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 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 

ILLINOIS PLASTICS MANUFACTURER ACQUIRED BY STRATEGIC BUYER

ILLINOIS PLASTICS MANUFACTURER ACQUIRED BY STRATEGIC BUYER

NuVescor Group is pleased to announce the successful sale of an Illinois plastics manufacturer to an established company in the same industry.

The plastics manufacturer which has been purchased is both a contract manufacturer and custom injection-molding company that produces plastic components for longtime, repeat customers in industries including automotive and fitness. The company had revenues of $15MM in 2022.

The strategic buyer offers plastic injection molding, product development, engineering, assembly, tooling management and development, and product development assistance. The buyer saw the value in the extensive customer list as well as the equipment that would provide synergistic growth opportunities. The Company utilizes both electric and hydraulic horizontal presses as well as vertical and rotary platen presses for custom molding and insert molding.

NuVescor Group assisted in the sale of the business, bringing a buyer with a strong fit looking to grow through acquisition.

Back to Completed Transactions 

DST CONTROLS ACQUIRED BY CKC AUTOMATION

DST CONTROLS MERGES WITH CKC AUTOMATION, ACQUIRED BY DEPATIE FLUID POWER

Two California automation firms merge, DST Controls Inc. and CKC Engineering LLC, which in turn have been purchased by the Michigan-based Depatie Fluid Power Group. DST Controls, based in the San Francisco Bay Area of California, has provided a broad array of automation and industrial controls services to a diverse, global base of customers from multibillion-dollar manufacturers to entrepreneurial startups for nearly 50 years.

CKC Engineering, also with headquarters in the San Francisco Bay Area, provides innovative automated equipment solutions to a variety of clients, from small startups to large manufacturing companies, in and around Silicon Valley and the West Coast.

Depatie Fluid Power, with headquarters in the southwestern Michigan city of Portage, has served the hydraulic and pneumatic power needs of thousands of customers across western Michigan and northern Indiana for more than 60 years.

dst-ckc-deal-tombstone

GROWTH OPPORTUNITIES
Growing market – This opportunity presented a way for Depatie Fluid Power to balance its business in the fast-growing market for factory and infrastructure automation, controls and data. Combined, these companies, DST Controls and CKC Engineering offer the full suite of capabilities in automation. Strategically, they share many similarities with Depatie that will allow it to leverage engineering, business systems, sales and support across to build new ideas and create efficiency.

 

INVESTMENT HIGHLIGHTS
Future investment – The merging of DST Controls and CKC Engineering is an investment in the future and it creates a combined company that can perform in the industry. Buying the California automation firms was a natural progression as Depatie Fluid Power continues to expand beyond its traditional fluid power offerings.

Enhanced customer value – Customers of the combined Company will have a nimble and experienced partner that can support all their automation requirements. Since the acquisition, and to highlight the next chapter in their automation journey, the two companies will merge and be rebranded as CKC Automation.

Employee future – Employees of DST Controls and CKC Engineering will gain additional opportunities for personal growth through new projects, customers and technologies because the development of employee expertise is a cornerstone of the organization

Contact: NuVescor Group
(616) 379-4047

 

MIDWEST INDUSTRIAL EQUIPMENT SALES COMPANY (NVC2211)

MIDWEST INDUSTRIAL EQUIPMENT SALES COMPANY

This Company sells and services new and used high-quality industrial woodworking and panel processing machinery to customers in several midwestern states, building a wide and loyal client base over several decades in business. It benefits from a knowledgeable and productive sales staff and strong, long-term relationships with manufacturers of the world’s finest machinery in its industry. Demand for its products is strong and growing. With a large base of established customers and a solid reputation, the Company is poised for growth. The owner is willing to assist new owners through a transition period of up to one year.

GROWTH OPPORTUNITIES

Sales capacity – Hiring additional qualified sales personnel could help the Company leverage its broad customer base and quality reputation to increase business.

Growing market – Increasing demand for woodworking and panel processing equipment is led by customers in the kitchen cabinet, furniture, millwork and recreational vehicle industries.

INVESTMENT HIGHLIGHTS

Strong customer base – The Company has built a wide and loyal following of more than 1,000 customers. Its top ten clients have been with the Company for an average of 15 years.

Experienced, capable staff – Outstanding sales, service and technical support are provided by employees with average tenure of 20 years.

Supplier relationships – The Company represents some of the world’s finest manufacturers of woodworking and panel processing machinery, with whom it shares solid relationships. Its top five suppliers of equipment and parts have partnered with the Company for an average of 23 years.

2021 Revenue: $5,600,000
2021 EBITDA: $650,000

Contact: NuVescor Group
(616) 379-4047

 

MIDWEST WATER TREATMENT SYSTEM MANUFACTURER (NVC2224)

MIDWEST WATER TREATMENT SYSTEM MANUFACTURER

(TRANSACTION CLOSED SEPT 2022)

This Midwest Company manufactures cost-effective, eco-friendly water treatment systems to control hard-water scale and corrosion for residential, commercial and industrial customers. Its proven technology, developed over decades in business, has been used in over half a million successful installations across the U.S. and world. It can be adapted for use with any size system, and the Company provides the engineering know-how for custom projects. Through its longevity in the market, customer service and time-tested technology, the Company has generated strong customer loyalty. With high profit margins and a history of increasing sales, the Company offers a valuable opportunity for new owners with a focus on marketing and advertising.

GROWTH OPPORTUNITIES

Unused capacity – The Company’s facility could accommodate an estimated four times the current sales volume.  

Boost sales efforts – The current owner juggles multiple duties, including sales and marketing, only scratching the surface of potential sales. Focusing more resources on connecting with new customers could boost business.

INVESTMENT HIGHLIGHTS

Profitable business – The Company currently generates substantial profit margins. 

Top technology – Its unique water conditioners outperform all competitors in physical water treatment. 

Adaptability – The Company’s technology can be tailored to any size system in residential, commercial and industrial settings. 

Established distribution – Sales are nearly all through a broad dealer network, some with 30 years of experience selling the Company’s products. Its top 5 dealers/distributors have been on board for an average of 7 years. 

2021 Revenue: $ 2,450,000
2021 EBITDA: $ 1,400,000