Featured on Automation.com: From Shop Floor to Boardroom: How Automation is Transforming Manufacturing Deals

by Randy Rua | Sep 6, 2024

Featured on Automation.com: From Shop Floor to Boardroom: How Automation is Transforming Manufacturing Deals

September 9, 2024

As Featured on Automation.com: This article by Randy Rua was recently published as a featured article on Automation.com, a leading online publisher of automation-related content.

Article Summary

In today’s competitive environment, manufacturing companies are facing mounting challenges, including supply chain disruptions, rising operational costs, labor shortages, and geopolitical instability. To combat these issues, many are turning to automation technologies like robotics, AI, and machine learning. This shift is not only transforming operations but also reshaping the M&A landscape. Companies with advanced automation capabilities are becoming more valuable, attracting potential buyers and investors.

Automation is driving efficiencies in maintenance, material handling, and real-time monitoring, improving scalability and “future-proofing” businesses. In addition, M&A processes themselves are being streamlined through automation, from deal sourcing to strategy development. As automation continues to evolve, it will be a key factor in driving manufacturing M&A activity through 2025.

Read the full article here

About the Author: Randy Rua is the president of NuVescor, a leading provider of mergers and acquisitions services for manufacturers in Michigan and beyond. For more information, contact Randy at rrua@nuvescor.com.

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Featured in MiMfg Magazine: Is Now a Good Time to Sell Your Manufacturing Business?

by Randy Rua | Jul 31, 2024

Featured in MiMfg Magazine: Is Now a Good Time to Sell Your Manufacturing Business?

July 30, 2024

As Featured in MiMfg Magazine from Michigan Manufacturers Association: This article by Randy Rua was recently featured in the July/August issue of the MiMfg Magazine from the Michigan Manufacturers Association, highlighting NuVescor’s expertise in guiding manufacturing businesses through the complexities of M&A transactions.

Article Summary

In a landscape shaped by fluctuating economic conditions and market dynamics, the decision to sell a manufacturing business requires careful consideration. Recent years have seen a resurgence in Mergers & Acquisitions (M&A) activity, driving business valuations to new heights. However, these valuations are now stabilizing due to factors such as inflation and interest rates impacting costs and profitability.

Despite these challenges, several catalysts suggest that selling a manufacturing business could still be advantageous. Private equity groups and strategic acquirers are actively seeking opportunities, buoyed by available capital and favorable legislative support. Geopolitical shifts and technological advancements further enhance the attractiveness of manufacturing businesses, potentially increasing their market value.

Determining the right time to sell hinges on various factors beyond market demand. Considerations include your business’s financial resilience, personal goals, and readiness to navigate market volatility. Engaging in a competitive sale process can maximize leverage and optimize deal terms, ensuring that you achieve the best possible outcome.

Read the full article here

Michigan Manufacturing Association

About the Author: Randy Rua is the president of NuVescor, a leading provider of mergers and acquisitions services for manufacturers in Michigan and beyond. For more information, contact Randy at rrua@nuvescor.com.

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From MetalForming Magazine: Navigating Your Future as a Metal Former: Exit or Expansion

by Randy Rua | May 10, 2024

From MetalForming Magazine: Navigating Your Future as a Metal Former: Exit or Expansion

Randy Rua has orchestrated hundreds of successful business merger and acquisition transactions. He is the President of NuVescor, a trusted advisor for manufacturing business owners navigating the M&A process. Here’s sneak peak from his article in MetalForming magazine:

In the booming metal fabrication market, consolidation is the wave of the future, offering unique opportunities for small and medium-sized businesses. With the metal fabrication market valued at around $43 billion and anticipated to grow, fabricators are encouraged to review key steps for navigating this dynamic landscape.

Whether considering an exit or expansion, proactive preparation is crucial for a smoother process and increased options. Understanding buyer options, investing in modern automation technologies, and ensuring financial readiness are just some of the strategies to consider.

For those looking to expand, strategic mergers and acquisitions can be a unique growth opportunity in this fragmented industry. An advisor with industry experience can provide valuable guidance throughout the process. Don’t wait until the last minute, start planning now.

Read the full article from MetalForming magazine.

How an Automation Company Strengthened US Presence with Strategic Acquisition of Niche Material Handling Manufacturer

by Randy Rua | May 6, 2024

How an Automation Company Strengthened its US Presence with Strategic Acquisition of Niche Material Handling Manufacturer

April 30, 2024

Coesia, a global leader in the automation industry, has acquired Automation & Modular Components, LLC (AMC, LLC), a well-known manufacturer of material handling automation systems. Facilitated by NuVescor Group, this strategic move is set to significantly bolster Coesia’s presence in the US market, particularly in the battery sector and broad-spectrum material handling applications.

Based in Davisburg, Michigan, AMC has carved out a niche for itself in the automation landscape. The company’s expertise lies in the production of material handling automation systems with integrated controls, as well as conveyors that seamlessly fit into assembly systems and production lines. AMC’s diverse clientele is a testament to its versatility, with the company catering to a plethora of 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.

Alessandro Parimbelli, CEO of Coesia, expressed his optimism about the acquisition, saying “We are glad to welcome AMC into our Group, and we consider this company a strategic asset for the development of FlexLink.”

The acquisition of AMC is a significant step forward for Coesia, and for its subsidiary FlexLink. AMC’s heavy-weight conveyance systems are set to enhance and expand FlexLink’s robotic and material handling expertise.

Dick Shore, AMC’s former owner, is equally optimistic about the company’s future under Coesia’s leadership. He’s confident that Coesia/FlexLink is the perfect fit for AMC to continue its growth trajectory and expand its global footprint.

Shore stated, “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.”

Coesia’s plans for the future are ambitious, with the Group aiming to continue investing in automation technology. The sector’s attractive growth prospects make it a lucrative avenue for Coesia’s inorganic and organic growth, both in the United States and globally.

Randy Rua, President of NuVescor, the M&A advisor for AMC, lauded the company’s unique capabilities in the manufacturing space. He stated, “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.”

The acquisition of AMC by Coesia is a strategic move that aims to benefit both companies. AMC’s expertise in material handling automation systems and Coesia’s global leadership in the automation industry are a winning combination.

Learn more about the transaction here

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Shively Bros. Acquires Woodworking Company

by Randy Rua | Mar 13, 2023

Shively Bros. Acquires Woodworking Company

GRAND RAPIDS, Mich. – March 8, 2023 – NuVescor Group is pleased to announce the successful sale of a specialized woodworking company to Shively Bros. Inc.

The woodworking company is experienced in dealing with even the most complicated kitchen remodeling and kitchen renovations. Its award-winning kitchen designs are regularly featured in local, regional and national publications. According to Chris Clarambeau, President of Shively Bros., “This was an opportunity for our company to expand into a new sector where we can bring our experience and distributor reach to a new set of clients. We are excited to add this capability and product offering to our portfolio as well as diversifying our customer base.”

Shively Bros., based in Flint, Mich., is a family of companies working collaboratively to improve its manufacturing customers’ operational efficiencies. Its six core areas of expertise are inventory management, supply chain management, engineering services, cutting tool preset and regrind management, gauge management and continuous improvement. Each Shively Bros. company plays a unique role, contributing its own specialty and expertise, to deliver a broad spectrum of high-quality products and solutions designed to increase their customers’ bottom lines.

Shively Bros. was founded in 1947 in Flint, and has grown steadily to now include 15 locations across five

U.S. states as well as Canada and Mexico. It currently serves more than 1,200 customers in a variety of market segments, including automotive, aerospace, medical instruments, food service, metal stamping and oil and gas.

Shively Bros. was assisted in the transaction by NuVescor Group.

About Shively Bros. Inc.

Shively Bros. Inc. is an employee-owned firm that consists of five companies: Shively Bros., Shively Supply, Shively Diversified Management Services, Shively Bros. Canada and Shively Bros. Mexico. For more information on Shively Bros., visit www.shivelybros.com.

About NuVescor Group

NuVescor Group, based in the Midwest, is a distinguished mergers & acquisitions service company that has served the manufacturing industry since 2007. The employees of NuVescor possess the full array of disciplines needed to complete successful and timely business transactions. NuVescor utilizes a proprietary proven process that greatly increases the success rates for business transactions as well as the customer experience. For more information about NuVescor, visit www.nuvescor.com.

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