GRAND RAPIDS, MI  – NuVescor Group is pleased to announce the successful sale of Guide Engineering LLC of Fort Wayne, Ind., to FabX Industries Inc. of Greenville, Mich.

Guide Engineering designs and builds high-end automation, assembly and test systems, including robotics, primarily serving automotive manufacturers. FabX Industries is a manufacturing holdings company which provides high-quality, cost-effective and value-added machining and fabrication services for the fenestration, automotive, marine, furniture and recreational vehicle industries. Before the acquisition, FabX consisted of Aquest Machining and LaserTec Sheet Metal Fab, both of Greenville, and Elite Precision Machining of Kalamazoo.

Since the acquisition, which was effective Oct. 31, Gopi Ganta has assumed the CEO role at Guide Engineering. His experience is in the engineering, operational and financial sides of business.

Ganta said FabX was interested in Guide Engineering because of synergies between the companies, the experience and skills of Guide Engineering employees and the overall trend toward increased demand for automation among U.S. manufacturers. He and the management team at FabX will bring strategic and business development experience to help diversify and grow the Indiana company, whose capabilities extend far beyond its current automotive focus.

“I’m really excited to be working with Guide Engineering,” Ganta said. “With my engineering background, I can provide strategic direction for Guide to pursue opportunities outside of the automotive field.”

He noted that FabX can supply machine components to Guide Engineering to improve its quality and service. FabX also can develop automated and robotic systems to manufacture certain marine industry components. FabX also is an ISO 9001-certified company.

Guide Engineering President and former co-owner Scott Taylor agreed that the partnership will allow for many synergies in transferable opportunities and for the continued growth of Guide Engineering.

Taylor said his partners at Guide Engineering, Andy and Lisa Zundel, will step aside as they enter their well-deserved retirement years. Taylor will continue as president of Guide over the next several years. All Guide Engineering’s employees will remain on staff with no changes in the Company’s core business model, other than pursuing opportunities to diversify in the automation market.

Ganta confirmed that current Guide Engineering staff will remain, and design and control engineering positions will be added.

Guide Engineering will continue to operate under its current name. In a memo to customers and suppliers, Taylor said: “Please take note that we will operate on business as normal with no interruptions to each of you. Our objective is to continue promoting the same expertise, competitiveness, quality, and support as you have come to expect. We look forward to the years to come as we continue our relationship and partnerships.”

Guide Engineering was established in 1960 as a design-only Company and expanded in the 1970s to produce single-use special machines. From 1980 to 2000, the Company expanded its focus again to include small assembly cells. Since 2000, the Company has continued to grow as a high-end assembly and automation systems integrator. Guide Engineering has been at the forefront of changing technology, both in the electro-mechanical product realm and in software development. Investment, recruiting and development of a skilled workforce has enabled it to evolve over time to produce larger and more complex systems, including robotics.

About FabX Industries Inc.
FabX Industries, of Greenville, Mich., is a manufacturing holdings company established to provide high-quality, cost-effective and value-added machining and fabrication services for the fenestration, automotive, marine, furniture and recreational vehicle industries. Before the acquisition, FabX consisted of Aquest Machining and LaserTec Sheet Metal Fab, both of Greenville, and Elite Precision Machining of Kalamazoo.

About Guide Engineering LLC
Guide Engineering LLC has been a leader in the design and manufacture of automation, assembly and test systems, including robotics, primarily serving automotive manufacturers for more than 50 years. Based in Fort Wayne, Ind., the Company was founded in 1960. The Company has distinguished itself with a highly skilled workforce applying cutting edge technology.

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 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.

GRAND RAPIDS, MI, – NuVescor Group is pleased to announce the successful sale of Van’s Pattern, based in Grand Rapids, MI to LNS Manufacturing, Inc. owned and led by Larry DeHart and the Van’s Pattern current General Manager, Glenn McQuarter.

Van’s Pattern is a national leader and innovator in the manufacture of polystyrene patterns and prototypes.

DeHart said Van’s Pattern is an attractive opportunity because it’s been in business for 60 years, has a solid reputation in the industry, a mature workforce and is a pioneer in polystyrene pattern design and construction. The new owners have decades of manufacturing experience and Larry in particular has grown two companies, including Micro Machine Company, which he owned until 2010. Micro Machine, a precision Medical Device Manufacturer, had locations in Kalamazoo, Mich., and Warsaw, Ind.

“With 48 years of production management background, growing two companies as well as owning one of them, I feel comfortable in my abilities to continue the established reputation as well as promoting growth” said DeHart, now president of Van’s Pattern.

DeHart said he is “keenly aware of the challenges facing manufacturing today, especially in the contract manufacturing arena” and expects growth in the business. They are expecting to add 8 to 10 employees in 2021. The company currently employs 21 people.

Former Van’s Pattern owner Dan Vander Molen took over the company from his father more than 40 years ago, and prior to that worked closely with his father, learning all aspects of the business. He has seen the evolution of pattern making from the early wood patterns and recognized an opportunity to produce patterns using foam. Vander Molen was an early innovator and led the way in the industry in foam patterns. Van’s Pattern utilizes nine CNC-controlled cutting machines to meet the high-precision demands of the auto industry, special tool manufacturers and foundries.

About Van’s Pattern
The Company operates out of a modern 40,000 sq. ft. building at 11 Sweet St. NW, in Grand Rapids, Michigan. It has an excellent track record of serving industrial OEM and Tier 2 manufacturing clients as well as iron and steel foundries across the US. Its extensive facilities, best-in-class equipment and a highly-trained workforce rank it at the top of its industry.

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.

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NuVescor Group is pleased to announce the successful sale of a concrete supply business to a longtime concrete contractor. NuVescor represented the seller in the transaction.

The buyer has been a trusted leader in the concrete industry for more than a half-century, providing concrete construction to a large group of customers.

The seller provides a wide range of concrete and related products including sand and stone aggregates and crushed concrete and serves as a one-source, efficient supplier of multiple products to contractors. Its high-quality products, developed through a focus on concrete technology, and emphasis on customer service produced a long history of repeat customers, growing sales and profitability. The Company’s owner was ready to retire, and the purchase provides the opportunity for the new owner to take over a successful, established operation.

The business was family owned and finding the right fit to continue the culture was a priority for the seller. Understanding the expectations of our clients and preparing them for the market resulted in a successful sale to the right buyer.

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 has a strong focus and track record 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.

AGET Manufacturing recently acquired by Madison Street Holdings, LLC

NuVescor Group is pleased to announce the successful sale of AGET Manufacturing to Madison Street Holdings, LLC.

AGET Manufacturing is in the air filtration sector and is a well-established Company that develops, manufactures, markets and sells a line of equipment used in nearly every manufacturing setting. The Company’s product line includes proven manufacturing support equipment with strong brand recognition.

AGET Manufacturing, operating in Adrian, Michigan, was founded in 1938 and has a long history of making and selling equipment for dust collection, with customers throughout the United States and around the world. The well-diversified customer base includes manufacturers in the wood working, metal processing, pharmaceutical, food, agriculture and plastics industries. Superior quality and excellent customer service have generated an exceptional reputation and loyal customer base. The primary collection units are cyclones and shaker baghouses.  Other products include blower/baghouse units, mist collectors, chip/mist collectors, rotary valves, back draft dampers, down draft tables, zipper ducts, and various combinations of equipment.  Rob DePierre, the former owner said, “I could not be happier with John and Lauren, AGET is poised for incredible growth and I have every confidence that they are the team to do it.”

Madison Street Holdings is owned by Lauren Cato and John Mitchem. Lauren is a graduate of the University of Michigan and Wayne State University Law School.  Lauren began her legal career with a focus on real estate and further refined that focus to the wireless communications industry in its infancy.  Following working as a Partner at Richard Conner Riley and Associates, LLC (RCR), and a Director at Black and Veatch following its acquisition of RCR, Lauren founded wireless site acquisition company Catalyst Network Services, LLC in and is currently its President. John is a graduate of Wayne State University in Industrial Engineering.  John began his automotive career in the steel processing industry as a metallurgist.  John worked in both Technical and Sales and Marketing leadership roles at Masco Industries, MascoTech companies, American Axle and most recently Vice President at MPG, a NYSE publicly traded company.

They saw in AGET an opportunity to leverage their combined business experience of Lauren’s 27-year legal background and business owner and John’s 30-year automotive supplier background to grow and develop the company. There is a strong management team in place and opportunity to expand sales into additional industries as well as increasing production capabilities for existing customers. According to Lauren, “We saw an immediate fit with the AGET team and are very excited to work closely with them to take AGET to the next level. Rob has done an incredible job streamlining processes, developing the management, marketing and sales channels and growing AGET to where it is today — a successful and profitable, well-run organization. “

NuVescor proudly served as the exclusive mergers and acquisitions advisor for the seller. For over a decade, NuVescor has been a leader in the Mergers & Acquisitions industry in Michigan. With years of experience and a unique proven process, the NuVescor teams works together to ensure successful and timely business transactions, delivering excellent results to their clients. For additional information, please visit www.nuvescor.com