse clients – Company’s products are widely used in medical equipment, aerospace, defense, energy, and automotive industries throughout North America and overseas. 

Outstanding quality – Tools are made with premium grade submicron carbide, from the world’s top suppliers, to ensure quality and consistency. 

Competitive pricing – Prices are often 10-20 percent below those of its competitors. 

Quick customization – As a smaller Company, it offers quick turnaround of special milling tools for finishing.  

Customer service – A live person answers the phone, quote requests are answered the same day, and 95% of orders are shipped the same day. 

Loyal customers – Company enjoys a 90 percent client retention rate and about a 90 percent conversion rate when prospective clients test its tools.  

Prime territory – Home base is in the heart of a prime North America manufacturing center.

 

 

2023 Revenue:  

2023 EBITDA:  

NuVescor Advises Control Dynamics In Acquisition By Verona Industrial Controls

NuVescor Advises Control Dynamics In Acquisition By Verona Industrial Controls​

NuVescor Group is pleased to announce the successful sale of Control Dynamics, Inc., to Verona Industrial Controls

Control Dynamics (CDI), based in Hudsonville, MI, was founded in 1985 as the controls and integration division of Electro-Techniques, Inc., an industrial electrical contracting firm, and incorporated as a separate entity in 1998. The business provides inclusive turn-key controls integration and specializes in designing and developing software and electrical controls for Manufacturing Data Systems, Process Control Systems, and Material Handling Systems, along with the capability of electrical panel assembly, programing, and hardware design. Additionally, CDI has successfully developed and marketed the trademarked Labelwright® labeling system for the food, beverage, and other industries.

Verona Industrial Controls (VIC) is a new entity created by the ownership of Verona Industrial Equipment, LLC (VIE). Founded in 1932, Verona Industrial Equipment is one of the largest independent motor and drive distributors in the United States. VIE carries a $2M inventory of motors and controls in warehouses in Howell and Kalamazoo, Michigan. VIC will operate the new company under the DBA Control Dynamics Integrators (CDI).

As the technology of “soft” starting and speed control of electric motors has grown due to energy saving requirements, CDI saw the opportunity to add electrical controls design and build as value added products and services.

One of the primary goals VIC had for a new acquisition was for the company to be self-managing. VIC recognized CDI as a self-managing, profitable company with an excellent existing management team.

“I see many benefits and opportunities for the team and the company from joining together with Verona Industrial Controls!” said Dean Rockwell, former owner of Control Dynamics Inc.” The new owners are excited about the potential and, in the short time since closing this deal, they have demonstrated a full commitment to developing the new opportunities that such an alliance brings to both companies.” Rockwell will stay on as a consultant to the new company for six months.

With the addition of new sales personnel and the existing sales team, VIC will aggressively pursue new markets and offer existing clients and customers of VIC the products and services of Control Dynamics.

VIC sees future growth in acquisitions of distribution of industrial electrical controls components and hardware and possible “bolt-on” companies to CDI to expand their capabilities and capacity.

Control Dynamics Inc. was assisted in the transaction by the NuVescor Group. “In the process of evaluating many suitors, our goal was to find a firm that was established in the industrial sector, leadership who appreciated the value and capabilities of Control Dynamics, Inc., and recognized how such an acquisition could increase and expand opportunities for their already successful business,” said Rockwell. “I was not looking for the greatest net return; I wanted potential for the best outcome for my people and for the buyer.”

Randy Rua, President of NuVescor, said, “We were honored to work with Dean to find a buyer who would continue the proud legacy of Control Dynamics. The acquisition by Verona Industrial Controls was a win-win for both parties.”

View Completed Transactions 

GLOBAL NICHE CONSUMER PRODUCTS MANUFACTURER

GLOBAL NICHE CONSUMER PRODUCTS MANUFACTURER

This U.S.-based Company is a longtime leader in the manufacture, sales and distribution of luxury goods cleaning and polishing products, supplying retailers, designers, manufacturers, and retail customers domestically and globally. Its primary sales are business-to-business, but it has recently expanded to sell directly to consumers. Over many decades in business, the Company has earned thousands of loyal customers. Its products are sold in a variety of distribution channels, including some of the world’s largest retail chains, television, and ecommerce, through both private labelling and two house brands. Its successful products and operations have earned it a strong reputation and multiple accolades within its industry. The Company’s wide range of products and services and ability to produce in large quantities far exceed its competitors’ capabilities.

GROWTH OPPORTUNITIES

House brand sales – The Company has barely scratched the surface in expanding sales beyond its traditional business-to-business focus. This includes direct-to-consumer sales and opening the house brands to additional retailers.

International / U.S. expansion – The Company has some international distribution but given the lack of global producers, has significant opportunity to expand throughout South America, Europe and Asia, in addition to further growth in the U.S.

Room to grow – Its facility is currently operating at less than full capacity. The Company is capable of increasing production without additional investments in people, processes, technology or equipment.

INVESTMENT HIGHLIGHTS

 Broad range of services – The Company provides turnkey solutions to its private label clients with not only cleaning products and customized packaging, but also marketing and education to help win over consumers.

Loyal customers – The Company has earned thousands of active, long-term customers both in the U.S. and internationally.

Winning reputation – A standout in its industry, the Company has received accolades from business publications for its strong growth and quality products.

Established sales, marketing – An experienced sales team is backed by email marketing campaigns, the Company’s website and annual appearances at the world’s largest industry tradeshow in its primary channel.

High-profile partners – The Company’s products are in a wide variety of channels nationwide and globally, including large retail chains, television, specialty retailers, and e-commerce.

Innovative company – Over many decades in operation, the Company has listened to the market and
customer feedback and adapted accordingly and is widely regarded as the global category leader.

2023 Revenue: $7,500,000

2023 EBITDA: $750,000

 

Contact:

NuVescor Group

(616) 379-4047 Ext: 106

NuVescor Advises Automation & Modular Components, LLC (AMC, LLC) On Its Sale To Coesia

NuVescor Advises Automation & Modular Components, LLC (AMC, LLC) On Its Sale To Coesia

NuVescor Group is pleased to announce the successful sale of Automation & Modular Components, LLC (AMC, LLC) to Coesia. Through its Company FlexLink, Coesia has closed the acquisition of 100% of the share capital of AMC, LLC.

Automation & Modular Components, LLC (AMC), headquartered in Davisburg, Michigan, USA, is a manufacturer of material handling automation systems with integrated controls, as well as conveyors for integration into assembly systems and production lines. AMC serves many industries including Automotive, Food, Medical, Appliance, Metalworking, Electronics, Packaging, Munitions, Parts Processing, Glass, Pharmaceutical, Alternative Energy including Solar, Container Handling, Household Products, and Assembly & Material Handling.

AMC will strengthen Coesia’s and FlexLink’s presence on the US market, particularly strengthening its capabilities in the battery sector and broad-spectrum material handling applications.

Coesia AMC done deal

“We are glad to welcome AMC in our Group, and we consider this company a strategic asset especially for the development of FlexLink whose robotic and material handling expertise will be further enhanced and expanded by AMC’s heavy weight conveyance systems,” says Alessandro Parimbelli, Chief Executive Officer of Coesia. “The introduction of AMC into Coesia’s portfolio in the United States will enhance the organization’s capabilities and allow the group to continue on its path to being a dominant solution provider in the automation industry.”

“Coesia with FlexLink is the perfect home for AMC to continue on its growth path and further expand its global presence, continuing to help companies in over 25 industries across six continents to produce goods faster, with more consistency,” says Dick Shore, former owner of AMC.

Coesia plans to continue investing in automation technology. The sector has attractive growth that will continue long into the future. The Group will continue to support inorganic and organic growth in the United States and globally.

NuVescor Group acted as the M&A advisor for AMC and facilitated the connection between Coesia and AMC. “AMC is a wonderful business with unique capabilities in the manufacturing space. We wanted to find the perfect fit to allow them to continue to grow in that space,” says Randy Rua, President of NuVescor.

View Completed Transactions 

SOUTHEAST MICHIGAN INDUSTRIAL PLATING AND COATING COMPANY.

*UNDER LOI* 

SOUTHEAST MICHIGAN INDUSTRIAL PLATING AND COATING COMPANY.   

 

This Southeast Michigan industrial plating and coating Company provides electrodepositions and industrial coatings to the automotive, military, furniture, and appliance industries throughout the Midwest, nationally and internationally. It stands out from competitors in its ability to process a wide variety of part sizes in small to large quantities. In its more than 40year history, the Company has built a stable of clients that is wide, deep, and loyal. Its location in a region rich in manufacturing presents multiple opportunities for building sales with more aggressive marketing. Current facilities provide plenty of room for growth, and an experienced leadership team is on board to assist new owners. 

GROWTH OPPORTUNITIES

Untapped capacity – The Company’s facility provides plenty of room for growth, capable of potentially doubling its current revenue within the premises.

Aggressive recruiting – Lack of qualified employees, not lack of work, has been the Company’s greatest challenge to growth.

Sales and marketing – The Company has no sales team, relying primarily on its reputation, word of mouth, and its website to generate new business.

INVESTMENT HIGHLIGHTS

 

Broad capabilities – The Company can process a wide variety of part sizes in quantities ranging from small lots to large production runs.

Many loyal customers – It has built a large stable of loyal clients; its top 10 customers have been working with the Company for an average of 17 years.

Industry certification – The Company’s ISO certification allows it to serve the many customers that require that industry standard.

Supplier relationships – Its top 5 suppliers have been working with the Company for an average of 18 years.

Experienced leaders – A leadership team, already in place, has decades of experience.

 

3 Year Average Revenue: $1,880,000

3 Year Average EBITDA: $330,000

 

Contact:

NuVescor Group

(616) 379-4047 Ext: 106

SOUTHEAST MICHIGAN FASTENER MANUFACTURER SOLD TO INVESTORS

SOUTHEAST MICHIGAN FASTENER MANUFACTURER SOLD TO INVESTORS

NuVescor Group is pleased to announce the successful sale of a Southeast Michigan fastener manufacturer.

The 90+ year old family business produces a wide range of turned products utilizing screw machines and CNC turning centers. Primary products produced are externally threaded fasteners and associated fastening products for a multitude of vehicle drivetrains. Primary markets served are in the Automotive, Off-Highway, Farm Implement, Marine Propulsion and Military vehicle markets. Customers supplied include vehicle OEM’s, Tier 1 and 2 OEM’s and fastener distributors located throughout the United States, Canada and Mexico.

The individual buyers are looking to grow and expand the business.

View Completed Transactions