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.”

On-site service – Company has seen rising demand for technical service assistance and automation of welding equipment at customers’ locations. 

Increase sales/marketing efforts – Future growth is possible through addition of qualified and experienced sales and technical personnel and/or manufacturing sales representatives to help promote the Company’s resources and talent with current and potential customers. 

Potential new markets – There are options to partner with other general contractors and quote “piping only”
projects as well as installation opportunities for temporary cooling/heating equipment and piping

Growth in chemical industry – There has not been substantial infrastructure improvements within the
chemical industry in the past few years, and there are plants that are expected to have significant increases
in capital expenditures to address these improvements.

History of Innovation – The Company has a record of innovation, introducing new methods of manufacture that reduce cost and time to market while preserving and improving quality.

Opportunity to Add Customers and Markets – Customer retention and expansion has occurred without a sales department. New customer development could propel growth in existing and new markets.

Lights-Out CNC Manufacturing – The business already operates some CNC machining without direct operator supervision. A manufacturing strategy could be developed to leverage current equipment and facility infrastructure further without increasing direct variable labor cost.

Kick-starting sales – The Company currently is operating well under capacity as its marketing relies primarily on their reputation and current clients. Creating a sales operation to more actively pursue new business and leverage the Company’s sought-after capabilities could produce high rewards.

New products in the pipeline – The Company currently has new proposed projects under way with current and prospective customers